By John Lee. DynCorp International, of Fort Worth, Texas, has been awarded a $45,470,349 cost-plus-fixed-fee foreign military sales contract with options for technical support for multiplatform vehicles. Work will be performed in Iraq with an estimated completion date of 4th September, 2018. According to the announcement from the US Dept of Defense, one bid was […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Attack, fighter and remotely piloted […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Aug 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,258 (-1.0%) / $1,317 (-0.2%) (weekly change) (-9.7% and -11.1% YTD change, respectively). The number of week traded […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As temperatures soar across Iraq, public discontent is also close to boiling point. Iraqis are protesting against government corruption and power shortages. Al Jazeera's Mohammed Jamjoom reports from Baghdad - where security has […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Corruption, attacks, the battle against ISIL, a fragile economy, and political chaos--just some of the challenges facing Iraq. After weeks of protests calling for better government services and an end to corruption. Prime […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks and 6 remittance companies took part in its currency auction on Monday. A total of $286,321,146 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
The United Nations Development Programme (UNDP) and the Government of Japan have signed a US$ 1 million emergency grant agreement to stimulate stabilization and recovery initiatives in newly liberated areas in Iraq. The grant will be channeled through the Funding Facility for Immediate Stabilization (FFIS) which is managed by UNDP under the leadership of the […]
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. At the beginning of February, a British archaeological excavation mission unveiled at the ruins of Ur a large trade center that is the oldest in the world, going back to the Old Babylonian period […]
A severe funding shortfall has led to the closure of 84% of health programmes supported by humanitarian partners, including the World Health Organization (WHO), in Iraq, leaving almost 3 million people without access to urgently needed heath care services. More than 184 front line health services in 10 governorates have been suspended, leaving millions of […]
“Women can be powerful poles for positive change and participate in innovative efforts to inform, shape and implement policies and programs to mitigate the effectsof conflict and violent radicalization”, said Gyorgy Busztin, Deputy Special Representative of the United Nations Secretary-General for Iraq (DSRSG), at the opening of the two-day National Conference on ‘Empowering Women to […]
By John Lee. Washington DC-based lobbying and legal services firm Squire Patton Boggs has reported that it is no longer acting for the Kurdistan Regional Government (KRG). In a statement made pursuant to the US's Foreign Agents Registration Act (FARA), the company also confirmed that it had performed no reportable activity on behalf of the […]
At Iraq Business News, we are committed to providing our readers with the very best business information on Iraq. To that end, we are delighted to announce the launch of our new Reference pages, which will support our news service by giving all the background information that our readers need about the country. We are […]
