Iraq "Lagging in Foreign Investment"
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. The question that constantly arises in Iraq, and that is often posed perplexedly, is: “Why have the Iraqis failed to attract large-scale investments over the past ten years of political and […]
More Progress Required on Landmines
Iraq continues to be one of the most contaminated countries in the world with landmines and unexploded ordinance. Today, on the International Day for Mine Awareness and Assistance in Mine Action, the United Nations calls for more progress to eliminate the threat of landmines to Iraqis. “Landmines and unexploded ordinance continue to terribly affect Iraqis, […]
DPS Global Starts Work at Khurmala Dome Field
Global Trader reports that British business activity in Iraq is increasing on a monthly basis with process engineering and technology group DPS Global being the latest firm to reveal details of a major new project. The company has started work on the expansion of the Khurmala Dome Field Development (pictured), the northernmost dome of the […]
Iraq’s Arab League Presidency: Wasted Opportunity?
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. A few days ago, Iraq handed over the Arab League presidency to Qatar a year after taking the reins, thus marking its return to the Arab political sphere and confirming its […]
Rocket Casing Discovered Near the US Consulate
The U.S. Department of State reminds U.S. citizens in Iraq of the continued threat of roadside improvised explosive devices (IEDs). On Tuesday, April 2 an empty 107mm rocket casing was discovered partially concealed on the side of the road near the U.S. Consulate General in Erbil. Local authorities were contacted and the device was cleared […]
Video: Jihadis in Iraq and Syria Joining Forces
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi intelligence officials have said a cross-border alliance is growing between the Islamic extremist groups al-Qaeda in Iraq, and the al-Nusra Front in Syria. (Source: Jewish News One)
IBBC Opens New Office in Erbil
The Iraq Britain Business Council has boosted its operations in Iraq by opening a new office in Erbil. The IBBC’s new office is inside UB Holding at UB Plaza in Erbil’s Gulan Street. In the coming weeks an office manager will be hired. VIP guests included KRG Trade and Industry Minister Sinan Çelebi, British Consul […]
Siemens, Toyota Tsusho Collaborate on Iraqi Electricity
Siemens Turkey and Japan’s Toyota Tsusho are to build 24 electricity distribution centres in Iraq, in a deal worth $81 million. Hurriyet Daily News reported that the two companies signed a deal to join forces in the transformer station project, which have a total capacity of 31.5 megawatts. Siemens will manufacture the products in both […]
Update on Bina Bawi Oilfield
By John Lee. Austria's OMV, the operator of the Bina Bawi field in the Kurdistan Region of Iraq, has today issued the following press release: An extended well test ("EWT") commenced production from the Bina Bawi-3 well on March 20, 2013. Furthermore the contractor group has submitted a Declaration of Commerciality for the field to […]
Video: Iraqi Christian Leaders Trying to Restore Hope
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. During ten years of violence in Iraq, millions of people have fled the country, many of them are Christians. Now, the new leader of Iraq's largest Christian group is trying to stem the […]
"Plans for ‘Kurdish Empire’ Advance"
By Qassim Khidhir Hamad. 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. In an interview with NIQASH, the representative of the Syrian Kurdish party running Kurdish parts of Syria talks about their contingency plan, for after the […]
Time to Blow our Own Trumpet
By John Lee. Iraq Business News is growing. Less than three months ago, the list of subscribers to our free weekly newsletter hit 13,000 -- last week we topped 15,000! To put it another way, every working day forty new readers join the ranks of the best-informed business minds in Iraq. Many of these join on […]