A United Nations convoy of three vehicles travelling from the Baghdad International Airport to the International Zone was hit with at least one explosion on Sunday. No UN personnel were killed or injured in the incident and all proceeded safely back to the UN Compound. One of the vehicles sustained serious damage. The Special Representative […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Monday. A total of $227,320,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Special envoy of the Government of India, Ambassador Suresh K Reddy visited the KRG Department of Foreign Relations to discuss latest developments and the opening of India’s Consulate General in Kurdistan. Ambassador Reddy appreciated the continued support of the DFR for the Indian mission in Iraq and pledged to continue working with the Kurdistan Region […]
By Samar Rassam-Whitticombe, CEO of Somer Industrial Projects (SIP). This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. My focus this issue is two-fold; firstly political stability and secondly the creation of a sustainable, successful private sector to promote a positive business and physical environment. I […]
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. Rape, Slavery, Hunger Strikes, Escape Attempts – Iraqi Doctors Tell Of Kidnapped Yazidi Women They Treat [Picture: Yazidi (Yezidi) Temple in northern Iraq.] Three months ago, the extremist group known […]
By John Lee. Iraq has inaugurated a 162-MW power station designed and built by Iran's MAPNA Group in the Heidarieh [Haidariya] district, some 25 km north of Najaf. Iran's PressTV reports that the opening ceremony on Thursday was attended by the Iranian and Iraqi energy ministers. According to the report, Iran's Energy Minister, Hamid Chitchian, […]
KRG Deputy Prime Minister Qubad Talabani inaugurated the Cargo Village at Suleimani International Airport with the laying of a foundation stone for a new terminal. The ceremony was attended by several Kurdistan Regional Government Ministers, the Governor of Suleimani, other government officials and business people. Deputy Prime Minister Talabani highlighted aviation as an essential backbone […]
By John Lee. Foreign Minister, Dr. Ibrahim Al Jaafari, stressed that the strategic priorities of the Iraqi diplomacy is to restore Iraqi-Arab relations to normal, calling for intensifying efforts and cooperation to eradicate terrorism, which today constitutes a threat to all countries in the region. These statements came during the official visit carried out by […]
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 turning point was reached the moment Grand Ayatollah Ali al-Sistani, the supreme religious authority in Iraq, opened the doors of his office in Najaf to Prime Minister Haider al-Abadi on Oct. […]
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. Iraq's Shiite Militias To The Rescue: Force for Sectarian Unity Or Thorn In Anbar's Side? Shiite militias are making inroads into the mainly Sunni province of Anbar. Previously Anbar's Sunni […]
By John Lee. In a joint meeting held on Thursday between the Kurdistan Region Prime Minister, Nechirvan Barzani, Deputy Prime Minister, Qubad Talabani, and Iraqi Oil Minister Dr. Adel Abdul Mahdi in Erbil, both sides agreed to reach a comprehensive settlement of all the outstanding issues between the Iraqi federal government and the Kurdistan Regional […]
By John Lee. Iraq’s State Oil Marketing Organisation (SOMO) has adjusted its official selling prices for its Basra Light and Kirkuk crude grades for December. In common with some other countries, Iraq’s oil is priced relative to regional benchmark prices: For shipments to US, contracts are priced are relative to the Argus Sour Crude Index […]
