Top Iraq News

  • Iraq aims to more than double northern oil output


    Iraq aims to more than double northern oil production from around 600,000 barrels per day (bpd) to about 1.3 million bpd by the end of 2014, executives from the Northern Oil Co told AFP. AFP - 14Feb 14:35GMT
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  • Construction of Range Hospitality's $175 million Al Rawdatain Residences on schedule


    Construction of Range Hospitality's $175 million Al Rawdatain Residences hotel project in Karbala, Iraq is successfully underway. The 12-storey hotel project was launched by the progressive real estate developer during August, 2010. Press Release - 14Feb 13:07GMT
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  • Iraqis demonstrate for jobs at oil field


    More than 400 people demonstrated at the entrance of a massive oil field in Iraq on Tuesday, calling on oil giant Shell to give them jobs, before police intervened and arrested two people. AFP - 14Feb 10:08GMT
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  • A second giant eyes Kurdish oil


    The French oil giant TOTAL is reportedly close to reaching an agreement with the Kurdistan Regional Government authorities to explore oil in a number of fields in the Region. The Kurdish Globe - 14Feb 09:12GMT
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  • Maliki denies Iraqi army chief swap


    An announcement from the Iraqi Prime Minister's office has denied reports of swapping the Iraqi Army Chief with Director of the Office of the General Chief of the Armed Forces. Iraqi and Kurdish officials confirm the Prime Minister is not authorized to make such a decision alone for the post is an appointment by Kurdistan Region. The Kurdish Globe - 14Feb 09:11GMT
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  • Kurdish opposition presents Kirkuk project


    Local opposition leaders call for fast implementation of Article 140. Three Kurdish parties are demanding the implementation of Article 140 of the Constitution regarding the disputed areas and normalizing relations among the components of Kirkuk. The Kurdish Globe - 14Feb 08:30GMT
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  • Kuwaiti embassy reopens in Iraq amid hope and controversy


    The Kuwaiti Embassy in Iraq reopened on Sunday, and is hoped to promote commercial and investment relations between the two countries. AK News - 14Feb 07:38GMT
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  • Total will shift focus from Iraq to Kurdistan


    Total S.A. has become the latest big oil company to shift the focus of its Iraq ambitions toward semi-autonomous Kurdistan. AK News - 14Feb 07:38GMT
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  • New Iraqi oil terminal to boost export capacity


    Iraq has opened a new crude oil terminal in Basra that aims to increase the province's export capacity by about 300,000 barrels per day. AK News - 14Feb 07:37GMT
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  • Thi Qar province demands Maliki visit


    Thi Qar's provincial council demanded that Premier Nouri al-Maliki visit the province to find solutions to pending questions. Aswat Aliraq - 14Feb 07:18GMT
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Iraq Oil & Gas Report
Business Monitor International Limited

Iraq’s natural gas sector has substantial potential, both through the capture of associated gas (through the Basra Gas joint venture) and through the development of non-associated fields. We see gas output ramping up significantly after 2013, with small exports starting as early as 2015.



 
 
 
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Most trusted ME banks
Thirty-three Middle East banks are among 500 of the world's most trusted banks, according to a new study.
 

 
Markets
BRIC vs MENA
A number of ME markets are trading at valuations below their BRIC counterparts, says NBK Capital. With a few potential catalysts such as an MSCI upgrade and Saudi opening up, there may even be hope for the unthinkable: a rally.
 

 
Economy & Politics
Final frontier
As growth dries up in the limp OECD and overvalued Asian economies, ME investors are eyeing Africa nations for lucrative growth. Here's a look at four African markets with great potential.
 
 
Companies in Iraq
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Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Number
of
Employees
1 South Oil Company Iraq 16,150
2 North Oil Company Iraq 12,000
3 Rafidain Bank Iraq 8,500
4 Atheer Telecommunications Iraq Limited Iraq 3,000
5 State Company for Glass and Ceramic Industries Iraq 2,500
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