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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: 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.
Posted: August 20, 2014
INTERNATIONAL. "If genuine, we are appalled by the brutal murder of an innocent American journalist," White House National Security Council spokeswoman Caitlin Hayden said.
Posted: August 19, 2014
IRAQ. U.S. fighter, bomber and drone aircraft took part in the strikes on Islamic State positions near the Mosul Dam, the Pentagon said.
Posted: August 18, 2014
IRAQ. U.S. planes - deployed over Iraq because of the Islamic State's advances - had been striking targets near Mosul Dam over the last 24 hours, a peshmerga spokesman said.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
date:Posted: September 1, 2014
UAE. Research note sees key role for Sukuks over next decade in securing funds for major projects in Dubai.
date:Posted: August 30, 2014
INTERNATIONAL. "I believe that in the wake of the Gaza war and the basis on which the ceasefire was established, a new momentum for peace negotiations might have been created."
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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