Archive | 2016

Coalition 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 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 and fighter aircraft […]

Video: First Families Return to Fallujah after fleeing IS

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Hundreds of people from the Iraqi city of Fallujah have returned home after ISIL fighters stormed their city two years ago. The government now controls Fallujah after taking it back from Islamic State […]

Britain "Keen to Invest in Iraq"

By John Lee. Minister of Foreign Affairs Dr Ibrahim Al-Jaafari met the British Minister of State for International Development Mr Rory Stewart in London on Saturday. Both sides discussed a number of important issues, especially the return of the displaced families to their homes after liberating their towns from Da'esh. His Excellency said that Iraq […]

Foster Wheeler to Boost Iraq Oil Export Capacity

By John Lee. Iraq's Ministry of Oil has agreed with Foster Wheeler to cooperate on implementing projects of increase oil storage and export capacity. At a meeting with representatives of the company, Mr. Fayadh H. Niema, the Senior Deputy Minister of Oil, said that the ministry is keen to develop and update the "exportation, reservation, […]

Baghdad Denies New Oil Export Agreement with Erbil

By John Lee. Iraq's Ministry of Oil has denied that there is any new agreement between Baghdad and Erbil regarding the export of crude oil. In a statement issued on Monday, the ministry confirms that "the last agreement is still active ... [and it] includes the budgets of the last two years in addition to […]

Kurdish Private Company Buys "Gulenist" Schools

By John Lee. TThe Khoshnaw Group, a Kurdish private company, has reportedly bought the Ishik educational institutions in Iraqi Kurdistan. BasNews says that the chain of fee-paying schools and universities were affiliated with the Gulenist Movement in Turkey, and are attended by nearly 40,000 students. No further details of the deal and the future administration […]

Nadia Murad named UNODC Goodwill Ambassador

Human trafficking survivor Nadia Murad named UNODC Goodwill Ambassador Nobel Peace Prize nominee Nadia Murad Basee Taha - who survived trafficking at the hands of the Islamic State group (IS, ISIL, ISIS, Da'esh) - was formally appointed UNODC (United Nations Office on Drugs and Crime) Goodwill Ambassador for the Dignity of Survivors of Human Trafficking […]

Inherent Resolve Strikes Target ISIL 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 […]

Currency Auction Results, 19th Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 15 remittance companies took part in its currency auction on Monday. A total of $134,033,525 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Smuggling Medicine ‘More Lucrative than Arms and Oil’

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. Locals in Iraqi Kurdistan say they have no choice but to use smuggled medicines. And business in contraband pills is booming, with drug smugglers benefiting from slow approvals and political […]

President Barzani Receives a US Delegation

President Masoud Barzani received a military and diplomatic delegation from the United States. The delegation was headed by Tony Blinken, the U.S. Deputy Secretary of State. The delegation also included Brett McGurk, the Special Presidential Envoy for the Global Coalition to Counter the Islamic State of Iraq and Levant. The meeting was initiated by Deputy […]

What next for Baghdad-Tehran ties as MEK leaves Iraq?

By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News.  What's next for Baghdad-Tehran ties as last MEK members leave Iraq? On Sept. 10, commenting on the news that the last batch of Iranian dissidents affiliated with the Mujahedeen-e-Khalq […]