Zebari Discusses Chapter VII with Kobler
Foreign Minister Hoshyar Zebari has hosted a meeting with the Representative of the UN Secretary-General in Iraq, Martin Kobler. During the meeting, they discussed the role of the UN Mission in the provincial elections that took place recently, and its implications for political developments. Kobler briefed the Minister on the results of his meetings with […]
Delegation from Erbil visits Romania
By John Lee. A delegation from Erbil has visited the city of Brasov in Romania. Led by Deputy Governor Tahir Abdullah, the business group discussed the establishment of direct transport links from Erbil to Bucharest, and the provision of visas at the Romanian consulate in Erbil. Furthermore they addressed the issues of tourism and the participation […]
Doing Business in Iraq: Tread Carefully
By Raid Abu-Manneh. This article first appeared in Building, and is published by Iraq Business News with the kind permission of the author. A decade after the invasion of Iraq there are opportunities for UK firms in the country’s infrastructure sector. But they must be aware of the legal framework they will be working in. […]
Iraq's Sunni-Shiite Divide About Governance
By Harith al-Qarawee for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. There are two conflicting trends at the core of the sectarian dispute that is intensifying in Iraq. The first trend is influenced by domestic political considerations pertaining to the failure of the […]
Being Bullish on Iraqi Banking
With so much gloomy news around, it is good to find some analysis that shows the other side of the story: A report just issued by Sansar Capital suggests that shares in Iraq's banking sector may be ripe for a re-rating. Key to the report's findings is the argument that Iraq's banks are exceptionally well […]
Weekly Security Update 01 - 08 May 2013
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW Sectarian violence has continued this week in Iraq, but at a tempo somewhat reduced from the previous weeks. With the number of high impact attacks and skirmishes waning fatalities this week fell to approx. 146, bringing the yearly total to approx 1966. In line with the recent […]
Dana Gas Rules Out Iraq Asset Sale
By John Lee. Dana Gas has reportedly denied speculation that is about to spin off its assets in Iraqi Kurdistan. Shares in the Abu Dhabi-based energy firm had risen on the rumours, but a spokesman said: "There is absolutely no basis to rumors of spinning off or selling Kurdistan or any other assets, and the […]
Mondi Opens Industrial Bags Plant
By John Lee. Mondi has recently started full production at its new industrial bags plant in Sulaimaniyah. Together with local partner, Kaso Group, this greenfield project is set to strengthen Mondi’s industrial bags business in the expanding Middle East and North Africa region (MENA). The plant specialises in valve bags for the cement and building […]
Iraq’s Petroleum: Challenges of Managing the Plenty
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s Petroleum Upstream Development and the Challenges of Managing the Plenty Extended Abstract based on PowerPoint presentation delivered before the Natural Resource Charter -NRC Annual Conference “Investing Natural Resource Wealth for Sustainable […]
Iran, Iraq to Develop Joint Fields
By John Lee. FARS news agency reports that Iran and Iraq have struck an agreement to cooperate and exchange technical data about the development of shared oil and gas fields. Masoud Jabbari-Rad, director for coordination and supervision of oil and gas production at the National Iranian Oil Company, noted that the two countries share extensive […]
Video: PKK Fighters in Turkey to Withdraw to Iraq
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. On Wednesday Kurdish rebels say they'll start pulling their fighters out of Turkey into Iraq as part of a peace plan with the Turkish government. The Kurdistan Workers Party, PKK, was founded in […]
Video: Iraqi Kurdistan hosts Syrian refugees
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The number of people fleeing the conflict in Syria continues to rise. Iraq's central government has closed its borders to most refugees but the Kurdish region has welcomed 90 percent of those seeking […]