Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th Dec 2015). Note: ISX will be closed during December 28, 2015 - January 2, 2016 due to the end-of-year closing operations. The next session will be held on Sunday, January 3, 2016. Please click here to download a table of listed companies […]
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. Teach The Rich: Basra's Private School Business Booming, But So Are Students' Fees In Iraq the public education system is facing huge challenges. Often two or three schools will share […]
From RT News. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Russian intelligence has spotted up to 12,000 tankers and trucks on the Turkish-Iraqi border, the General Staff of Russia’s armed forces has reported. “The [aerial] imagery was made in the vicinity of Zakho […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, 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 remotely piloted […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraq Extractive Industry Transparency Initiative (IEITI) succeeded in launching its fifth annual Report 2013 on 10th December 2015, almost three weeks earlier than its previous report. Moreover, IEITI plans to issue […]
By John Lee. Iraq plans to export about 3.4 million bpd of crude oil from its southern oil terminals in January, according to a report from Reuters. This represents an increase of 17.2 percent on December's estimate, and is driven by the Basra Light grade, which is planned to increase 23 percent to 2.61 million […]
By John Lee. Basra is to receive an allocation of five dollars per barrel of oil exported from the province in the 2016 budget. Local MP Hassan al-Khalati said that this will be a significant benefit to the people of Basra. (Source: Shafaaq)
A US$1.2 billion loan will support Iraq in strengthening fiscal stabilization and improving efficiency in the energy sector to help counter the effects of the drop in oil prices and rising security costs. The World Bank Group’s Board of Directors acknowledged the Government of Iraq’s engagement in a rigorous reform program and approved the Emergency […]
Bombardier Welcomes Arab Wings and Iraq Gate to the Family of CRJ Series Aircraft Customers and Operators Bombardier Commercial Aircraft has welcomed Jordan-based Arab Wings, and its joint venture partner Iraq Gate, to the family of CRJ Series aircraft owners and operators. Iraq Gate commenced service in March 2015 with its first CRJ200 aircraft, adding […]
By John Lee. Saudi Arabia has re-opened its embassy in Baghdad, 25 years after relations were broken over Iraq’s invasion of Kuwait. The embassy will have an initial staff of 35 people, and a consulate is expected to open later in Erbil. Diplomatic relations were restored in 2004 after the toppling of the Saddam Hussein […]
Minister Falah Mustafa today received representatives of over 25 U.S companies, led by the U.S-Kurdistan Business Council (USKBC), to discuss areas of potential investment for U.S companies in the Kurdistan Region. In a meeting attended by Bayan Rahman, KRG Representative to the U.S, Minister Mustafa thanked the USKBC for bringing such a high level business […]
Defense Secretary Ash Carter yesterday discussed with Iraqi leaders ways to increase pressure on the Islamic State of Iraq and thhttps://www.iraq-businessnews.com/wp-admin/post.php?post=106388&action=edite Levant and to accelerate coalition progress against the terror group. In Baghdad, Carter met with Iraqi Prime Minister Haider al-Abadi, as well as U.S. and coalition leaders during the visit. The secretary received a […]
