U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported on Tuesday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber […]
By Fehim Taştekin for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Turkey has been officially uninvited — in no uncertain terms — to the liberation of Mosul, Iraq. When rumors began piling up recently that Turkey — after launching Operation Euphrates Shield in […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 14 remittance companies took part in its currency auction on Tuesday. A total of $152,653,486 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Oil Minister Jabar Ali al-Luaibi (Allibi) met the President of Russia's Lukoil, Vagit Alkpirov [Alekperov], at the his office on Sunday. The Minister confirmed plans to develop the production and investment gas this year and next year, at called for Lukoil to participate in new projects to be started next year. Mr […]
By John Lee. Iraq's Supreme Court ruled on Monday that Prime Minister Haider al-Abadi's attempt to abolish the roles of Vice President and Deputy Prime Minister was unlawful. It said the roles are required under the constitution, and can only be eliminated by an absolute majority in parliament and then ratified by a national referendum. […]
The Head of KRG Foreign Relations, Minister Falah Mustafa, yesterday received Lebanese Chargé D'affaires in Iraq Mr. Walid Ghoussaini. The Lebanese Chargé D'affaires gave an overview of the participation of the Lebanese companies in the economic development of the Kurdistan Region and highlighted the desire of the Lebanese companies to broaden the scope of their […]
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. Can Iraq reach dam agreement with Turkey to protect marshes? Severe drought is affecting agricultural lands across Iraq because of the low levels of river water. Iraqi officials […]
By John Lee. Oil Minister Jabar Ali al-Luaibi (Allibi) met Indonesian Ambassador Banbage Intaricso and his entourage in his office on Thursday. The two parties discussed the strengthening the cooperation between the two countries in the oil an gas sector. Mr. Allibi called on Indonesian companies to participate in the sharing investment contracts in the […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber and […]
By John Lee. Iraq's Ministry of Oil has announced that it has agreed to limit its oil production target to 4.75 - 5 million barrels per day. The country is currently producing around 4.6 million bpd. Oil Minister Jabar Ali al-Luaibi (Allibi) is going to participate in the OPEC meetings at the end of November, […]
The Prime Minister of the Kurdistan Regional Government (KRG), Nechirvan Barzani, has praised the role of the private sector in stimulating Kurdistan’s economy, as the region is dealing with financial challenges. During a speech at a conference organized by the Kurdistan Federation of Chambers of Commerce and Industry on Sunday, Prime Minister Barzani said that […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Oct 2016). Note: ISX will be closed on Oct. 12, 2016 due to the Day of Ashura. Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ793 (+2.7%) / […]
