Archive | 2016

Video: Internally Displaced Struggling in Camps

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Mosul offensive, which has been going on for about two weeks now, has seen several villages, towns and cities damaged or destroyed. The fighting will add to the hundreds of thousands of […]

Currency Auction Results, 31st Oct

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 15 remittance companies took part in its currency auction on Monday. A total of $148,924,319 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

How oil is bringing Iraq, Egypt closer

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Iraqi Oil Minister Jabar Ali al-Luaibi called on Egyptian companies to participate in oil investment contracts. He said during a meeting with the Egyptian ambassador in Baghdad, Hassan Ahmed Darwish, […]

Air Force Engineers Repair Runway in Iraq

Three months ago, four Air Force engineers with the 1st Expeditionary Civil Engineer Group arrived in northern Iraq to conduct a reconnaissance mission for what would become a historic undertaking. The engineers were informed their task had never been attempted in Iraq. Their mission: Mitigate runway damage caused by the Islamic State of Iraq and […]

Euphrates Islands: The Last Stages in the Fight against IS

By Muhannad Al-Ghazi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The battle of the Euphrates islands: The last stages in the fight against IS Many islands in the Euphrates River in Anbar province have been or still are under the control of the Islamic State […]

20 New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Communication/Public Information Associate, United Nations Assistance Mission for Iraq (UNAMI) ICLA Project Coordinator, Norwegian Refugee Council (NRC) WASH Officer- Community Mobilizer, Norwegian Refugee Council (NRC) WASH Officer- Database, Norwegian Refugee Council (NRC) WASH Project Coordinator, Norwegian Refugee Council (NRC) WASH Officer- Technical, Norwegian […]

11 New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Cash, NFI and Distribution Project Manager, Danish Refugee Council (DRC) WASH and Shelter Project Manager, Danish Refugee Council (DRC) Procurement Associate, United Nations Development Program (UNDP) Multimedia Assistant, United Nations Development Program (UNDP) Administrative Assistant, United Nations Development Program (UNDP) Finance […]

Displaced Women care for their own as Mosul Battle rages

By Marta Bellingreri for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  More than 5,600 people have been displaced in just the first three days of fighting after Iraqi forces launched their offensive on Mosul to oust the Islamic State from Iraq's […]

Special Forces 1 Mile from Mosul; 772 Terrorists Killed

The Iraqi Ministry of Defense announced on Friday afternoon that Special Forces from the elite "Golden Division" (Counter Terrorism Services, CTS) have advanced to the town of Tob Zawa, and are now one mile from Mosul. This is despite a desperate attempt by Daesh to slow progress by setting fire to the Mishraq Sulphur Plant. […]

Egypt's EGPC gets 20% of Siba Oilfield

By John Lee. Kuwait Energy (KEC) has reportedly signed a farm-out agreement giving Egypt General Petroleum Corporation (EGPC) a 20 percent participating interest for Iraq's Siba oilfield. According to Reuters, the agreement is subject to Iraqi regulatory approval. Kuwait Energy has not published any information about the deal on its website. The two companies are […]

ISIL Oil Revenues Slashed

Iraqi and Kurdish forces are about 5 miles from Mosul’s outskirts and are clearing towns and villages to the north, east and south of Iraq’s second-largest city, Pentagon Press Operations director Navy Capt. Jeff Davis told reporters yesterday. The United States is seeing what Davis called “unprecedented cooperation” between the Iraqi and Kurdish forces, which […]