Archive | 2016

Counter-ISIL Strikes Hit Terrorists in Syria, Iraq

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, bomber, fighter […]

Currency Auction Results, 26th Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 28 banks and 15 remittance companies took part in its currency auction on Sunday. A total of $115,388,428 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Oshkosh in $400m Equipment Deal

The US Dept of Defense has announced that Oshkosh Defense has been awarded two new contracts relating to Iraq: a $17,080,930 firm-fixed-price, multi-year foreign military sales contract (Oman, Jordan, Iraq) for 54 635NL trailers, spare parts, and manuals. Bids were solicited via the Internet with one received. Work will be performed in Oshkosh, Wisconsin, with […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd Sept 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ760 (+2.5%) / $759 (+2.5%) (weekly change) (-30.3% and -33.8% YTD change, respectively). The number of week traded […]

21 New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Shelter Cluster Technical Coordinator and National Co-Chair, Norwegian Refugee Council (NRC) Head of Support, Norwegian Refugee Council (NRC) Senior Coordination Advisor, United Nations Development Programme (UNDP) International Consultant - Simplification of Work Systems and Procedures, United Nations Development Programme (UNDP) Political Affairs Officer, […]

16 New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Protection Officer, Danish Refugee Council (DRC) Protection Assistant, Danish Refugee Council (DRC) Camp Manager, Danish Refugee Council (DRC) DMU Coordinator (Data Management Unit), International Organization for Migration (IOM) Reporting and Communication officer, United Nations Office for Project Services (UNOPS) M&E Coordinator, […]

Military Strikes Target ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported on Sunday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter […]

Will Iranian Pilgrims forsake Mecca for Karbala?

By Ali Mamouri for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News.  Saudi newspapers reported Sept. 15 that Shiites are expected to replace their pilgrimage to Mecca with religious visits to Iraq’s Karbala instead. According Al-Riyadh newspaper, Iran’s Supreme Leader Ayatollah Ali […]

Video: Kurdistan Struggles to Accommodate IDPs

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is facing a humanitarian crisis with more than 3 million people displaced by fighting over the past two years. Many Arabs have found sanctuary in the northern Kurdish region. But while they're […]

Currency Auction Results, 25th Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 27 banks and 15 remittance companies took part in its currency auction on Sunday. A total of $114,221,577 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Oil Companies trim Investments in Iraq

By John Lee. Major oil companies including BP, Shell and Lukoil are reported to be cutting investment in Iraq. “You’re going through difficult months,” said Ariel Flores, general manager of the BP-led Rumaila Operating Organization (ROO) told the Wall Street Journal. “You slow down and you make decisions to pause efforts.” Rumaila oil field now […]

Problems Threaten Postponement Of 2017 Elections

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Political conflicts, war with extremists and millions of displaced: All these threaten to see Iraq’s next elections postponed, despite the fact that many say they will be the country’s most […]