Tag Archives | Islamic State

Iraqi Tribes Become 'State within a State'

By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Equipped with various firearms, convoys of tribal members can be seen across Iraq, in defiance of the laws prohibiting the firing of guns into the air. This causes major economic losses, while the country […]

ISIS Targets ExxonMobil Site

By John Lee. Islamic State (IS, ISIS, ISIL) militants have attacked Peshmerga forces on the Khazir frontline, north of Mosul, with the aim of seizing equipment and machinery belonging to US oil company ExxonMobil. A Peshmerga commander told BasNews that the extremist group was forced back from the area, including the key villages of Wardik […]

Agreement to Support Displaced Iraqis in Kerbala

The International Organization for Migration (IOM) yesterday signed a Memorandum of Understanding (MoU) with Kerbala Governorate in Central Iraq to enhance cooperation on migration management and emergency response activities. IOM Iraq Chief of Mission Thomas Lothar Weiss, and the Governor of Kerbala, Aqeel Omran Al-Turahi, signed the MoU in a ceremony at the governorate administrative […]

Anbar Residents take Refuge in Ramadi

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Dozens of Iraqi refugees from the Bo-Nimir tribe, from the IS-controlled Anbar province, take shelter in makeshift homes in Ramadi, in northern Baghdad, as they wait for an opportunity to go back home:

Blessings in Disguise for Iraqi Stock Market

By John Lee. The continuing war against the Islamic State (IS, ISIS, ISIL), coupled with the decline in oil prices, have reportedly made Iraqi regulators and government more receptive to reforms that would strengthen the economy and the stock market, according to an article in UAE-based The National. Shwan Taha, head of Rabee Securities, has […]

Unpaid Oil Companies "Reconsider Investments"

By John Lee. Anadolu Agency reports that international oil companies (IOCs) operating in Iraqi Kurdistan are reconsidering their investments as they have not yet been paid by the Kurdistan Regional Government (KRG). Gulf Keystone Petroleum (GKP) recently suspended crude oil exports by truck from Iraqi Kurdistan, and was reported in November as saying that it […]

Video: Battling ISIL with Comedy and Art

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The armed group Islamic State of Iraq and the Levant (ISIL, ISIS, IS) has been running an ambitious propaganda campaign that includes social media and lots of recruitment videos tailored to different cultures […]

Czech to Send Tanks, APCs to Iraq

By John Lee. The Czech government has given the go-ahead to supply 100 military vehicles to Iraq, to support the ongoing fight against Islamic State (IS, ISIS, ISIL) militants. BasNews reports that the vehicles are reconditioned BVP-1 armoured personnel carriers (APCs) and T-72 tanks, to be supplied by a company called Excalibur Army. (Source: BasNews) […]

Jordan Deploys Troops to Iraqi Border

By John Lee. Jordanian government officials have told NBC News that Jordan has deployed "thousands" of troops at its border with Iraq. Speaking on condition of anonymity, they said the troops were sent to prevent the infiltration of ISIS fighters into Jordan, and as a show of force. "We are determined to wipe them [ISIS] […]

IS Destroys Kirkuk Railway

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 […]

PM Al-Abadi Receives German Ambassador

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 […]

US Devotes More Resources to Iraq

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 […]