By John Lee. Iraq has signed a $500-million agreement with Swiss-Swedish ABB to implement energy transmission projects. Prime Minister Haider al-Abadi's office said on Sunday that the agreement was signed between the company and the government of Iraq for the Ministry of Electricity. (Source: Office of the Prime Minister)
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By John Lee. Reuters reports that four bombs caused damage and fire on Saturday near a minor pipeline that delivers crude oil from the Bai Hassan oilfield to a degassing station in Kirkuk. Sources at the state-run North Oil Company (NOC) told the news agency that pumping had already been halted at the time of […]
By John Lee. Saudi Arabia's foreign minister Adel al-Jubeir has met senior Iraqi officials in Baghdad, in the first such visit by a Saudi foreign minister since 1990. Last year, the Saudis appointed an ambassador in Iraq for the first time in a quarter of a century, but later demanded his removal after he made […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi forces battled jihadists in west Mosul Sunday, aiming to build a floating bridge across the Tigris to establish an important supply route linked to the recaptured east bank:
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 […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1092 (+1.9%) / $1112 (+2.7%) (weekly change) (+13.8% and +17.4% YTD change, respectively). The number of week traded […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, 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 Coalition military forces conducted 18 strikes consisting of 24 engagements […]
Iraqi forces, backed by coalition strikes, are making gains in efforts to liberate western Mosul from Islamic State of Iraq and Syria terrorists, Defense Department spokesman Navy Capt. Jeff Davis told reporters at the Pentagon on Friday. "The [Iraqis] have captured villages to the west of Mosul and they have penetrated the formal city limits […]
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq is working to regulate the activities of private security companies and rein in the chaotic circulation and use of weapons. On Feb. 21, a group of armed tribesmen […]
According to a report from Amnesty International, Iraqi government forces, paramilitary militias and the armed group Islamic State (IS) committed war crimes, other violations of international humanitarian law and gross human rights abuses in the internal armed conflict. IS fighters carried out execution-style killings targeting opponents and civilians fleeing IS-held territory, raped and otherwise tortured captives, […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Wednesday, 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 Coalition military forces conducted 24 strikes consisting of 32 […]
