The new Croatian Ambassador to Iraq Mr Ivan Jurić has met with the KRG Foreign Minister Falah Mustafa, as part of his introductory visit to the Kurdistan Region. Minister Mustafa congratulated the Croatian Ambassador on his appointment, expressing the readiness of the Kurdistan Regional Government to provide necessary support for the success of his mission. […]
By Hal Miran, Editor-in-Chief, Bite.Tech. Tech has grown in prominence as a key sector in global economic health. It is now commonly accepted that an economy in which entrepreneurs have the freedom and resources to create and innovate tend to perform much more robustly. Intriguingly, one study on the effect of tech on a country’s […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th Nov 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ913 (-1.2%) / $905 (-1.9%) (weekly change) (-16.2% and -21.0% YTD change, respectively). The number of week traded […]
As the battle to recapture Mosul intensifies, the Norwegian Refugee Council (NRC) is increasingly concerned about the fate of 1.2 million Iraqis trapped in the city, who tell of desperate conditions trying to survive. Close to 50,000 people have fled Mosul since the military offensive began on 17 October to recapture the city from ISIS. […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The UN says its newest camp for those escaping the fighting in northern Iraq filled up in just four days. About 54,000 people have been displaced since Iraqi forces launched their offensive to […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Troops of Iraq's elite Counter-Terrorism Service resume their offensive against the Islamic State group on the streets of Mosul after several days of relative quiet.
By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 15 remittance companies took part in its currency auction on Monday. A total of $148,425,067 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. In its third-quarter results, Epic Gas says that increased LPG production at the Basrah Gas LPG plant has resulted in surplus tonnes available for export. The company said that it has recently noticed a growing number of pressure cargoes coming out from Iraq, and it expects to see this trend continue. (Source: Epic […]
By John Lee. Singapore-based Electro-Voice has supplied the sound system for the recently opened Karbala Olympic Stadium in Iraq. According to Entertainment Technology Press, audio for the project was provided by Baghdad-based APCO Electronics, which chose a sound system from Electro-Voice, including a multi-zone digital audio system, horn-loaded loudspeakers, amplifiers, microphones and wireless systems. The […]
By Saad Salloum for Al Monitor. Any opinions here are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi parliament's surprise decision to ban alcohol is raising challenges from many quarters, both for the law's content and the way it was passed. Some critics also say politicians […]
The Iraqi military forces and the Counter‑ISIL Coalition are driving Islamic State in Iraq further and further back. The people there urgently need help to overcome the impact of destruction and terrorism and enable internal refugees to return to their homes. The German Federal Foreign Office has significantly extended its engagement and is providing assistance […]
