U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported on Tuesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, and […]
By John Lee. General Electric (GE) has signed a "strategic framework agreement" with Iraq's Oil Ministry on Sunday. The projects are planned to generate more than 400 megawatts of power for oil installations by summer. Other initiatives are to maintain existing generating infrastructure and reduce gas flaring from oil fields. The ministry did not specify […]
By John Lee. Zain Group has said that continued social unrest in Iraq, coupled with heightened levels of price competition and implementation of a new 20 percent sales tax on mobile services, as well as wide-ranging tax increases on other sectors in Iraq, have hit spending on mobile services. The company said that this has […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st Apr 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD798 (-2.1%) / $797 (-2.5%) (weekly change) (-26.8% and -30.4% YTD change, respectively). The number of week traded […]
Due to the circumstances experienced by the brotherly Iraqi people and the blockade from which many Iraqi cities are suffering, HH the Emir Sheikh Tamim bin Hamad Al-Thani has instructed the provision of with $ 10 million to the brotherly Iraqi people. The Foreign Ministry stressed, in a statement issued on Sunday, that the humanitarian […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported on Sunday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack aircraft conducted four […]
By John Lee. According to a report from BBC, Iraqi gangs are offering up to $10,000 for a kidney, and have been increasingly targeted the country's poor. Almost a quarter of the country’s population live in abject poverty, and some destitute families are actively seeking out organ traders. Firas al-Bayati, a human rights lawyer, said: […]
By Simon Kent. Iraq's Deputy Oil Minister Fayadh Nema, who is currently acting Oil Minister until Abadi's new cabinet is finalized, has recently announced a trip to Tehran to discuss cross border oil fields. Once a controversial topic between Tehran and Baghdad, Iraq's many cross border oil fields are now back on the agenda as sanctions […]
By Simon Kent. Iraqi officials in Iraq's western province of Anbar have discovered a mass grave near the provincial capital of Ramadi. The town was cleared of ISIS fighters in January, and ISIS prisoners led officials to the burial site, which contains 40 bodies, 6 of whom have been identified. Although Ramadi is a predominantly […]
By Simon Kent RSK Group have recently won the Queen’s Award for Enterprise in International Trade, widely seen as the most prestigious award for UK enterprise. Key to the award was their environmental work cleaning up the vast oilfields at Rumaila and Majnoon. But according to RSK Group, this was an opportunity they seized in […]
By Simon Kent. Finland is set to increase its training and assistance mission to Iraqi Kurdish Peshmerga forces, sending an extra 50 commandos to help the Kurds counter improvised explosive devices and other ISIS tactics. The move came amid some debate in the Finnish parliament, but MPs' concerns were assuaged by the fact that the […]
By Simon Kent. One of the problems the so called Islamic State have encountered recently is the transition from being a terrorist group to a terrorist army. Of course, an army has far more targets to hit from the air and ISIS continually discover this the hard way. According to the most recent statement from […]
