By Ali Mamouri, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In June, Saudi Arabia announced that it would reopen its embassy in Baghdad after a 25-year rift. Iraqi officials, including President Fuad Masum, had visited Riyadh on Nov. 12, 2014, paving the way for […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is offering to mediate between Saudi Arabia and Iran to end their dispute, which began when Riyadh executed a prominent Shia cleric. This, along with Tehran's alleged failure to protect Saudi Arabian […]
Iraq’s youngest airline, FlyBaghdad, is in talks to start flying to Dubai and plans to launch European routes in early 2016, according to a report from Gulf News. The airline’s Regional Commercial Manager, Mohammad Abdali, told the news agency that the Iraqi-owned airline started domestic flights to Erbil, Sulaymaniyah, Najaf and Basra from its hub […]
By John Lee. Bahraini businesses are investing heavily in Iraq, according to a report from Gulf Daily News (GDN). The country's Ambassador to Iraq, Salah Al Malki [Salah Hassan Al-Maliki] (pictured), told GDN: "In recent years, due to an influx of pilgrims going to Iraq, we have seen a surge in the number of Bahraini […]
By John Lee. The Bank of Bahrain and Kuwait (BBK) has announced plans to open a branch in Kurdistan this year. Abdul-Karim Bujeery, CEO of the bank, said: "The expansion in Kurdistan Region will be the next step to the bank , if the study of market [leads] to positive results." The bank hsa appointed […]
By John Lee. Bahrain’s state-owned carrier, Gulf Air, has resumed flights to Najaf after a gap of more than a year, according to Bloomberg. The carrier plans to operate four weekly flights to the city. A report from AFP that Najaf decided to ban Gulf Air planes from landing, as a sign of “solidarity with […]
By John Lee. Gulf Air plans to restart flights to Iraq and Iran on 20th September after a break of 17 months. The airline, based in Sunni-ruled Bahrain, halted service to the Shiite-led countries at the height of anti-government unrest last year, during which at least 50 people were reported to have been killed. It said […]
Businessweek reports that an influential Bahraini business group has decided to freeze ties with Iran, Iraq and Lebanon in response to what it claims is foreign meddling during Shiite-led protests in the Gulf kingdom. According to the report, the move by the Bahrain Chamber of Commerce and Industry is likely to ratchet up tensions between […]
Crisis management When it was announced that the Arab League summit would take place in Baghdad, many leaders expressed concerns for the safety of the event. Now, several months later, the tables have turned in the Middle East, and some of those leaders are facing a much more hazardous situation at home. It has been […]
Overview Last week was one of the most violent in Iraq for several months. Over 120 people were killed and several hundred injured in a spate of suicide attacks. The total number of attacks reported did not significantly increase, but with at least seven of the attacks involving suicide bombers in very crowded areas it […]
The Iraqi Minister for Construction and Housing, Bayan Dzehyi [Bayan Dezei], received the Bahraini ambassador to Baghdad, Salah Ali Al Maliki, to discuss cooperation in the construction sector. An official source at the ministry said that the minister discussed with the Bahraini ambassador, means of mutual cooperation in the implementation of projects or partnerships with […]
A delegation from Bahraini investment companies met with the chairman of Basra Council on Thursday to discuss investment in the energy sector in the southern city, according to a report from Aswat al-Iraq. “Chairman of the Basra council Jabar Amin Jaber received on Thursday a delegation representing Bahraini investment companies in the energy sector,” said […]
