By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 12 remittance companies took part in its currency auction on Tuesday. A total of $146,467,247 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Kurdistan Regional Government's Ministry of Higher Education and Scientific Research has requested proposals from investors interested in setting up two new private universities. One university will be in Erbil, and one in Sulaymaniya. Proposal should be sent to the Ministry HQ by 11th November, 2016. More information here. (Source: KRG)
By John Lee. In its results for the first nine months of the year, Qatar-based Ooredoo said this morning that business at its Iraqi subsidiary Asiacell is still affected by the political and economic situation in the country, a "dysfunctional banking system", and VAT impact. Despite these challenges, Asiacell maintained its revenue leadership in the […]
Iranian and Iraqi prosecutor generals on Sunday signed a Memorandum of Understanding (MoU) in Baghdad on cooperation in various judicial fields. Iran’s Prosecutor General Mohammad Jafar Montazeri and his Iraqi counterpart signed the 8-clause MoU after a meeting of the two countries’ high-ranking judicial officials. Based on the MoU, Tehran and Baghdad will collaborate on […]
According to UNICEF, Iraq is now one of the most dangerous places in the world for children -- this lawyer and mother is doing something about it! As Iraq liberates Mosul, an Iraqi American mother and lawyer, thousands of miles away, is training to run in the November 6 New York City Marathon. As she did at the Chicago Marathon and the […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Mosul offensive, which has been going on for about two weeks now, has seen several villages, towns and cities damaged or destroyed. The fighting will add to the hundreds of thousands of […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Guli Hassan Warani's village east of the Iraqi city of Mosul was retaken from jihadists five months ago but it is still a ghost town that its Kakai residents are struggling to rebuild.
By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 15 remittance companies took part in its currency auction on Monday. A total of $148,924,319 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
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. Iraqi Oil Minister Jabar Ali al-Luaibi called on Egyptian companies to participate in oil investment contracts. He said during a meeting with the Egyptian ambassador in Baghdad, Hassan Ahmed Darwish, […]
Three months ago, four Air Force engineers with the 1st Expeditionary Civil Engineer Group arrived in northern Iraq to conduct a reconnaissance mission for what would become a historic undertaking. The engineers were informed their task had never been attempted in Iraq. Their mission: Mitigate runway damage caused by the Islamic State of Iraq and […]
By Muhannad Al-Ghazi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The battle of the Euphrates islands: The last stages in the fight against IS Many islands in the Euphrates River in Anbar province have been or still are under the control of the Islamic State […]
