The International Finance Corporation (IFC), a member of the World Bank Group, has invested a total of $410 million (including $125 million in mobilization) in Iraq to support the development of the nation’s private sector, with a special emphasis on improving access to vital infrastructure and supporting the manufacturing sector. In fiscal year 2016, IFC […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Wednesday, 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, bomber, fighter and […]
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Turkmens, who are citizens of Iraq with Turkish origins, have been calling for their own independent province in the Tal Afar district west of Mosul, located in the […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 14 remittance companies took part in its currency auction on Thursday. A total of $152,418,592 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Iraqi army and Kurdish Peshmerga forces have begun a new two-pronged offensive against ISIL in Mosul, from the northeastern Bashiqa region and through eastern Bartella villages. The goal of this northeastern push […]
IFAD to begin investment in Iraq to address challenges of agriculture and rural development The development of the first strategic roadmap for investment in smallholder agriculture and rural development in Iraq is the focus of a high-level meeting being held in Amman from 18 to 20 October. Organized by the International Fund for Agricultural Development […]
The commander of U.S. Central Command detailed the progress of the Mosul offensive in Iraq and also spoke of the long-range strategies for the United States in the Middle East during a discussion at the Center for American Progress here today. Army Gen. Joseph L. Votel answered questions from former Deputy Defense Secretary Rudy DeLeon, […]
Statement by Dr. Babatunde Osotimehin (pictured), United Nations Under-Secretary-General and Executive Director of UNFPA, to the United Nations Population Fund, on the Protection of Women and Girls in Mosul: I am deeply concerned about the rapidly escalating humanitarian crisis in Mosul, Iraq, and the heightened threat to the health and lives of pregnant women who […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Tuesday, 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, fighter and […]
In Mosul, women and children face impossible choice: risk their lives fleeing city or stay for battle to come As the military operation approaches Mosul, the International Rescue Committee (IRC) warns that residents, including up to 900,000 women and children, will have to make the terrible decision to risk their lives escaping ISIS, or stay […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 14 remittance companies took part in its currency auction on Wednesday. A total of $146,492,691 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. WesternZagros Resources has announced that it has reached agreement with its major shareholder, Crest Energy International, to further extend the date by which the Company must deliver to Crest the first drawdown notice (the "Drawdown Deadline") for both debt tranches. Pursuant to the terms of the Loan Agreement, Crest has agreed to […]
