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Iran, Iraq Foreign Ministers Meet

On the sideline of the UN General Assembly meetings, Iraqi foreign affairs minister Dr. Al-Jaafari met his Iranian counterpart, Mr. Mohammed Javad Zarif. During the meeting, they discussed the bilateral relations and horizons to promote them in the interest of the two neighbouring countries; in addition to, discussing the political and security situations in the […]

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Currency Auction Results, 30th Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks and 16 remittance companies took part in its currency auction on Wednesday. A total of $264,748,636 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

PR Firm to support Iraqi Sunni Community

By John Lee. Washington DC-based communications consultancy Glover Park Group has reported that it has been engaged to work in the United States on behalf of the Iraqi Sunni community. In a statement made pursuant to the US’s Foreign Agents Registration Act (FARA), Managing Director Joel Johnson (pictured) said that the company is acting on […]

IKCO Iraq "at Full Capacity"

By John Lee. Iranian vehicle maker Iran Khodro (IKCO) has exported over 6,000 vehicles to the international markets in the first half of the current Persian calendar year surpassing the car manufacturer's export record throughout last year. IKCO 's Deputy for Export and International Department, Saeed Tafazzoli said IKCO's main foreign site is located in […]

Iraq Deploys Forces at Borders

By John Lee. Jordan's Petra news agency reported on Tuesday that Iraq has deployed border guards along the borders with Jordan and Saudi Arabia to prevent the infiltration of extremist elements. The Head of Anbar Provincial Council, Sabah Karhot, said two brigades were deployed at the Traibil [Turaybeel, Tirbil, Tarbiel, Trebil] border crossing with Jordan […]

Airstrikes Continue Against ISIL Terrorists

On Monday, U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Remotely piloted and fighter aircraft […]

Petrel Resources "Incurs no Costs" in Iraq

By John Lee. In its Interim Statement for period ended 30 June 2015, Irish-based Petrel Resources issued the following update on its operations in Iraq: "Our third theatre of activities is Iraq, where we have had a presence for 18 years. The original Petrel interest was in Block 6 in the Western Desert between Baghdad […]

Iran-Iraq Joint Summit on Border Patrols

By John Lee. According to a report from Mehr News Agency, the fifth joint summit on border patrolling of Iran’s west provinces and Iraqi border cities has begun in Mehran, Iran, with the presence of the Commander of the Iranian Border Guard Units General, Ghasem Rezaei [Qasem Rezaee] (pictured). The summit will review the security […]

Korea Supports newly liberated areas in Iraq

The Government of the Republic of Korea and the United Nations Development Programme (UNDP) signed a $1 million partnership agreement to support stabilization and recovery in areas liberated from control of the Islamic State of Iraq and the Levant (ISIL). Korea’s contribution will be channeled through UNDP’s Funding Facility for Immediate Stabilization (FFIS), which finances […]

Japan to offer $810m for Refugees

By John Lee. Japanese Prime Minister Shinzo Abe (pictured) is expected to announce the provision of about $810 million in aid in response to refugees fleeing Syria and Iraq, public broadcaster NHK reported on Monday. According to the report from Reuters, Japan maintains very strict conditions for accepting refugees, prompting fourteen non-government organizations, including Amnesty International, […]

Airstrikes Hit ISIL Terrorists in Syria, Iraq

On Sunday, U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported. Officials reported details of the strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Remotely piloted and fighter aircraft […]

Video: Anti-Daesh Coordination with Syria, Russia, Iran

From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Prime Minister Haider al-Abadi's spokesman says Baghdad will step up coordination with Russia, Iran and Syria in the field of military intelligence to share and analyze information. Sa’ad al-Hadithi says the coordination committee […]