U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Sunday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Fighter, attack, bomber, […]
Since May, the Islamic State of Iraq and the Levant has steadily lost ground to Iraqi security forces and Syrian Democratic Forces, the spokesman for Operation Inherent Resolve said on Wednesday. Briefing the Pentagon press corps via video conference from Baghdad, Army Col. Steve Warren offered battlefield updates and a status report on coalition efforts. […]
By John Lee. Washington DC-based communications consultancy BGR Government Affairs LLC has reported that it has been actively lobbying in the United States on behalf of the Kurdistan Regional Government (KRG). In a statement made pursuant to the US’s Foreign Agents Registration Act (FARA), the company also confirmed that it had billed the KRG $150,000 for […]
The US State Department has approved a possible Foreign Military Sale to Iraq of Hellfire missiles and Captive Air Training Missiles, related equipment and support. The estimated cost is $800 million. The Government of Iraq has requested a possible sale of five thousand (5,000) AGM-114K/N/R Hellfire missiles; Ten (10) 114K M36E9 Captive Air Training Missiles; […]
By John Lee. Iraq has this week established the Dhi Qar Oil Company (DQOC), which will take over responsibility for the Nassiriya and Garraf oil fields. The South Oil Company (SOC) has been renamed the Basra Oil Company (BOC), following the transfer of the Dhi Qar assets to the new company. (Source: Reuters)
By John Lee. Iraq’s Ministry of Migration and Displacement has nominated a Kurdish Yazidi woman for the Nobel Peace Prize. Nadia Murad, aged 21, escaped from the Islamic State group (IS, ISIS, ISIL, Daesh) having being taken into sex slavery by the jihadist group. Since gaining freedom, she has addressed the United Nations Security Council […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Fighter, attack, and bomber […]
The World Bank expects the Iraqi economy to grow 3.1 percent in 2016, according its flagship "Global Economic Prospects" report released yesterday. This follows an estimated growth of 0.5 percent last year, driven by increased oil production. Growth rates of 7.1 percent and 6.5 percent are predicted for 2017 and 2018 respectively. These figures are […]
By John Lee. The Iraqi Oil Ministry has said it exported 1.097 billion barrels of oil in 2015, generating revenues of $49.079 billion at an average price of $44.74 per barrel. Bloomberg reports that it sold 99.7 million barrels of oil in December, generating $2.973 billion. (Source: Bloomberg) (Oil image via Shutterstock)
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 […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The year 2015 saw the liberation of several areas of Salahuddin (Tikrit) and Anbar (Ramadi - pictured) provinces from the grasp of the Islamic State with operations toward that end ongoing. Yet, to date […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Wednesday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Near Raqqah, fighter […]
