Archive | 2016

Video: Fallujah Offensive traps Thousands

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. At least 35 Iraqi soldiers have been killed outside of Fallujah while advancing on the second day of an offensive against the Islamic State of Iraq and the Levant (ISIL, also known as […]

Coalition Strikes Continue Against ISIL in Iraq, Syria

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria 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 Attack and ground attack […]

Currency Auction Results, 25th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 18 remittance companies took part in its currency auction on Wednesday. A total of $125,966,131 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Demand Increases for both Basrah Light and Basrah Heavy

By John Lee. The head of the State Oil Marketing Organisation (SOMO) said on Tuesday that Iraq is seeing increasing demand for its Basrah Light and Basrah Heavy crudes oil grades. Falah Alamri told Reuters: "There is a lot of demand in summer, more consumption now than the beginning of the year." He added that […]

Iraq to Remove Ban on Iranian Cement

By John Lee. The secretary of Iran's Cement Industry Employers Association has said that Iraq has promised to remove its ban on the import of Iranian cement. Fars news agency quotes Abdolreza Sheikhan as saying that following several meetings between Iranian and Iraqi officials, Baghdad promised to give priority to Iranian exports, once general ban […]

Journalists Targeted by Security Forces during Protests

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. Iraqi Journalists Targeted By Security Forces During Green Zone Protests Last Friday demonstrators broke into Baghdad’s Green Zone a second time. Security forces were waiting for them - and the […]

Military Strikes Continue Against ISIL Terrorists

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, […]

Currency Auction Results, 24th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 18 remittance companies took part in its currency auction on Tuesday. A total of $120,836,770 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Iraq Extends Poultry Products Ban

By Simon Kent. Apparently concerned about the lethal pathogenic H5N1 strain of the bird flu virus, which has previously been reported in Iraq, the country has extended a ban on poultry imports. Previously French poultry product imports were banned in December, but in January the ban was extended to over 20 countries. Monday's ban on […]

PM Abadi: Final Fallujah Operation Underway

By Simon Kent. Iraq's PM Haider al Abadi has announced that a major battle to retake Fallujah from ISIS has begun. The town fell under the control of the terrorists in January 2014, after security deteriorated following months of Sunni protests against the government of Nouri al Maliki. Protesters accused Maliki of rounding up hundreds […]