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Iraq

FEATURED REPORT...
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: February 4, 2014
INTERNATIONAL. "Al-Qaeda announces it is not linked to the Islamic State of Iraq and the Levant, as it was not informed of its creation... (and) did not accept it," a statement said.
Posted: January 17, 2014
IRAQ. The intensifying violence, which has already killed more than 600 people nationwide this month, has fuelled fears Iraq is slipping back into all-out sectarian war.
Posted: January 16, 2014
INTERNATIONAL. More than 3 million people have fled Syria and are taking refuge in Lebanon, Jordan, Turkey, Iraq and Egypt, causing great hardship and raising tensions in the region.
Posted: January 14, 2014
INTERNATIONAL. The instability and the loss of control of key cities by the Iraqi government underscores the intense security challenge facing the country as it seeks to ramp up oil production.
Posted: January 12, 2014
UAE. The global defence spending is declining, mainly as a result of reduced armed conflict in Iraq and Afghanistan and affordability concerns in many traditionally active military governments.
Posted: January 9, 2014
SAUDI ARABIA. The Saudi view is that Maliki is "aggravating the feelings of marginalization that some Iraqi Sunnis have long complained about, and that are at the root of the current violence."
Posted: January 7, 2014
INTERNATIONAL. Libyan armed forces warn oil tankers away from seized ports; Violence in Iraq sparked concern about supply; Freezing weather threatens to curtail U.S. oil production.
Posted: January 7, 2014
IRAQ. Al-Qaeda and allied fighters in Iraq vowed to resist government forces trying to retake towns Prime Minister Nouri al-Maliki says are under the terrorist group's sway.
Posted: January 6, 2014
IRAQ. Prime Minister Nuri al-Maliki must decide in the coming days whether to offer a real share of power to the disenchanted Sunni minority, or press on with allegedly sectarian policies and often heavy-handed security tactics that have fuelled its alienation.
Posted: January 6, 2014
IRAQ. Al Qaeda's Islamic State of Iraq and the Levant (ISIL) has been steadily tightening its grip in the vast Anbar province in recent months in a bid to create a Sunni Muslim state straddling the frontier with Syria.
Posted: January 3, 2014
IRAQ. Iraqi forces backed by aircraft and Sunni tribal militias launched assaults to expel al-Qaeda-linked militants from two key towns in Anbar province.
Posted: December 17, 2013
UAE. Conference to highlight significant business and investment opportunities in Iraq.
Posted: December 10, 2013
INTERNATIONAL. Output from Saudi Arabia fell to a five-month low of 9.63 million barrels a day last month from 9.71 million in October, according to OPEC's monthly report.
Posted: December 10, 2013
INTERNATIONAL. This is a territory spread across four nations with bitter histories and a shared commitment to prevent Kurdish aspirations for independence from eroding their territorial integrity.
Posted: December 8, 2013
UAE. "As these countries have implemented new tax regimes and expanded their commercial laws relating to inward investment in recent years, businesses will be taking a closer look at where they can capitalize on these changes."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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