Foreign Engineers Detained "in Solitary Confinement" in Iraq
By John Lee. An Australian engineer and his Egyptian manager have reportedly been held without charge, and in solitary confinement, in Iraq for the past three weeks. Robert Pether, who lives in Ireland, is said to have been called to Iraq to discuss a dispute between his employer, UAE-based EKO Engineering Arabia, and the company's […]
Dana Gas Resumes $600m Expansion in Iraq
Dana Gas and its partner Crescent Petroleum have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on behalf of the Pearl Petroleum consortium. The KM250 expansion involves further investment of US$600 million to add 250 million cubic feet […]
KAPITA launches New Co-Working Space in Baghdad
KAPITA launches a new co-working space in Baghdad dedicated to supporting Iraqi entrepreneurs KAPITA, in partnership with Iraqi Angel Investor Jafar Musawi (CEO of Atlas Plast), have opened up a new co-working space in Baghdad that aims to support the growing entrepreneurship and small business sector in Iraq. The newly opened space 'CoWork', is a […]
Flights resume between Iraq and Belarus
By John Lee. Flights are reportedly resuming between Iraq and Belarus, following a suspension due to COVID-19. According to Shafaq, Iraqi Airways will operate one flight per week between Baghdad and Minsk. Meanwhile, Belta reports that Fly Baghdad will serve the same route on Mondays and Thursdays. (Sources: Belta, Shafaq)
Iraq in Talks to build Nuclear Reactors
By John Lee. Iraq is reportedly in talks with Russia, France and the United States regarding the construction of three civil nuclear reactors. According to The New Arab, the Head of the Iraqi Radioactive Sources Regulatory Authority (IRSRA) said that several preliminary meetings had been held to study the feasibility of setting up the reactors. […]
Fire Kills 82 at Baghdad Hospital
By John Lee. A fire at a Baghdad hospital treating COVID-19 patients has killed at least 82 people, and left more than 100 injured. The blaze, at the Ibn Khatib Hospital, was caused on Saturday night when an oxygen tank is said to have exploded. Prime Minister Mustafa al-Kadhimi has suspended the Minister of Health, […]
Could Iraq Really Become OPEC's Largest Oil Producer?
Writing in Oil Price, Simon Watkins says that there is "no insurmountable reason" why Iraq could not more than double its oil output to 8 million barrel per day (bpd) by 2029. Click here to read the full story.
Can New Tech Save Iraq's Old Economy?
By Bilal Wahab and Michael Rubin, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can New Tech Save Iraq's Old Economy? As the United States recalibrates its relationship with Iraq, the advent of Iraq's cyber economy also provides an opportunity […]
Iraq-Lebanon Fuel Oil talks "Shrouded in Mystery"
By Noam Raydan, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Lebanon fuel oil talks remain shrouded in mystery Despite Lebanon's deepening financial crisis, its politicians remain committed to the same stop-gap measures that have crippled the country's dilapidated electricity sector. […]
Iraq's Resurgent Paramilitaries
By Tamer Badawi, for the Carnegie Endowment for International Peace. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Resurgent Paramilitaries Paramilitary surrogates are popping up in Iraq with strong links to existing militant networks. The application Telegram has been crucial in fostering […]
Kataib Hezbollah "controls access points to key Iraqi Border City"
By Shelly Kittleson, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kataib Hezbollah controls access points to key Iraqi border city Iran-linked armed groups have over the past year tightened and consolidated their grip on a key border area between […]
HRW: "Flawed Trial of Journalists, Activists" in KRI
A court in the Kurdistan Region of Iraq sentenced three journalists and two activists to six years in prison on February 16, 2021, in deeply flawed proceedings, Human Rights Watch said on Thursday. The authorities continue to hold two other people despite a court ruling that there was insufficient evidence to try them. Human Rights […]