Monthly Archives: October 2017


Opportunity for UAE Business: Key Iraqi Ministers come to Conference

Rebuilding Iraq is central to the agenda of the Iraq Britain Business Council (IBBC) autumn conference at The Address, Dubai Marina on 12th November.

The opportunity for businesses in the region to engage in Iraq is reflected by the attendance of a number of high profile Iraqi Ministers: from Electricity, Transport, Oil, Construction and Housing, to the Governor of Basrah and International financiers, including the IMF and World Bank.

Vikas Handa, the IBBC UAE representative agrees:

“Iraq is the second largest oil producer in OPEC and has one of the biggest programmes for new power generation projects in the region; Iraq presents massive opportunities for housing, Infrastructure and FMCG businesses. The event is designed to discover the opportunities and projects live and intended in Iraq, for business people to meet the decision makers, to obtain insights and to network”.

UAE is increasingly seen as the regional hub for corporate operations in Iraq and the place where business decisions are determined.

We can confirm this as a range of leading international companies are attending, including GE, Siemens, BP, Wood, Serco, Shell, Petronas, Gulftainer, Zain, KCA Deutag, the International Islamic Bank and more. There will also be plenty of networking and engagement on the sidelines beyond the main stage.

The IBBC Dubai conference is also the location for the Governor of Basrah to outline his vision for the future, and it is expected ministers will outline the latest thinking on the evolving situation in Iraq and the opportunities this brings.

To register, please follow the link: http://www.webuildiraq.org/ibbc-conference/autumn-conference/

(Source: IBBC)

Restrictions on Border with Iraqi Kurdistan to Be Removed

Chief of Staff of the Iranian Armed Forces said on Monday that the country’s border with Iraqi Kurdistan region will reopen in coming days.

Speaking to reporters on the sidelines of a local ceremony, Major General Mohammad Hossein Baqeri pointed to the ruling Kurdistan Democratic Party led by Masoud Barzani’s attempts in the Iraqi Kurdistan region for secession and said if the plan for secession had been materialized, “Iraq could entangle in a bloody and long war.”

It “could also affect the neighboring countries,” stated, adding that such a development would create a new conflict in the region.

Elsewhere in his remarks, Major General Baqeri said the restrictions imposed by Iraq on the borders with the Iraqi Kurdistan Region will be removed in the coming days.

In a statement on Saturday, Iran’s consulate in Erbil said the Haj Omran (Tamarchin) and Parviz Khan border crossings in western Iran are still shut and the officials have not made any new decision about those two places.

Iranian and Iraqi merchants and passengers can cross the border via Bashmakh (Bashmaq) border crossing as a replacement, it added.

Iran shut its common frontier with the semi-autonomous Iraqi Kurdistan Region at the request of Baghdad after the Kurdistan Regional Government (KRG) held a referendum to secede from the Arab country in September.

Iraq is planning to take control of the borders of its autonomous Kurdistan region in coordination with Iran and Turkey.

People in the Kurdish region of northern Iraq voted for independence on September 25 in a controversial referendum, amid rising tensions and international opposition.

The referendum set off a chain of events, culminating in a military confrontation between Erbil and Baghdad.

Iraqi government forces launched a major operation in Kirkuk on October 16 and took control of its oil fields and a strategic military base without any armed clashes.

KRG announced last week it was prepared to freeze the results of the referendum.

(Source: Tasnim, under Creative Commons licence)

Iran Cancels Arbaeen Flights to Iraq Due to Dust Storms

The rising level of dust pollution in Iraq forced Iranian airlines to cancel their flights to the Arab country’s cities of Baghdad and Najaf ahead of Arbaeen, the 40th day after the anniversary of the martyrdom of Imam Hussein (AS), the third Shiite Imam.

With dust clouds reducing visibility, Iranian flights heading to Baghdad and Najaf were grounded or delayed for a second straight day on Tuesday, Iranian media reported.

Officials at Imam Khomeini International Airport said the pilgrims traveling to Iraq for Arbaeen were required to call “199” and get the necessary information before heading to the airport.

Authorities at Najaf and Baghdad airports have also canceled all the flights because of the wind-blown dust caused by sandstorms in the Arab country.

A large group of Iranian pilgrims, wearing face masks, are stranded in airports and at Iran-Iraq joint border crossings.

Each year, a huge crowd of Shiite Muslims attend the religious commemoration of Arbaeen, by marching toward the holy city of Karbala, Iraq, which hosts the holy shrine of Imam Hussein (AS).

During the Arbaeen event, volunteers set up thousands of congregation halls and pavilions in Najaf and Karbala and along the road between them to offer services for the travelers and pilgrims.

(Source: Tasnim, under Creative Commons licence)

Strikes Continue in Effort to Defeat ISIS

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting eight strikes consisting of 14 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today.

Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports.

Strikes in Syria

Coalition military forces conducted four strikes consisting of four engagements against ISIS targets in Syria:

  • Near Abu Kamal, two strikes engaged two ISIS tactical units, destroying a vehicle and an ISIS headquarters.
  • Near Dayr Az Zawr, two strikes engaged two ISIS tactical units.

Strikes in Iraq

Coalition military forces conducted four strikes consisting of 10 engagements against ISIS targets near Qaim, Iraq. The strikes engaged two ISIS tactical units and destroyed an ISIS vehicle, a staging site and a mortar firing position and damaged 13 ISIS supply routes.

Previous Strikes

Officials also provided details today on two Oct. 29 strikes consisting of four engagements in Syria for which the information was not previously available:

  • Near Abu Kamal, a strike engaged an ISIS tactical unit and damaged an ISIS headquarters.
  • Near Dayr Az Zawr, a strike engaged an ISIS tactical unit.

Part of Operation Inherent Resolve

These strikes were conducted as part of Operation Inherent Resolve, the operation to destroy ISIS in Iraq and Syria. The destruction of ISIS targets in Iraq and Syria also further limits the group’s ability to project terror and conduct external operations throughout the region and the rest of the world, task force officials said.

The list above contains all strikes conducted by fighter, attack, bomber, rotary-wing or remotely piloted aircraft; rocket-propelled artillery; and some ground-based tactical artillery when fired on planned targets, officials noted.

Ground-based artillery fired in counterfire or in fire support to maneuver roles is not classified as a strike, they added. A strike, as defined by the coalition, refers to one or more kinetic engagements that occur in roughly the same geographic location to produce a single or cumulative effect.

For example, task force officials explained, a single aircraft delivering a single weapon against a lone ISIS vehicle is one strike, but so is multiple aircraft delivering dozens of weapons against a group of ISIS-held buildings and weapon systems in a compound, having the cumulative effect of making that facility harder or impossible to use. Strike assessments are based on initial reports and may be refined, officials said.

The task force does not report the number or type of aircraft employed in a strike, the number of munitions dropped in each strike, or the number of individual munition impact points against a target.

(Source: US Dept of Defense)

Video: Families Flee Fighting in Anbar

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.

Members of the governmental forces assist families fleeing combats in the Iraq’s western desert bordering Syria, as Iraqi forces fight against remnant pockets of Islamic State group jihadists.

DINAR GURUS UPDATE, 31 OCT

10-31-2017   Newshound/Intel Guru Mnt Goat   Article:  “IRAQS ECONOMIC RECOVERY”   Quote:  “…WILL BRING IRAQ BACK TO THE RANKS OF THE DEVELOPED COUNTRIES, WHICH BRINGS US BACK TO THE GLOBAL EXPECTATIONS THAT IRAQ WILL BE THE EIGHTH TIGER AMONG THE SEVEN TIGERS after his salvation from the challenges he faced.”  What do they mean that Iraq will become the “eighth tiger”?   …the term “TIGER”

“RV/GCR Insight and Thoughts” by Truthseeker , 31 OCT

Entry Submitted by Truthseeker at 9:09 AM EDT on October 31, 2017In today’s post I would like to provide some insight on several topics that are being shared throughout the Dinar Community. First off, I would like to review the topic of an “RV/GCR date”. So throughout my journey of 7+ years I’ve heard hundreds if not thousands of predicted RV dates that have all come and gone. I am not bashing

DAZ UPDATE, 31 OCT

DAZ:   ITS EASY TO BELIEVE IN JUST THE FACTSI SUSPECT MUCH OF THE STUFF WE HAVE HEARD FROM ALL OVER THE NET OVER THE YEARS CONTAINS AN ELEMENT OF TRUTH..SOME MORE THAN OTHERS OF COURSE.I DETERMINED LONG AGO THAT THERE HAVE BEEN VERY FEW DELAYS IN THE PROCESS. BUT THERE HAVE BEEN A LOT OF COURSE CORRECTIONS AND FALSE STARTS…AND THE RV WAS EVEN USED AT TIMES AS A TOOL TO PRY OPEN A FAULT OR