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Cafe Bombed because it Employs Women

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. Religious Extremists Bomb Cafes In Basra Because They Employ Women In Basra a series of cafes and venues have been bombed. Such a security breach is rare in this part […]

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 on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]

Video: Iraq Recaptures Shirqat from IS

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq announces that its forces have recaptured a northern town from the Islamic State group in an operation launched ahead of a push for the city of Mosul:

Currency Auction Results, 22nd Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 15 remittance companies took part in its currency auction on Thursday. A total of $131,105,098 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

IMF Reaffirms Iraq Commitment after Zebari Ouster

By John Lee. Following the dismissal of Iraqi Finance Minister Hoshyar Zebari, the International Monetary Fund (IMF) has said it remains committed to working with Iraq on implementing a $5.34 billion loan. Bloomberg quotes IMF mission chief Christian Josz as saying that the Stand-by Arrangement (SBA) was approved in July, “and we are committed to […]

Gulf Keystone Petroleum: Half-Year Report

Gulf Keystone Petroleum (GKP) has announced its results for the six months ended 30 June 2016. Operational highlights Security situation and HSSE performance All operations in the Kurdistan Region of Iraq remain safe and secure with no significant HSSE incidents during the period Production and sales Strong production performance resulted in gross production of 6.0 […]

Latest Counter-ISIL Strikes 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 […]

Video: Military Commemorates Iran-Iraq War Anniversary

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iran has been holding nationwide parades to commemorate the anniversary of the 1980 war with Iraq. Every year, the event is used to highlight the latest advances in military technology. Al Jazeera's Reza […]

Finance Minister Zebari Sacked

By John Lee. Iraq’s finance minister, Hoshyar Zebari (pictured), has been voted out of office by the country’s parliament on Wednesday. Lawmakers voted 158 to 77 against Zebari, after a parliamentary inquiry last month into charges of corruption and mismanagement of public funds. Zebari, a senior Kurdish official who previously served as foreign minister, denies all […]

Diwaniya New Refinery: Another Dubious Proposal?

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Two recent statements from a non-oil producing province proposing a new oil refinery in the province, to be financed by private investor(s), were reported by local media. No reference was found to […]

Oil Minister Welcomes UK Companies

By John Lee. On Tuesday, Iraqi oil minister Jabbar al-Luaibi [Allibi] met the envoy of the British Prime Minister, Baroness Emma Nicholson, who was leading a delegation from the Iraq British Business Council (IBBC). The two parties discussed cooperation and the development of the oil and gas industry in Iraq. Mr. Allibi said the Ministry […]