By John Lee. Iraq’s former Finance Minister Hoshyar Zebari has lost an appeal at the country's federal court against his removal as minister by the parliament. Rudaw reports that the 62-year-old former minister lost his appeal 6 to 3 votes on Tuesday. The Iraqi parliament withdrew confidence from Zebari in September, in a move that […]
By John Lee. Reuters reports that Zain Iraq is to pay $94 million to settle a tax case related to the 2007 acquisition of rival operator Iraqna from Egypt's Orascom Telecom. Iraq's General Commission of Taxes (GCT) claimed Zain Iraq owed $187 million in capital gains tax due on its $1.2 billion purchase of the […]
Siemens has appointed Musab Alkateeb (53) as Chief Executive Officer (CEO) of the company’s operations in Iraq, effective January 1, 2017. Alkateeb will take over from Nael Ghali, and has more than 15 years’ experience working across various sectors in Iraq including oil and gas, finance, business development, IT and trade. Thomas Schmidt (37) takes […]
In many countries, children dream of snow at Christmas. But in Northern Iraq, where temperatures plummet to well below zero, hundreds of thousands of displaced children wish only for warmth as they battle for survival. Please help Iraq’s children survive the winter. Just £25 ($32) could provide a family with warm winter blankets to protect […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq 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, bomber, fighter […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 16 remittance companies took part in its currency auction on Thursday. A total of $162,956,998 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Output from BP’s Rumaila oilfield has hit the milestone three billion barrel mark, according to a report from Energy Voice. The field is producing oil at its highest rate in 27 years; since BP joined the partnership to redevelop the field in 2010, output has increased by 40 percent. In the past […]
UNHCR welcomes contribution from Germany to help protect and assist displaced Iraqis UNHCR, the UN Refugee Agency, has welcomed the latest contribution of Euro 3m from Germany to provide protection and assistance to more than 3 million displaced Iraqis. This latest funding brings the total amount received from Germany to Euro 24m in 2016 and […]
Shaping the Reform of Technical and Vocational Education in Iraq: Stakeholders’ Consultation on new Vocational Qualification Framework and Governance System UNESCO Office for Iraq, in cooperation with the Federal Government in Baghdad and the Kurdistan Regional Government, has developed a proposal for a new Vocational Qualification Framework (VQF), as well as a coherent and cost-effective […]
EU increases humanitarian aid to Iraq by €25 million as more planes arrive to help Mosul The European Commission has stepped up its response for the humanitarian crisis in Iraq by a further €25 million, bringing total EU humanitarian aid to €159 million in 2016. The new funding comes in addition to aid deliveries this […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq on Sunday, 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 and fighter aircraft […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 35 banks and 15 remittance companies took part in its currency auction on Tuesday. A total of $163,091,508 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
