By John Lee. The Iraqi parliament has reportedly banned Erbil-based Kar Group from operating oil fields in Kirkuk. According to Rudaw, it assigned the state-owned North Oil Company (NOC) to take over oil production in the province and export it through Iraq's State Oil Marketing Organisation (SOMO). Reuters reports that Kar Group had been operating some […]
EU strategy on Iraq: new proposal to strengthen support to the Iraqi people On Monday, the High Representative of the Union for Foreign Affairs and Security Policy and the European Commission adopted a Joint Communication proposing an EU strategy for Iraq in order to address the many challenges the country faces following the territorial defeat […]
By Salam Zidane for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has much to gain from gas-supply pact with Kuwait Kuwait will begin importing natural gas from neighboring Iraq this year, a development welcomed in Baghdad as it could improve Iraq's […]
Coalition and partnered forces are building upon progress in Iraq and Syria to defeat the Islamic State of Iraq and Syria, the director of press operations at the Pentagon told reporters here today. Recent developments include Iraqi forces securing more than 20 improvised explosive devices and bombmaking materials in Baghdad, Army Col. Rob Manning said. […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Satarem-Missan Refinery Scandalous Contract Gets Final Termination Notice The Iraqi Ministry of Oil (MoO) announced on 4th January 2018 that it had obliged Missan International Refinery Company (MIRC) (actually the bankrupt Swiss […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th Jan 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD802 (-1.1%) / $826 (-1.1%) (weekly change). The number of week traded shares was 1.4bn and the weekly […]
By John Lee. The State Company for Glass & Refractories Industry (SCG&R), part of the Ministry of Industry and Minerals, has announced an opportunity to invest in a pharmaceutical bottles plant. More details here. (Source: National Investment Commission)
By Hassan al-Shanoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Can Baghdad contain diseases in areas liberated from IS? An epidemic of skin diseases has plagued areas of Iraq that were under the control of the Islamic State (IS). Abdul Sattar Liwas, director of health in […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
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. A soil barrier built to protect Basra’s farms and oil fields from polluted water flushed out of Iran is leaking. It’s the latest in a long list of water woes […]
By John Lee. The State Company for Food Products, part of the Ministry of Industry and Minerals, has announced an opportunity to invest in sugar production in Missan province. More details here. (Source: National Investment Commission)
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria between Dec. 29, 2017, and yesterday, conducting 58 strikes consisting of 84 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported on Friday. Officials reported details of the most recent strikes, noting that assessments of results are based on […]
