By John Lee. The Iraq Britain Business Council (IBBC) has announced that ARCHS is to join as a new member. ARCHS was established in Baghdad in 1950 by Mr Ali Charchafchi and has offices in Iraq, Jordan, UAE and UK. The company has grown substantially during the last decades and provides construction services in the […]
Minister Falah Mustafa, Head of the KRG foreign relations and his accompanying delegation visited the Swedish Section of the Amnesty International to discuss human rights violations committed by the terrorists of the Islamic State of Iraq and al-Sahm (ISIS, ISIL, IS). Mr. Mustafa stressed, “At times where our voices were not heard, Amnesty International and […]
By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Next to a row of abandoned shops, three peshmerga fighters warm themselves around a campfire at the entrance to Sinjar town as their comrades, backed by US-led coalition airstrikes, battle Islamic […]
Kurdistan Regional Government’s Prime Minister, Nechirvan Barzani, yesterday received General John Allen, Special Envoy of President Obama for the Global Coalition to Counter the Islamic State terrorist organisation, ISIS, and his accompanying delegation, which included his deputy Brett McGurk, who is also the Deputy Assistant Secretary for Near Eastern Affairs, the US Ambassador to Iraq […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 19 banks took part in its currency auction on Wednesday. A total of $216,081,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
National Overview International support for Iraq’s counter-ISIS offensive saw a further rally in the wake of last week’s terrorist attacks in Paris, with EU nations Sweden and Finland joining regional allies in preparing to send direct military training and assistance to Iraq’s fragile national armed forces. Coming shortly after PM Abadi announced that it could […]
By John Lee. Oil Minister Dr. Adel Abdul Mahdi [Adel Abdel Mehdi] (pictured) has said that Egypt would like to purchase 4 million barrels of Iraqi oil per month, equivalent to about 130,000 bpd. The Minister, who is accompanying Prime Minister Haider al-Abadi on his visit to Egypt, added that talks on subject are still […]
By John Lee. Delivering the keynote speech to the Al-Kindi Society for Engineers forum -- The Role of Engineering during Iraq's Crisis -- in London at the weekend, Baroness Emma Nicholson of Winterbourne (pictured) emphasised that short term investment in Iraqi infrastructure was essential for the long term benefit of the country. Baroness Nicholson, who […]
At the end of a six-day visit to Iraq, the president of the International Committee of the Red Cross (ICRC) vowed to scale up assistance to displaced people and the communities hosting them. President Peter Maurer witnessed the difficult conditions endured by people as a result of ongoing fighting, long periods of displacement, loss of […]
Kurdistan Region Prime Minister, Nechirvan Barzani, has welcomed Germany’s Defence Minister, Ursula von der Leyen and her accompanying delegation in Erbil, which included a number of military and political officials, a number of members of the German Bundestag, German Ambassador to Iraq and the German Consul General to the Kurdistan Region. The German Defence Minister […]
Sweden’s Minister for Foreign Affairs, Margot Wallstrom, received Minister Falah Mustafa, Head of the KRG Foreign Relations, on Monday to discuss bilateral ties and latest humanitarian and security developments in Kurdistan and the wider region. In welcoming Minister Mustafa and his accompanying delegation, Foreign Minister Wallstrom said, “We enjoy excellent relations with the Kurdistan Region […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 9 banks took part in its currency auction on Tuesday. A total of $108,383,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
