By John Lee. Iraq's Commission of Integrity has revealed that it has concluded cases resulting in fines of more than 245 billion dinars ($206 million) on private banks, due to violations relating to customs licences and foreign currency auction instructions for 2012. The CoI mentioned that one of these corruption cases related to a private […]
By James Risen, for The Intercept. Massive, sustained protests in Baghdad and Tehran that have been met with violent responses from security forces throughout the fall and winter have rapidly altered the political dynamics in both Iraq and Iran. But it is still uncertain whether the grassroots anger that has erupted will lead to significant […]
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. Iraqis await fallout from NYT expose on Iranian influence Many Iraqis are waiting for the other shoe to drop after The Intercept and The New York Times published "The Iran […]
By John Lee. Korean cosmetic brand Missha has reportedly entered the Iraqi market. According to Korea News Plus, the brand, owned by Able C&C, has opened its first store at the Zayoona Mall in Baghdad. (Source: Korea News Plus)
By John Lee. Three men and a woman have reportedly been charged in Canada in connection with a scheme to smuggle stolen high-end cars and pickup trucks into Iraq. According to CP24, the gang stole 39 cars, including a BMW X6, usually from car rental agencies. The accused are named as Yehia al-Jbouri, Amer al-Ogaili, […]
By Ignacio Miguel Delgado Culebras, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. A group of armed men wearing black uniforms stormed into my house in Baghdad and abducted me,” Iraqi blogger Shojaa Fares al-Khafaji told me a few days […]
By John Lee. The AMAR Foundation is working to record, protect and teach the unique music of the Yazidi people in northern Iraq. Part of the British Council’s Cultural Protection Fund, the project is helping to preserve and sustain this endangered music for future generations of Yazidis. Developing over a long and complex history, Yazidi […]
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 […]
Stabilizing liberated areas in Iraq post-ISIL remains a top priority for Germany The German Federal Foreign Office has contributed another 11 mio USD to the Funding Facility for Stabilization (FFS), managed by the United Nations Development Programme (UNDP). It will support stabilization and recovery efforts for Iraq post-ISIL, which includes repairing essential public infrastructure and […]
By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. What is the fate of Baghdad-Erbil’s oil-for-budget agreement amid ongoing protests? The Kurdistan Region of Iraq has vast proven oil and gas resources; however, mismanagement, corruption and ruling parties’ monopoly on power have brought […]
The following Security Council press statement was issued on Friday by Council President Kelly Craft (United States): The members of the Security Council welcomed efforts for an inclusive dialogue between the Government and people of Iraq to urgently deliver reforms aimed at addressing legitimate demands over economic opportunity, governance and electoral legislation. The members of […]
By Amnesty International. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi authorities must step up to their responsibilities and take immediate and effective action to put an end to a growing lethal campaign of harassment, intimidation, abductions and deliberate killings of activists and […]
