Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1076 (-2.7%) / $1083 (-1.9%) (weekly change) (+12.1% and +14.3% YTD change, respectively). The number of week traded […]
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. Anbar Families Seeking Safety Sell Homes At Half Price, Fuelling Real Estate Boom If there is one winner in the province of Anbar right now, it may well be those […]
The Department of State warns U.S. citizens against all travel to Iraq. Travel within Iraq remains very dangerous, and the ability of the Embassy to assist U.S. citizens facing difficulty is extremely limited. This supersedes the Travel Warning dated July 6, 2016. U.S. citizens in Iraq are at high risk for kidnapping and terrorist violence. […]
By Omar al Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Prime Minister Haider al-Abadi instructed security services “to prevent the abuse of teaching and educational staff,” who he said “have taken upon themselves the educational mission of […]
By John Lee. The United States has amended its visa ban to allow emigration by the families of Iraqi interpreters who served the United States government and military forces deployed in their country According to the New York Times the change, recommended by the Pentagon, eased some of the anger generated in Iraq by President […]
By John Lee. Reuters reports that the European Aviation Safety Agency (EASA) has denied that it had lifted a ban on Iraqi Airways entering European airspace. The national carrier was banned from flying to Europe in 2015 because it did not meet International Civil Aviation Organization (ICAO) safety standards. (Source: Reuters)
By John Lee. A UK-based human rights lawyer has been struck off as a solicitor after he was found guilty of multiple professional misconduct charges, including dishonesty and lack of integrity, relating to alleged abuse by the British military in Iraq, reports The Guardian. The British Iraq Historic Allegations Team (IHAT) said it would now […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Under a new contract between the General Authority of Iraqi Antiquities and Britain, a British exploration mission to the historic Tell Khaiber site west of Nasiriyah arrived Jan. […]
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 Attack, bomber and fighter […]
By John Lee. Lockheed Martin has been awarded a $7,702,239 cost-plus-fixed fee contract for contractor logistics support for the Iraq integrated air defense system. Work will be performed at Manassas, Virginia, and is expected to be complete by Jan. 31, 2018. (Source: US Dept of Defense)
By John Lee. US diplomats, citing a senior Iraqi government official, have said that the US travel ban could jeopardise General Electric (GE)'s business in Iraq. According to a memo obtained by Politico: "[The Baghdad government] was preparing to sign two more deals with U.S. company General Electric that could be negatively affected, and that the […]
By John Lee. A former CEO of Australia's Leighton Holdings has received an apology and an out-of-court settlement from Fairfax Media following their claim that he knew of alleged corporate misconduct, including the payment of a $42 million bribe in Iraq. Wal King, chief executive of Leighton Holdings (now known as CIMIC Group) from 1987 […]
