By John Lee. Al Jazeera reports that Saudi Arabia has unveiled a 900-km multi-layered fence along its border with Iraq. The project, which includes five layers of fencing equipped with watch towers, night-vision cameras and 50 radars is aimed at cutting the "number of infiltrators, drug, arms and cattle smugglers to zero". In 2009, Riyadh […]
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. After the occupation of the Iraqi town of Mosul by armed groups, including the Islamic State (IS) and the Baath Party — banned by the Iraqi Constitution — prices of food increased significantly, a result […]
By John Lee. The Provincial Council of Najaf has reportedly decided to boycott Saudi Arabian merchandise because of what it describes as Riyadh's support for sectarian and terrorist groups fighting in Iraq. The Media Director of Najaf's Provincial Council told AIN: "The merchants who will violate this decision will be punished after the period given […]
By Padraig O'Hannelly. Earlier this week, King Abdullah bin Abdulaziz Al Saud pledged $500 million of humanitarian aid from Saudi Arabia to the Iraqi people, to be administered by the United Nations. This could be a very significant move, given that relations between Iraq and its powerful and wealthy neighbour have been strained for many […]
By John Lee. An official source at the Saudi Arabian Ministry of Foreign Affairs has said that King Abdullah bin Abdulaziz Al Saud has ordered $500 million of humanitarian aid for Iraqi people affected by the recent tragic events, including displaced people, regardless of their religious, doctrinal or ethnic affiliations. The United Nations Secretary General […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fear of getting caught up in violence and difficulty getting visas to Iraq are affecting businesses in Jordan.
By John Lee. Saudi citizens caught traveling to Iraq will face a fine of SR10,000 ($2,700) and a three-year travel ban, according to a report from Arab News. Col. Salman Al-Muhaya, director of the Saudi travel section at the Passport Department, said: “There are exceptional cases where Saudis may be allowed to travel ... based […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Iraqi prime minister has accused Qatar and Saudi Arabia of effectively declaring war on his country. He says they're funding Sunni fighters in Anbar province, an area the Iraqi government is struggling […]
By John Lee. Iraq and Iran, which together hold more oil reserves than Saudi Arabia, are planning to challenge Saudi Arabia's grip on OPEC and its status as the "swing producer" in the cartel, according to a report from The Telegraph. With Iraq poised to triple its capacity to 9 million bpd by 2020, the result […]
Anbar province recently announced its completion of a 12 billion Iraqi dinar ($10.3 million) highway project linking western Iraq to Saudi Arabia. Anbar province spokesman Mohammed Fathi Hantoush explained that the highway, called the Land Pilgrimage Road, is 230 kilometres long and links central Anbar to the Saudi border at Arar border crossing. Hantoush added […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi-Saudi relations is the most complex issue that Iraq has to deal with. But, at the same time, it is the closest to being resolved if the political entities of both […]
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iran's PressTV has conducted an interview with Zayd al-Isa, a Middle East expert from London about recent surges of violence in Iraq: (Source: PressTV)
