By John Lee. Saudi Arabia’s King Salman has promised to build a football stadium in Iraq. The news followed a friendly match between the two countries’ teams in Basra last week. The Iraqi-Saudi Ministerial Coordination Council met on Monday to discuss the measures needed to improve cooperation in the economic, investment, cultural and other sectors. […]
By John Lee. Ford has appointed Al-Kasid Group as its new authorised importer-dealer for the sale and service of Ford vehicles and distribution of Ford and MotorCraft® parts in all of Iraq, the company has announced. Al-Kasid Group is one of Iraq’s largest consortiums, and will be ready to welcome and serve Ford customers effective […]
On 6 March, the Government of Iraq as well as the United Nations and its partners launched their 2018 plans for Iraq – the Plan for Relief, Shelter and Stabilization of Displaced People, and the Humanitarian Response Plan. With the end of large-scale military offensives in late 2017, many families have been returning and are […]
By John Lee. Iraq's Commission for Accountability and Justice has reportedly completed the list of the relatives and associates of the late President Saddam Hussein (pictured), who are to have their assets confiscated. According to a report Asharq al-Awsat, the confiscation involves 52 senior officials from his former regime, and over 4,000 ex-ministers and officials […]
By Salam Zidane for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi government sent to parliament a revised version of the 2018 budget bill for the fourth time Feb. 11. The budget proposal includes a new 10% tax on sales at commercial centers, restaurants and […]
By John Lee. Reuters reports that Iraq’s parliament voted on Monday to establish a new Iraqi National Oil Company (INOC) to manage its upstream energy sector, and serve as an umbrella body for its state-owned oil firms. According to the report, the move revives a company originally established in the 1960s and merged into the […]
Houston-based GTC Technology is providing a gasoline production complex project for ABG (Al Barham Group Companies) for the refining and distribution of petroleum products. The grassroots complex will process 12,000 BPD of straight run naphtha (SRN) and untreated natural gasoline (UNG) blend feed to produce high octane gasoline meeting Euro-V specifications. The plant will be […]
A Kurdistan 24 press quoted Talar Faiq, the Director-General of Erbil International Airport (EIA) as saying that the KRG could suspend domestic flights between the Kurdistan Region’s airports and the rest of Iraq due to financial issues and Baghdad’s international flight ban. “Since the Iraqi government’s ban went into effect late September 2017, Iraqi Airways […]
NATO Secretary General visits Iraq, praises Allied trainers and Iraqi forces Secretary General Jens Stoltenberg began an official visit to Iraq on Monday (5 March 2018), paying a visit to NATO’s training facilities in Besmaya. For over a year, NATO has conducted training and capacity building activities for hundreds of Iraqi security forces, helping them […]
Combined Joint Task Force Operation Inherent Resolve and its partners continued to strike Islamic State of Iraq and Syria targets in designated parts of Syria and Iraq between Feb. 23-March 1, conducting 23 strikes consisting of 35 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported. Strikes in Syria Yesterday in Syria, coalition military […]
A total of 91 Iraqi civilians were killed and another 208 injured in acts of terrorism, violence and armed conflict in Iraq in February 2018*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The figures include ordinary civilians and others who can be considered civilian at the time of […]
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 […]
