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Coalition Airstrikes Hit ISIL 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 today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrike in Syria A remotely piloted aircraft […]

September Oil Exports Down

By John Lee. Iraq’s oil exports for September fell to an average of 3.052 million barrels per day (bpd), down from 3.078 million bpd in August, according to a report from Reuters. Of this quantity, 3.03 million bpd were from the southern ports, with only 22,000 bpd from the north of the country via the […]

GKP Shaikan Reserves Increase

Gulf Keystone Petroleum (GKP) announced on Thursday the release of an updated independent third-party audit of the Company’s Reserves, Contingent Resources and Prospective Resources for its oil & gas interests in the Kurdistan Region of Iraq, including the Shaikan and Sheikh Adi fields operated by Gulf Keystone. Today’s updated Competent Person’s Report (“CPR”) was again […]

Jaafari Meets VP of World Bank

By John Lee. On the sidelines of UN General Assembly meetings, foreign affairs minister Dr. Ibrahim Al-Jaafari met Vice President of World Bank for Middle East and North Africa, Mr. Hafez Ghanem. They discussed the World Bank work mechanism and the support that the bank can contribute to reduce the crisis of decline in oil […]

Passenger Cars Allowed to Transit Green Zone

Security Message to U.S. Citizens The Iraqi government has announced that beginning October 1, 2015, passenger cars will be allowed to transit the International Zone (IZ) in Baghdad from north to south via the 14 July Expressway and a new entry control point will be put in place at the northern end of this expressway. […]

Video: Remaining Turkish Hostages in Freed

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Sixteen Turkish workers who had been kidnapped in Iraq nearly a month ago were freed on Wednesday and are in good health, Turkish officials said:

Airstrikes Hit ISIL Terrorists in Syria, Iraq

On Tuesday, U.S. and coalition military forces 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. Airstrikes in Syria Remotely piloted, bomber, […]

Egypt Finalises Farm-in at Block 9

By John Lee. Egypt has finalised a farm-in at Iraq’s Block 9 area in Basra province on Wednesday. Under the agreement, Kuwait Energy (KEC) will give up 10 percent of the concession, leaving it with a 60 percent share. According to a report from Reuters, this is the first time that the state-owned Egyptian General Petroleum […]

UNHCR Opens Two New Camps

The UN refugee agency, its partners and local authorities have opened two new camps for internally displaced persons (IDPs) in Baghdad province, providing shelter to close to 3,500 Iraqis who have had to flee Anbar province due to recent fighting. Sadr Al Yusufiya camp (pictured) opened on Tuesday (September 22), six kilometres from Bzeibiz bridge, […]

Iran, Iraq Foreign Ministers Meet

On the sideline of the UN General Assembly meetings, Iraqi foreign affairs minister Dr. Al-Jaafari met his Iranian counterpart, Mr. Mohammed Javad Zarif. During the meeting, they discussed the bilateral relations and horizons to promote them in the interest of the two neighbouring countries; in addition to, discussing the political and security situations in the […]

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PR Firm to support Iraqi Sunni Community

By John Lee. Washington DC-based communications consultancy Glover Park Group has reported that it has been engaged to work in the United States on behalf of the Iraqi Sunni community. In a statement made pursuant to the US’s Foreign Agents Registration Act (FARA), Managing Director Joel Johnson (pictured) said that the company is acting on […]