Archive | 2017

Officials Release Details of Latest Strikes Against IS

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 35 strikes consisting of 78 engagements, 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 In Syria, coalition […]

Currency Auction Results, 25th Apr

By John Lee. The Central Bank of Iraq (CBI) has reported that 35 banks and 11 remittance companies took part in its currency auction on Tuesday. A total of $150,855,122 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

The New INOC Law: Brief and Dysfunctional

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The New INOC Law: Brief and Dysfunctional The Cabinet approved, on 23 March 2017, the new law for the Iraqi National Oil Company (INOC) and passed it to the Parliament/House of Representatives […]

Genel Energy: Hayward to Step Down

Genel Energy has announced that Stephen Whyte has been appointed as an independent non-executive director and Chairman designate with immediate effect. Tony Hayward (pictured) will retire as a Director and Chairman of the Company at the conclusion of the 2017 AGM, to be held on 6 June 2017, at which point Stephen Whyte will take […]

From Bombs to Bytes: How Tech can Transform Iraq’s Economy

By Ashley Goodall. From Bombs to Bytes: How tech can Diversify and Transform Iraq’s Economy One of the big hits at this year’s Iraq Britain Business Council (IBBC) conference was the tech panel (pictured) with four leading Tech companies using tech to deliver their unique services: Zain Telco, launching Zain Cash, Restrata who offer cyber […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Apr 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD947 (-1.6%) / $972 (-1.6%) (weekly change) (-1.3% and +2.6% YTD change, respectively). The number of week traded […]

Military Strikes Continue Against ISIS in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 31 strikes consisting of 97 engagements, 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 In Syria, coalition […]

Currency Auction Results, 24th Apr

By John Lee. The Central Bank of Iraq (CBI) has reported that 37 banks and 11 remittance companies took part in its currency auction on Monday. A total of $155,485,508 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

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 […]

Plague of Medical ‘Brokers’ Puts Patients Health at Risk

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. It was a strange way for the Basra orthopaedic doctor to find out he was dead. “One of my patients came to see me for a routine check-up, something he […]