Video: Maliki Reshuffles Security Chiefs
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's prime minister has ordered a reshuffle of his senior security commanders, including those in charge of the capital Baghdad. A major escalation in sectarian violence has pushed the government deeper into a […]
Simplified Visa Procedures for Foreign Oil Workers
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. An Iraqi government spokesman said that the Baghdad government has decided to grant foreign oil company workers in Iraq assistance in obtaining entry visas and residency permits, following many complaints of […]
KRG Representative to Spain visits Portugal
The Kurdistan Regional Government’s Representative to Spain, Mr Daban Shadala, made his first visit to Portugal, where he held meetings with officials and private sector representatives. The objective of the visit was to meet with various Portuguese government and private sector entities, to determine points of interest for future cooperation in the areas of education, […]
Video: "Sunni, Shia must Unite Against Enemy"
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Press TV has conducted an interview with Kevin Barrett, author and Middle East expert, Madison, about the situation in Iraq and the growing terrorism there. (Source: PressTV)
Video: Sunnis Want Sovereign Federal Region
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Tens of thousands of Sunni Muslims in Iraq have taken part in anti-government protests to demand the creation of their own federal region. Al Jazeera's Omar al-Saleh reports that the organisers of the […]
Iraq to Assemble Iranian Cars
By John Lee. Iranian carmaker Iran Khodro (IKCO) is to open a 30,000-units-per-year assembly line in Iskandariya [Alexandria], south of Baghdad, by the next month. Iran Khodro deputy director for exports, Abdol’azim Sa’dian, told IRNA that the preliminary agreements were made three years ago, and Iran Khodro has been exporting its products to Iraq for about […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23th May 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,793 (+1.2%) / $1,852 (+2.9%) (weekly change). The number of week traded shares was 36.9bn and the weekly […]
Basra Execs Visit Texas
The Bilateral US-Arab Chamber of Commerce announced that it hosted a business-to-business networking luncheon this week for visiting private sector executives from Basrah, Iraq, who are seeking to establish US partnerships, identify suppliers, and strengthen trade relationships to help with Iraq’s rebuilding efforts. The event is part of the Chamber’s CEO Insight Series, held in […]
Iraq's Yazidis in Crossfire In Baghdad
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. On the evening of May 14, 2013, dozens of people had gathered in front of a small shop in Baghdad to buy alcohol. Rabie Square — a vital commercial center in […]
Private Generators get Fuel During Ramadan
By John Lee. Iraq's Council of Ministers has ruled that the Ministry of Oil is to supply the owners of private electricity generators with fuel from 1st June to 30th September. Owners will receive 30 litres of gasoil per KVA of generator capacity each month. (Source: AIN)
Alstom Starts Work on $450m Power Plant
By John Lee. Azzaman reports that French company Alstom has started work on a new power plant in Diyala. The 730 megawatts plant will be one of he largest in the country, and is being built at a cost of $450 million. Electricity Minister Abdulkarim Aftan, accompanied by representatives from Alston, laid the foundation stone […]
Tenders Expected for 150 Wells at Rumaila
By John Lee. The head of the joint management committee at the giant Rumaila oilfield has told Reuters that BP will issue tenders for the drilling of 150 new oil wells in the second half of this year. Salah Mohammad said there would be three tenders of 50 wells each, and added that 300 wells […]