The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
By Simon Kent. The chairman of the Baghdad Provincial Investment Commission, Shaker al-Zamli, has committed to protecting Turkish commercial interests in Iraq following the ongoing Turkish hostage crisis. Early this month, 17 Turks and a Kurdish man were taken captive by a hitherto unheard of fringe Shi'a group. Two have subsequently been released, and the act has […]
By Simon Kent. The Turkish government has confirmed that two hostages have been released by the group calling themselves the "Death Division," who kidnapped the workers in Baghdad early this month, along with 16 other hostages. The two men were said to be in good condition, confirmed by both Turkish and Iraqi authorities, who also […]
By Simon Kent. Gulf Keystone have announced that the Shaikan field in the Kurdish region of Iraq (KRI) has now exceeded 15 million barrels of commercial production. According to the company, this amounts to a daily average production in excess of 40,000 barrels of oil gross. The oil is trucked to the Turkish border before […]
By Simon Kent. Shi'a cleric Moqtada al Sadr has again challenged the media image of himself as a radical "firebrand" by demanding the release of the 17 Turkish construction workers kidnapped in early September. The cleric has long had a reputation for violent anti government, anti-western and sectarian politics, after running the militias the Jaish […]
By Robert Tollast. A militia group calling itself "Firqat al Mawt" or "Death Division" has released a video (still shown above) of 18 Turkish construction workers who were kidnapped from their living quarters near Sadr City. The men were in Iraq working on the construction of a football stadium, in an area with high unemployment and […]
By Simon Kent. The New York Times has reported on a Turkish incursion in the mountains of Northern Iraq to destroy Kurdish Workers' Party (PKK) positions. The incursion comes in response to a recent IED attack inside Turkey which killed 14 police officers in a mini bus. The raids--20 military strikes according to the report--have […]
By John Lee. Eighteen Turkish employees of Ankara-based construction company Nurol Insaat have been kidnapped in Baghdad. Masked men in military uniforms reportedly stormed the construction site, where the workers were sleeping in caravans, and bundled them into several SUVs early on Wednesday. The men were working on the construction of the new sports complex […]
Turkish carrier AtlasGlobal, formerly known as Atlasjet, will be expanding service to Iraq starting in September 2015. New routes will be launched from Erbil, Sulaymaniyah, Baghdad and Basra. This is in addition to Najaf. eff 03SEP15 Istanbul Ataturk – Erbil 2 daily KK6200 IST0635 – 0900EBL 320 246 KK6200 IST0635 – 0900EBL 321 x246 KK6202 IST1500 […]
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. With A Little Help From Your Friends: US, Iran and Turkey All Getting Involved in Kurdish Presidency Problem The current Iraqi Kurdish presidency officially ended yesterday. Massoud Barzani, who heads […]
By John Lee. Sabotage and theft from pipelines has cost the Kurdistan Regional Government (KRG) an estimated $501 million (584 billion Iraqi dinars) since the start of July, the KRG's Ministry of Natural Resources said in a statement: "Persistent theft and attempted theft from the Iraq-Turkey crude oil pipeline in the southeast of Turkey continues […]
Evidence collected by Amnesty International in a fact-finding mission indicates that multiple Turkish government airstrikes killed eight residents and injured at least eight others – including a child - in a flagrantly unlawful attack on the village of Zergele, in the Kandil Mountains in the Kurdistan Region of Iraq. The airstrikes on 1 August were […]
Statement by KRG's Ministry of Natural Resources on attacks on the Kurdistan to Ceyhan oil export pipelines in Turkey Since July 27th, there have been repeated attempted thefts and sabotage attacks on the pipelines that carry crude oil from the Kurdistan Region to Ceyhan (pictured) in Turkey. This has led to an almost complete stoppage […]
