Archive | 2016

New Vacancy in Iraq

By John Lee. The United Nations has advertised a new position in Iraq: National Consultant, Projects Outputs Evaluation, UNDP (Source: UN) (Recruitment image via Shutterstock)

Coalition Continue Strikes Against IS 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 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 Bomber, attack, ground-attack, […]

Currency Auction Results, 19th July

By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 16 remittance companies took part in its currency auction on Tuesday. A total of $146,727,081 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Midyear Review of Iraqi Upstream Petroleum Sector

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Midyear Review of the Iraqi Upstream Petroleum Sector 2016 has been, financially as in any other aspects, so far very difficult and the fiscal difficulties are likely to persist during the second […]

DSI Wins $61m Zubair Project

Dubai-based Drake & Scull International PJSC (DSI) has announced that it has been awarded a AED 226 million ($61 million) engineering, procurement and construction (EPC) contract for the construction of a water injection network installation project at the Zubair oil field in Basra, Iraq by ENI Iraq B.V. (EIBV) a subsidiary of the Italian oil […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th July 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ774 (+2.0%) / $782 (+1.2%) (weekly change) (-39.0% and -31.8% YTD change, respectively). The number of week traded […]

Video: Thousands defy Ban to Protest Corruption

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thousands of Iraqis have defied a protest ban and rallied in the heart of the capital, Baghdad, to demand an end to sectarianism and corruption. Al Jazeera's Natasha Ghoneim reports.

KRG PM Condemns Attempted Turkish Coup

Kurdistan Regional Government Prime Minister Nechirvan Barzani released a statement on Saturday regarding the failed military coup in Turkey. Prime Minister Barzani congratulated the people, President and Prime Minister of Turkey after the will of people defeated the coup d'etat planners. Below is Prime Minister Barzani's statement: "We are pleased to see the triumph of […]

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 Bomber, attack, fighter […]

KRG, Austrian FMs discuss Security

Head of KRG Foreign Relations, Minister Falah Mustafa, on Friday received Austria’s Minister for Foreign Affairs, Sebastian Kurz in his second visit to Kurdistan to discuss strengthening of bilateral relations as well as recent developments. Both Ministers expressed delight at the level of bilateral cooperation between both governments and expressed their commitment to broaden their […]

Currency Auction Results, 17th July

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 Sunday. A total of $134,652,143 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)