By John Lee. The Iraqi Federal Government is reportedly looking to purchase helicopters and military equipment, including de-mining devices, from the UK. The Minister of Interior, Mohammed al-Ghabban, met with the British Ambassador to Iraq, Frank Baker, to discuss the security situation in the country and the latest developments in the fight against the Islamic […]
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, which took place approximately between 8 a.m. Saturday and 8 a.m. Sunday, local time, noting that assessments of […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. With wooden crosses around their necks and others tattooed on their arms, several dozen Iraqi Christians are training to recapture their homes overrun by the Islamic State jihadist group.
By John Lee. The World Bank had reportedly agreed to lend Iraq $1.7 billion (2.0 trillion Iraqi dinars) to help meet its budget deficit. $1 billion of the amount will be a Development Policy Loan (DPL), with a further $350 million allocated to reconstruction and restoring stability to areas liberated from the Islamic State (IS, […]
By John Lee. The Kurdistan Region of Iraq has slashed its transfers of oil to the State Oil Marketing Organization (SOMO). According to the monthly report issued by the KRG's Ministry of Natural Resources, the region supplied SOMO in Ceyhan with 149,778 barrels per day (bpd) in June, a drop of almost two thirds from […]
The World Heritage site of Hatra has been inscribed on the List of World Heritage in Danger due to damage inflicted to the property by armed groups. During debates today, many World Heritage Committee members voiced concern about the state of Iraqi heritage following acts of intentional destruction. They also declared their willingness to help […]
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi Military Industry Commission (MIC) has a tragic story. Iraq developed its local military industry during the Iran-Iraq War, but in 1991, the international coalition — which was established in 1990 […]
By Mohammed al-Zaidi. 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. The Mysterious Fires of Wasit: Arson Being Used to De-Stabilize Iraqi Farms? A recent rash of farmland fires in Wasit province has seen accusations go flying. Is […]
By John Lee. Gulf Keystone Petroleum (GKP) has announced that three of the company's Non-Executive Directors are to quit their positions. V Uthaya Kumar has resigned from the Board on 2 July 2015, while Dr. Joseph Stanislaw and Maria Darby-Walker have decided to not seek re-appointment and will retire from the Board on the day […]
By John Lee. SOS International (SOSi) of, Reston, Virginia, has been awarded a $100-million firm-fixed-price incrementally funded contract with options for base life support, Camp Taji, Iraq. Work will be performed in Iraq with an estimated completion date of June 30, 2018. One bid was solicited with one received. The company has previously been involved […]
The Kurdistan Regional Government has published its Monthly Export Report for June 2015. The Kurdistan Regional Government (KRG) exported 17,130,639 barrels of crude oil (an average of 571,021 barrels per day (bpd)) in the month of June through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by […]
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, which took place between 8 a.m. Wednesday and 8 a.m. Thursday, local time, noting that assessments of results […]
