By John Lee. Oil exports from southern Iraq have reportedly reached a record rate of 3.43 million barrels per day so far in April. If sustained for the full month, Reuters reports that this would exceed the record of 3.37 million bpd reached in November. The increase partly reflects an easing of delays in the […]
Erbil marks the launch of its Provincial Development Strategy 2016-2018 with a breathtaking audiovisual performance at the historic Citadel At an official ceremony at Erbil's historic Citadel, the Governorate of Erbil launched its Provincial Development Strategy. The ceremony was presided over by H.E. Prime Minister of the Kurdistan Regional Government, Mr. Nechirvan Barzani, and attended […]
By John Lee. The World Organisation for Animal Health (OIE) said on Tuesday that there have been six outbreaks of the highly pathogenic H5N1 bird flu virus in Iraq between mid-December and early February, in the first occurrence of the disease in 10 years. The outbreak has killed 77,101 birds, with another 641,498 destroyed as […]
Advocating for the new legislations and classification of the Informal Settlements/IDP Areas UN-Habitat held a workshop in collaboration with the Ministry of Planning, within the National Programme of Rehabilitation & Regularization of Informal Settlements /IDP Area in Iraq, aimed to introduce and promote the new legislative texts to address the illegal urban sprawl, preventing future […]
Iraq: Equality and justice not luxuries but crucial foundations of stability Iraq must immediately take concrete steps to plan for “the day after” the defeat of ISIL, grounded in equality, the rule of law and a vision that has earned the confidence of all the country’s diverse communities, UN Deputy High Commissioner for Human Rights […]
By John Lee. Hundreds of thousands of people have taken to the streets of Baghdad to protest at a months-long political crisis and lack of reform, according to BBC News. Supporters of the Shia cleric Moqtada al-Sadr (pictured) marched towards the Green Zone to press Prime Minister Haider al-Abadi to push ahead with his plan […]
Ministerial meeting assesses reforms in building systems for the Kurdistan Region of Iraq The progress achieved under the project Establishing a Building Control Regime for the Kurdistan Region of Iraq (KR-I), funded by the United Nations Development Programme (UNDP) and implemented by the United Nations Human Settlements Programme (UN-Habitat), was discussed in a ministerial meeting […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Peter Galbraith, an advisor to the Syrian Kurds and former US diplomat, discuses the decision of US President Barack Obama to send 250 more troops to Syria:
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 30 banks and 22 remittance companies took part in its currency auction on Tuesday. A total of $116,446,881 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. General Electric (GE) has signed a "strategic framework agreement" with Iraq's Oil Ministry on Sunday. The projects are planned to generate more than 400 megawatts of power for oil installations by summer. Other initiatives are to maintain existing generating infrastructure and reduce gas flaring from oil fields. The ministry did not specify […]
By John Lee. Zain Group has said that continued social unrest in Iraq, coupled with heightened levels of price competition and implementation of a new 20 percent sales tax on mobile services, as well as wide-ranging tax increases on other sectors in Iraq, have hit spending on mobile services. The company said that this has […]
