Iraqi Youth Initiative Combats Sectarianism
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While the Iraqi government seems to be in a coma when it comes to bridging the gaps between the different segments of Iraqi society, Iraqi youth volunteers have opened the doors of […]
Blackwater Guards to Face New Charges
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. New charges have been brought against former Blackwater Worldwide security guards suspected of involvement in the 2007 killing of unarmed civilians in Baghdad:
Smugglers Easily Cross Iraq’s Border
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Khurshid, the khajakji (the local word for a smuggler), smiled when he spoke of the border. “It’s a fairy tale for domestic consumption only, not a reality, at least for us,” […]
Zagrosjet Commences Operations
By John Lee. Zagrosjet, a new carrier based at Erbil, has begun operating. According to Anna.aero, the airline will initially serve Adana and Ankara in Turkey, Beirut in Lebanon, and Stockholm Arlanda in Sweden. (Source: anna.aero)
Human Rights and Democracy Report
The UK's Foreign and Commonwealth Office has issuued the following update on human rights and democracy in Iraq: We remain concerned by the deteriorating security situation in Iraq and the increasing frequency of coordinated attacks. According to the United Nations Assistance Mission in Iraq, almost 3,000 people were killed in acts of terrorism between July […]
Weekly Security Update 09 - 16 October 2013
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW This week has seen little change in the security situation as suicide bombings and shooting endure and the Syrian conflict continues to make its presence known in the north of the country. The dynamic that is playing out in northern Syria is becoming of greater concern for […]
China Seeks 70% More Iraqi Crude
By John Lee. China is attempting to increase purchases of its crude by more than two-thirds next year, according to a report from Reuters. "Iraq is in a lucky position because we always get more requests than we can actually supply," deputy prime minister for energy Hussain Al-Shahristani said on Wednesday at the World Energy […]
Cabinet Authorises Bombardier Contract
By John Lee. The Iraqi cabinet has authorized the Transport Ministry to sign a contract with the Canadian firm Bombardier. The deal will involve the purchase of five CS300 aircrafts at a cost of $40 million each, according to a report from Aswat al-Iraq. (Source: Aswat Al Iraq)
Seismic World Record Set at Shakal Block
Wireless Seismic, Gazprom Neft, and Asian Oilfield Services Limited (ASIAN), have announced that a world record has been set for the number of live seismic channels recorded in real time by a cable-free seismic recording system. ASIAN has been acquiring a 270 sq km 3D seismic survey over a mountainous prospect in the Kurdish Autonomous […]
Oil Exports to Rebound
By John Lee. According to a report from Reuters, exports from Iraq's southern terminals have averaged 1.67 million bpd in the first 16 days of October, down from September's rate of 1.82 million bpd and the 2.31 million bpd achieved in August. But due to the reopening of all four of the crude loading berths […]
Cabinet Approves $700m Daewoo Deal
By John Lee. Iraqi Cabinet has authorised the Transport Ministry to sign the breakwater project for Great Fao [Faw] Port in Basra with the South Korean company Daewoo Engineering and Construction. According to a report from Aswat al-Iraq, this phase of the project will cost 521.56 million Euros. (Source: Aswat Al Iraq)
RAK Airways to Open Najaf Route
By John Lee. RAK Airways will start flying to Najaf early next month, the carrier told Khaleej Times. The airline, which is celebrating its third anniversary, said that Najaf will be its first entry into Iraq. The route will be served by an Airbus A320. (Source: Khaleej Times)