By Shukur Khilkhal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The war against terrorism and a decrease in oil prices resulted in Iraq running a deficit in its 2015 budget. This has been accompanied by tensions in Iraq and neighboring countries […]
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. Not Minding Their Own Business: US Draft Law Causes First Major Political Upset In Baghdad's New Govt A recent piece of proposed legislation sponsored by US Republicans has caused some […]
UNICEF Announces the Results of the Family Survey on Water Usage The UNICEF Iraq WASH programme, in cooperation with the Administration Institute/Ressafa –the Technical College, with support from the European Union, organized a conference at the Administration Institute/Ressafa to announce the final results of thepilot family survey on water usage. The survey was conducted by […]
By John Lee. Quantitech Inc., Huntsville, Alabama, has been awarded a $9,999,908 firm-fixed-price contract to procure systems engineering, test and evaluation, and computer resources supporting the Counter-Rocket, Artillery, Mortar Program Directorate (C-RAM) in Iraq and Afghanistan with capability integration with the Air and Missile Defense Planning and Control System. Work will be performed in Huntsville, […]
By John Lee. FIFA, the international federation governing soccer, has reportedly lifted a ban on playing friendly football matches in Iraq. A spokesman for the Ministry of the Youth and Sport told AIN that the head of FIFA, Joseph Blatter (pictured), has agreed to allow friendly football matches in advance of a complete lifting of […]
The Basra Compact, a flagship partnership to revive the economy in southern Iraq The authorities of Basra and the UN Development Programme (UNDP) have signed a flagship agreement, the Basra Compact, aiming at strengthening participatory and accountable governance and reviving the economic activity in the southern governorate, which is not just oil-rich but needs to […]
By Madeleine White, capacity building specialist and co-founder of Nina Magazine “Emerging markets will be a driving force in sustainable economic growth. If civil society is fully and inclusively engaged in the economy, the significant population growth rate will lead to greater consumption and therefore greater economic growth. Cash rich emerging markets with an inclusive […]
By John Lee. The State Department approved a possible Foreign Military Sale to Iraq for Ammunition and associated equipment, parts and logistical support for an estimated cost of $395 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale. The Government of Iraq has requested a possible sale of […]
By John Lee. The Kurdistan Regional Government (KRG) has published the Monthly Export Report for April, 2015. The detailed report provides a summary of crude oil exports in April through the Kurdistan pipeline network to the port of Ceyhan in Turkey. The report also indicates the volumes provided to SOMO by the KRG in line […]
By Dr Natalie Schoon, Islamic finance expert. This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. At a time when women generally had little to no rights, the Quran introduced equality between genders. Women were not owned by their husbands, but were considered independent and could have their […]
By John Lee. The parliamentary economic and investment commission has reportedly said that the Central Bank of Iraq (CBI) is not able to redenominate the Iraqi dinar, deleting the three zeros. According to a report from Shafaq News, this is "due to the unstable economic situation." Instead, new banknotes worth 50,000 dinars are to be […]
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 Imran Khan, reporting from Baghdad, explains ISIL's gains and losses in Iraq.
