Tag Archives | Heritage

UNDP publishes Iraqi Cook Book

United Through Food A country of diversity and culture, Iraq is home to many ethnic groups and religions. Home-cooked food is a one of life's staples that brings people together, and in Iraq, recipes are shared and passed down through generations. United Through Food is a comprehensive book delving into the history and food culture of […]

Cultural Heritage Predation in Iraq

By Mehiyar Kathem, Eleanor Robson and Lina G. Tahan, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Cultural heritage predation in Iraq Since 2003, Iraq's elites have appropriated the country's rich cultural heritage in the service of various undesirable agendas. These […]

Capacity Building for Reconstruction of Mosul's Cultural Heritage

UNESCO and ICCROM (The International Centre for the Study of the Preservation and Restoration of Cultural Property) sign an agreement on capacity building for the reconstruction of Mosul's cultural heritage. ICCROM, through its Regional Conservation Office in Sharjah (UAE), will provide a two-year capacity building programme for professionals and craftspeople to contribute to the reconstruction […]

Video: Iraq seeks to Rebuild its 'Destroyed' Heritage

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Rebuilding efforts in Iraq have been slow since the defeat of the Islamic State of Iraq in the Levant (ISIL, also known as ISIS) last year. But it is not just about reconstructing […]

Conservation of World Heritage site of Samarra

UNESCO and Iraq today signed an agreement for the Conservation and Management of the World Heritage site of Samarra Archaeological City, which will start with the restauration of the Great Mosque and Al-Malwiyah Minaret. The site has been on UNESCO’s List of World Heritage in Danger since 2007. The agreement was signed at UNESCO’s Headquarters […]

Hatra Added to List of World Heritage in Danger

The World Heritage site of Hatra has been inscribed on the List of World Heritage in Danger due to damage inflicted to the property by armed groups. During debates today, many World Heritage Committee members voiced concern about the state of Iraqi heritage following acts of intentional destruction. They also declared their willingness to help […]

Heritage Updates on Kurdistan Operations

Shares in Heritage Oil closed down 1.9 percent on Thursday, following the company's interim management statement. The companay gave the following update on its operations in Iraqi Kurdistan: Following the Initial Sale, HEME currently holds a 49% interest in the Miran Block and continues to act as operator. Miran West Initial work-over operations to prepare […]

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Heritage Oil Shares Jump on Sale to Genel

By John Lee. Shares in Heritage Oil closed up 12.3% on Tuesday following the announcement that it will sell part of its Miran Block in Kurdistan and borrow money from Genel Energy to raise $450 million to fund oilfield purchases in Nigeria. The comany will sell a 26 percent stake in the block to Genel and […]

Genel Energy Buys More Kurdish Assets

By John Lee. Genel Energy has increased its commitment to oil exploration in Iraqi Kurdistan with the announcement that it has agreed to acquire an additional 26 per cent interest in the Miran exploration block from Heritage Oil. The announcement comes just a day after the Kurdistan Regional Government's Oil and Gas Council approved the […]

A Good Month for Iraqi Oil Shares

By John Lee. Like good comedy, the secret of good investment is often said to be timing. Someone buying shares at the end of June in Heritage Oil, which has interests in Iraqi Kurdistan, may have had reason to be concerned if they planned to sell shortly afterwards, as the shares were suspended in early July […]

Heritage Oil Jumps 21% on Resumption of Share Trading

By John Lee. Shares in Heritage Oil closed the day up 21% at 148.80p on Tuesday, following the resumption of trading on the London Stock Exchange. Trading in the shares had been temporarily suspended on 2nd July pending publication of a prospectus relating to the company's proposed acquisition in Nigeria, which was issued yesterday. On […]