GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th May 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD868 (+2.0%) / $895 (+2.0%) (weekly change) (-9.5% and -5.5% YTD change, respectively). The number of week traded […]

UNIDO, Japan support Projects for Economic Recovery

UNIDO and Japan support two projects for economic recovery and social stabilization in Iraq The United Nations Industrial Development Organization (UNIDO) and the Government of Japan have agreed to launch two projects in Iraq to lift the burden on the local communities affected by the influx of people who have had to flee their homes […]

Academic says Visiting Iraq caused Problems entering US

By John Lee. A British academic has said that visiting Iraq has caused him to have problems entering the United States. Writing in Times Higher Education, Nick Petford, Vice-Chancellor of the University of Northampton, said: “My forays [into Iraq] have not been without consequence. In March this year I fell foul of Donald Trump’s travel restrictions […]

Can US-Sunni Alliance lure Baghdad away from Tehran?

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  There are strong indications that Gulf states want to keep Iraq away from Iran‘s influence by including Iraq under the banner of a US-backed Sunni Arab alliance. The […]

Iraq Considers Massive Oil Hedge

By John Lee. The head of the State Oil Marketing Organization (SOMO) has reportedly suggested that Iraq is interested in creating an oil price hedging program that would lock in prices for future trades far in advance. Falah Al Amri is quoted as saying: “We will not rush. This is a long process … We […]

Iraq Tech Ecosystem Map 2017

By Lara Saeed (pictured), Managing Editor, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Over the past 6 months, we at Bite.Tech have been mapping out the startup ecosystem in Iraq which consists of all the stakeholders who directly add value and and drive […]

Iraq’s Future Generations risk being Left Behind

Without urgent investment in education, Iraq’s future generations risk being left behind The future of Iraq, its economic security and prosperity depends on increasing investment in education today. And while the price of investing in Iraq’s education sector is high, failing to do so will cost the nation far more in the future. “The Cost […]

U.S., Coalition Strikes Target ISIS Terrorists

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Wednesday, conducting 34 strikes consisting of 78 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]

Currency Auction Results, 25th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 38 banks and 10 remittance companies took part in its currency auction on Thursday. A total of $158,102,404 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)