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International Community Supports for Baghdad Against IS More Assistance for Displaced Persons Iraq-Iran Gas Pipeline Operational by March German Advisors Arrive in Kurdistan
 
International Community Supports for Baghdad Against IS

International Community Supports for Baghdad Against IS

At an international conference in Paris, the five permanent members of the U.N. Security Council, representatives of European and Arab states, and representatives of the EU, Arab League and United Nations, have all pledged to help the government in Baghdad fight against Islamic State militants. The full statement from the French Ministry of Foreign Affairs is […]

More Assistance for Displaced Persons

More Assistance for Displaced Persons

The International Red Cross and Red Crescent Movement has pledged to intensify its humanitarian activities in Iraq, and to increase assistance for more than 1.5 million Iraqis displaced as a result of continuous fighting in various parts of the country. The pledge was made during a visit to Iraq by Movement leaders that included the […]

Iraq-Iran Gas Pipeline Operational by March

Iraq-Iran Gas Pipeline Operational by March

By Patrick M Schmidt. The Managing Director of the Iranian Gas Engineering and Development Company, Alireza Gharibi, said he expected tests to begin on the new Iran-Iraq gas pipeline by next month. “Operations for the construction of Iran-Iraq gas pipeline are complete and we are now in the pre-startup testing phase, after which the pipeline […]

German Advisors Arrive in Kurdistan

German Advisors Arrive in Kurdistan

By Patrick M Schmidt. The Kurdistan Regional Government (KRG) has welcomed forty German military advisors who will begin training Peshmerga security forces on weapons newly received from Germany. The advisors have previous experience training foreign militaries. The German military assistance package is valued at $92 million and is aimed to assist in their fight against […]

UNESCO targets 10,000 Out-of-School Children

UNESCO targets 10,000 Out-of-School Children

11 September 2014

UNESCO officials concluded a series of meetings held with director generals in Ministries of Education in the central government in Baghdad and the Kurdistan regional government, as well as representatives from local NGOs, to discuss ways to enhance cooperation and accelerate the implementation of...

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Posted in Education & Training, Security0 Comments

‘Cultural Sinbad’ Spreads Literature across Iraq

‘Cultural Sinbad’ Spreads Literature across Iraq

11 September 2014

By Shukur Khilkhal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Modern-Day ‘Cultural Sinbad’ Spreads Literature across Iraq The worsening violence plaguing Iraq has not prevented the bookseller Star Mohsen Ali...

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Posted in Education & Training, Leisure and Tourism0 Comments

Currency Auction Results, 11th Sept

Currency Auction Results, 11th Sept

11 September 2014

By John Lee. The Central Bank of Iraq (CBI) has reported that 18 banks took part in its currency auction on Thursday. A total of $195,372,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of...

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Posted in Banking & Finance0 Comments

Moving Beyond Tribalism

Moving Beyond Tribalism

11 September 2014

By Padraig O'Hannelly. The world has broadly welcomed the approval by the Iraqi parliament of the new cabinet of Prime Minister Haider al-Abadi. While the formulation of the new cabinet attempts to keep all factions involved and working together, it was clear from al-Abadi's speech that his...

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Posted in Blog, Politics, Security0 Comments

Oil Discovered at Block 9

Oil Discovered at Block 9

10 September 2014

By John Lee. Shares in Dragon Oil closed up 0.2 percent on Wednesday following the discovery of oil at Block 9. Kuwait Energy, Dragon Oil's partner in Block 9, issued the following update on the exploration well, Faihaa-1, being drilled in the block: Kuwait Energy announces that the...

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Posted in Oil & Gas0 Comments

More Companies Join IBBC

More Companies Join IBBC

10 September 2014

By John Lee. The Iraq Britain Business Council (IBBC) has welcomed two new members: Zaha Hadid Architects (ZHA), the internationally renowned design firm – with British-Iraqi Pritzker Architecture Prize winner Zaha Hadid at its helm – is set to bring its bold and visionary design to Iraq,...

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Posted in Construction & Engineering, Industry & Trade0 Comments

UK Gives Arms to KRG

UK Gives Arms to KRG

10 September 2014

By John Lee. At the request of the government of Iraq to provide urgent military support, the UK will supply heavy machine guns and nearly half-a-million rounds of ammunition. China's Xinhua news agency values the assistance at $2.6 million (3 billion Iraqi dinars). According to the...

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Parliament Approves the Abbadi Cabinet

Parliament Approves the Abbadi Cabinet

10 September 2014

The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The new Iraqi...

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Posted in Politics0 Comments

Video: Kurdish Ties to Iraq Continue to Thin Out

Video: Kurdish Ties to Iraq Continue to Thin Out

10 September 2014

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Kurdish officials have said that they will support the Iraqi central government and Prime Minister Haider al-Abaddi's cabinet for a three month trial period. But...

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Video: Interview with Hoshyar Zebari

Video: Interview with Hoshyar Zebari

10 September 2014

From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. CNN's Christiane Amanpour speaks with Iraq's new Deputy Prime Minister Hoshyar Zebari....

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Posted in Security0 Comments

Video: Iraq’s Govt – United and Inclusive?

Video: Iraq’s Govt – United and Inclusive?

10 September 2014

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. New prime minister Haider al-Abadi wins parliamentary approval for a power-sharing cabinet. Adrian Finighan speaks to Tariq al Hashimi - a former vice president of...

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Currency Auction Results, 10th Sept

Currency Auction Results, 10th Sept

10 September 2014

By John Lee. The Central Bank of Iraq (CBI) has reported that 15 banks took part in its currency auction on Wednesday. A total of $181,154,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of...

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Posted in Banking & Finance0 Comments

Weekly Security Update, 02 – 08 September 2014

Weekly Security Update, 02 – 08 September 2014

10 September 2014

On 08 September, the Iraqi Parliament voted to form a new government around Prime Minister Haider al-Abadi. The vote did not include the key positions of Defense and Interior Ministers however, which were previously occupied by Nouri al-Maliki and are considered crucial to the Sunni participation in...

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Posted in Weekly Security Update0 Comments

Dhi Qar to Invest $430m in Power Projects

Dhi Qar to Invest $430m in Power Projects

09 September 2014

By John Lee. The Dhi Qar governorate intends to invest 500 billion Iraqi dinars ($430 million) in power projects in the next three years, according to a report from Emirates 24/7. Shanan Al Zamli, chairman of the electricity committee in the governing council, told al-Sumaria that the...

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Posted in Construction & Engineering0 Comments

Iran-Iraq Gas Pipeline Completed

Iran-Iraq Gas Pipeline Completed

09 September 2014

By John Lee. The Iranian Fars News Agency has reported that construction of Iran-Iraq gas pipeline, which runs to the Al-Mansoureh power plant in Iraq, is now complete. A source told the news agency that supply of Iranian gas along the 48-inches-diameter pipeline should have started already...

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Posted in Oil & Gas0 Comments

Audi Halts Exports to Iraq

Audi Halts Exports to Iraq

09 September 2014

By John Lee. German car maker Audi has said that supply of its cars to Iraq is "on hold". Jan-Hendrik Schmitt, Audi Middle East’s Sales Director, added that "Audi Middle East is working to support its dealer-partner during this difficult time and until the situation improves” . GulfNews...

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Posted in Industry & Trade, Transportation0 Comments

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