The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By Patrick Schmidt. The Baghdad local government has announced the opening of refugee camps in Al-Nahrawan for those who are fleeing the violence of the Islamic State (IS) in the north. The complex cost $4.3 million dollars and can house up to 1,000 families with facilities including schools, hospitals, shops, and recreational facilities. "The complex […]
By John Lee. Thousands of fighters from as many as 25 pro-government tribes have launched a coordinated offensive against ISIS fighters in the Western Iraqi province of al-Anbar. The leader of these "Sahwa" fighters, Sheikh Abdel Jabbar Abu Risha, announced that the offensive was not related to Maliki stepping down and had been planned for […]
By Patrick Schmidt. A Kurdish oil tanker has arrived at the Croatian port of Omisalj and is preparing to begin offloading its cargo in the coming days. This delivery represents a success for the Kurdish Regional Government (KRG) in finding a buyer for their crude following legal threats from Baghdad. These threats have previously deterred […]
By John Lee. Following on from France's move to rapidly supply Kurdish Peshmerga led forces with arms and equipment, Germany's Federal Ministry of Defence has pledged "non lethal aid" to the Iraqi army. Typically, non-lethal aid is sent when a matter is politically sensitive, or if a government has reservations about supplying one side in […]
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. A battle without a future, neither a victory nor an end can be seen in the darkness of the Iraqi tunnel, a war that adds to the collection of wars in the Middle East more […]
The following article features an interview with Mantid International CEO Ginger Cruz. Robert Tollast’s opinions expressed in the article do not necessarily represent the views of Mantid International, nor do the opinions expressed here necessarily reflect the views of Iraq Business News. The vast majority of Iraqis, Shi'a, Kurd and Sunni, are preparing themselves to […]
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. Thanks to Sunni Extremists, Baghdad sees Return of Shia Extremist Militias The Shiite Muslim extremist militia, known as the League of the Righteous, is taking an increasingly prominent role in […]
By John Lee. Arabian Business has published a revealing interview with Iraqi Stock Exchange (ISX) chief Taha Abdulsalam al-Rubaye, outlining the incredible challenges the stock exchange has faced since its creation from the old "Baghdad stock exchange" under Iraq's sanctions hit economy of the 1990s. Despite terrifying security challenges, the ISX success has been monumental, but […]
By John Lee. The Italian Industry Ministry has issued a letter to refineries and traders, warning of legal action that may be taken by Iraq's State Oil Marketing Company in the event of purchasing oil from the Kurdish region. At the time of writing, the cargo vessel United Leadership was moored in the Mediterranean, laden with […]
By John Lee. Michael Knights, a Fellow at the Washington Institute of Near East Policy, has spoken to the Anadolu news agency about problems and opportunities with Iraq's energy sector. In the piece, entitled Iraq Potentially Turkey's Biggest Energy Supplier, Knights discusses the lack of institutional and human capacity which has hindered some of Iraq's more ambitious […]
By John Lee. Al Shorfa has reported an announcement by the provincial governor of Baghdad Riyadh al-Adhadh that infrastructure projects worth 200 billion dinars ($172 million) will be launched shortly in the towns surrounding Baghdad. While the provincial governor announced the news, it is notable that Baghdad's controversial mayor Naim Abub al-Kaabi has come under fire in […]
By John Lee. Turkish energy minister Taner Yildiz (pictured) has hinted that his country will not sell oil from the port of Ceyhan until there has been an agreement between Baghdad and Erbil. Minister Yildiz noted that the Turkish Petroleum Refineries Corporation (TPAO) does not currently need to move the Iraqi oil in storage, although the […]
