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. Teenage Fanclub: In Mosul Extremists Ramp Up Under-20s Recruitment One of the latest inventions by the Islamic State in Mosul is the mobile pulpit. Most recently a caravan for propaganda […]
By John Lee. Bahraini businesses are investing heavily in Iraq, according to a report from Gulf Daily News (GDN). The country's Ambassador to Iraq, Salah Al Malki [Salah Hassan Al-Maliki] (pictured), told GDN: "In recent years, due to an influx of pilgrims going to Iraq, we have seen a surge in the number of Bahraini […]
By John Lee. Jean-Louis de Brouwer, head of the European Union's humanitarian aid department, warned on Thursday that the situation in Iraq is deteriorating rapidly, while the world is preoccupied with crises elsewhere. He told The Associated Press that the number of displaced people in Iraq has quadrupled in the past year and shows no […]
Atmospheric Water Solutions (AWS) has shipped and successfully installed two commercial Aquaboy 300’s in Northern Iraq. With both machines combined, they will produce up to 600 gallons of pure drinkable water from the air per day. Cedric Turlan, information officer for the NGOs Coordination Committee in Iraq (NCCI), said: “The water shortage is a real […]
By John Lee. Iraq's oil exports hit a record 3.08 million bpd in April, according to Reuters, up from 2.98 mln bpd in the previous month, Exports from the southern terminals reached 2.627 million bpd, while exports from the north via the Kurdistan pipeline were 450,000 bpd. At an average price of $51.70 per barrel, […]
By John Lee. Reuters reports that Iraq is approaching credit rating agencies to obtain a sovereign credit rating as it prepares for its first international bond sale for nine years. Finance Minister Hoshiyar Zebari (pictured) told the news agency: "We started the process ... The banks are also trying to help us in that direction.” […]
The Washington DC-based think tank the Bipartisan Policy Centre (BPC) says the United States must look for a new reliable strategic partner such as the Kurds, to replace Turkey, as Turkey is no longer a dependable ally. According to the BPC, Turkey has failed to secure the length of its 560 mile with Syria against the […]
By John Lee. The French retailer Groupe Auchan has announced that its hypermarket in Erbil has closed down. The company described the closure as a "non-anticipated decision ... by the SI Retail shareholders, the English-law firm managing locally the hypermarket, due to the difficult situation encountered in the country." SI Retail signed an Auchan franchise […]
Under the auspices of Haidar Al-Abadi, Prime Minister of Iraq, UNESCO and the Government of Iraq launched today an ambitious three year project titled ‘Reforming technical and vocational education and training in Iraq’ that is funded by the European Union. The overall aim of this project is to enhance the role of technical and vocational […]
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. Tikrit After The Extremists: A Ghost Town Ruled By Gunmen It's been almost a month since the Islamic State group was expelled from Tikrit. NIQASH went there and found a […]
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. It appears that neither Iran nor Saudi Arabia, the two rival parties to the proxy and direct wars in the Middle East, was satisfied with the signals sent by Iraqi Prime […]
Iraq’s Deputy Prime Minister, Dr Bahaa Al Araji (pictured), told a high level international conference in Baghdad on Wednesday that his country recognised the vital importance of foreign investment and Iraq was full of opportunity. Dr Bahaa said the Government was ready to extend all facilities and offer incentives for businesses to come to Iraq. […]
