By John Lee. The Iraqi Ministry of Oil has declared oil exports of 100.9 million barrels for April, which brought in revenues of 3.386 billion dollars, according to the final statistics of the State Oil Marketing Organization (SOMO). This equates to an average selling price of $33.38 per barrel, and an export rate of 3.363 million […]
By Omar Sattar, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On May 19, Iraq signed an agreement with the International Monetary Fund (IMF) for a loan for as much as $15 billion over the next three years. Observers are wondering how Iraq will […]
Mr Frank Baker OBE, Her Majesty’s Ambassador to Iraq; Ján Kubiš (pictured), the Special Representative of the United Nations Secretary-General for Iraq; and Robert Bou Jaoude, the World Bank’s Special Representative for Iraq, have accepted invitations from Baroness Nicholson of Winterbourne to speak at the Iraq Britain Business Council’s (IBBC) annual weekend retreat at Cumberland […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Political Advisor (UNDP) Project Coordinator (UNDP) Procurement Analyst (UNDP) Security Sector Reform (SSR) and Oversight (UNDP) Social Cohesion and Community Mobilization Specialist (UNDP) International Consultant - Community Mobilization Specialist for UNHABITAT (UNDP) International Consultant/ Municipal Finance Expert (Budget and Execution) (UNDP) Child […]
By John Lee. The United Nations has advertised several new positions in Iraq: Director of Office and UNESCO Representative to Iraq (UNESCO) Senior Project Officer - Education Sector (UNESCO) Child Helpline (UNICEF) World Food Prorgamme - Finance Associate (UNDP) Project Coordinator (UNDP) Security Sector Reform (SSR) and Oversight and Accountability (UNDP) Consultant - Project Coordinator (Camp […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. At least 35 Iraqi soldiers have been killed outside of Fallujah while advancing on the second day of an offensive against the Islamic State of Iraq and the Levant (ISIL, also known as […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and ground attack […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 18 remittance companies took part in its currency auction on Wednesday. A total of $125,966,131 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The head of the State Oil Marketing Organisation (SOMO) said on Tuesday that Iraq is seeing increasing demand for its Basrah Light and Basrah Heavy crudes oil grades. Falah Alamri told Reuters: "There is a lot of demand in summer, more consumption now than the beginning of the year." He added that […]
By John Lee. The secretary of Iran's Cement Industry Employers Association has said that Iraq has promised to remove its ban on the import of Iranian cement. Fars news agency quotes Abdolreza Sheikhan as saying that following several meetings between Iranian and Iraqi officials, Baghdad promised to give priority to Iranian exports, once general ban […]
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. Iraqi Journalists Targeted By Security Forces During Green Zone Protests Last Friday demonstrators broke into Baghdad’s Green Zone a second time. Security forces were waiting for them - and the […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, […]
