Archive | 2018

NATO Stepping Forward on Training Mission to Iraq

NATO’s Allied Joint Force Command in Naples is stepping out smartly to establish the alliance training mission in Iraq, said Navy Adm. James Foggo, the commander of the Joint Force Command, in a recent interview. Iraqi leaders asked the alliance to stand up the mission, and NATO heads of state approved the request during the […]

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 […]

Capstone Wins 1MW Order for Microturbine in Iraq

US-based Capstone Turbine Corporation has announced today it secured an order for a remanufactured C1000R microturbine to an oil and gas production site in Northern Iraq. The associated gas-fueled C1000R microturbine will act as the primary energy source for the remote site and will require minimal maintenance. Jim Crouse, Executive Vice President of Sales and […]

Workshop on Tackling Corruption

Comprehend the Corruption Perception Index CPI to introduce meaningful Anti-Corruption Reforms The United Nations Development Program UNDP, in partnership with the Iraqi Commission of Integrity, organized a workshop designed to discuss and provide an understanding on the data and methodologies used to rank countries on the Corruption Perception Index (CPI). The Workshop organized jointly with […]

EU provides Healthcare for Vulnerable Communities

The European Commission for Humanitarian Aid (ECHO) has provided an additional € 4.5 million to the World Health Organization (WHO) to maintain health security and resilience for Internally Displaced Persons (IDPs), returnees and host communities in conflict-affected governorates of Iraq. This comes on top of the €29.2 million already contributed by the commission since 2015. […]

Market Review: “Frenzies and Market Bottoms”

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market, as measured by the RSISUSD index, marked an important bottom in July as part of a likely bottoming process. The multi-month bank selling shifted […]

Cabinet Approves Funding for Infrastructure Projects

The Cabinet held its weekly regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Haider Al-Abadi, and discussed progress in the implementation of measures to improve the delivery of essential services across Iraq. It approved an allocation of 4 billion Iraqi dinars for the comprehensive and immediate maintenance of the soil barrier […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd Aug 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD751 (-5.1%) / $806 (-5.1%) (weekly change) (-7.4% and -3.6% 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: Epidemiologist, WHO - World Health Organization Senior Programme Officer, UNOPS - United Nations Office for Project Services Child Protection Specialist, UNICEF - United Nations Children's Fund Programme Analyst, Gender/GBV, UNAMI - United Nations Assistance Mission for Iraq Deputy Representative, UNFPA - United Nations […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Emergency Response and Recovery (ERR) Program Manager, Catholic Relief Services (CRS) Education Project Coordinator, Norwegian Refugee Council (NRC) Deputy Health Coordinator, Première Urgence Internationale (PUI) Financial Coordinator, Première Urgence Internationale (PUI) Finance Officer, UNAMI - United Nations Assistance Mission for Iraq Logistics […]

Understanding Iraq’s Debt

By John Lee. The Al-Bayan Center for Planning and Studies has just published a new report from our Expert Blogger Ahmed Tabaqchali. Entitled "Understanding Iraq’s debt: An overview of its status, outlook and origins", the report argues that much of that debate about Iraq's debt is out of context, mixes loosely related facts and figures […]

Oil Exports Rise in July

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for July of 109,847,268 barrels, giving an average for the month of 3.543 million barrels per day (bpd), an increase from the 3.521 bpd exported in June. These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan. Revenues […]