Currency Auction Results, 8th Oct

By John Lee. The Central Bank of Iraq (CBI) has reported that 21 banks and 6 remittance companies took part in its currency auction on Thursday. A total of $163,844,494 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq) Related posts: Currency Auction Results, 4th Aug Currency Auction Results, 5th […]

Appeal to Help Yazidi Women Traumatised by ISIS

AMAR launches appeal to help Yazidi women and girls traumatised by ISIS British charity, the AMAR International Charitable Foundation, will on Wednesday launch an appeal to raise $500,000 (£300,000) to help treat  thousands of young Yazidi women and girls who have suffered shocking mental trauma after being kidnapped and sexually abused by Islamic State (IS/ISIS) terrorists. […]

Global Leadership Required to Help Millions in Iraq

At a high-level meeting yesterday on the margins of the 70th United Nations General Assembly, the United States of America, the Organization of Islamic Cooperation (OIC), and the UN Office for the Coordination of Humanitarian Affairs (OCHA) called for greater engagement from the international community on the dire humanitarian crisis in Iraq. “The humanitarian crisis […]

Iraq’s Failing Construction Projects

By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the fall of Saddam Hussein’s regime following the US-led invasion of Iraq in 2003, there have been hundreds of failed and delayed construction and development projects in the country. A few months after […]

Airstrikes Hit ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Tuesday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Bomber, fighter, and […]

WesternZagros Updates on Kurdistan Ops

WesternZagros Resources has announced its production of light oil in the Kurdistan Region of Iraq averaged approximately 5,000 barrels per day in the third quarter. As previously disclosed, operatorship of the Garmian Block was to transition from WesternZagros to Gazprom Neft Middle East B.V at the end of the exploration period for the block pursuant […]