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 Bomber, fighter, attack, ground-attack, and […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 16 remittance companies took part in its currency auction on Thursday. A total of $154,014,920 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
State Commission for Customs, in coordination with the National Investment Commission (NIC), has announced an investment opportunity to establish a customs check point in Al Safra Zone / Al Uthaim in Diyala Province, and provide all necessary requirements and services (logistic and security). Interested investors are entitled to present their wish to the customs commission […]
By John Lee. Bukkehave Inc. of Fort Lauderdale, Florida, has been awarded a $13,489,972 contract to supply 300 Toyota Land Cruiser pickup trucks and common spare parts for Iraq. Work will be performed in Oman, with an estimated completion date of Dec. 30, 2016. The company is headquartered in Denmark. (Source: US Dept of Defense) […]
By John Lee. Insitu Inc., of Bingen, Washington, has been awarded a $8,291,844 firm-fixed-price delivery order to procure spares, support equipment, and support services for the ScanEagle Unmanned Aircraft System operations for the government of Iraq intelligence, surveillance, and reconnaissance services program. Work will be performed in Baghdad, Iraq (90 percent); and Bingen, Washington (10 […]
By John Lee. The Turkish company Karadeniz Holding has reportedly stopped supplying electricity from its three generating ships loctated in the ports of Khor al-Zubair, Umm Qasr and Abu Flous. Local media report that the move is due to the non-payment of debts to the company by the Iraqi Ministry of Electricity. The company had […]
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s parliament passed a de-Baathification law July 30, banning any political activity by the Baath Party under any name. However, the move did not end the controversy over the party’s social impact on […]
By John Lee. The Speaker of the Iraqi parliament, Salim Al-Jabbouri [Saleem al-Jabouri] has reportedly been cleared of corruption allegations on Tuesday due to insufficient evidence. Last week, Defense Minister Khaled al-Obeidi claimed that al-Jabouri and at least five lawmakers and business people had tried to persuade him to secure specific contracts and to reinstate […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported on Tuesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and remotely […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 27 banks and 16 remittance companies took part in its currency auction on Tuesday. A total of $119,656,855 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Hundreds of people protested in Zubair on Sunday to demand jobs. Asharq al-Aswat reports that the protesters tried to block access to oil fields managed by BP and Eni, saying that the oil is "being stolen by thieves.” Despite its oil wealth, the Basra region suffers from poor services and huge unemployment, […]
By John Lee. Oman Air has announced that it will start flights between Muscat and Najaf. The non-stop service will operate four times a week from 15th September. (Source: Times Of Oman)
