The Office of the United Nations High Commissioner for Human Rights in Iraq (OHCHR) and the Human Rights Office of the United Nations Assistance Mission for Iraq (UNAMI) are concerned about the potential effect of the proposed National Identity Law, particularly Article 26, on minority ethnic and religious communities of Iraq. Article 26 stipulates that […]
16 Days of Activism to eliminate gender-based violence launched Iraq joined the United Nations and the rest of the world today to mark the start of the world campaign for 16 Days to Eliminate Gender-Based Violence. The campaign continues until 10 December when the world celebrates Human Rights Day. The 16 days against gender-based violence […]
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 on Thursday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber and remotely […]
Shafaaq News reports that the Central Bank of Iraq (CBI) has announced its intention to privatize the two largest banks in the country. It quotes CBI Governor Ali al-Alaq as saying: "The bank's management is moving to privatize al-Rafidain and al-Rasheed Banks or participate with the private sector ... the move is being coordinated with […]
By John Lee. The Chairman of Genel Energy has said that the KRG will begin exporting natural gas to Turkey within two or three years. Tony Hayward (pictured) told the Atlantic Council conference in Istanbul that 20 billion cubic metres will hit the Turkish market by 2020, with KRG Natural Resources Minister Ashti Hawrami saying […]
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. The Iraqi government faces a huge budget deficit and is having difficulty running the country’s economic activities because of plummeting oil prices, the heavy burden of the war against the Islamic State and rampant […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The UN is warning that Iraq's ancient heritage could be lost forever. Thousands of artefacts have been looted and destroyed by the Islamic State of Iraq and the Levant (ISIL) group. Many were […]
Forces fighting the Islamic State of Iraq and the Levant continue to make progress in Iraq and Syria, the Operation Inherent Resolve spokesman said today. "We're starting to see changes in the way ISIL operates every day on the ground here. That doesn’t mean this is over. We're a long way from over," Army Col. […]
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, fighter and remotely […]
The Chairman of Iraq’s National Investment Commission (NIC), Dr. Sami Al-Araji, has signed the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention). Iraq has become the 160th country to sign the Convention and the 152nd country to become a member of the International Centre Settlement of […]
In a ceremony attended by Japanese new Ambassador to Iraq, Mr. Fumio Iwai, KRG Prime Minister Nechirvan Barzani inaugurated the 36 megawatt hydropower project near Deralok town in Duhok Governorate. The project is funded by the Japan International Cooperation Agency (JICA) within the framework of Japan’s loan to Iraq. Earlier last week, Prime Minister Barzani […]
The UK's High Court has ordered the Kurdistan Regional Government (KRG) to pay a consortium led by Dana Gas $100 million within 14 days. In a statement, the KRG's Ministry of Natural Resources said: “The Court’s decision does not relate to the substantive merits of the claims and counterclaims in the on-going arbitration between the […]
