Two brothers have pleaded guilty in the US to facilitating the payment of millions of dollars in bribes to officials in nine countries, including Iraq. Cyrus Ahsani, 51, and Saman Ahsani, 46, both of United Kingdom (UK), ran the Monaco-based oil and gas consultancy Unaoil. They are due to be sentenced on 20th April, 2020. […]
By Amnesty International. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq: Gruesome string of fatalities as new tear gas grenades pierce protesters’ skulls The Iraqi authorities must ensure anti-riot police and other security forces in Baghdad immediately stop using two previously unseen types of […]
The Euro-Mediterranean Human Rights Monitor said that the continuation of the European Union's implementation of the Partnership and Cooperation Agreement with Iraq in the light of the security services' continued use of lethal force against the escalating protests does not serve the goals and values of promoting human rights principles and spreading democracy in the […]
Iraq protests: UN calls for national talks to break ‘vicious cycle’ of violence Special Representative of the Secretary-General, Jeanine Hennis-Plasschaert, said she had gone to Tahrir Square to engage with the people, and listen to their concerns, as part of the UN’s continuous efforts to promote dialogue with the Government, as news reports suggest that […]
By John Lee. Shares in DNO ASA, the Norwegian oil and gas operator, were trading down 7.5 percent on Thursday morning, after the company reported a net loss for the third quarter. The company reported what it described as strong third quarter revenues of USD 227 million, up 33 percent from a year earlier, on […]
The secretary-general of the Iran-Iraq Joint Chamber of Commerce expressed confidence that recent unrest in the Arab country would not negatively affect the trade relations between the two neighbors. “Naturally, given the shortage of facilities in Iraq and the discontent that exists among its people, we occasionally see such unrest in the country,” Seyed Hamid […]
By Daniel J. Samet, for The Diplomat. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. China, Not Iran, Is the Power to Watch in Iraq Iran is all over Iraq, U.S. Middle East watchers warn. At his nomination for U.S. ambassador to Iraq this […]
Journalists injured and detained, broadcasters banned as protests resume in Iraq On Tuesday, the Committee to Protect Journalists (CPJ) condemned recent attacks on journalists and media outlets in Iraq, and urged authorities to ensure that journalists can cover the ongoing protests in the country safely and without obstruction. After a brief lull, anti-corruption and unemployment […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The United Nations opens a new section of a camp for the displaced in Iraqi Kurdistan to host refugees fleeing Turkish troops in northeast Syria. The offensive has killed dozens of civilians, mainly on […]
By Amnesty International. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Horrific scenes as security forces resort to lethal force to disperse Karbala protests Iraqi security forces resorted yet again to excessive and unlawful lethal force to disperse crowds of largely peaceful protesters in the […]
By John Lee. Baghdad International Fair, which was due to start on Friday, has reportedly been postponed for 10 days. It is now scheduled to run from 11th to 20th November. The postponement comes as protests continue to cause disruption in Baghdad and throughout the country. (Sources: various) (Picture credit: Mohammad Ali Huzam)
By John Lee. Asiacell Iraq has reported stable revenues of QAR 3.3 billion for the nine-month period, and a growing customer base, up 6% to 14 million customers at 9M 2019. In its results for the first nine months of 2019, the company said: "While EBITDA margin was strong at 45%, EBITDA was down 8% […]
