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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: December 19, 2014
IRAQ. US officials said among those killed was Abu Muslim al-Turkmani, who was Baghdadi's deputy in charge of Iraq and would be the most senior IS leader to fall this year.
Posted: December 12, 2014
INTERNATIONAL. "Iran and the United States have denied cooperation at any level, but the fact is that we know Iran is taking military action in Iraq, and so is the United States."
Posted: December 2, 2014
LEBANON. The Lebanese army detained a wife and daughter of Islamic State leader Abu Bakr al-Baghdadi as they crossed from Syria nine days ago, security officials said.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 19, 2014
UAE. As a gateway of opportunity for Asia, Dubai has a key role in driving growth momentum; Between 2010 and 2013, GCC-China trade grew faster than with any other significant trade partner.
date:Posted: December 18, 2014
INTERNATIONAL. A new analysis presents the key trends that will transform the global market over the next decade and beyond.
date:Posted: December 18, 2014
UAE. International tourism and a stronger middle class are shaping luxury trends, including luxury experiences and alternative luxury channels, with a focus on the consumer rather than geography.
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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