Ambassador James Jeffrey Assumes Role of Special Envoy to the Global Coalition to Defeat ISIS Ambassador James Jeffrey (pictured), the current Special Representative for Syria Engagement, has taken on the additional role of the Special Envoy to the Global Coalition to Defeat ISIS, effective January 4, 2019. With this additional responsibility, Ambassador Jeffrey will lead […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd January 2019). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX will be closed on Sunday (Jan. 6, 2019) due to the official holiday of Iraqi Army Day. The next trading session will be […]
By John Lee. Iraq's Minister of Foreign Affairs, Mohamed Ali Alhakim [Mohammed Ali al-Hakim] (pictured) has been quoted as saying that Iraq is not obliged to abide by US sanctions against Iran. According to Rudaw, he told journalists on Wednesday: "These sanctions, the siege, or what is called the embargo, these are unilateral, not international. We […]
During December 2018 a total of 32 Iraqi civilians were killed and another 32 injured in acts of terrorism and conflict-related violence. Ninewa was the worst affected Governorate with 26 civilian casualties (07 killed, 19 injured) followed by Baghdad with (17 killed and 03 injured) and Salahadin (03 killed and 03 injured). The figures include […]
The past year has seen many developments in Iraq, including the successful completion of parliamentary elections (admittedly with a low participation of voters), the installation of a new cabinet (with a few posts still to be filled), and a considerably higher oil price than in the previous year (although that has fallen back considerably towards […]
By John Lee. Iraqi Kurdistan poultry industry is reported to have dramatically increased over the last five years. Haider Farhan, head of Kurdistan Region’s poultry industry high council, told Rudaw that there are now 2,000 chicken farms in the Kurdistan Region, producing nearly 190 tons of meat annually. More here. (Source: Rudaw)
By John Lee. The Iraqi Ministry of Agriculture has banned the import of oranges, due to "the abundance of local produce and support for our national economy". A "technical agent" at the ministry, Dr. Mahdi Mohammad al-Qaisi (pictured), confirmed that this is the first ban on the importation of oranges since 2003. (Source: Ministry of […]
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 Mustafa Habib. Drama On Iraq’s Councils After Provincial Elections Are Cancelled Again Conflict at federal level is complicating local politics too. Provincial elections have not been held for five […]
By John Lee. UK-based Weir Group has reportedly signed a $5-million contract to provide "rotating equipment overhaul services" in Iraq. The client was not named, but was described as "a major Iraq JV". (Source: Arabian Industry)
By John Lee. Prime Minister Adil Abd Al-Mahdi and Jordan's Prime Minister Dr. Omar Razzaz have agreed a series of measures to increase cooperation between the two countries. Following a meeting at the weekend, they announced that, among other steps, they will finalize the framework agreement for the Iraqi-Jordanian pipeline which will run from Basra […]
By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for December of 115,517,974 barrels, giving an average for the month of 3.726 million barrels per day (bpd), a increase from the 3.377 bpd exported in November. These exports from the oilfields in central and southern Iraq amounted to 112,450,367 barrels, while exports by […]
By John Lee. Authorities in Iraqi Kurdistan are said to be hopeful that a meeting later this month between Turkish President Recep Tayyip Erdoğan and Iraqi President Barham Salih will lead to Turkey lifting its ban on international flights crossing its airspace to land at Sulaymaniyah Airport (pictured). According to a report from Ahval News, Turkey […]
