Military Strikes Continue Against ISIS Terrorists
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Monday, conducting 11 strikes consisting of 15 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
IBBC Autumn Conference 2017: ‘Together We Build Iraq’
IBBC Autumn Conference 2017: ‘Together We Build Iraq’ 12 November 2017, The Address Dubai Marina, Dubai The Iraq Britain Business Council (IBBC) is pleased to invite you to the IBBC Autumn Conference at The Address Hotel Dubai Marina, United Arab Emirates, on Sunday 12 November 2017. This years’ event follows IBBC’s successful inaugural conference of 2016 held in […]
PM Pushes for Budget Cuts
By John Lee. Prime Minister Dr. Haider Al-Abadi has chaired a meeting to review the draft general budget for 2018. At the meeting, which was attended by a number of senior officials from the Ministry of Finance, he stressed the importance of reducing operating expenses to ensure that salaries, pensions and social protection benefits can […]
Govt demands Asiacell & Korek Relocate to Baghdad
By John Lee. Mobile phone operators based in Iraqi Kurdistan have reportedly been told by the Iraqi government to move their headquarters to Baghdad, following the region’s recent vote for independence. Asiacell is based in the Kurdish city of Sulaymaniyah, while Korek is based in Erbil; Zain, however, is based in Baghdad. According to a […]
Iran sees Challenge of Kurdish Referendum as Opportunity
By Ali Hashem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Up until the last day before the Sept. 25 Kurdish independence referendum, Iran was still dealing with the event with a sense of disbelief and with the misconception that it would be called […]
Details of Latest Strikes Against ISIS
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria over the previous two days, conducting 95 strikes consisting of 109 engagements Oct. 7 and yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. A Navy F/A-18E Super Hornet receives fuel from an Air Force 340th Expeditionary Air […]
The Geopolitics of Energy, and Impacts on Iraq's Petroleum Sector
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. This is a summary of a PowerPoint presentation prepared for and to be delivered before the international “8th Turkey Energy Summit Congress”, held at Antalya, Turkey, 10-11 October 2017. The presentation was […]
Petrofac in Kurdistan Deal with Gazprom Neft
Petrofac has secured a three-year master services agreement (MSA) to support Gazprom Neft Middle East B.V. with the provision of engineering services on a call-off basis for the Garmian field in the Kurdistan region of Iraq. The MSA was secured following a competitive tendering process and augments Petrofac’s extensive footprint in Iraq, where it has […]
Chevron, Total interested in Majnoon oilfield
By John Lee. Iraqi Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has reportedly said that Chevron and Total have expressed interest in developing the Majnoon oilfield. Oil giant Shell is trying to sell its stake in the field following a failure to reach agreement with Iraq’s Ministry of Oil. Reuters quotes the Minister as […]
Iraq asks Turkey and Iran to Close Borders with Kurdistan
Iraq has sent an official request to both Turkey and Iran to close all border posts with the Kurdistan Region until the latter hands them over to the federal government in Baghdad. “The Foreign Ministry submitted an official memorandum to the embassies of Turkey and Iran in Baghdad a week ago that included a formal […]
Stabilization in Mosul: 300 Projects Underway
Stabilization in Mosul: 300 projects underway and 10,000 people put to work Three years of ISIL occupation and fierce fighting to retake the Mosul caused widespread destruction. In 10 months, nearly one million Iraqis fled the city. 700,000 are still displaced. Mosul is one of the largest stabilization challenges the people of Iraq and the […]
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 […]