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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: September 3, 2014
INTERNATIONAL. The militant group released a video purporting to show the beheading of journalist Steven Sotloff; Sotloff's family decries "horrific tragedy".
Posted: September 2, 2014
INTERNATIONAL. "The full extent of casualties is difficult to determine. Many have been killed directly; others have been besieged and deprived of food."
Posted: September 2, 2014
INTERNATIONAL. U.S. strategic conception must evolve away from seeing these conflicts as distinct theaters into seeing them as different aspects of the same theater: the Black Sea.
Posted: August 30, 2014
INTERNATIONAL. Writing in the New York Times, a week before a NATO summit in Wales, Kerry urged "a united response led by the United States and the broadest possible coalition of nations."
Posted: August 29, 2014
INTERNATIONAL. Obama's comment during a White House news conference before a meeting of national security advisers about how to proceed against Islamic State drew criticism.
Posted: August 28, 2014
IRAQ. Retreating jihadists set three wells ablaze at a northern Iraq oil field Thursday as they battled Kurdish forces that launched a major attack nearby, officials said.
Posted: August 27, 2014
INTERNATIONAL. The reported initiative by Qatar coincides with an effort by the Gulf state to rebut accusations that it supports the most anti-Western militant armed groups in Iraq and Syria.
Posted: August 26, 2014
IRAQ. "We asked for weapons and Iran was the first country to provide us with weapons and ammunition," Kurdistan President Massoud Barzani said at a joint press conference with Iranian foreign minister Mohammad Javad Zarif in Arbil.
Posted: August 26, 2014
INTERNATIONAL. The Kurdistan Regional Government can bring US$100 million of crude ashore in Texas after a U.S. judge threw out a court order that would have required federal agents to seize and hold the cargo for the Iraqi Oil Ministry.
Posted: August 26, 2014
INTERNATIONAL. Is it time to stop thinking about stabilizing Syria and Iraq and start thinking of a new dynamic outside of the artificial states that no longer function? To do this, we need to go back to Lebanon, the first state that disintegrated and the first place where clans took control of their own destiny.
Posted: August 25, 2014
INTERNATIONAL. UN human rights chief Navi Pillay said a ruthless campaign of "ethnic and religious cleansing" by Islamic State jihadists in Iraq amounted to a crime against humanity.
Posted: August 25, 2014
UAE. With its oil wealth, population growth and strong demand for industrial and consumer goods, the MENA region is an attractive market. There are, however, potential pitfalls in doing business, particularly when it comes to appointing local agents to distribute products in the region.
Posted: August 23, 2014
INTERNATIONAL. "We will do what's necessary to protect Americans and see that justice is done for what we saw with the barbaric killing of Jim Foley... and we're not going to be restricted by borders."
Posted: August 22, 2014
INTERNATIONAL. The US intelligence community thinks IS has an incentive to conduct a major terrorist strike against US or European targets to assert itself as the true leader of radical Islam.
Posted: August 20, 2014
INTERNATIONAL. "It's the largest single aid push we have mounted in more than a decade," UNHCR chief Antonio Guterres said in a statement.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 18, 2014
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
date:Posted: September 18, 2014
INTERNATIONAL. World Bank report spells out the repercussions of the political uncertainty and restrictions on movement and access and recommends remedial actions by all parties.
date:Posted: September 18, 2014
EGYPT. Qalaa Holdings' Hisham El-Khazindar discusses Egypt's economic prospects at Euromoney Conference.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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