With Iraq on the verge of a massive funding shortfall, European Commission steps in to provide vital, frontline support The European Commission's Humanitarian Aid and Civil Protection Department (ECHO) has made a € 3,000,000 contribution to UNICEF in Iraq to support the distribution of immediate life-saving supplies to tens of thousands of families displaced by […]
By John Lee. The Institute for Economics and Peace has ranked Iraq 161st out of 162 countries in its 2015 Global Peace Index. The Global Peace Index measures the state of peace in 162 countries according to 23 indicators that gauge the absence of violence or the fear of violence. The 2015 report made the […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's security and armed forces suffer from a lack of intelligence-gathering capabilities that has affected their ability to draft plans and mechanisms for combating terrorism. The parliament's Security and Defense Committee […]
By John Lee. SOS International (SOSi) of Reston, Virginia, has been awarded a $40-million (46.6 billion Iraqi dinars) contract for base life support at the Besmaya Compound in Iraq. The estimated completion date is 1st January, 2017. One bid was solicited with one received. SOSi recently won a similarly-sized contract for base life support at […]
The Kurdistan Region Council for Oil and Gas Affairs met on Wednesday with the five political parties of the Kurdistan Regional Government, KRG. Recent developments regarding oil and budget issues between the KRG and the Iraq Federal Government were discussed. It was reaffirmed that the KRG has been abiding by the December agreement with Baghdad […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Kurdistan in 10 Years: The Future For the Kurdish, The End of Iraqi Borders? As Turkish voters went to the polling booths, Iraq's Kurds were watching eagerly. The result, which […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The prominence of jihad as a concept in Islamic culture is evident from the texts and cultures of different Muslim societies. Recently, jihad has undergone major developments with the emergence of radical […]
By John Lee. Reuters reports that exports from Iraq's southern terminals have averaged 3.00 million barrels per day in the first 15 days of June, up from 2.69 million bpd in the month of May. The increase is due in part to the splitting of Basra crude into two grades, Basra Heavy and Basra Light. […]
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. Wednesday and 8 a.m. Thursday, local time, noting that assessments of results […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Attitude Adjustment: Are the US and Iran-Backed Militias Getting Friendlier? Last week Captain Amir al-Saadi, whose unit is based in the Habbaniyah camp in the Anbar province, received a phone […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 22 banks and 2 remittance companies took part in its currency auction on Thursday. A total of $203,545,125 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
The KRG's Ministry of Natural Resources (MNR) notes the decision by the Seoul Western District Court in Korea to grant an application from the Korean National Oil Company (KNOC) ordering the Korea Times newspaper to delete all published articles relating to allegations by a Korean MP of a misuse of funds by the KRG and […]
