Archive | 2016

Japan to open Consulate in Erbil

President Masoud Barzani received a Japanese embassy delegation headed by Ambassador Fumio Iwai, Japan's Ambassador to Iraq. President Barzani and Ambassador Iwai spoke of the current political situation in Iraq and expressed optimism that matters will be moving in a more positive direction. The two sides also spoke of the military operations against the terrorists […]

Video: Mass Protests in Baghdad

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Mass protests against Iraq’s government have once again swamped the streets of Baghdad. They want the government out and new leadership that prioritises eliminating corruption. The political standoff in Iraq’s parliament is having […]

Coalition Strikes Hit ISIL Targets in Iraq

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 the latest strikes, noting that assessments of results are based on initial reports. Strikes in Iraq Bomber, fighter, ground attack […]

Currency Auction Results, 28th Apr

By John Lee. The Central Bank of Iraq (CBI) has reported that 28 banks and 22 remittance companies took part in its currency auction on Thursday. A total of $121,558,416 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Iraq "one of the Biggest Investment Opportunities"

By Padraig O'Hannelly. The United Kingdom's Ambassador to Baghdad has said Iraq has the potential to become an economic force in the region, and encouraged British businesses to take advantage of the opportunities it presents. Addressing senior executives at the Iraq Britain Business Council (IBBC)'s Spring Conference in London on Wednesday, H.E. Frank Baker OBE said […]

Southern Oil Exports running at Record High

By John Lee. Oil exports from southern Iraq have reportedly reached a record rate of 3.43 million barrels per day so far in April. If sustained for the full month, Reuters reports that this would exceed the record of 3.37 million bpd reached in November. The increase partly reflects an easing of delays in the […]

Erbil launches Provincial Development Strategy

Erbil marks the launch of its Provincial Development Strategy 2016-2018 with a breathtaking audiovisual performance at the historic Citadel At an official ceremony at Erbil's historic Citadel, the Governorate of Erbil launched its Provincial Development Strategy. The ceremony was presided over by H.E. Prime Minister of the Kurdistan Regional Government, Mr. Nechirvan Barzani, and attended […]

First Outbreaks of Bird Flu in Iraq in 10 yrs

By John Lee. The World Organisation for Animal Health (OIE) said on Tuesday that there have been six outbreaks of the highly pathogenic H5N1 bird flu virus in Iraq between mid-December and early February, in the first occurrence of the disease in 10 years. The outbreak has killed 77,101 birds, with another 641,498 destroyed as […]

New Legislation needed for IDP Areas

Advocating for the new legislations and classification of the Informal Settlements/IDP Areas UN-Habitat held a workshop in collaboration with the Ministry of Planning, within the National Programme of Rehabilitation & Regularization of Informal Settlements /IDP Area in Iraq, aimed to introduce and promote the new legislative texts to address the illegal urban sprawl, preventing future […]

Iraq: "a Long Memory but Short on Vision"

Iraq: Equality and justice not luxuries but crucial foundations of stability Iraq must immediately take concrete steps to plan for “the day after” the defeat of ISIL, grounded in equality, the rule of law and a vision that has earned the confidence of all the country’s diverse communities, UN Deputy High Commissioner for Human Rights […]

Sadr Supporters in Mass Protest for Reform

By John Lee. Hundreds of thousands of people have taken to the streets of Baghdad to protest at a months-long political crisis and lack of reform, according to BBC News. Supporters of the Shia cleric Moqtada al-Sadr (pictured) marched towards the Green Zone to press Prime Minister Haider al-Abadi to push ahead with his plan […]

Reforms in Building Systems for Kurdistan

Ministerial meeting assesses reforms in building systems for the Kurdistan Region of Iraq The progress achieved under the project Establishing a Building Control Regime for the Kurdistan Region of Iraq (KR-I), funded by the United Nations Development Programme (UNDP) and implemented by the United Nations Human Settlements Programme (UN-Habitat), was discussed in a ministerial meeting […]