Archive | 2016

Freelance Bomb Disposal a Lucrative New Business

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. The Iraqis Making Freelance Bomb Disposal Into A Lucrative New Business Locals are struggling to get rid of the explosive booby-traps the Islamic State left as they withdrew from Ramadi. […]

Decline of Higher Education in Iraq continues

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The University of Kufa (pictured) declared on its website Sept. 6 that it ranked 701st among the world’s best universities, according to QS World University Rankings. This is […]

Coalition "Has Momentum to End ISIL’s Hold"

The coalition against the Islamic State of Iraq and the Levant has the momentum to end the terror group’s hold in Iraq and Syria, the chairman of the Joint Chiefs of Staff told the Senate Armed Services Committee today. Marine Corps Gen. Joe Dunford also told the panel that he is worried about the joint […]

Iraq Targets 4.75-5m bpd Oil Output

By John Lee. Oil Minister Jabar Ali al-Luaibi (Allibi) said on Thursday that while Iraq will support a production ceiling next week at an informal meeting of oil producers in Algeria, it aims to defend its share of output of between 4.75 million and 5 million barrels of oil per day. Producers are expected to […]

Cafe Bombed because it Employs Women

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. Religious Extremists Bomb Cafes In Basra Because They Employ Women In Basra a series of cafes and venues have been bombed. Such a security breach is rare in this part […]

Counter-ISIL Strikes Target 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 Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]

Video: Iraq Recaptures Shirqat from IS

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq announces that its forces have recaptured a northern town from the Islamic State group in an operation launched ahead of a push for the city of Mosul:

Currency Auction Results, 22nd Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 15 remittance companies took part in its currency auction on Thursday. A total of $131,105,098 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

IMF Reaffirms Iraq Commitment after Zebari Ouster

By John Lee. Following the dismissal of Iraqi Finance Minister Hoshyar Zebari, the International Monetary Fund (IMF) has said it remains committed to working with Iraq on implementing a $5.34 billion loan. Bloomberg quotes IMF mission chief Christian Josz as saying that the Stand-by Arrangement (SBA) was approved in July, “and we are committed to […]

Gulf Keystone Petroleum: Half-Year Report

Gulf Keystone Petroleum (GKP) has announced its results for the six months ended 30 June 2016. Operational highlights Security situation and HSSE performance All operations in the Kurdistan Region of Iraq remain safe and secure with no significant HSSE incidents during the period Production and sales Strong production performance resulted in gross production of 6.0 […]

Latest Counter-ISIL Strikes in Syria, Iraq

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