Royal Air Force Tornado GR4 aircraft have been in action over Iraq today in the fight against ISIL. This action is part of the international coalition’s operations to support the democratic Iraqi government. In the course of an armed reconnaissance mission from RAF Akrotiri, 2 Tornados were tasked to assist Kurdish troops in north west […]
Prime Minister Nechirvan Barzani yesterday met Turkey’s Prime Minister Ahmet Davutoglu in Istanbul on the sidelines of a World Economic Forum event. In the meeting both sides discussed the latest political and military developments in Iraq and the Kurdistan Region, the process of forming a new government in Iraq, the participation of the Kurdistan Region […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. It's been a day of mixed fortunes for the Islamic State in Iraq and the Levant. The group has been losing territory in Iraq, but making gains inside Syria. In Iraq, government forces […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. French expats in Erbil, Iraq, say they try to lead a normal life, despite threats against French citizens by the Islamic State. At the French school here, the walls have been enhanced and armed […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 20 banks took part in its currency auction on Tuesday. A total of $224,644,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By Anne-Laure Barbosa at Constellis Consulting High levels of violence continued to plague Iraq’s security environment, with general dynamics in line with pre-established patterns. Whilst ISF counter-offensives were successful in re-taking some of the lost territories in Anbar and Diyala, the situation remained generally stagnant, with pro-government forces and insurgents each failing to make major gains. […]
By John Lee. Iran's PressTV has reported that Iran plans to buiild at least 10 compressed natural gas (CNG) stations in Iraq. An official at the National Iranian Oil Products Distribution Company, said construction of the stations will start once the new pipeline carrying Iranian natural gas to Iraq becomes operational by March 2015. He […]
By John Lee. The General Services Office at the U.S. Embassy in Baghdad has awarded an Indefinite Delivery/Indefinite Quantity (IDIQ) contract worth nearly $5.2 million [6.1 billion Iraqi dinars] to VIZOCOM. The contract is for the provision of "Satellite Television Channel Broadcasting, Reception and Transmission Services at the U.S. American Embassy Baghdad, the U.S. American […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th September 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,5410 (-2.4%)/ $1,625 (-2.6%) (weekly change) (-19% and -18.2% YTD change, respectively). The number of week traded shares […]
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. Approximately 60% of the residents of the Salahuddin province, 175 kilometers (109 miles) north of Baghdad, work in farming. Salahuddin was ranked the top producing province in agriculture in 2012, and earned […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Sunni Arab population in Kirkuk has rapidly increased in recent months, with many fleeing fighting and making the province their new home. The influx has made it increasingly difficult for security forces […]
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 $201,637,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
