Kurdistan Region President Masoud Barzani today welcomed Chief of Staff of the United States Army, General Raymond Odierno, who is visiting to assess firsthand the status of the fight against ISIS terrorists and the cooperation between the Peshmerga, the coalition forces and the Iraqi forces. General Odierno commended the bravery of the peshmerga forces and […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 20 banks took part in its currency auction on Wednesday. A total of $262,257,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Czech Foreign Minister, Lubomír Zaorálek and Deputy Defense Minister, Tomáš Kuchta, is to visit Iraq this week with a delegation of businesspeople to boost business deals, mainly in the defense sector. “Negotiations about the supplies of aviation technology, the pilots' training and the armoring of helicopters are underway there,” Kuchta told […]
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. No one in the southern Iraqi province Basra believed that families would flock to Hurriyah (Freedom) Square to see and sit by the new monument after it was greatly ridiculed in newspapers […]
A committee in charge of collecting accurate data and information on the conditions of Yezidi Kurdish women, abducted by the Islamic State in Iraq and Al-Sham, ISIS, terrorist organisation, is being set up. The decision was taken yesterday during the regular meeting of the Kurdistan Regional Government’s Women Rights Monitoring Board, chaired by the KRG […]
By John Lee. Defense minister Khalid al-Obeidi [al-Obaidi] (pictured) has warned that army generals who abandoned Mosul to the Islamic State in June are currently under investigation, and if found guilty will be sentenced to death. According to a report from BasNews, the Minister said most of the army generals and commanders in Mosul before […]
By John Lee. Iraq has been ranked 156th out of 189 countries in the World Bank's recent Doing Business 2015 report. Top of the list were Singapore, New Zealand and Hong Kong, with last place going to Eritrea, just behind Libya and the Central African Republic. Doing Business measures regulations affecting 11 areas of the […]
Following Prime Minister Haider al-Abadi’s decision to reshuffle senior security commanders, Deputy Interior Minister Adnan al-Asadi, an ally of former PM Nouri al-Maliki, was removed from his position. Since assuming office, Abadi has been seeking to clear key government positions from Maliki’s influence, which is effectively strengthening the Iranian-backed Badr Organisation and one of its […]
By John Lee. Swiss-based Sulzer has signed an agreement to form a joint venture with the Unaoil Group to service of rotating equipment for oil and gas, and power customers in Southern Iraq. The joint venture (JV) will operate under the name of Sulzer Rotating Equipment FZCO and will have offices in Dubai, with local operations […]
A resolution was introduced to the US Congress that would authorise the US government to supply military equipment, weapons, and training directly to Kurdistan Regional Government Peshmerga Forces. House Resolution 5747, a bi-partisan resolution, was introduced into the House Foreign Affairs Committee by Chairmen Ed Royce and Ranking Member Eliot Engel. The bill authorises the […]
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Who represents Iraq’s Sunnis? Iraqis have not answered this incredibly sensitive question. The danger of being unable to clearly answer this question is directly related to the war on the Islamic State (IS), as well […]
More than 300 thousand displaced Yezidi Kurds in Kurdistan Region The Kurdistan Regional Government Prime Minister’s envoy for people who fled ISIS terrorist organization from Sinjar, Dr. Nouri Osman Sinjari, said that since the capture of the town by ISIS, 263,000 have fled to Duhok, 20,000 to Erbil, 20,000 to Slemani, and a few to […]
