Archive | 22nd September 2012

Lucent to Pay $4.2m over Iraq 911 System

By John Lee. An Alcatel-Lucent subsidiary, Lucent Technologies World Services Inc. (LTWSI), has agreed to pay the United States $4.2 million to settle False Claims Act allegations that it submitted misleading testing certifications to the Army in connection with the design, construction and modernization of Iraq’s emergency communications system, the Department of Justice announced today. […]

KRG Attends 22nd Economic Forum in Poland

By John Lee. A delegation from the Kurdistan Regional Government (KRG) took part in the 22nd Economic Forum held in Poland earlier this month. The delegation included the KRG Minister of Planning, Dr Ali Sindi, the Chairman of the Kurdistan Board of Investment, Minister Herish Muharam, and the KRG representative to Poland, Mr Ziyad Raoof. […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th September 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,412 / $1,527  (-0.1%) (weekly change). The number of week traded shares was 6.4bn and the weekly trading volume was ID12.7bn ($10.6mn). ISX Company Announcements […]

The Iraqi Airline that Leaves Early, Late, or Not At All

By Haider Najm. 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. Passengers forced to sit in the aisle because of overbooking, others missing flights because the plane left early. Flying in Iraq isn’t exactly glamorous as Iraq’s […]