Archive | 2019

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th December 2019). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX will be closed during December 27, 2019 - January 1, 2020 due to the end-of-year closing operations. The next session will be held […]

Kirkuk: Youth Discuss Reconciliation and Stability

Kirkuk: Youth come together to discuss issues of reconciliation and stability Twenty-four young women and men, representing the youth of Kirkuk Governorate, recently met in Kirkuk city to discuss what the youth see as key issues in the context of their Governorate. In the presence of the Head of the United Nations Assistance Mission for […]

Lockheed Martin wins $40m Radar Contract

By John Lee. Lockheed Martin Rotary and Missions Systems has been awarded a $39,645,726 definitive contract for a Long Range Radar 3. This contract provides for the necessary equipment, transportation, installation, test, training, spares, engineering services, hardware, software, program management and data as defined by the Special Operations Wing to deliver a Long Range Radar […]

$3.4m to support Women and Children in Iraq

UNFPA renews its partnership with the European Regional Development and Protection Programme for Lebanon, Jordan and Iraq (RDPP II) with a multi-year grant of a total of DKK 22,056,446, equivalent of US$ 3.36 million to the Fund’s on-going interventions to mitigate and respond to gender-based violence in Iraq. The conflict in Iraq and the subsequent […]

Iraq discusses Joining European Bank for Reconstruction and Development

By John Lee. The Ambassador of Iraq in London, Mr. Mohammad Jaafar Al-Sadr, has met Mr. Enzo Quattrociocche, the Secretary-General of the European Bank for Reconstruction and Development (EBRD). During the meeting, they discussed the possibility of Iraq joining the bank. The Ambassador stressed the importance of moving forward with the implementation of Iraq’s economic […]

Iraq to Reopen Border Crossing with Iran

By John Lee. Iraq has reportedly announced the reopening of the Mandali border crossing in Diyala governorate, which connects Iraq with Iran. According to Kurdistan24, the crossing had been closed for nearly five months, following allegations of corruption. It says that Adel Abdul Mahdi, who remains Iraq’s interim Prime Minister, decided to re-open the crossing […]

Constitutional Vacuum after failure to choose PM

Iraq: Constitutional vacuum after failure to choose prime minister Iraq has entered a constitutional vacuum after the deadline set for political parties to agree on the next prime minister passed without success. The agency said hundreds of anti-establishment protesters have blocked major roads in the capital, Baghdad, and in central and southern provinces to protest […]

Report Documents Security Violations Against Protesters

Daring to kill and an absent justice: Report documents Iraqi security violations against protesters The Euro-Mediterranean Human Rights Monitor urged the Iraqi authorities to open a comprehensive investigation into all the killings, kidnappings and torture Iraq has witnessed since the protests broke out last October 1 and to ensure it is independent, and to release […]

HQTS Awarded Iraq Quality Certificate

China-based HQTS has been awarded a Conformity Certification (COC) certificate by the Government of Iraq to conduct quality assurance services on imported goods to the country. Iraq’s Minister of Planning, Dr. Nouri Sabah al-Dulaimi, announced yesterday that HQTS was one of the just four successful bids and the only Chinese company selected out of 19 […]

CIMIC settles "Bribery" Class Action

Australian construction giant CIMIC, formerly known as Leighton Holdings, has reportedly settled a long-running class action with investors over allegations its senior executives had knowledge of corrupt behaviour relating to the Unaoil bribery scandal that hit the company's share price. The class action alleged that CIMIC failed to comply with its continuous disclosure obligations and […]

Targeting of US bases a harsh Iranian message to US

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. Targeting of US bases in Iraq a harsh Iranian message to Washington The US government believes Iran is behind a series of advanced missile attacks, which have increased recently, […]

Cabinet to Support Projects in Health, Oil sectors

The Iraqi Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The Prime Minister told the Cabinet that the current government will continue to discharge its  duties until the formation of the next Iraqi government. The Prime Minister then outlined some of the key achievements of […]