By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Baghdad's residents are demanding beefed-up security measures and an international investigation into the gruesome July 3 bombing that rocked Baghdad's busy Karrada district, killing almost 300 people and injuring 200 more. The death toll […]
By John Lee. The Iraq Mission Chief for the International Monetary Fund (IMF) has said that he sees no reason to devalue the Iraqi dinar "under current circumstances", and says the authorities are "committed to maintaining the Iraqi Dinar’s peg to the U.S. dollar". Christian Josz told IMF News: "Iraq has maintained a peg to […]
By John Lee. France is to send more military advisors to Iraq, in addition to sending a aircraft carrier to the region, as it steps up its fight against the Islamic State group (IS, ISIS, ISIL, Daesh). President Francois Hollande (pictured) said: "We will intensify the army's efforts to support the Iraqis as they try […]
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, bomber, […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Omar al-Shishani, a top commander of the Islamic State of Iraq and the Levant (ISIL, ISIS, Daesh), has been killed in Iraq, a website affiliated with the armed group said. The Pentagon announced […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The U.S has signed a deal with the Kurdish regional government in northern Iraq, to help in the fight against ISIL (Islamic State group, ISIS, Daesh). The agreement bypasses Iraqi government leaders in […]
By John Lee. Gulf Keystone Petroleum (GKP) announced this morning that $500 million worth of company bonds are to be converted into equity, diluting current shareholders to a stake of just 5 percent of the company. The company's shares fell another 40 percent in early trading, and a new Chairman, Keith Lough, has been appointed […]
By John Lee. The United Nations has advertised several new positions in Iraq: Team Leader, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) TVET Expert, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Technical Specialists USAID Iraq Governance and Performance Accountability (IGPA) Project, Management Systems International (MSI) Contracts Assistant, UNICEF Livelihoods Research Consultant, International Alert (IA) Short-Term Expert on […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Project Manager, UN Women Financial Controller, Goal Monitoring, Evaluation, Learning and Accountability Manager, International Rescue Committee (IRC) Programme Assistant (WASH), UNICEF WASH Officer, UNICEF Project Manager, Save the children (Source: UN) (Recruitment image via Shutterstock)
Defense Secretary Ash Carter and one of his senior commanders offered some details about the role of the 560 additional U.S. troops the Defense Department announced yesterday will deploy to Iraq to support Iraqi forces combating the Islamic State of Iraq and the Levant. Carter spoke yesterday in Baghdad to reporters traveling with him. The […]
The Kurdistan Regional Government (KRG) has published its monthly production and export revenue overview for June 2016. During the month it exported 514k bpd from the Turkish port of Ceyhan, very slightly up on the previous month, at an average price of $36.43 per barrel, bringing in revenue of $562 million. The report is published […]
By John Lee. Iraq has been ranked 149th out of 160 countries in the World Bank's Logistics Performance Index (LPI), an fall of 8 places since the previous report in 2014. The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics […]
