Tag Archives | featured

KRG Moves to Outlaw Porn

By John Lee. According to a report from BasNews, members of the Kurdistan Region parliament have put forward a draft law blocking pornographic websites in Iraqi Kurdistan. MP Bahzad Darwesh from the Kurdistan Islamic Union (KIU) told the publication that 27 MPs signed a draft law on 20th September, proposing the Kurdistan Regional Government (KRG) […]

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Iraq sees Exodus of Minorities

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Media outlets are broadcasting the departure of hundreds of thousands of Syrians and Iraqis from their countries toward Europe by boat, train or on foot. The scenes of escape and displacement coupled with panic […]

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Nine Coalition Strikes Hit ISIS in Iraq

By Simon Kent. The US Department of Defence have announced 9 Coalition air strikes in Iraq, normally indicative of 24hrs of activity, in addition to several strikes launched against ISIS in Syria. The recent strikes indicate a wave of ISIS activity on the northern fronts where the Kurdish Peshmerga are battling ISIS, and at Baiji, […]

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ShaMaran, TAQA, in Dispute over Atrush

Canadian-based ShaMaran Petroleum and TAQA, the Abu Dhabi National Energy Company, are in dispute regarding the Atrush block in Iraqi Kurdistan. In a statement to the markets on Monday, ShaMaran said that its wholly owned subsidiary, General Exploration Partners (GEP), has received a Default Notice from TAQA Atrush B.V., the Operator of the Atrush Block, […]

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France’s Total meets with Oil Minister

By John Lee. Oil Minister Adel Abdel Mahdi [Adil Abd Al-Mahdi] met on Sunday with a delegation from the French oil company Total, lead by Mr. Pascal Carrier. The Minister confirmed that Iraq is keen to foster relations with companies such as Total, and aims to expand cooperation in the field of oil and energy […]

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Moody’s Rates Iraqi Govt Bonds

Moody’s Investors Service has today assigned a provisional rating of (P)Caa1 to Government of Iraq’s planned USD-bond issuance, with a stable outlook. The rating was initiated by Moody’s Investors Service and was not requested by the rated entity. It is being assigned ahead of planned issuance of USD-denominated debt by the Iraqi government in the […]

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Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th Sept 2015). Please click here to download a table of listed companies and their associated ticker codes. Note: There will be no trading session at the ISX from September 23, 2015 to September 27, 2015 due to the national holiday, Eid Al-Adha. […]

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Militia Abuses Mar Fight Against ISIS

Iraqi government-backed militias carried out widespread destruction of homes and shops around the city of Tikrit in March and April 2015 in violation of the laws of war, Human Rights Watch (HRW) said in a report released on Sunday. Militiamen deliberately destroyed several hundred civilian buildings with no apparent military reason after the withdrawal of […]

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LC Waikiki Open New Basra Outlet

By Robert Tollast. LC Waikiki, the Turkish fashion corporation with outlets in 27 countries, has opened a new store at the new Basra Times Square shopping mall in the southern Iraqi city. The announcement was made on the company’s website, and will be the third outlet in Iraq after store openings in Baghdad and Erbil. A […]

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Abadi’s Decentralisation Initiative

By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A series of protests in the streets of Iraq has been going on since July 15. The protestors demand the improvement of services and the elimination of administrative and financial corruption prevailing in the […]

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1000 Attend Baghdad Classical Concert

By Robert Tollast. Attending a great live music event is something many of us will share on Facebook– well that’s if you’re the type who loves social media. Some go further and spend the entire concert trying to film it on their phone or live tweeting and talking loudly…but enough about those people. When the […]

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