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Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th Apr 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD780 (-2.3%) / $788 (-1.2%) (weekly change) (-28.4% and -31.2% YTD change, respectively). The number of week traded […]

Al Jazeera Closure "a Blow to Free Speech", HRW

By Human Rights Watch. The closure of Al Jazeera’s Baghdad bureau by the Iraqi Communications and Media Commission is nothing but an effort to clamp down on freedom of expression. The commission should promptly reverse its decision and allow the bureau to operate freely in accordance with international standards on freedom of the media and […]

Video: Protesters Storm Iraqi Parliament

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thousands of angry protesters broke into Baghdad's heavily fortified Green Zone on Saturday and stormed the parliament building after lawmakers again failed to approve new ministers:

More than 700 Iraqis Killed in April

A total of 741 Iraqis were killed and another 1,374 were injured in acts of terrorism, violence and armed conflict in Iraq in April 2016*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in April was 410 (including 11 federal police, Sahwa civil defence, […]

Video: Is People Power Emerging in Iraq?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. After months of relatively peaceful protests, anti-government demonstrations in Baghdad have turned violent. A state of emergency was declared across the Iraqi capital following the storming of the Green Zone. The heavily fortified […]

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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 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, ground-attack […]

Video: Rare IS Bombings in Southern Iraq

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Islamic State group carried out rare attacks in Iraq's deep Shiite south Sunday, killing at least 33 people with twin suicide car bomb blasts in the city of Samawa:

Netherlands will Continue Support to Kurdistan Region

Prime Minister Nechirvan Barzani yesterday received a delegation of The Netherland's Parliament Foreign Affairs Committee headed by Committee Chairperson Ms. Angeline Eijsink, along with representatives of political parties at the Dutch Parliament. The delegation praised the people, government, and the Peshmerga forces of the Kurdistan Region, who, under very difficult circumstances, have been combating the […]

Currency Auction Results, 2nd May

By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 20 remittance companies took part in its currency auction on Monday. A total of $96,077,314 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Gazprom Updates on Iraq Ops

By John Lee. In a Management Report released to the markets, Gazprom gave the following update on its operations in Iraq: The Badrah field (pictured) (30% held by Gazprom Neft Group): In 2015 production was 1.4 million tons of oil, a level sufficient for the project to pay back. The Garmian block in Iraq (Kurdistan) […]

GKP seeks Relief with Bondholders

By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed down nearly 3 percent on Friday after it reached agreement with less than 75 percent of its bondholders to delay making interest payments. The company's full statement: Further to the Company's disclosure on 14 April 2016, Gulf Keystone confirms that constructive dialogue continues with a […]

Strikes Continue Against ISIL Targets in Iraq, Syria

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 on Friday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and remotely […]