Archive | 2017

Counter-ISIS Strikes Continue in Syria, Iraq

U.S. and coalition military forces have continued to attack the Islamic State of Iraq and Syria, conducting 27 strikes consisting of 55 engagements against ISIS targets 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 […]

Currency Auction Results, 4th 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 $159,961,907 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Japan to Resume Lending to Iraq

By John Lee. Nikkei Asian Review reports that state-owned Japan Bank for International Cooperation (JBIC) and the country's two leading commercial banks -- Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking -- are preparing to make Japan's first loan to Iraq in 31 years. The consortium will support an Iraqi government power project with a […]

Intra-Kurdish Rivalries Spill Into Iraqi Oil Trade

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. Who owns Kirkuk, the major northern city with the major oil resources? The authorities in Iraqi Kurdistan have always considered it part of their semi-autonomous region which meant that the […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Staff Counsellor, United Nations Assistance Mission for Iraq (UNAMI) Field Security Assistant, United Nations Assistance Mission for Iraq (UNAMI) Senior Electoral Officer (IT/Database Adviser), United Nations Assistance Mission for Iraq (UNAMI) National Security Officer, United Nations Assistance Mission for Iraq (UNAMI) Senior Protection […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Administrative Assistant, United Nations Assistance Mission for Iraq (UNAMI) Emergency Officer, United Nations Children's Fund (UNICEF) Adolescents in Northern Iraq - Consultant, Save the Children Education Manager, Save the Children Children's Mental Health and Psycho-social Well-being (MHPSS) Senior Admin/Finance Officer, Office of […]

What role will Iran-linked militias play once IS leaves Iraq?

By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Iraqi Prime Minister Haider al-Abadi said recently that any group taking up arms in Iraq outside the state's official framework will be considered outlaws. However, it seems at least […]

Video: Battle for Mosul

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. More than two years ago, ISIL forces overran the largest city in northern Iraq, Mosul, shocking the world with the speed and the ferocity of their victory. It was here that the Islamic […]

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 Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th Mar 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD965 (-5.4%) / $990 (-5.4%) (weekly change) (+0.5% and +4.5% YTD change, respectively). The number of week traded […]

Iraq oil Output Falls on OPEC Cuts

By John Lee. The Director of the State Oil Marketing Organization (SOMO), Falah al-Amiri, has told reporters that crude oil exports so far in March average 3.756 million bpd, including 515,000 bpd exported by Iraqi Kurdistan. According to Reuters, Iraq's oil production is down by more than 300,000 bpd, to 4.464 million (bpd), due to OPEC […]

Iraq’s Marshes, New UNESCO Site, see Increase in Tourism

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. Iraq’s Mythical Marshes, New UNESCO Site, See Increase In Tourism Over the past few months, the legendary marshes of Hawizeh have come alive again – and this time, with the […]