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Could Plans for New Senior Council End Political Chaos?

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. Closed door meetings in Baghdad suggest an old idea, meant to solve Iraq’s political chaos, is being revived. It’s early but some hope it might help a Parliament that’s only […]

GE signs $520m Iraq Deal

GE has signed a multiyear agreement in Iraq with Mass Energy Group Holding. The $520-million contract includes operation and maintenance services as well as GE’s advanced digital industrial solutions for the 3-gigawatt gas-fired Basmaya [Bismaya] Power Plant, 40 kilometers east of Baghdad. This contract represents a continuing effort between Mass Energy Group Holding, the Iraqi […]

Counter-ISIL Strikes Hit 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 the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter […]

Regaining Qayyarah a Major Step in Defeating IS

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. Regaining Qayyarah a Major Step Towards Defeating Extremists Since it was liberated by Iraqi forces last month, Qayyarah has come to be seen as the key to freeing surrounding areas […]

Trump: If we took Iraq's Oil, we wouldn't have IS

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 […]

Oil Minister meets head of Exxon Mobil Iraq

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 […]

Yazidi Survivor Shortlisted for Human Rights Prize

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 […]

Ukraine to open Consulate in Kurdistan

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 […]

Coalition Strikes Continue Against ISIL 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 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 […]

Currency Auction Results, 7th Sept

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)