By John Lee. Iraq's Ministry of Oil has announced that it has agreed to limit its oil production target to 4.75 - 5 million barrels per day. The country is currently producing around 4.6 million bpd. Oil Minister Jabar Ali al-Luaibi (Allibi) is going to participate in the OPEC meetings at the end of November, […]
The Prime Minister of the Kurdistan Regional Government (KRG), Nechirvan Barzani, has praised the role of the private sector in stimulating Kurdistan’s economy, as the region is dealing with financial challenges. During a speech at a conference organized by the Kurdistan Federation of Chambers of Commerce and Industry on Sunday, Prime Minister Barzani said that […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Oct 2016). Note: ISX will be closed on Oct. 12, 2016 due to the Day of Ashura. Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ793 (+2.7%) / […]
UN Women Iraq engages civil society groups as important catalysts for change UN Women met with civil society groups in Erbil on 06 October 2016, as part of continuing efforts to engage civil society on gender equality, women’s rights, and empowerment. Through a consultative forum called Civil Society Advisory Group (CSAG) created by UN Women […]
Yezidi survivors of horrific abuse in IS captivity neglected by international community Yezidi women and girls who have been enslaved, raped beaten and otherwise tortured by the armed group calling itself Islamic State (IS) are being failed by a lack of adequate support from the international community, said Amnesty International today. Researchers from the organization […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 12 remittance companies took part in its currency auction on Monday. A total of $149,509,399 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
CWC’s third Basra Oil, Gas and Infrastructure Conference will take place this year in Beirut, Lebanon on 24-25 of October 2016. In a pre-conference interview with the Chairman of the Oil and Gas Committee of Basra Council, Mr Ali Fares outlined the most important issues that the Basra delegation will focus on during the conference, […]
By Sara al-Qaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A private company has reportedly taken over Gulenist schools in Iraqi Kurdistan. According to the Dwarozh news website, Kurdistan Regional Government (KRG) Education Minister Bishwan Sadeq said a private Kurdish company, the Khoshnaw Group, bought the […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Exact replicas of three architectural treasures damaged or destroyed by the Islamic State group (IS) in Syria and Iraq are on show at the Colosseum in Rome.
By John Lee. The United Nations has advertised new positions in Iraq: Child Protection Technical Advisor, Save the Children Consultant - Evaluation of Processes and Support to Restructuring, United Nations Office for Project Services (UNOPS) Emergency Response Program Manager, Mercy Corps Consultant - Civil Society Self-Assessment & Capacity Development, Mercy Corps Evaluation Expert/Specialist, QED Group […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Facilities Management Assistant, United Nations Assistance Mission for Iraq (UNAMI) RSD Associate, United Nations Assistance Mission for Iraq (UNAMI) Business Support Assistant, United Nations Assistance Mission for Iraq (UNAMI) Storekeeper, Agency, United Nations Assistance Mission for Iraq (UNAMI) Monitoring Assistant, Agency, […]
By John Lee. The daily average volume of crude oil exported by Iraq's State Oil Marketing Organization (SOMO) rose to 3.276 million barrels per day in September, compared with 3.230 million bpd in August, according to the Ministry of Oil. The total for the 30-day month was 98,285,239 barrels, down from the 100.1 million barrels exported […]
