By John Lee. The United States is considering opening a network of new bases in Iraq, to help in the war against the Islamic State (IS, ISIS, ISIL). General Martin E Dempsey (pictured), chairman of the Joint Chiefs of Staff, outlined the plan just a day after the White House announced that up to 450 […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq has so far exhumed the remains of 597 people believed to have been executed by jihadists in the so-called Speicher massacre, the human rights minister said:
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 […]
Nina-iraq has been hacked. This is not a simple sabotage. In a hacking attempt similar to the one that saw data being stripped from the US government a few days ago the entire server of this leading, bilingual Iraqi magazine has been corrupted, bringing down many other sites also. Nina has been fending off constant […]
By John Lee. Reuters reports that Iraq has again reduced its oil production targets. Speaking at a conference in London, Falah Alamri, head of the State Oil Marketing Organization (SOMO), said Iraq now planned to produce 5.5-6.0 million bpd by 2020, down from the previously target of 8.4-9.0 million bpd. This would represent an increase […]
By John Lee. BasNews, citing an anonymous source, reports that one German and one American bank have expressed interest in lending to Erbil, if it proves its ability to repay the loan and interest. The KRG Parliament recently passed a bill allowing the government to borrow up to $5 billion (6 trillion iraqi dinars), at […]
US President Barack Obama has authorized Defense Secretary Ash Carter to provide a modest increase in additional U.S. personnel to be deployed to Iraq in a noncombat role, Defense Department officials announced today. Officials said Obama has authorized up to 450 additional U.S. personnel to deploy to Iraq to expand the U.S. advise-and-assist mission at […]
Construction has commenced for the Cristal Grand Erbil Hotel, the second hotel to be operated by the group in the Kurdistan city, and its third in Iraq. The five-star flagship property will feature 160 rooms and suites when it opens in 2017, as well as several restaurants, a gym, spa and business centre, according to […]
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. Tuesday and 8 a.m. Wednesday, local time, noting that assessments of results […]
By John Lee. Reuters reports that oil production at the West Qurna II oilfield is currently running at around 402,000 barrels per day. The news agency quotes Lukoil Overseas senior vice president, Gati Al-Jebouri (pictured), as telling at a conference in London that output is expected to rise to 420,000 bpd by the end of […]
Turkish-based storage tank company Ergil has completed a comprehensive engineering, design, material supply and fabrication project in Iraq. ROSCO (Rafidain Oil Services Co., part of the Jurmat Group Of Companies), the EPC contractor for the New Flow Tanks EPC Project, has awarded the company the engineering, design, material supply and fabrication of 33m dia & […]
Regus, the global workplace provider, has just announced the expansion of its global network to include Iraq, its 105th country. Its new centre in Erbil, Kurdistan, will support the activities of companies in the region, particularly in the fields of oil and gas, engineering and technology. Located in the prime commercial district of Erbil, close […]
