Archive | 2016

Iraq to link Rail Network with Iran

By John Lee. Iraq's state-run Iraqi Republic Railways (IRR) announced on Tuesday that it plans to link its rail network to that of neighbouring Iran. IRR Information Director Abdul Sattar Mohsen told Anadolu Agency that Iraqi and Iranian officials had already held several meetings to discuss the project. He added that several international companies had […]

Iraqi Forces Resume Mosul Offensive

Iraqi security forces announced on Thursday that several elements of the Iraqi army, federal police and Counter Terrorism Service have initiated a simultaneous advance, with coalition air and artillery support, along three axes to defeat the Islamic State of Iraq and the Levant in Mosul, Iraq’s second-largest city. On the north axis, units of the […]

IBBC Celebrates Successful Inaugural Conference in Dubai

More than 180 expert speakers and delegates from the UK, Iraq, UAE and abroad gathered in Dubai at The Address Dubai Marina on Sunday 18 December for the Iraq Britain Business Council’s (IBBC) Autumn Conference. Usually held in London, the well-attended conference marked the first time the IBBC has held an event in the UAE, […]

EU commits additional €7m for Children in Iraq

A new €7-million contribution from the European Commission's Directorate-General for European Civil Protection and Humanitarian Aid Operations (ECHO) to support UNICEF’s work in Iraq brings the total amount of ECHO assistance committed to UNICEF Iraq in 2016 to €20 million. This additional support comes at a critical time as families continue to flee Mosul, humanitarian […]

Iran, Iraq Eye Visa-Free Travel

Iran’s Ambassador to Iraq Hassan Danaeifar said Tehran and Baghdad have been considering a step to lift visa requirements for travelers from the two neighboring countries. Speaking to Tasnim News Agency, Danaeifar highlighted the latest measures to abolish the visa regime between Iran and Iraq, saying that it would lead to more travels between the […]

Abadi says Three Months needed to rout IS

By John Lee. The Iraqi Prime Minister said on Tuesday that it would take three months to remove the Islamic State group (IS, ISIS, ISIL, Daesh) from Iraq. According to a report from Reuters, asked to respond to comments by the commander of the coalition supporting Iraqi forces that it would take as long as […]

Counter-ISIL Strikes Continue in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, and remotely […]

Currency Auction Results, 28th Dec

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 16 remittance companies took part in its currency auction on Wednesday. A total of $169,390,375 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Egypt plans to Import Oil Directly from Iraq

By John Lee. According to a report from Reuters, Egypt hopes to finalise a deal by the first quarter of 2017 to import crude oil directly from Iraq. Petroleum Minister Tarek El Molla (pictured) told reporters that Egypt aims to import between 1 million and 2 million barrels per month from Iraq: "We already use […]

Iraq Oil Minister meets with ExxonMobil Boss

By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] met with ExxonMobil senior executive Brad Corson, to discuss development of the Iraqi oil industry. Mr. Allibi said that the ministry of oil is aiming to develop relations with Exxon Mobil to develop the oil and gas sector in Iraq. Mr. Corson said that his […]

Iraqi-French Business Council Economic Forum

The Iraqi-French Business Council Economic Forum was held in Bagdad on the 1st of Dec. 2016 in its 10th session under the joint patronage of the Iraqi and French governments. The Forum activities opened with a welcoming speech by Dr. Sami Al- Araji, NIC Chairman through which he reviewed the history of establishing the Iraqi […]

Alliant Wins More Iraqi Business

By John Lee. Alliant Techsystems Inc. has been awarded a $16,946,770 firm-fixed-price modification (P00007) to previously awarded contract FA8106-16-C-0004. The contractor will fully develop and implement a modification in Iraq to install five MX-15 HD systems and upgrade all Cessna 208 aircraft to HD video. Work will be performed in Iraq, and is expected to […]