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Iraq oil output surges despite turmoil Iraq oil output surges despite turmoil(0)

Iraq ramped up oil production to a 35-year high last month despite a worsening security situation and political standoffs in the country, but experts said more investment was needed if Iraq wants to realize ambitious output targets. CONTINUE READING

Oil majors rethink stake in Iraq oil and gas Oil majors rethink stake in Iraq oil and gas(0)

Iraq is emerging as one of the riskiest oil and gas jurisdictions to invest in, according to research house Sanford C. Bernstein & Co., a Wall Street investment management firm. CONTINUEREADING

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Iran, Iraq oil alliance talks may be premature Iran, Iraq oil alliance talks may be premature(0)

Hussain Al-Shahristani, Iraqi deputy prime minister for Energy Affairs’ recent comments on collaboration with Iran has stirred the hornet’s nest and may have made Saudi Arabia a bit uneasy. CONTINUE READING

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Saudi, Egypt, Iraq economies to lead MENA Saudi, Egypt, Iraq economies to lead MENA(0)

Saudi Arabia, Egypt and Iraq will be among the world’s 30 largest economies by 2028, according to forecasts by a London-based economic consultancy. CONTINUE READING

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Fresh tensions, oil concerns grip Iraq Fresh tensions, oil concerns grip Iraq(0)

The recent spate of violence and an impending clash between prime minister Nour Al Maliki’s forces and Sunni rebels in Fallujah and wider Anbar provinces have threatened further instability in an-already violence-wracked country. CONTINUE READING

Oil output slowdown to hit petrodollar-reliant Iraq Oil output slowdown to hit petrodollar-reliant Iraq(0)

The Iraqi oil sector has been one of the great success stories of the past five years, rising by a million barrels from 2008 to 2012 to cross three million barrels per day. CONTINUE READING

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Mismanagement clouds Iraq development fund’s future Mismanagement clouds Iraq development fund’s future(0)

Iraq needs to enhance its wealth management policies, especially as the flow of oil revenues is set to fill the government’s coffers over the coming years, according to the International Monetary Fund (IMF). CONTINUE READING

james_gordon_losangeles / Foter / CC BY-NC
Iraq’s growth prospects should not only be about oil Iraq’s growth prospects should not only be about oil(0)

Remove oil from the Iraqi economy and you have a country that has weak governance, major insecurity and instability, fractious regional governments, massive corruption and high unemployment and poverty rates. CONTINUE READING

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When Baghdad, Erbil fail to see eye to eye When Baghdad, Erbil fail to see eye to eye(0)

Iraq continues to trundle along on the back of solid macroeconomics, but great political uncertainty remains. CONTINUE READING

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Iraq: world’s fastest growing economy Iraq: world’s fastest growing economy(0)

 

Elias Pirasteh / Foter.com / CC BY-NC-ND

Iraq will emerge as the world’s fastest growing economy in 2012 and 2013, according to Bank of America Merrill Lynch (BAML).

The Wall Street bank’s data shows that among all the major economies it tracks, Iraq will be the only country that will post double-digit-growth in 2012 – clocking a 10.5% improvement in GDP this year. CONTINUE READING

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AlifArabia’s aim is to offer a brutally frank but sincere analysis on the Middle East region’s business and political issues. It wants to see a thriving and dynamic Middle East that encourages corporate and government transparency, investments and policies that allow the economies to grow.

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