Archive | Security

Video: Can Iraqi Kurdistan gain Independence?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Kurdistan Regional Government in northern Iraq says the date to hold an independence referendum has been set and won’t be changed. That was in response to a request by US secretary of […]

Authorities Deny Release of Iraqi Airways Chief

The Commission of Integrity has denied reports on the release of Iraqi Airways chairman following his arrest “red-handed” taking a bribe. A commission statement on August 15 said that reports by some media outlets that claimed the release of Samer Kabba, the Iraqi Airways chairman, were untrue. The statement said the investigating judge referred the […]

Basra Governor “quits” after Corruption Investigation

By John Lee. The governor Basra has reportedly stepped down and gone to Iran following an investigation by the Integrity Commission into allegations of corruption against him. The Integrity Commission has asking the foreign ministry in Baghdad to ask Iran to repatriate Majid al-Nasrawi. According to a report from Reuters, a Basra-based politician close to Nasrawi […]

Strikes Continue Against ISIS Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Tuesday, conducting 21 strikes consisting of 41 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, […]

Saudi Prince “asked for Iraq’s Mediation for ties with Iran”

Iraqi Interior Minister Qasim al-Araji (pictured) has said that Saudi Prince Mohammad bin-Salman has “officially asked Iraq to act as a mediator between Tehran and Riyadh to reduce tensions.” According to a news agency report, Al-Araji made the remarks at a joint press conference with his Iranian counterpart Abdolreza Rahmani-Fazli in Tehran. Referring to his […]

IMF: “Iraq is Facing a Double Shock”

On August 1, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV consultation with Iraq. Iraq is facing a double shock arising from the conflict with ISIS and the plunge in oil prices. In 2016, real GDP increased by 11 percent owing to a 25 percent increase in oil production, which was […]

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 […]

Why an Iraqi Town, in Middle of the Desert, has no Cafes

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In the small desert area of Busaya, Iraqis of different sects have lived together peacefully for decades. Locals pride themselves on their hospitality and unity. Up until recently not many […]

IS Plundered $800m in Cash From Iraq

By John Lee. The Islamic State group (IS, ISIS, ISIL, Daesh) has reportedly plundered more than $800 million from Iraqi bank facilities and reserves. According to a new report from the Central Bank of Iraq (CBI), the group has taken $101 million and 856.5 billion Iraqi dinars ($727.6 million) from banks in the territory it […]

Inherent Resolve Strikes Target ISIS in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 18 strikes consisting of 29 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 In Syria, coalition […]

Security Message for U.S. Citizens

U.S. Embassy Baghdad is aware of reports of threats to target U.S. government officials and other civilians for kidnapping. In response, the U.S. Embassy has temporarily restricted movement of its employees outside of the international zone in Baghdad, as well as outside of U.S. Consulate Basrah. As a reminder, U.S. citizens should maintain a heightened […]