Mr. Dominique Mas, the new Consul General of the Republic of France to the Kurdistan Region, was received today by the Head of the Department of Foreign Relations, Minister Falah Mustafa. Minister Bakir congratulated Mr. Mas and assured him that the Kurdistan Regional Government (KRG) stands ready to extend to him all the necessary support […]
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 and fighter […]
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. A new crisis between Iraq and Saudi Arabia has emerged over Riyadh's ambassador to Baghdad Thamer al-Sabhan amid calls by the Iraqi Ministry of Foreign Affairs (pictured) to replace […]
By John Lee. The Korea National Oil Corporation (KNOC) is to withdraw from the Sangaw South oil field project in Iraqi Kurdistan. A spokesman for the company told Reuters that exploration results were "uneconomic." A Korean consortium headed by KNOC holds 60 percent of the project, with half of that owned by KNOC. KNOC has […]
The Kurdistan Regional Government (KRG) has published its monthly production and export revenue overview for August 2016. During the month it exported 412k bpd from the Turkish port of Ceyhan, down from the previous month’s figure, at an average price of $32.44 per barrel, bringing in revenue of $414 million. Please click here to view or […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st Sept 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ740 (-1.1%) / $745 (-1.1%) (weekly change) (-32.1% and -35.0% YTD change, respectively). The number of week traded […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Multimedia Assistant, United Nations Development Programme (UNDP) Forensic Archaeologist, International Commission on Missing Persons (ICMP) Partnership Development Coordinator, GOAL (Source: UN)
By John Lee. The United Nations has advertised new positions in Iraq: Website Development and Database Management, United Nations Development Programme (UNDP) Monitoring and Evaluation (M&E) Specialist, United Nations Development Programme (UNDP) International Consultant as Gender Expert for the Disaster Risk Reduction and Environment Project, United Nations Development Programme (UNDP) Communications Officer (National Position), Norwegian […]
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, fighter, and […]
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 $127,474,300 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Trading sources have told Reuters that Baghdad's State Oil Marketing Organization (SOMO) and Kurdistan have resumed joint exports of crude oil from the giant Kirkuk oil field. The field normally delivers 150,000 barrels per day via the Turkish port of Ceyhan (pictured). Exports have been suspended since March in a dispute over […]
The U.S. Embassy in Iraq has announced the arrival of the Honorable Douglas A. Silliman as the new Ambassador Extraordinary and Plenipotentiary of the United States of America to the Republic of Iraq. Ambassador Silliman arrived in Iraq on September 1, 2016. He met with His Excellency Foreign Minister Ibrahim al-Jaafari and presented his credentials […]
