Archive | 2017

Voting Starts in Kurdish Independence Referendum

Voters in Iraqi Kurdistan and the disputed areas under Kurdish control have started to cast their ballots on whether to split from the rest of Iraq and become an independent state, according to Kurdish media reports early on September 25. Reports claimed that voters had been queuing for hours before polling stations opened at 0800 […]

Which Countries offer a Passport without Migrating?

Advertising Feature By Veronica Cotdemiey, CEO of Citizenship Invest. Citizenship with no commotion: Which countries offer a passport without migrating? The vast majority of people believe that the process of obtaining a second citizenship or another nationality is long and tedious. Most look to countries such as the US, Canada, Australia and the UK, along […]

Kirkuk "teetering on the Brink of War"

By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A few days ahead of the Kurdistan referendum on independence, an ethnic clash took place between a group of Kurds and Turkmens in Kirkuk on Sept. 19. Local police deployed in different parts […]

Plans for Flights between Erbil and Urmia

By John Lee. An Iranian official has been quoted as saying that plans are in progress for direct flights between Erbil International Airport (pictured) and the city of Urmia, in Iran’s Kurdistan province. Ahmad Montazami, the head of the Iranian Foreign Ministry's office in Urmia, told Fars News Agency that the service could be started […]

Norway increases Support for Iraq by $2.6m

"The fight against Isil in Iraq is being won. Some 90 % of the areas previously held by Isil have been liberated, and over two million internally displaced Iraqis have returned home. These people are in a very vulnerable situation. It is vital that access to schools, hospitals and other basic services is restored as […]

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 […]

L-3 Wins Another Iraq Order

By John Lee. L-3 Fuzing and Ordnance Systems Inc., of Cincinnati, Ohio, has been awarded a $16,487,744 contract W15QKN-17-C-0024 for production quantities of 77,114 M783 point detonating/delay fuzes, relating to Syria and Iraq. Work will be performed in Cincinnati, Ohio, with an estimated completion date of Sept. 30, 2019. (Source: US Dept of Defense)

Iraq is Iran’s 2nd Biggest Non-Oil Customer

By John Lee. Iran's Trade Promotion Organization (TPOI) has issued data showing that five countries -- China, Iraq, UAE, South Korea and India -- accounted for 68.7 percent of Iran's total non-oil exports in the first five months of the current Iranian fiscal year (March 20-Aug. 22). Its non-oil exports (including gas condensate) fell 5 percent […]

In Basra, Fighting Rising Temperatures With Trees

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. To fight climate change in Basra, where summer temperatures now regularly rise to over 50 degrees Centigrade, locals plan to plant 16 million trees. The volunteers are on course for […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st Sept 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD778 (-1.0%) / $798 (-1.0%) (weekly change) (-18.9% and -15.7% YTD change, respectively). The number of week traded […]