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 $138,951,680 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Government of Antigua & Barbuda has shelved plans for an Iraqi-funded project, which Prime Minister Gaston Browne (pictured) had claimed to be worth “several hundred million dollars”. Browne said on Tuesday that the project, part of the Citizenship by Investment Programme (CIP), was now “off the table”. It was to have been […]
The Kurdistan Region’s Ministry of Natural Resources (MNR) has said it is investigating a senior official who may have given “confidential data for oil and gas blocks” to a London-based company. In a statement, the MNR said that a London-based company is promoting itself to potential investors as a new upstream investment vehicle focussed on […]
By John Lee. Oshkosh Defense has been awarded more business in Iraq -- a $31,159,954 sales contract for "149 Family of Medium Tactical Vehicles and 19 B-kits". Work will be performed in Oshkosh, Wisconsin, with an estimated completion date of July 31, 2018. In recent weeks, the company has won more than $400 million in […]
By John Lee. Iraqi Authorities in have reportedly seized an estimated 120 tons of expired medicine at the port of Umm Qasr in recent months. The Deputy Head of Umm Qasr Customs, Ahmed Qasim, told NRT Arabic more than 30 containers were seized, with another seven still to be checked. “The medicine in those containers […]
Top security officials from Iran and Iraq weighed plans for cooperation in the intelligence sphere in the fight against terrorism. The Secretary of Iran’s Supreme National Security Council (SNSC), Ali Shamkhani, and head of Iraq’s National Intelligence Service, Mustafa Kadhimi, held a meeting in Tehran on Sunday. A range of issues were discussed at the […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 14 remittance companies took part in its currency auction on Tuesday. A total of $134,594,472 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. A joint report by the Bureau of Investigative Journalism and the Sunday Times claims that London-based PR firm Bell Pottinger was hired by the US military to run a "covert" propoganda operation during the Iraq War. The $540-million campaign was run by the agency's now-dissolved 'conflict resolution' arm between 2007 and 2011. […]
By John Lee. Pratt and Whitney has been awarded a $42,397,600 indefinite-delivery/indefinite-quantity contract for F100-PW-229 engine support; the contract is descibed as "100 percent foreign military sales to Iraq and Morocco". The company, a subsidiary of United Technologies Corp (UTC), will provide install engines, spare engines, modules, integrated logistics support, quick reaction studies, over-and-above repair […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th Sept 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ772 (+1.7%) / $765(+0.9%) (weekly change) (-29.1% and -33.2% YTD change, respectively). The number of week traded shares […]
The United Nations Children’s Fund (UNICEF), together with the Iraqi Ministry of Education, has launched its back-to-school campaign to help millions of children missing out on education. Some 3.5 million school-aged Iraqi children are missing out on education, which means they are at increased risk of early marriage, child labour and recruitment into armed groups. […]
