By John Lee. US Presidential candidate Donald Trump has said that the Islamic State group (IS, ISIS, ISIL, Daesh) grew because the United States failed to “take the oil” in Iraq after invading the country, allowing IS to use it to finance their operations. He told NBC: "I've always said, shouldn't be there, but if […]
By John Lee. Iraqi oil minister, Jabbar al-Luaibi (Allibi), met with the head of Exxon Mobil Iraq, Paul Thiss, in his office on Wednesday to discuss cooperation and investment in the Iraqi energy sector. The Minister said Iraq is about to enter a new age of development of its oil and gas industry and is […]
By John Lee. A Kurdish Yazidi survivor of the Islamic State group (IS, ISIS, ISIL, Daesh) sex slavery has been shortlisted for the prestigious Václav Havel Human Rights Prize for her outstanding activities in the defense of human rights. Nadia Murad managed to excape captivity, and now brings the plight of the Yazidi community, in […]
In his meeting with the KRG Minister of Foreign Relations, Ambassador of Ukraine to Iraq Mr. Anatolii Marynts announced the decision of the government of Ukraine to open an honorary consulate in the Kurdistan Region in a near future. The Ambassador expressed his government’s desire to further broaden ties with the Kurdistan Region in various […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Wednesday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of $130,433,092 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
WFP Distributes Food To Families In Northern Iraqi Town Besieged For Over Two Years The United Nations World Food Programme (WFP) has distributed desperately needed food for more than 30,000 people in and around the northern Iraqi town of Qayyarah, 60 kilometres south of Mosul. The town was under siege and inaccessible for over two […]
The Iraqi German Functional Imaging Clinic is expected to begin seeing patients next month, marking the first time patients in Iraq will have access to functional imaging exams at a privately owned facility. Dr. Ibrahim Al Butaihi, the director of the project and consultant in nuclear medicine at Maasstad Hospital in Rotterdam, Netherlands, told HCB […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported on Tuesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and fighter […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. More than a million people could be affected by an upcoming offensive against ISIL, the UN has warned. The country now faces one of the world’s largest number of displaced people at more […]
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 $135,228,418 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Iraq has reportedly put out fires at six more oil wells in the Qayara region, which Iraqi forces recaptured from the Islamic State group (Daesh, IS, ISIS, ISIL) last month. But Reuters quotes the Iraqi oil ministry as saying on Tuesday that at least three fires are still blazing. The wells had […]
