Archive | 2017

Video: Offensive to Retake Mosul continues

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi counter-terrorism service (CTS) forces are advancing towards the Matahen neighbourhood as part of the ongoing offensive to retake Mosul city from Islamic State (IS) group jihadists:

Counter-ISIL Strikes Hit Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria, conducting 27 strikes consisting of 89 engagements against ISIS targets on Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes […]

Currency Auction Results, 11th Apr

By John Lee. The Central Bank of Iraq (CBI) has reported that 34 banks and 11 remittance companies took part in its currency auction on Tuesday. A total of $160,323,302 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

UK Firm wins Award for work in Iraq

Pell Frischmann has won the British Expertise ‘International Masterplanning Project of the Year’ Award at their 2017 awards dinner. Its Three Cities Masterplanning project saw transport infrastructure masterplanned for Basra, Hilla, and the combined Najaf and Kufa conurbation. To achieve that, the company helped each city to overcome a shortage of much needed local skills […]

Interview with Gati Saadi Al-Jebouri, VP of LUKOIL

The CWC Group’s Director, Nawar Abdulhadi interviews Mr Gati Saadi Al-Jebouri, LUKOIL Vice President, Head of Middle East Upstream in preparation for the 11th edition of the Iraq Petroleum Conference in May. Mr Al-Jebouri gives us his views on the Iraqi industry, how LUKOIL is working successfully in the country and his outlook for the […]

Romanian Companies may Dredge Tigris and Euphrates

By John Lee. The Minister of Water Resources, Dr.Hassan Janabi, has met with the Romanian Ambassador in Baghdad, Mr. Lacop Prada and the Economic Officer of the Embassy. During the meeting, they discussed cooperation in the area of irrigation, and the possible contribution of Romanian companies in dredging the Tigris and Euphrates rivers and preparing […]

Korea wins $100m Contract for Vote-Counting Machines

By John Lee. South Korea's Miru Systems has signed a $100-million deal to supply vote-counting machines to Iraq's Independent High Electoral Commission (IHEC). According to a report from Yonhap, Baghdad is reportedly considering using Miru's vote-counting equipment and solutions in the September local elections for the first time, ahead of a parliamentary vote planned for next […]

Will US keep Military Bases in Iraq after IS?

By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News.  The subject of whether US troops should remain in Iraq once the Islamic State (IS) is defeated in Mosul is raising questions and fueling controversy among Iraqis. On March […]

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 […]

NATO Delivers Counter-IED Equipment to Iraq

NATO has recently delivered and demonstrated 160 sets of counter-IED equipment to Iraq’s Ministry of Interior. Financed by NATO’s Defence Capacity Building Trust Fund, the equipment is an important contribution to Iraq’s efforts to fight terrorism and protect civilians. Speaking at a meeting of NATO Foreign Ministers, Secretary General Jens Stoltenberg welcomed the delivery, saying […]

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Canada gives additional US$2.2m for Stabilization in Iraq

The Government of Canada has contributed an additional US $2.2 million to UNDP’s Funding Facility for Immediate Stabilization (FFIS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings Canada’s total contribution to US$ 6.3 million to date. Based on priorities identified by the Government of […]