Humanitarians fear for the 750,000 civilians in western Mosul 100 days after military operations to retake Mosul started, humanitarian partners are expressing deep concern about the plight of the estimated 750,000 civilians who are currently living in the western sections of the city where fighting is expected to start in coming weeks. "We are relieved […]
A national immunization days campaign has today commenced in Iraq and targets over 6 million children aged 0 to 5 years of age. Supported by the Ministry of Health, WHO and UNICEF, the door-to-door campaign is being conducted for 5 days and will include the newly liberated areas in Mosul where thousands of children have […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Refining Sector: Reality Check and Policy Thoughts for Consideration This Executive Summary falls in two parts: Part One provides brief baseline survey and situation analysis and thus it deals with two […]
By Mark DeWeaver. Last November I was back at the American University of Iraq’s Institute of International and Regional Studies in Sulimaniyah, researching a report on the KRG’s latest economic reform initiatives. I was surprised to find that the KRG now has some promising programs underway to increase revenues and cut expenses. Given the dire […]
By John Lee. Genel Energy has issued the following trading and operations update in advance of the Company's full-year 2016 results, which are scheduled for release on 30 March 2017. In the statement (see below), the company said it expects a significant drop in production in 2017. Share were trading down 11 percent on Tuesday. […]
Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $15.0 million has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil export sales in October 2016. Gulf Keystone and the KRG's Ministry of Natural Resources ("MNR") continue to work towards agreeing the final form of the invoices for May to […]
The Iraq Britain Business Council (IBBC) has relocated its London office south of the river to Lambeth, a short walk from its old premises in Westminster. The IBBC team moved into the new office, which is located in Westminster Tower along Albert Embankment, in late November 2016. It shares the space with the AMAR Foundation, […]
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 yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Rocket artillery and bomber, fighter […]
Iraqi security forces are finishing clearing operations in eastern Mosul while Islamic State of Iraq and the Levant fighters have ceased fighting and are on the run, Pentagon Press Operations Director Navy Capt. Jeff Davis said today. Speaking with reporters, Davis said ISIL fighters are moving to Mosul’s north bank of the Tigris River to […]
By John Lee. Following a visit by the Turkish Prime Minister Binali Yıldırım (pictured) to Iraq last week, an Iraqi business delegation has come to Turkey and proposed a $200-million construction project in Baghdad to Turkish businessmen. Tevfik Öz, a member of the board of the Turkish-Iraqi Business Council, told Daily Sabah that the Iraqi […]
From Rudaw. Re-published with permission by Iraq Business News. Of nearly 25,000 registered companies in the Kurdistan Region, only around 13,000 of them pay corporate income tax, according to a new report from the Directorate of Taxes and Public Properties in Erbil. General manager of the directorate, Dr. Kamal Tayyib, told Rudaw the systematic tax […]
By John Lee. Iraq has been rated third-last in a ranking of the 'passport power' of 199 countries around the world. The list, compiled by passportindex.org, ranked passports by their ability to allow persons to travel visa-free to other destinations. Top of the list was Germany, followed by Sweden and Singapore, while Iraq comes in […]
