By John Lee. Iraqi Parliament Advisor for National Reconciliation, ex-MP Wihda al-Jumaili, has told Aswat Al Iraq that "financial corruption" was discovered in the use of funds allocated to the National Reconciliation Project. She added that "despite spending much money, the project is not alive". Jumaili said that great amounts of money were spent during […]
UN Envoy Condemns Public Execution of Human Rights Lawyer, Ms. Sameera Al-Nuaimy “The public execution of well-known human rights lawyer and activist, Ms. Sameera Salih Ali Al-Nuaimy, in Mosul, is yet another of the innumerable sickening crimes committed against the people of Iraq by the Islamic State of Iraq and the Levant (ISIL)”, said the […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. France's prime minister on Wednesday vowed to continue its military action in Iraq until the local army can gain the upper hand against Islamic State militants surging through the country.
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Al Jazeera's senior political analyst Marwan Bishara comments on the unanimiously passed Security Council resolution on checking the flow of foreign fighters to Iraq and Syria.
By John Lee. Crompton Greaves Ltd (CG), part of the Indian company Avantha Group, has announced a $25-million new contract win for the design, construction and delivery of 16 mobile electrical substations. The order was placed by the General Directorate for Transmission, Upper Euphrates Region, Ministry of Electricity in Iraq. The key deliverables are engineering […]
By John Lee. Robt. Stone (ME) LLC (RSME) has to announced that it has signed a Joint Venture agreement with NSCC International Limited (NSCC), under the name of “NSCC-RSME”, to exclusively bid together for "projects of mutual interest beyond UAE with a particular focus on Iraq". The Joint Venture will primarily pursue EPC (Engineering, Procurement […]
A mass polio immunization campaign that was carried out this week in the midst of ongoing violence in Iraq has concluded successfully in all 18 Governorates throughout the country. The campaign was the first national polio vaccination activity since May. The five-day campaign was conducted between 14 and 18 September and was organized by the […]
By John Lee. Iraqi Oil Minister Adel Abdul-Mahdi [Adil Abd al-Mahdi] has reportedly promised to make Basra the economic capital of Iraq, but added that there are many obstacles to be solved in achieving this. During a visit to oil and gas installations in southern Iraq, the Minister pointed out the importance of the South […]
The United Nations Population Fund (UNFPA) this week inaugurated the first soccer pitch in the Domiz Camp for Syrian Refugees to enable the youth there enjoy their favorite game. The soccer field which was established in cooperation with the Domiz Camp Administration is funded by the Kuwaiti government and The US Bureau of Population, Refugees, […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is in the news for all the wrong reasons everyday, but on Sunday, something special happened. Some of the country's best musicians marked international peace day with a performance aimed at unifying […]
By John Lee. As part of its Interim Statement, Petrel Resources has given the following update on its Iraq operations: "The political uncertainty and civil strife in the Middle East makes it difficult to be optimistic about our activities in Iraq. But progress has been made. A new government has been formed. The Minister of […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 16 banks took part in its currency auction on Wednesday. A total of $200,896,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
