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Iraq

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Posted: 24-07-2011
IRAQ. The Ministry of Oil of Iraq has signed an Implementation agreement for the construction under BOO terms of the Refinery of Karbala with RKC (Refinery of Karbala Corporation Ltd.) The new Refinery will have a daily capacity of 200,000 barrels of Crude Oil and will produce high quality, high octane gasoline (regular and premium) as well diesel fuel for the domestic market. “Karbala Refinery will be located 100km south of Baghdad on a 6 square kilometer plot of land, and will be the most advanced state of the art refinery with almost full conversion rate and with an estimated cost of
Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
Posted: November 24, 2014
INTERNATIONAL. An underlying growth in global supply capacity, which is significantly outstripping demand, may mean that the world has now passed the peak price for oil, a new report commissioned by Gaffney, Cline and Associates (GCA) suggests.
Posted: November 24, 2014
IRAQ. There was no independent confirmation that the army, Shi'ite militia and Kurdish peshmerga forces had completely retaken Jalawla and Saadiya, about 115 km northeast of Baghdad.
Posted: November 18, 2014
IRAQ. If confirmed, the recovery of the facility could provide critical momentum for government forces charged with restoring stability in a country facing a security crisis.
Posted: November 14, 2014
INTERNATIONAL. The speech, purported to be in Abu Bakr al-Baghdadi's name, followed contradictory accounts out of Iraq after U.S. air strikes last Friday about whether he was wounded in a raid.
Posted: November 13, 2014
UAE. With a population of over 33 million, Iraq has 19 civilian airports and seven military air transport facilities, serving around 30 airlines, including its national carrier Iraqi Airways.
Posted: October 28, 2014
UAE. PwC commissioned a survey of more than 500 retail banking customers in the GCC, to find out what customers really want.
Posted: October 24, 2014
IRAQ. ISIS jihadists gained ground west of Baghdad Thursday, further reducing the government's already-shaky hold on Anbar province, officials said.
Posted: October 24, 2014
IRAQ. Renewed attack against the Yezidis may create pressure on the U.S. to refocus its campaign on Iraq after ramping up airstrikes against Islamic State militants in Syria.
Posted: October 20, 2014
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
Posted: October 16, 2014
INTERNATIONAL. U.S.-led coalition warplanes launched their heaviest bombardment yet on the militants, who have been assaulting Kobani for nearly a month.
Posted: October 15, 2014
INTERNATIONAL. Kurdish and Iraqi forces fought to hold back advancing jihadists on the Syria-Turkey border and near Baghdad as Washington pushed to rally its allies against the Islamic State group.
Posted: October 9, 2014
INTERNATIONAL. General John Allen is due in Turkey in an effort to resolve tensions; Turkey considers the Obama administration "overly cautious in this region."
Posted: October 7, 2014
INTERNATIONAL. Turkey's behavior can be perplexing and frustrating to Western leaders, but the country's combination of reticence in action and audacity in rhetoric can be traced back to many of the same issues that confronted Istanbul in 1919.
Posted: October 2, 2014
INTERNATIONAL. Islamic State insurgents in Iraq have carried out systematic war crimes or crimes against humanity that demand prosecution, the United Nations said.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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