Iraqi MPs still haggling over 2014 budget

By Abbas al-Baghdadi Azzaman, October 19, 2014 The Iraqi parliament has once again failed to approve 2014 budget as row over allocations for the Kurdish autonomous region and its oil industry and exports intensifies. Following a protracted debate the budget was forwarded back to the cabinet, parliamentary sources said. Iraqi MPs are now supposed to [...]

Iraqi premier to visit Iran in bid to boost trade ties and cooperation in fight against Islamic State

Azzaman, October 18, 2014 Iraqi Prime Minister Haider Abadi is visiting Iran early next week to explore ways to boost trade ties and increase cooperation in fight against Islamic State (IS). The visit to Iran, expected on Monday, will be Abadi’s first to Iran, with which Iraq shares a 1800 kilometer-frontier and several border points [...]

U.S. urged to invest in Iraq’s oil sector

Azzaman, October 17, 2014 U.S. companies are welcome to invest in Iraq’s energy sector with all its divisions, Electricity Minister Qassem al-Fahdawi said. Fahdawi said there were good investment opportunities in various Iraqi provinces particularly in the areas of oil, power and other energy fields. “U.S. firms have great expertise in the area of electricity [...]

Oil Minister heaps praise on Russia’s Lukoil

By Shaymaa Adel Azzaman, October 15, 2014 Russia’s Lukoil is a major partner to Iraq, said Oil Minister Adel Abdulmahdi. Abdulmahdi said Russia’s giant oil major was developing some gigantic oil fields in the country and its activities were bearing fruit. The minister made the remarks during a meeting with Lukoil’s chairman Vagit Alekperov, who [...]

U.S. playing the same game in both Iraq and Syria

By Fatih Abdulsalam Azzaman, October 14, 2014 Islamic State (IS) militants are closing in on the Syrian city of kobane, which is almost empty of its Kurdish population. Those left behind are Kurdish fighters who are either members of or sympathizers with the Kurdish Workers Party (PKK). The geopolitics of the fight against IS, also [...]

Kurds to resume talks with Baghdad on outstanding issues

By Abbas al-Baghdadi Azzaman, October 13, 2014 A high-level Kurdish delegation will pay a visit to Baghdad within a few days in the last attempt to solve issues driving the sides apart, said Mahmoud Othman, the head of the Kurdish parliamentary bloc in Baghdad. Nejervan Barzani, the head of the Kurdish regional government in Arbil, [...]

Islamic State on way to occupy Baghdad neighborhoods

By Mohammed al-Salehi Azzaman, October 12, 2014 Islamic State (IS) militants could advance as far as the outskirts of Baghdad if not stopped, a parliamentary commission warned. Security and Defense Commission at the Iraqi parliament said IS, also known as ISIS, was about to control the whole of the Province of Anbar, Iraq’s largest province [...]

Islamic State versus Iraq: Time on whose side?

By Fatih Abdulsalam Azzaman, October 11, 2014 As if nothing has happened in Iraq in the past five months when Islamic State (IS) militants routed several army divisions and spread their control over large swathes of territory. The report by the Washington Post that IS, also known as ISIS, will soon overrun the Province of [...]

Heavy rain reveals gold coins of great antiquity

By Khayoun Saleh Heavy downpours have removed earth from an ancient mound in southern Iraq, bringing to surface 62 gold coins some of which date to the Babylonian period, the Antiquities Department said in a statement. The statement, faxed to the newspaper, said the coins were picked up by the inhabitants of a village close [...]

Kurdish deputies to sue finance minister for lack of transparency

By Fareed Hassan Azzaman, January 4, 2013 Opposition deputies in the Kurdish regional parliament say they want to sue the region’s finance minister for lack of transparency regarding oil sales in 2011. Kardo Mohammed, who heads the opposition parliamentary block, said the ministry has failed to convince parliament that its figures on 2011 oil sales [...]