The latest Mosul Business News – security, company news, oil refineries and more – brought to you by Iraq Business News
By Patrick M Schmidt. The Iraqi government has confirmed that ISIS militants, who maintain a foothold in northern Iraq, are taking advantage of the oil infrastructure they have captured during the previous month of battles with security forces. ISIS militants have made attempts to keep oil infrastructure intact and to keep petroleum industry employees on […]
After the reclusive leader of the Sunni Muslim extremist group that took over Mosul made an appearance at the city’s famous mosque, many of the extremists are boasting that Mosul is to be the capital of their new Islamic state. Evidence that they’re right comes in the form of “Islamic police” patrol cars taking locals […]
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. Inside IS’ Mosul: No Fuel, New Fashions and Banned Christian Water Workers It has been several weeks since Sunni Muslim extremists took over the northern Iraqi city of Mosul. Locals […]
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. Mosul’s Child Soldiers: Volunteers for Extremist Group as Young as 10 Much to the horror of the city’s adults, children and teens in masks, carrying guns, are becoming an increasingly […]
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. CNN's Arwa Damon reports on how Iraqis are living under ISIS control in Mosul:
By Mark DeWeaver. While it has long been assumed that ISIS gets most of its money from donors in the Gulf, recently declassified documents suggest otherwise. Researchers at the RAND Corporation found that donations actually accounted for less than 5% of the group’s funding during the period from 2005 to 2010. (See this article.) The […]
By Laith Hammoudi. This article was originally published by the Institute for War and Peace Reporting, iwpr.net, and it is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News “We used to care about one another. My neighbours […]
By Mark DeWeaver. Iraqi stocks held up surprisingly well for most of this week despite the dramatic loss of much of Northwestern Iraq to extremists. Even following the fall of Mosul on Tuesday, Rabee Securities’ RSISX index was down only 2.6% for the week by Wednesday’s close. And while the ISX index fell 3.3% on […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fighters from the Islamic State of Iraq and the Levant (ISIL, ISIS) have seized the northern part of Nineveh province, which includes Iraq's second largest city Mosul. Iraq's prime minister is asking parliament […]
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Today's audacious jihadist attack on Mosul by Al Qaeda affiliate ISIS must surely be a massive wake up call in Washington that Iraq needs urgent help. Hundreds of jihadists seized key government offices, […]
By John Lee. US-based engineering firm Devco has shipped $53 million worth of equipment to the Mishraq State Sulfur Mine in Mosul. This is the second major shipment from Devco’s $78.6 million order from the Iraqi Ministry of Industry. This contract, part of ongoing rehabilitation of the mine, is the largest contract awarded by Iraq’s […]
By John Lee. An agreement to build an oil refinery has reportedly been signed between Iraq's Mosul province and the Kurdistan Regional Government (KRG) on Monday. Governor Atheel al-Nujaifi (pictured) said: "This agreement will change Iraq's image, which is identified with war and incitement to war." (Source: Turkish Press)
