U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Wednesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Iraq Ground-attack, fighter, bomber, and remotely […]
Kurdistan Regional Government Prime Minister Nechirvan Barzani yesterday attended the handover ceremony of a school built by UB Holding to the Ministry of Education. Speaking at the ceremony, Barzani said: "We are in need of private sector and donors to help us build schools; it will be an immense support for the KRG and for […]
In its Q1 Financial Report, Dana Gas reports that its production has fallen 16 percent in Iraqi Kurdistan: KURDISTAN REGION OF IRAQ - RESERVES UPDATE As reported previously Dana Gas and Crescent Petroleum, joint operators of Pearl Petroleum Company Limited ("PPCL"), estimate that P50 total geologically risked resources of petroleum initially in-place (PIIP) of the […]
By John Lee. Imperial Brands, formerly Imperial Tobacco Group, stated on Wednesday that "ongoing instability [in Iraq and Syria] continued to impact performance, particularly of Gauloises and Gitanes" cigarette brands. In its half-year results to the end of March, the company said that Iraq and Syris now represent less than 3 percent of total Group […]
By John Lee. Explosions have been reported at two oil wells near territory controlled by the Islamic State group (IS, ISIS, ISIL, Daesh) in northern Iraq on Wednesday. Production was halted at the Khabbaz oilfield, 20 km (12 miles) southwest of Kirkuk, in a region under control of the Kurdish peshmerga forces, according to Reuters. […]
By John Lee. The United Nations has advertised several new positions in Iraq: National Consultant: Employment Opportunity Assessment (UNDP); Field Security Assistant (UNDP); Programme and Operations Officer (UNDP); CAP Secretary (UNDP); Security Associate (World Food Programme, WFP); (Source: UN) (Recruitment image via Shutterstock)
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 Fighter and remotely […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 22 remittance companies took part in its currency auction on Wednesday. A total of $109,224,885 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Crude oil exports from Iraq's southern fields averaged 3.364 million bpd in April, higher than March's average of 3.286 million. It was also close to the record of 3.37 million bpd exported in November, according to Reuters. The oil was sold at an average price of $33.26 per barrel, earning $3.343 billion, […]
By John Lee. Iran has reportedly resumed electricity exports to Iraq following a hiatus over unpaid fees. Power was restored following the visit of an Iraqi delegation to Tehran to settle the issue. (Source: PressTV) (Electricity image via Shutterstock)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th Apr 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD780 (-2.3%) / $788 (-1.2%) (weekly change) (-28.4% and -31.2% YTD change, respectively). The number of week traded […]
By Human Rights Watch. The closure of Al Jazeera’s Baghdad bureau by the Iraqi Communications and Media Commission is nothing but an effort to clamp down on freedom of expression. The commission should promptly reverse its decision and allow the bureau to operate freely in accordance with international standards on freedom of the media and […]
