The latest Syria – Iraq Business News – oil Pipeline, gas, security, trade, & more – brought to you by Iraq Business News
By John Lee. Syrian rebels have taken control of one of the country's key border crossings with Iraq, but Syria's neighbour has sealed off its end of the crossing and is not allowing refugees to pass through. Iraq has sent an army division to guard the border post, as the war-weary country grows increasingly concerned […]
Conditions seemed relatively quiet in Iraq for most of last week until a co-ordinated spate of bombings hit the capital on 31 May. Otherwise, the total number of attacks recorded countrywide fell by almost half. At least 31 people were killed and 74 injured in nationwide incidents. Across the country a total of 21 bomb […]
The Iraqi government has agreed to hold talks with China’s Poly Technologies on a plan to build a highway linking the country with Turkey and Syria, according to a report from Bloomberg Businessweek. Iraq’s minister of construction and housing will discuss the design of the project with Denmark’s COWI Holding A/S, said government spokesman Ali […]
In an attempt to deal with any potential crisis should Iran close the Strait of Hormuz, Iraq has approved a plan to expand its oil export routes by adding capacity from its northern fields and building a pipeline to ship oil from southern oilfields to the Turkish port of Ceyhan (pictured), according to Reuters. "Short […]
A new agreement will see Iraq and Syria work together to complete the Al-Qa'im railway line and increase trade between the two countries, reports AKnews. The Iraqi Railways Company signed an agreement this week with Syrian Railways to construct the remainder of the railway line to reach the Iraqi border in the Al-Qa'im area, which […]
After weeks of declining violence in February, the number of attacks rose once again in Iraq over the last week of the month. At least 53 people were killed and 245 injured in nationwide incidents, which is moderately high, albeit not as high as the figures of over 100 recorded fatalities in some of the […]
There was a fall in the number of attacks recorded in Iraq last week, but the death toll was nonetheless higher than normal following a mass-casualty suicide attack targeting a police academy in Baghdad. In total, at least 45 people were killed and 74 injured in nationwide incidents, of which 19 were killed and 29 […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Syrian exports to Iraq reached 20 million dollars in December, half of it from Aleppo, according to Alwatan daily. Aswat al-Iraq says Iraq is a major contact for Syria following sanctions against the regime. (Source: Aswat al-Iraq)
Turkey said it could use Iraq as an alternative trade route, cutting out Syria entirely as Damascus faces broad economic sanctions over its deadly crackdown on its 8-month-old uprising. Syria has been a main transit route for Middle East trade, which Damascus hopes will help cushion the effects of tough new sanctions from the Arab […]
A railway connecting Syria and Iraq will begin operations next year, according to a report from Kuwait’s KUNA news agency. In addition, a direct line connecting Syria’s eastern Deir Al-Zor-Al-Bukamal station to Iraq has been completed, the director general of the Syrian rail company has said. “The rail link is a direct line that will […]
Iraq's oil ministry has signed a final deal with Korea Gas Corp. (KOGAS) to develop its Akkas gas field in the western province of Anbar, according to Reuters. Along with Kazakhstan’s KazMunaiGas, KOGAS won the rights to develop the Akkas field during Iraq’s third energy bidding round last October. But KazMunaiGas pulled out of the […]
