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Iraqi Activists, Journalists Terrorized by Armed Groups

By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. On May 8, in al-Batawin area in central Baghdad, gunmen stormed into the apartment of civil activists who have been advocating for political reform for two years. The gunmen captured seven activists, mostly students, and […]

Religious Militias Push Back against Communist Revival

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. Last week’s kidnapping of seven activists in Baghdad could be another sign of increasing tensions between secular parties in Iraq and the country’s ruling religious groups. Is history repeating? Last […]

Inherent Resolve Strikes Target ISIS in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Wednesday, conducting 32 strikes consisting of 101 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]

Military Strikes Continue Against ISIS Terrorists

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Tuesday, conducting 29 strikes consisting of 87 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]

Atrush Production expected this Summer

By John Lee. Oil production at the Atrush block is expected to start "around late June to August", according to a report from Rudaw. The pipeline (pictured) from the oilfield, in Kurdistan's Duhok governorate, is reported to be nearing completion, with initial production expected to be about 30,000 bpd. The website of the Abu Dhabi National […]

NIC announces Investment Opportunity in Basra

By John Lee. Iraq's National Investment Commission (NIC) in coordination with the Political Prisoners Firm has announced the investment opportunity of operating Al-Khalidoon Medical Center in Basra province. Interested investors are invited to visit the Political Prisoners Firm HQ (Contracts Section) in Al-Jadiriha near the Double Decker Bridge in order to obtain the details profile […]

Agreen Group wins Contract at Baharka Camp

By John Lee. Agreen Group has won a tender to provide Prefabricated Shelter Units in Baharka 2 Camp – Zone A and B – Erbil Governorate. The contract, whose value has not been revealed, was awarded by the United Nations Office for Project Services (UNOPS). Agreen Group was founded in Erbil in 2005. (Source: UNGM)

Egypt Receives first Oil Shipment from Iraq

By John Lee. Egypt has reportedly received two million barrels of oil from Iraq today. The shipment was the first consignment from a deal reached between the countries in April, under which Iraq will supply 12 million barrels of oil annually to Egypt. (Source: Prensa Latina) (Pictured: Egyptian Petroleum Minister, Tareq al-Mulla)

Pell Frischmann completes Design of $700m Iraq Water System

By John Lee. UK-based engineering firm Pell Frischmann has reportedly completed the design of a $700-million water infrastructure rehabilitation project in Iraq. According to a report from TradeArabia, the Water Supply Sector Loan Project involves refurbishing aging facilities and building new infrastructure to support the public health of residents in the Ninewa, Anbar and Salah […]

Counter-ISIS Strikes Continue in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 28 strikes consisting of 91 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]

Crest Energy takes WesternZagros Private

By John Lee. WesternZagros Resources has announced that it has entered into a definitive agreement with Crest Energy International LLC and its wholly owned affiliate WZG Acquisition Ltd. ("Crest AcquireCo") to take the company private. Crest is an affiliate of Crest Investment Company, a Houston, Texas-based principal investment company. Under the deal, Crest AcquireCo will […]