By John Lee. Militants from the Islamic State (IS, ISIS, ISIL) have bombed the Kirkuk railway on Saturday evening, in an attempt to prevent Peshmerga forces from attacking the area. A Peshmerga source in the area told BasNews that the jihadists laid waste to a section of the railway near Maktab Khalid, and blew up […]
By John Lee. Prime Minister Dr. Haider Al-Abadi received the German Ambassador in Baghdad, Mr. Ekkehard Brose, at his office on Wednesday. The meeting discussed means of promoting bilateral relations especially security, training and armament cooperation in addition to the economic, trade and investment fields. H.E. mentioned that Iraq is looking forward to a promising […]
By Patrick Schmidt. The United States military has repositioned and deployed additional military resources to Iraq in the wake of two major events. The brutal murder of a Jordanian fighter pilot by the Islamic State (IS, ISIS, ISIL) has sent another shock through the international community. As a result, the United Arab Emirates has withdrawn […]
By Patrick Schmidt. The United States Department of Defense announced this week that the Islamic State (IS, ISIS, ISIL) no longer receives the majority of income from oil sales. Officials now believe that the group is funded mainly through private donations as well as black market sales. Additional pressure has mounted against the Islamic State […]
The head of the United Nations Educational, Scientific and Cultural Organization (UNESCO) voiced alarm today over the reported destruction of thousands of books in museums, libraries and universities across Mosul – the northern Iraq city currently controlled by the Islamic State of Iraq and the Levant (ISIL). According to the UN agency, the books – […]
By John Lee. The Islamic State (IS, ISIS, ISIL) is reported to be exports 100 tankers of crude oil every day from the Hamrin oil fields in southern Kirkuk. The US has previously warned that IS is using oil as a major source of funds. An Iraqi army officer, who declined to be identified, told […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The militant activities of the Islamic State (IS) and its counterparts have contributed to the rise of moderate Islam in the Islamic world. The fact is that it is Muslims, of all sects, who have […]
Kurdistan Regional Government’s Prime Minister, Nechirvan Barzani, yesterday in Erbil received the Austrian Foreign Minister, Sebastian Kurz and his accompanying delegation, which included the Chairman of the Foreign Relations Committee of the European Parliament, the Austrian Ambassador to Iraq and a number of senior officials from the Austrian Foreign Ministry, as well as Iraq’s Ambassador […]
By John Lee. Production at the Khabbaz oilfield, 20 km southwest of Kirkuk, remained suspended on Monday following severe damage during a weekend attack by Islamic State (IS, ISIS, ISIL) insurgents. Oil Minister Dr. Adel Abdul Mahdi [Adel Abdel Mehdi] (pictured) said there is severe damage to the field, which was recaptured by Kurdish forces on […]
By John Lee. In its full-year results announced on Sunday, Zain Group CEO Scott Gegenheimer (pictured) said the escalation of political instability in Iraq in 2014 saw several million people displaced internally coupled with Zain Iraq enduring frequent temporary network interruptions and associated higher network operational costs: "These exceptional circumstances adversely affected the operation’s financial […]
By John Lee. The Iraqi Ministry of Defence has taken delivery of another consignment of Russian Mi-28NE attack helicopters. The shipment is part of a deal agreed in 2012, and reported to involve 28 Mi-35M and 15 Mi-28NE helicopters. IHS Jane's 360 reports that helicopters from the previous consignments have been seen flying over Baghdad, […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In northern Iraq, Shia militias are being accused of preventing Sunnis from returning to their homes once areas are cleared from ISIL fighters. Kurd and Shia commanders are denying the allegations. Al Jazeera's […]
