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 yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]
By John Lee. The South Oil Company (SOC) has officially taken over the stake in the Zubair oil field formerly held by US-based Occidental Petroleum, which has withdrawn from the project. Repressentatives of Italy's Eni and the Korea Gas Corporation (KOGAS) signed the agreement along with the Ministry of Oil. Mr. Laith Al-Shaher, the director general […]
By John Lee. The Governor of the Central Bank of Iraq (CBI), Ali al-Alak, has reportedly said that Iraq's foreign reserves have dropped to $50 billion. According to a report from Reuters, this is down from $59 billion at the end of October 2015. Prime Minister Haider al-Abadi has announced plans to narrow the public […]
An Iranian deputy foreign minister expressed Tehran’s willingness to ease visa requirements for incoming tourists from Iraq if Baghdad’s government would agree to do so for Iranians traveling to the Arab country. “I have announced in my latest consular trip (to Iraq) that we are willing to remove the visa requirements or take any measure […]
The Italian Ministry of Foreign Affairs and International Cooperation has provided funding for IOM to implement a project to contribute to stabilization of conflict-affected communities in Diyala governorate, Iraq. The one-year project aims to foster social cohesion, reduce tensions between local communities and displaced Iraqis and returnees, and support the role of women in peace […]
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, fighter and […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 14 remittance companies took part in its currency auction on Wednesday. A total of $138,951,680 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Government of Antigua & Barbuda has shelved plans for an Iraqi-funded project, which Prime Minister Gaston Browne (pictured) had claimed to be worth “several hundred million dollars”. Browne said on Tuesday that the project, part of the Citizenship by Investment Programme (CIP), was now “off the table”. It was to have been […]
The Kurdistan Region’s Ministry of Natural Resources (MNR) has said it is investigating a senior official who may have given “confidential data for oil and gas blocks” to a London-based company. In a statement, the MNR said that a London-based company is promoting itself to potential investors as a new upstream investment vehicle focussed on […]
By John Lee. Oshkosh Defense has been awarded more business in Iraq -- a $31,159,954 sales contract for "149 Family of Medium Tactical Vehicles and 19 B-kits". Work will be performed in Oshkosh, Wisconsin, with an estimated completion date of July 31, 2018. In recent weeks, the company has won more than $400 million in […]
By John Lee. Iraqi Authorities in have reportedly seized an estimated 120 tons of expired medicine at the port of Umm Qasr in recent months. The Deputy Head of Umm Qasr Customs, Ahmed Qasim, told NRT Arabic more than 30 containers were seized, with another seven still to be checked. “The medicine in those containers […]
Top security officials from Iran and Iraq weighed plans for cooperation in the intelligence sphere in the fight against terrorism. The Secretary of Iran’s Supreme National Security Council (SNSC), Ali Shamkhani, and head of Iraq’s National Intelligence Service, Mustafa Kadhimi, held a meeting in Tehran on Sunday. A range of issues were discussed at the […]
