By John Lee. Philippines-based port company International Container Terminal Services Inc (ICTSI) is to open a new section of its Umm Qasr port in October. The VP and Head of Asia-Pacific region, Christian Gonzalez, is quoted as saying that the company has allocated $420 million in capital expenditure for 2016, to be used for the […]
By John Lee. The United Nations has advertised new positions in Iraq: Transport Assistant, United Nations Assistance Mission for Iraq (UNAMI) Chief of Political Affairs, United Nations Assistance Mission for Iraq (UNAMI) Camp Coordination and Camp Management (CCCM) Specialist, Norwegian Refugee Council (NRC) Budget Analyst, United Nations Development Programme (UNDP) Head of Office, Political Affairs, […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Call Centre Operator, United Nations Office for Project Services (UNOPS) Finance Analyst, United Nations Development Programme (UNDP) Specialist (Livelihood), United Nations Development Programme (UNDP) Awards Management Coordinator, Save the Children Senior Project Manager, Save the Children Project Manager - Mosul Emergency […]
Shaping Operations Continue in Iraq, Syria as ISIL Leaders Targeted The past three weeks has seen continued shaping and clearing operations in Iraq, continued reduction of the Islamic State of Iraq and the Levant’s ability to move fighters in and out of northern Syria, and sustained pressure on ISIL’s command and control, the Operation Inherent […]
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. Closed door meetings in Baghdad suggest an old idea, meant to solve Iraq’s political chaos, is being revived. It’s early but some hope it might help a Parliament that’s only […]
By Robert Tollast Recently, a friend at Fikra Space, the pioneering Iraqi hackerspace group, emailed me some news that could have far reaching effects in Iraq. On the face of it, it probably seems like a fairly mundane development. Ideal Payments, the electronic payment providers, have partnered with Belgium based Monniz and Iraq's Taif Money […]
GE has signed a multiyear agreement in Iraq with Mass Energy Group Holding. The $520-million contract includes operation and maintenance services as well as GE’s advanced digital industrial solutions for the 3-gigawatt gas-fired Basmaya [Bismaya] Power Plant, 40 kilometers east of Baghdad. This contract represents a continuing effort between Mass Energy Group Holding, the Iraqi […]
Why Law Graduates are Overwhelming Iraq's Job Market The number of students admitted to Iraqi law schools has soared in recent years, flooding the market with job-hungry graduates. The intense competition forces them to work for a fraction of customary charges — if they can find work at all. According to the Student Guide for […]
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 the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter […]
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. Regaining Qayyarah a Major Step Towards Defeating Extremists Since it was liberated by Iraqi forces last month, Qayyarah has come to be seen as the key to freeing surrounding areas […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 30 banks and 15 remittance companies took part in its currency auction on Thursday. A total of $136,428,356 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. US Presidential candidate Donald Trump has said that the Islamic State group (IS, ISIS, ISIL, Daesh) grew because the United States failed to “take the oil” in Iraq after invading the country, allowing IS to use it to finance their operations. He told NBC: "I've always said, shouldn't be there, but if […]
