By John Lee. The Central Bank of Iraq (CBI) has reported that 35 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of $150,580,002 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Blue Sky Energy Inc. (TSX VENTURE:BSI) has acquired from Sonoro Energy International Holdings BV, 100% of the issued and outstanding common shares of Sonoro Energy Iraq B.V. ("Sonoro Iraq"), a company incorporated in the Netherlands and the designated operator and party to several license agreements with the Al-Salah ad Din Provincial Government of Iraq for […]
IMF disburses about US$617.8 million following completion of first review of Iraq’s reform program The IMF-supported program includes measures to protect the poor, enhance financial sector stability, and curb corruption Significantly improving public financial management will be important The Executive Board of the International Monetary Fund (IMF) has completed the first review of Iraq’s three-year […]
Having had to postpone its autumn conference earlier this year, the Iraq Britain Business Council (IBBC) has confirmed that it has received full UAE Government approval to hold its conference on Sunday 18th December. It has convened 20 of the top decision-makers from the Government of Iraq and key industry sectors, who will come together […]
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 the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber, fighter and remotely […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 15 remittance companies took part in its currency auction on Tuesday. A total of $150,044,142 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Italian Foreign Minister Paulo Gentiloni has met with his Iraqi counterpart, Ibrahim al-Eshaiker al Jafaari, telling him: "We are standing by you while Mosul is being liberated and we will continue to be by your side through the post-Daesh stabilisation process. Italy intends to keep its commitment in the region, by supporting the Baghdad Government and […]
By John Lee. Monaco-based Unaoil, which has been implicated in an international bribery scandal, has launched legal action against the United Kingdom's Serious Fraud Office (SFO), alleging that it has unlawfully misused its powers. The SFO is currently conducting a criminal investigation into the activities of Unaoil, its officers, its employees and its agents in […]
By Sami-Joe Abboud for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq's parliament will meet Dec. 1 to continue hashing out a draft of the 2017 general budget, which currently includes a deficit that will require the country to seek […]
By John Lee. The United Nations has advertised new positions in Iraq: Programme Specialist, Gender Based Violence, United Nations Population Fund (UNFPA) SCOPE IT Solution Associate (two positions), United Nations Assistance Mission for Iraq (UNAMI) Administrative Assistant, United Nations Assistance Mission for Iraq (UNAMI) Field Security Assistant, United Nations Assistance Mission for Iraq (UNAMI) Education […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Senior Supply Associate, United Nations Assistance Mission for Iraq (UNAMI) SCOPE IT Solution Associate, United Nations Assistance Mission for Iraq (UNAMI) Associate Coordination Officer, United Nations Assistance Mission for Iraq (UNAMI) Monitoring & Evaluation Coordinator, Norwegian Refugee Council (NRC) ICLA Officer […]
By John Lee. Iraq’s Ministry of Oil has said that total oil exports for November have reached a record high of 4.051 million bpd. The figure is made up of 3.407 million bpd from the southern oilfields, 64,000 bpd from Kirkuk, and 580,000 bpd exported from fields controlled by the Kurdistan Regional Government (KRG). The Ministry […]
