The Kurdistan Regional Government (KRG) has published its monthly crude oil export report for March 2016. The report details: All oil export volumes through the KRG-Ceyhan crude oil pipeline; all crude oil cargoes lifted from Ceyhan by the buyers; and the revenues received on account by the KRG during the month. The KRG exported 10,148,487 […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 31st Mar 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD839 (-3.5%) / $844 (-4.3%) (weekly change) (-23.1% and -26.3% YTD change, respectively). The number of week traded […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported on Sunday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and remotely […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 30 banks and 21 remittance companies took part in its currency auction on Sunday. A total of $79,005,544 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By Rami Khrais for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Do gas condensate exports represent new beginning for Iraq's hydrocarbon industry? Iraq exported its first shipment of gas condensate on March 20, from the port at Khor al-Zubair to Fujairah in […]
By John Lee. The Czech Republic has said it intends to send up to 35 instructors to Iraq in June to train pilots on the L-159 military jets recently bought from Prague. The mission would begin on 1st June at Iraq’s Balad Air Base and last until 2018, at a cost of 265 million koruna […]
By John Lee. Reuters reports that an Iraqi appeals court has upheld a ruling that mobile phone operator Zain Iraq must pay a $187-million tax bill related to the acquisition of a rival Iraqna from Egypt's Orascom Telecom in 2007. Unusually, says the report, the government tried to levy capital gains tax worth $187 million on […]
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. On March 12, US Consul General Steve Walker visited Al-Sadr Teaching Hospital in Basra to pay his respects to wounded members of the Popular Mobilization Units. The visit marked the first time […]
By John Lee. Prime Minister Haider al-Abadi nominated a new cabinet on Thursday, pledging to make political reforms to reduce corruption in response to sit-in protests in Baghdad led by Muqtada al-Sadr. Sixteen ministries will be changed, and the parliament will vote in ten days to either approve, reject or amend the proposed cabinet. No […]
Iraqi-born Architect Dame Zaha Hadid has died, aged 65. BBC News reports that she died following a heart attack on Thursday in a Miami hospital, where she was being treated for bronchitis. Among her many awards, she received the Pritzker Architecture Prize (considered the Nobel Prize of architecture) in 2004, and was the first woman […]
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is a great mine of antiquities, with around 13,000 historical and archaeological sites. But today, they lack protection in the absence of law and the deteriorating security conditions in the […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and remotely piloted […]
