Archive | 2018

Basra Protests: Oil Minister Orders More Jobs

By John Lee. Protestors took to the streets of Basra for the fourth day on Wednesday, protesting the killing of a demonstrator by security forces, and demanding jobs and public services. According to AFP, protesters also blocked the road leading to the oilfields of West Qurna, while international oil companies (IOCs) have reportedly moved senior […]

ONEm Partners with Asiacell Iraq

UK-based ONEm is partnering with Asiacell to bring unlimited news and entertainment content from Reuters to Iraq. Asiacell subscribers can now exclusively access global news on any mobile device. The #Reuter service provides full coverage of real time news and entertainment content in Arabic delivered by SMS. Users interact with the #Reuter service menu by […]

NATO sets up new Training Mission in Iraq

By John Lee. On Wednesday, "as requested by the Iraqi government", NATO launched a new training mission in Iraq. Canada has agreed to lead the non-combat mission of several hundred trainers. NATO Secretary General Jens Stoltenberg said: "We will also establish professional military schools and academies for the Iraqi forces". (Source: NATO)

IBBC holds annual Cumberland Lodge Conference

IBBC holds annual Cumberland Lodge Conference with Political, Academic, Education and Business Experts, 6-8 July The Iraq Britain Business Council hosted its annual Cumberland Lodge Retreat on 6-8 July, inviting a host of political, business, academic and education experts to discuss the most pertinent issues relating to Iraq and its future. The title of the […]

Video: Mosul Celebrates, One Year after IS Ousted

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A group of Mosul residents celebrates, as the Iraqi city marks one year since pro-government forces recaptured it from the Islamic State group. View on YouTube

Etihad Food Industries wins Govt Contract

By John Lee. Iraq's Etihad Food Industries will reportedly provide Iraq's Ministry of Trade with 200,000 tonnes of sugar and 90,000 tonnes of vegetable oil. According to Reuters, the Ministry has also bought rice from Vietnam and wheat from Australia. (Source: Reuters)

Video: Amber Rice Crop Devastated by Drought

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In southern Iraq, fields where rice has been sown for centuries now lie bare for lack of water…. This season many farmers have not planted the treasured amber rice local to Diwaniyah province because […]

UNDP supports Basic Services in Erbil

The United Nations Development Programme (UNDP) and Erbil Governorate have launched eight infrastructure projects to improve services that are fundamental to daily life, such as electricity, water, roads, and sewerage, for over 284,000 people across the Governorate of Erbil. With the continuous support from the Government of Germany, UNDP’s Iraq Crisis Response and Resilience Programme […]

Video: Orphan Beggars Flood Mosul Streets

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Years of war and jihadist rule have left their mark on the city of Mosul, giving rise to a string of new social challenges that include dozens of orphans beginning for money after losing […]

Dana Gas gets $44m from KRG in 1H

By John Lee. Dana Gas has said it has received $43.8 million in dividends from Pearl Petroleum Company Limited for condensate and LPG sales in the Kurdistan Region of Iraq (KRI) in the first half of 2018, including a $7 million payment for the month of June. The company added that the capacity to process […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th July 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD733 (-5.3%) / $786 (-5.3%) (weekly change) (-9.6% and -5.9% YTD change, respectively). The number of week traded […]

Anbar’s Would-Be MPs Still Owe Millions

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. By Kamal al-Ayash. After Elections, Anbar’s Would-Be MPs Still Owe Millions Candidates in the recent elections spent millions of dinars on their campaigns in Anbar. Or at least, they promised […]