By John Lee. Fox Business reports that Tony Hayward, the former BP boss, is set ...
A new Funding Facility for Economic Reform is being established to accelerate reforms in the ...
About 600 American troops will be deployed to Iraq to further enable local security forces ...
Human rights campaigner and leader of the Organization of Women’s Freedom in Iraq (OWFI), Yanar ...
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant ...
By John Lee. Fox Business reports that Tony Hayward, the former BP boss, is set to step down next year as chairman of Genel Energy. The company, which he founded in 2011 with financier Nat Rothschild, has become the biggest oil and gas producer in Iraqi Kurdistan. A company spokesman said that no decision has […]
A new Funding Facility for Economic Reform is being established to accelerate reforms in the Kurdistan Region The United Nations Development Programme (UNDP) signed an agreement today in Erbil with the Ministry of Planning of the Kurdistan Regional Government (KRG) to establish a new Funding Facility for Economic Reform (FFER). FFER will be used to […]
About 600 American troops will be deployed to Iraq to further enable local security forces as they prepare to retake the key Iraqi city of Mosul from the Islamic State of Iraq and the Levant, Defense Secretary Ash Carter said on Wednesday. In a statement, the secretary said in anticipation of the Mosul fight, the […]
Human rights campaigner and leader of the Organization of Women’s Freedom in Iraq (OWFI), Yanar Mohammed (55), has been awarded the 2016 Rafto Prize for her work on behalf of women and minorities in war-torn Iraq. The Rafto Prize is awarded annually to individuals or organizations that have distinguished themselves in their work for human […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Wednesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 15 remittance companies took part in its currency auction on Thursday. A total of $110,371,703 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By Madeleine White Reflections on Trade+ Impact summit, in Ifrane, Morocco 19-23rd September 2016 Madeleine is co-founder of Nina magazine, Impact director of Enterprise development NGO Challenges Worldwide (a founder member of the Access to Finance for Rural Enterprise (ACRE) consortium). Madeleine contributed to discussions around the importance of impact investment and social enterprise within wider economic […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Remarks on the Second Amendment of Oil Refining Investment Law 64 of 2007 The Second Amendment of Oil Refining Investment Law has specific very serious flaws, and should be either rejected or […]
By John Lee. Genel Energy has announced that the Taq Taq field partners have received a gross payment of $23.37 million from the Kurdistan Regional Government (‘KRG’) for oil sales during July 2016. Genel’s net share of the payment is $12.85 million. The payment reflects full settlement of the invoiced amount for July 2016 oil […]
By John Lee. Trade between Iraq and Armenia has increased to $120 million per annum. The news came as the Foreign Ministers of Armenia and Iraq met in New York to discuss the deepening of cooperation between the two countries. Edward Nalbandian and Ibrahim al-Jaafari attached importance to the organization of high-level mutual visits, efficient […]
The Government of New Zealand has contributed US$1 million to UNDP’s Funding Facility for Immediate Stabilization (FFIS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). Based on priorities identified by the Government of Iraq and local authorities, FFIS helps to quickly repair public infrastructure, provides grants to small […]
UNHCR scholarship scheme helps Syrian refugees access university degrees in the Kurdistan Region of Iraq UNHCR, the UN Refugee Agency, in coordination with the Ministry of Higher Education and Scientific Research of the Kurdistan Region of Iraq (KR-I), this week opened its DAFI scholarship enrolment programme in KR-I and started receiving applications. UNHCR’s higher education […]