Archive | 2017

Statement from IMF Mission on Iraq

The Iraqi authorities and the staff of the International Monetary Fund (IMF) continued discussions in Amman from November 17 to 21, 2017 on the third review of Iraq’s 36-month Stand-By Arrangement (SBA). The IMF Executive Board approved the SBA on July 7, 2016 (See Press Release No. 16/321), and completed the second review on August […]

Last IS-held Iraqi Town Retaken

By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  After a week of long hauls through threatening desert terrain and villages to take up positions, Iraqi troops and local fighters on Nov. 17 captured Rawa, the last urban […]

Jordan to Spearhead Syria, Iraq Reconstruction

By John Lee. Jordan's Minister of Industry, Trade and Supply, Ya’rub al-Qudah (pictured), has reportedly signed an agreement with a leading American company and a number of international firms to build an airport and a major logistics center to facilitate reconstruction for Syria and Iraq. According to Al Arabiya, the new facility will be built in […]

Human Rights Training for Teachers in Kurdistan

The United Nations Assistance Mission for Iraq (UNAMI) Human Rights Office (HRO) in cooperation with the Ministry of Education in Kurdistan Region of Iraq organized a four-day training course in Erbil for 23 teacher, including 9 females, during 13 – 16 November on human rights education. This was the second in a series of courses […]

Authorities Clamp Down on Sectarian Hate Speech

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The Iraqi government, headed by Prime Minister Haider al-Abadi, is seeking to penalize people for the hate speech prevalent in Iraqi society by arresting anyone who expresses such ideas or promotes […]

Iraq's Southern Oil Exports "Close to Record High"

By John Lee. Reuters reports that oil exports from southern Iraq have risen to close to a record high. It cites industry sources as saying that exports in the first 20 days of November averaged about 3.50 million bpd, up 150,000 bpd from October's average. The current monthly record of 3.51 million bpd was achieved […]

Baghdad Increases Pressure on KRG with Budget Cut

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The first draft of Iraq’s federal budget for 2018, approved by the government at the start of the month, envisions slashing the Kurdish region’s share from 17% to 12.7% […]

Germany continues Support for Iraqi Children

UNICEF thanks the people of Germany for their continued support to the children of Iraq Years of conflict have severely curtailed the rights of children in Iraq. Their rights to protection from violence, education and access to safe drinking water are under assault from nearly every direction. “UNICEF is working with partners like the German […]

Details of Latest Strikes Against ISIS

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria, conducting 16 strikes consisting of 29 engagements Nov. 17-19, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the strikes, noting that assessments of results are based on initial reports. There were no reported strikes […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Iraq Stock Market ends week 6.3% Up

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th Nov 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD815 (+6.3%) / $838 (+6.6%) (weekly change) (-15.1% and -11.6% YTD change, respectively). The number of week traded […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Finance and Administration (F&A) Manager, International Business & Technical Consultants, Inc. (IBTCI) Movement Control Assistant, United Nations Assistance Mission for Iraq (UNAMI) (Source: UN)