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3.2 Million Displaced in Iraq - UNHCR

The UN High Commissioner for Refugees (UNHCR) has issued an update on the Iraq situation as at 23rd November: Key Figures 68,340: People currently displaced from Mosul district since the military offensive began on 17 October 9,207: UNHCR kits of core relief items distributed to families (assisting some 55,000 people) displaced from Mosul corridor 9,097: […]

Counter-ISIL Strikes Target Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter and remotely […]

Currency Auction Results, 24th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 13 remittance companies took part in its currency auction on Thursday. A total of $142,508,506 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

General Dynamics Wins $65m Iraq Contract

By John Lee. Michigan-based General Dynamics Land Systems has been awarded a $65,292,225 cost-plus-fixed-fee foreign military sales contract for contractor logistic support and training for M1A1 tanks and M88A2 recovery vehicles. Bids were solicited via the Internet with one received. Work will be performed in Iraq (85 percent); and Sterling Heights, Michigan (15 percent), with […]

Restrata, Agility train Iraq's Oil and Gas Workers

By John Lee. Restrata, a global player in consultancy and training services, has reportedly partnered with UAE-based logistics provider Agility to offer specialised training for oil and gas sector employees at the Rumaila Energy Park (REP). British-owned and UAE-headquartered, Restrata was created with the mission to build client resilience and optimize operations through effective management […]

Iraq considers building Oil Refinery in Pakistan

By John Lee. According to a report from Radio Pakistan, Iraq wants to build an oil refinery at Pakistan's Gwadar Port. Iraqi Ambassador Dr. Ali Yassin Mohammad Karim is said to have discussed the issue with Pakistan's Minister for Ports and Shipping, Mir Hasil Khan Bizenjo, at a meeting in Islamabad on Wednesday. The development […]

Oil Minister, PetroChina discuss Gas Investment

By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] has met with the Middle East head of PetroChina, Mr. Shaw Jian Vying, and his entourage. They discussed cooperation and development of the oil industry in Iraq. They also reviewed the new plans to raise the production and invest in gas at Halfaya oil field in […]

Military Strikes Continue Against ISIL Terrorists

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter and […]

Currency Auction Results, 23rd Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of $155,568,850 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Iran, Turkey fight over Tal Afar

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  “Tal Afar will be the cemetery of Turkish soldiers should Turkey attempt to take part in the battle,” Hadi al-Amiri, the head of the Badr Organization and a leader in […]

IS does "Incredible Job of Booby-Trapping Urban Terrain"

A report from the International Campaign to Ban Landmines says that forces of the so-called Islamic State (IS, also called ISIS or ISIL) fighting the government of Iraq have used victim-activated improvised mines, including explosive booby-traps, extensively since 2014. Numerous media reports in 2015 and 2016 suggest widespread use of victim-activated devices by IS forces […]

Millions of Iranians enter Iraq for Shiite Ritual

By Changiz M. Varzi for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  A day after millions of Shiite Muslims marked Arbaeen, the annual pilgrimage to the Hussein mosque in the Iraqi city of Karbala, the front pages of Iranian dailies on […]