By John Lee. The Ambassador of Belarus to Turkey and Iraq (non-resident), Andrei Savinykh, is paying a working visit to Baghdad this week. On 1 July he held meetings with Iraqi Minister of Health, Adila Hammoud Hussein, and with the Iraqi Foreign Ministry. During the meeting with Adila Hammoud Hussein the parties discussed the possibility […]
By John Lee. Iraq has joined more than 30 countries in banning poultry imports from the United States because of bird flu, following the worst outbreak of avian influenza in US history. Bloomberg reports that the ban, announced on Wednesday, is to last for three months. Figures from the US Department of Agriculture (USDA) show […]
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, which took place between 8 a.m. Tuesday and 8 a.m. Wednesday, local time, noting that assessments of results […]
By John Lee. As part of its on-going review of compliance with anti-money-laundering (AML) and countering the financing of terrorism (CFT) standards, the Financial Action Task Force (FATF) has singled out Iraq as a "jurisdiction not making sufficient progress." In a statement, the FATF has said: "Despite Iraq’s high-level political commitment to work with the FATF and MENAFATF […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 6 remittance companies took part in its currency auction on Thursday. A total of $260,621,299 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
June oil exports from Iraq hit a record average of 3.187 million bpd, up from 3.145 million bpd in May. An average of 3.02 million bpd was exported from the Southern terminals (up from 2.69 million bpd in May), with exports via Ceyhan averaging just 164,700 bpd (down from 451,000 bpd in May). Southern exports were helped by the splitting of output […]
By John Lee. Lockheed Martin has been awarded an $119,200,000 cost-plus-fixed-fee, undefinitized contract action for contractor logistics support (CLS) for the Iraq F-16 program. The work will be performed at Balad Air Base, Iraq, with ongoing CLS support activity in Tucson, Arizona; Fort Worth, Texas; and Greenville, South Carolina, and is expected to be complete by […]
By John Lee. According to a report from TR Zawya, Iraq is planning to issue a total of $11 billion (13 trillion Iraqi dinars) in bonds in the next two months to cover the state budget deficit. Acting central bank governor Ali Al-Allaq told the news agency that the government would issue around $5 billion in domestic bonds […]
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, which took place between 8 a.m. Monday and 8 a.m. Tuesday, local time, noting that assessments of results […]
According to casualty figures released today by UNAMI, a total of 1,466 Iraqis were killed and another 1,687 were injured in acts of terrorism, violence and armed conflict in June 2015*. The number of civilians killed was 665 (including 94 civilian police and 136 in Anbar), and the number of civilians injured was 1,032 (including […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Archbishop of Lyon Monseigneur Philippe Barbarin visited Erbil, Kurdistan region in northern Iraq, to participate in the opening ceremony of the Saint-Irénée school for Iraqi children who fled Mosul after IS militants took control […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 25 banks and 7 remittance companies took part in its currency auction on Wednesday. A total of $246,413,346 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
