Archive | 2018

Video: Book Culture Returns to Mosul

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Literary cafes, poetry readings and pavement bookstalls -- Mosul's cultural scene is back in business, months after Iraqi forces ousted the Islamic State group from the city following three years of jihadist rule. View […]

IFJ warns about Media Freedom Violations in Kurdistan

The International Federation of Journalists (IFJ) has denounced the multiple media freedom violations in the Iraqi Kurdistan region documented in a new report by IFJ affiliate the Kurdistan Journalists Syndicate. The 2017 annual report of media freedom violations, published by the KJS’ Committee for the Defense of Press Freedom & Rights of Journalists, reveals that […]

Coalition Aviation Advisory and Training Team established in Iraq

U.S. Air Forces Central Command, in coordination with Combined Joint Task Force – Operation Inherent Resolve, stood up a Coalition Aviation Advisory and Training Team in Iraq Feb. 1. This standup will help to develop an Iraqi aviation enterprise capable of safeguarding the country from ISIS and its affiliates. The CAATT, in partnership with the […]

Denmark Contributes $21.4m for Stabilization in Iraq

Denmark has contributed an additional US$ 21.4 million (DKK 135 million) to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives to stabilize areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings Denmark’s total contribution since 2015 to US$ 38.1 million (DKK 246 million). UNDP Resident Representative for Iraq, […]

Coalition Announces Shift in Focus as Iraq Campaign Progresses

Enabled by accelerated successes following the liberation of Mosul, the coalition will shift its focus in Iraq from enabling combat operations to sustaining military gains against the Islamic State of Iraq and Syria, Combined Joint Task Force Operation Inherent Resolve officials announced today. “The coalition will tailor our forces in consultation with our Iraqi partners […]

Corruption Probes: Iraq takes Custody of Officials

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Iraq is boosting its efforts to extradite fugitives wanted in corruption cases. On Jan. 25, Iraqi authorities in cooperation with Interpol took custody of former Trade Minister Abdel […]

Conserving Iran and Iraq’s Wetlands

There’s growing awareness in the Islamic Republic of Iran that wetlands are valuable and sustain livelihoods. Ramsar, “the gem of northern Iran”, is the town that gives its name to the Ramsar Convention. The Convention is an intergovernmental treaty that provides the framework for national action and international cooperation for the conservation and wise use […]

Four Special Economic Zones open for Investment

By John Lee. Iraq's National Investment Commission (NIC) has included four Special Economic Zones in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Huteen zone/ Babylon Province for medium & heavy engineering manufacturing. Huteen is located […]

Iraqi Stock Market Jumps 11%

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st Feb 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD876 (+10.8%) / $912 (+11.0%) (weekly change) (+8.0% and +9.1% YTD change, respectively). The number of week traded […]

$210m Project to Improve Baghdad Water

Iraq: 5 Million Residents in Baghdad to Benefit from Improved Water Supply and Wastewater Services A US$210 million World Bank project will improve the quality of drinking water supply and wastewater services to 5 million residents in Baghdad who suffer from water shortages and the outbreak of waterborne diseases due to inadequate infrastructure, rapid population […]

Rotork to supply Karbala Refinery Project

By John Lee. British-based engineering company Rotork is to supply the Karbala Refinery project in Iraq. According to a press release from the company, Rotork will provide large quantities of IQ3 non-intrusive intelligent electric valve actuators, designed specifically for automated flow control systems in hazardous environments. Due to open in 2020, the State Company of […]