Oil Cos in Basra Caught in Political Crossfire
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The change of the municipal government in the oil-rich Iraqi city of Basra, some 490 km (305 miles) from Baghdad, raises a number questions regarding the policy that the new government […]
Hungary to Establish Diplomatic Presence in Erbil
The new Hungarian Ambassador to Iraq, Mr. Tibor Tamari, visited the Kurdistan Region this week to meet with senior officials as following his appointment. Minister Falah Mustafa, Head of KRG Department of Foreign Relations, received the new ambassador, who has already presented his credentials to Baghdad, to discuss Hungarian engagement in Kurdistan on. Minister Mustafa […]
Zebari Receives Turkish Ambassador
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari has received the Turkish Ambassador in Iraq, Younis Demirer. During the meeting, the two sides reviewed Iraqi - Turkish relations, emphasizing mutual respect. The Minister expressed his keenness to overcome the obstacles that stand in the relations between the two neighboring countries in accordance with the […]
Khanaqin Mystery: Who is Torching Orchards?
By Kawa Sheikh Abdullah. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. There have been about 140 fires in Khanaqin’s famous orchards recently. Environmental activists say the city is at fault. The city blames the orchard owners, […]
Iraq's Oil Exports Fall In June
By Matthew Gayle. According to shipping data tracked by Reuters and industry sources, oil exports from Iraq have fallen by about 200,000 barrels per day (bpd) in June due to bad weather disrupting loadings. Exports from Iraq’s southern shipping outlet, have averaged close to 2 million bpd in the first three weeks of June, which […]
FLIR Supports Surveillance in Iraq
By John Lee. FLIR Systems has been awarded a $14,361,776 modification to a previously awarded firm-fixed-price, multi-year contract. The deal is for the procurement of repairs and refurbishments and logistical support for sensor components of the Legacy Rapid Aerostat Initial Deployment Base, Expeditionary Targeting and Surveillance Systems – combined, Cerebus and Cerebus Lite systems that […]
Political Alliances Shift in Baghdad
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An alliance combining Shiite and Sunni currents in Baghdad succeeded last Saturday, June 15, in forming a local government without the participation of the State of Law Coalition. The latter was […]
Iraqi Kurds Join Pro-Erdogan Protests
The square facing the Turkish consulate in the city of Erbil, the largest city in Iraq's Kurdistan region, had been experiencing over the past years demonstrations condemning the policies of the Turkish government headed by Recep Tayyip Erdogan. Things, however, have changed, and the square has begun seeing demonstrations in which participants hold photos of […]
Minister Hawrami's Speech in London
Keynote address by Dr Ashti Hawrami, KRG Minister of Natural Resources, to the CWC Iraq Petroleum Conference in London: Distinguished Guests, Ladies and Gentlemen It is a pleasure to be invited once again to the Iraq Petroleum conference in London. Thank you to the organizers CWC. We look forward to seeing you in Erbil at […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th June 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,908 (+2.9%) / $2,013 (+4.5%) (weekly change). The number of week traded shares was 53.5bn and the weekly […]
Iraq Moves Troops To Syrian Border
By Ali Abel Sadah for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Prime Minister Nouri al-Maliki, commander-in-chief of the Iraqi armed forces, decided on the night of June 16, to move nearly 8,000 Iraqi troops toward the Iraqi-Syrian and Iraqi-Jordanian borders. This […]
Zebari Receives Tunisian Chargé D'affaires
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari, has received the new Tunisian Chargé D'affaires in Iraq, Samir Jamae. During the meeting, relations between Iraq and Tunisia were discussed. The Tunisian official handed over a letter to Minister Zebari from his Tunisian counterpart concerning the development of bilateral relations. The meeting was attended by […]