GardaWorld Weekly Security Report
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Genel Energy Production Rises; Shares Up
Shares in Genel Energy closed up nearly 7 percent on Friday after the company reported increased production in its operations update for the third quarter and first nine months of 2019. The information contained herein has not been audited and may be subject to further review. Bill Higgs (pictured), Chief Executive of Genel, said: "We […]
National Grids of Iran, Iraq "Synchronized"
Iran connected its national grid to Iraq on Friday in a bid to help the Arab country reduce its power outages. The power grids of Iran and Iraq were synchronized in a ceremony held on Friday with Iranian Energy Minister Reza Ardakanian and the Iraqi deputy minister of electricity. Earlier this year, the two countries […]
Video: Will Concessions be Enough for Protesters?
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Will concessions be enough for protesters in Iraq?
PM Agrees to Resign, if Alternative Found
By John Lee. Prime Minister Adel Abdul Mahdi agrees to resign, asking political blocs to agree on an acceptable alternative to prevent a constitutional void President Salih agrees to snap elections, following new electoral law Electoral Commission to be replaced with fully independent Commission by judges and legal experts The following announcement was made on […]
Unaoil Directors Plead Guilty in US
Two brothers have pleaded guilty in the US to facilitating the payment of millions of dollars in bribes to officials in nine countries, including Iraq. Cyrus Ahsani, 51, and Saman Ahsani, 46, both of United Kingdom (UK), ran the Monaco-based oil and gas consultancy Unaoil. They are due to be sentenced on 20th April, 2020. […]
Amnesty: Gruesome Fatalities from new Tear Gas Grenades
By Amnesty International. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq: Gruesome string of fatalities as new tear gas grenades pierce protesters’ skulls The Iraqi authorities must ensure anti-riot police and other security forces in Baghdad immediately stop using two previously unseen types of […]
Euro-Med calls to Suspend EU-Iraq Partnership
The Euro-Mediterranean Human Rights Monitor said that the continuation of the European Union's implementation of the Partnership and Cooperation Agreement with Iraq in the light of the security services' continued use of lethal force against the escalating protests does not serve the goals and values of promoting human rights principles and spreading democracy in the […]
UN calls for Talks to Break Cycle of Violence
Iraq protests: UN calls for national talks to break ‘vicious cycle’ of violence Special Representative of the Secretary-General, Jeanine Hennis-Plasschaert, said she had gone to Tahrir Square to engage with the people, and listen to their concerns, as part of the UN’s continuous efforts to promote dialogue with the Government, as news reports suggest that […]
DNO Shares Down 7.5%
By John Lee. Shares in DNO ASA, the Norwegian oil and gas operator, were trading down 7.5 percent on Thursday morning, after the company reported a net loss for the third quarter. The company reported what it described as strong third quarter revenues of USD 227 million, up 33 percent from a year earlier, on […]
Unrest in Iraq Not to Affect Trade with Iran
The secretary-general of the Iran-Iraq Joint Chamber of Commerce expressed confidence that recent unrest in the Arab country would not negatively affect the trade relations between the two neighbors. “Naturally, given the shortage of facilities in Iraq and the discontent that exists among its people, we occasionally see such unrest in the country,” Seyed Hamid […]
China, Not Iran, Is the Power to Watch in Iraq
By Daniel J. Samet, for The Diplomat. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. China, Not Iran, Is the Power to Watch in Iraq Iran is all over Iraq, U.S. Middle East watchers warn. At his nomination for U.S. ambassador to Iraq this […]