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Video: Anti-ISIL Protesters 'Arrested' in Anbar

From Iran's PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. ISIL terrorists in Iraq have arrested some 200 protesters opposed to the terrorist group in Anbar province. The Speaker of Anbar Provincial Council says the arrests were made in the western city of […]

FBI Warns on Iraq Antiquities Trafficking

The FBI is alerting art collectors and dealers to be particularly careful trading Near Eastern antiquities, warning that artifacts plundered by terrorist organizations such as ISIL are entering the marketplace. “We now have credible reports that U.S. persons have been offered cultural property that appears to have been removed from Syria and Iraq recently,” said […]

To Veil or not to Veil: Iraqi Women Face Scrutiny

By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. To veil or not to veil: Iraqi women face scrutiny over their choices The Najaf Nationality Directorate, south of Baghdad, refused to grant a travel permit to civil activist and Iraqi citizen Intisar Alyawi […]

LukOil gets $1.5bn from West Qurna in 1H

By John Lee. In its latest Half Yearly Report, Russia's Lukoil reports that in the first half of 2015, the Group accrued revenue from the West Qurna-2 project in the total amount of $1,535 million, consisting of cost recovery of $1,475 million and remuneration fee of $60 million, compared to the revenue of $1,179 million […]

Bomber Targets Kirkuk Oil Company

By John Lee. A suicide bomber has killed a police officer and an employee of the Kirkuk Oil Company (KOC), and wounded four others, according to a report from Shafaaq. The attack happened on the main road between Kirkuk and Debes. Kirkuk Provincial Council recently changed the name of North Oil Company (NOC) to Kirkuk […]

Democratic Process More Secure Than Ever?

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. After The Protests: Iraq's Democratic Process is More Secure Than Ever? As flawed as it is, as damaged by corruption, cronyism and security problems as it is, some locals believe […]

KRG Approves Payment to IOCs

Further to the Ministry of Natural Resources communiqué of August 3, 2015 regarding payments to the exporting international oil companies (IOCs) in the Kurdistan Region, the Kurdistan Regional Government has confirmed that the Kurdistan Regional Council for Oil & Gas Affairs expects the first tranche of regular payments to be made available to the exporting […]

Abadi to Open Green Zone to Public

By John Lee. Prime Minister Haider al-Abadi (pictured) has ordered security forces to prepare to open Baghdad's Green Zone to the public. The heavily fortified area, a virtual 'city within a city', is home to many embassies, including that of the United States. Al-Abadi has also ordered officials to re-open streets in other cities that […]

Corruption Inside Out: Misjudgment of the Iraqi People

By Dr Layth Mahdi. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Prior to 2003 Iraq was a proud civilization that did not lack in nationalism. A country with roots that stemmed from “Sumer, Akkad, Babylon, Assyria and Chaldeans”. They introduced the world to […]

Airstrikes Target ISIL Terrorists in Syria, Iraq

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. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Bomber and remotely piloted aircraft […]

GKP Shares Rally

Shares in Gulf Keystone Petroleum (GKP) were trading up 12 percent on Thursday following the announcement of its results for the six months ended 30 June 2015. Operational highlights Security situation and HSE performance All operations in the Kurdistan Region of Iraq remain safe and secure with no significant HSE incidents during the period Shaikan […]

Investment Opportunity in New Baghdad Power Plant

By John Lee. Iraq's Ministry of Electricity has invited investment in a new power station at al-Yusufiyah, in Baghdad. The contract for the 1200-1400 MW plant will be granted on a build, own and operate basis. Further details are available from the Ministry of Electricity: [email protected] (Source: National Investment Commission) (Electricity image via Shutterstock)