Postponement of Provincial Elections in Anbar, Nineveh
By Reidar Visser. The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq […]
Maliki Re-Elected as Head of Dawa Party
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 has won a third term for the presidency of his Islamic Dawa Party in an election that was attended by a number of Iraqi political leaders […]
Video: Why Western Oil Firms Struggle in Iraq
CNN's Fareed Zakaria speaks with Paul Brinkley, former U.S. Deputy Under Secretary for Business Transformation with the Department of Defense, about his efforts to get major American companies to set up in Iraq: (Source: CNN)
Dana/Crescent Invest $1bn in Kurdistan
Dana Gas PJSC, the Middle East’s leading private-sector natural gas company, and Crescent Petroleum, the Middle East’s oldest private oil and gas company, in their capacity as joint operators, have announced that the total investment on behalf of the partners in gas operations in the Kurdistan Region of Iraq has exceeded US$1 billion. Total cumulative […]
More Progess at Halfaya
By John Lee. The Missan Oil Company has finished drilling one of the new wells at the al Halfaya field. Director General of the company, Ali Imurig Soadj, said that the BOHI company, contracted by Petrochina, completed the HF-107-K107 well at the al Mushrif reservoir. Thirty-five wells have been drilled at Halfaya, including 8 old […]
UK Media Group sets up at Kurdish University
By John Lee. An online, student-run producer and broadcaster of live interactive TV and documentaries, first established at UK's Warwick University in 2011, has been introduced to the University of Kurdistan-Hewler in Iraq. UKH SIBE held its introduction event recently and received a warm welcome with just under 400 students, around 40 percent of the student […]
Iraq to Spend $130bn on Energy Infrastructure
By John Lee. Iraq plans to spend $130 billion on the country’s upstream sector over the next five years, according to a report from Bloomberg. Speaking at a conference in Basra, Oil Minister Abdel-Kareem al-Luaibi [Elaibi] (pictured) said the expenditure will be necessary to help raise production capacity to 9 million barrels a day (bpd). […]
Iran, Kurdistan Start Direct Flights
By John Lee. Direct flights have been launched between Iran's Western city of Oroumiyeh [Urmia] and Erbil in Iraq Kurdistan. The Director of Oroumiyeh International Airport, Kamal Parhizgar, said the flights would be scheduled on Sundays and Thursdays. (Source: PUKmedia)
IBBC Welcomes Private Sector Jobs Initiative
The Iraq Britain Business Council (IBBC) has welcomed a new initiative to boost the Iraqi jobs market. A weekend conference in Basrah - sponsored by the Ministry of Oil and supported by Shell - has been investigating how to revitalise the Iraqi private sector by ensuring contracts with oil majors went to local firms. Oil […]
Italy Considers Kurdistan "Gateway to Iraq"
By John Lee. Italy’s new ambassador to Iraq, Massimo Marotti (shown here presenting his credentials to Minister of Foreign Affairs, Hoshyar Zebari, in January), has said that Italy considers the Kurdistan Region as the “gateway” to Iraq. On a recent visit to Erbil, he said: "Trade between the Kurdistan Region and Italy has reached $4 billion […]
Video: Iraq War cost US over $2 Trillion
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Americans are still paying for the Iraq War that lasted nearly a decade. And costs are still expected to surge. When the conflict started ten years ago this month, it was expected to […]
Video: Kurdistan Among the Success Stories
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As the world discusses the legacy of the Iraq war on the 10 year anniversary of the US-led invasion, one group that appears to have clearly benefited from the conflict is Iraq's […]