Tag Archives | Iran

The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News

Influx of Iranian Sex Workers into KRI

By John Lee. Three taxi drivers have reportedly been arrested on charges of transporting a group of Iranian prostitutes into Iraqi Kurdistan. Security forces told BasNews that they arrested the drivers at the Haji Omaran border crossing (pictured), between the Kurdistan Region and Iran. The women are said to be Iranian and Kurdish Iranian. (Source: […]

Weekly Security Update, 18 – 24 November 2014

Following Prime Minister Haider al-Abadi’s decision to reshuffle senior security commanders, Deputy Interior Minister Adnan al-Asadi, an ally of former PM Nouri al-Maliki, was removed from his position. Since assuming office, Abadi has been seeking to clear key government positions from Maliki’s influence, which is effectively strengthening the Iranian-backed Badr Organisation and one of its […]

Iranian-Built Power Plant Opens

By John Lee. Iraq has inaugurated a 162-MW power station designed and built by Iran's MAPNA Group in the Heidarieh [Haidariya] district, some 25 km north of Najaf. Iran's PressTV reports that the opening ceremony on Thursday was attended by the Iranian and Iraqi energy ministers. According to the report, Iran's Energy Minister, Hamid Chitchian, […]

Weekly Security Update, 04 – 10 November 2014

The fate of Abu Bakr al-Baghdadi, who may have been targeted in airstrikes conducted against an ISIS convoy in Mosul and a gathering of militants in the border town of al-Qaim in Anbar is unlikely to have dramatic effects on security dynamics in Iraq. If these reports were confirmed however, ISIS could decide to launch […]

Weekly Security Update, 21 – 27 October 2014

By Anne-Laure Barbosa at Edinburgh International On 25 October, Prime Minister Haider al-Abadi visited the newly-liberated town of Jurf al-Sakhar, south of Baghdad, taking advantage of a rare opportunity to consolidate the legitimacy of the Iraqi government in their fight against ISIS. These fresh territorial gains, which also include parts of Nineveh and Kirkuk, followed sustained […]

Iraq Seeks to Increase Electricity Imports

By John Lee. Iraq's new Minister of Electricity, Qasim Mohammad Abid Hammadi al-Fahadawi [Qassim al-Fahdawi] (pictured), is to travel to Iran on Tuesday to hold talks on electricity imports. At a meeting with his Iranian counterpart, Hamid Chitchian, the Minister will also discuss the expansion of economic ties between Tehran and Baghdad. In 2013, the […]

Peshmerga: Iran set Ambushes for us

By Vager Saadullah for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iranian Peshmerga Chief: Iran set Ambushes for us The head of the Iranian peshmerga said his forces acted in self-defense during rare clashes with Iranian forces on Sept. 13, which resulted in deaths on […]

IKCO to Double Vehicle Output

By John Lee. Iran Khodro (IKCO) has reportedly announced its intention to increase production at its Iraq plant from 50 cars a day to 100. The plant, in the central Iraqi city of Iskandariya, is IKCO’s largest car plant outside Iran. According to a report from Just Auto, a drop in transportation fees and a […]

Iran to Fully Tap Joint Oilfields

By John Lee. Iran’s oil minister, Bijan Namdar Zanganeh (pictured), has said that Iran is actively working in all the oil fields it shares with Iraq, and will extract its entire share of oil in these joint fields. The was speaking during a visit to Cheshme Khosh Oil Company in Dehloran, near the Iraqi border. […]

New US Airbase 'No Threat To Iran’

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. Spokesman For Iraqi Kurdish Govt: ‘New US Airbase in Erbil No Threat To Iran’ NIQASH interviewed Safeen Dizayee, the spokesperson for the government of semi-autonomous Iraqi Kurdistan. During a candid […]

Who Buys Islamic State’s Illegal Oil?

By John Lee. A report by Chris Dalby of Oilprice.com finds that the 11 oil fields that IS controls in Iraq and Syria have made it a largely independent financial machine. Its fields in Iraq alone are thought to produce between 25,000 and 40,000 barrels of oil per day, earning it an estimated $1.2 million [1.4 […]