Video: A Look Back at a Decade of Conflict
From PBS. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. From the crumpled remains of deposed leader Saddam Hussein's statue, to ink-stained fingertips of happy Iraqis signifying a first free election, to the rise of an insurgency against coalition troops that introduced the scourge […]
Italy's Techint Wins Zubair Deal
By John Lee. Italy's Techint Engineering and Construction has won a $387.8 million contract to build housing for workers at the Zubair oil field, reports Fox Business. Techint will build a village for workers and a regional office for operating partners in the field, the Iraqi council of ministers said, adding that work in the […]
Maliki Seeks 'Majority Government' In Iraq
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. Iraqi Prime Minister Nouri al-Maliki seemed confident that he will achieve “a landslide victory” in the local elections on April 20. His confidence was apparent in the statements he made while […]
Iraq Participates in Chemical Weapons Conference
The 3rd Chemical Weapons Convention Review Conference was opened on Monday 8\4\2013 in Hague in the presence of Ban Ki-moon, UN Secretary General, Ahmed Auzmjo, Director General of the Organization for the Prohibition of Chemical Weapons (OPCW), Frans Timmermans, the Dutch Foreign Minister, in addition to a number of ministers and dignitaries of the member […]
Video: Baghdad holds Talks with KRG
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Negotiations between Iraq's central government and Kurdistan's regional government have been described as productive. Officials in the Kurdistan Region have sent a letter to Iraq's ruling National Alliance. The alliance has visited Kurdish […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th April 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,703 / $1,842 (+1.9%) (weekly change). The number of week traded shares was 9.3bn and the weekly trading […]
The Prize for the Best Promise of the Week
By Padraig O'Hannelly. In 1987, management guru and writer Tom Peters wrote that the formula for success was to under-promise and over-deliver -- in other words, to manage expectations. We can only hope that this maxim was in the mind of Iraq's Minister of Electricity, Abdulkarim Aftan [Karrem Aftan al-Jumali]., when he spoke this week about […]
Weekly Security Update
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW With the local elections looming and little progress in the Al-Anbar / Nineveh election standoff Iraq continues to be gripped by election related violence with the first high impact attack against a political rally taking place this week. As of close of play 07 Apr the […]
Genel Energy Shares Jump on Oil Find
By John Lee. Shares in the Anglo-Turkish oil and gas company Genel Energy closed up 6.4 percent on Wednesday after it announced that the first of five exploration wells it plans to drill this year in the Kurdistan Region of Iraq has made a significant oil discovery. The company said the Chia Surkh 10 well […]
Electricity Ministry "Stops Dealings with Siemens"
Iraqi press sources claim that the Ministry of Electricity has ceased dealings with the German company Siemens and all its subsidiaries, due to the company not fulfilling its contracts. The spokesperson of the Ministry of Electricity, Musab al-Mudaris, reportedly said that Minister Kareem Aftan gave the instruction during a meeting with the South Korean company Hyundai […]
Huge Find Throws new Light on Ancient Iraq
University of Manchester archaeologists have started the excavation of an enormous building complex in Iraq, thought to be around 4,000 years old. The team, directed by Professor Stuart Campbell and Dr Jane Moon, both from Manchester, and independent archaeologist Robert Killick, first spotted the amazing structure – thought to be an administrative complex serving one […]
Promises of Reliable Electricity Offer Little Reassurance
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. As the hot weather sets in, promises to provide round-the-clock electricity are making headlines in Iraqi news programs and newspapers. This comes after the hardships Iraqis have undergone in recent years […]