By John Lee. The Central Bank of Iraq (CBI) has reported that 20 banks and 6 remittance companies took part in its currency auction on Tuesday. A total of $176,164,831 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Iran’s Deputy Oil Minister has announced that an office of the National Iranian Oil Company (NIOC) has been officially opened in Iraq. According to a report from Mehr News Agency, Roknoddin Javadi (pictured), who is also the Managing Director of the NIOC, stressed the need to be present in neighbouring countries, adding […]
By John Lee. Australian wheat was reported to be offered at the lowest price, in a tender for at least 50,000 tonnes of hard wheat for the Iraqi Grain Board. The tender closed on Sunday and offers must remain valid up to Thursday, according to Reuters. Australian wheat: 50,000 tonnes at $231.70 a tonne c&f free […]
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. Airstrikes in Syria Fighter aircraft conducted an […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. More than a month after it began, a military offensive against ISIL in Iraq's western Anbar province is showing few signs of progress. ISIL still controls much of the territory and hundreds of […]
From Iran's PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. ISIL terrorists in Iraq have arrested some 200 protesters opposed to the terrorist group in Anbar province. The Speaker of Anbar Provincial Council says the arrests were made in the western city of […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks and 7 remittance companies took part in its currency auction on Sunday. A total of $193,641,326 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
The FBI is alerting art collectors and dealers to be particularly careful trading Near Eastern antiquities, warning that artifacts plundered by terrorist organizations such as ISIL are entering the marketplace. “We now have credible reports that U.S. persons have been offered cultural property that appears to have been removed from Syria and Iraq recently,” said […]
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. To veil or not to veil: Iraqi women face scrutiny over their choices The Najaf Nationality Directorate, south of Baghdad, refused to grant a travel permit to civil activist and Iraqi citizen Intisar Alyawi […]
By John Lee. In its latest Half Yearly Report, Russia's Lukoil reports that in the first half of 2015, the Group accrued revenue from the West Qurna-2 project in the total amount of $1,535 million, consisting of cost recovery of $1,475 million and remuneration fee of $60 million, compared to the revenue of $1,179 million […]
By John Lee. A suicide bomber has killed a police officer and an employee of the Kirkuk Oil Company (KOC), and wounded four others, according to a report from Shafaaq. The attack happened on the main road between Kirkuk and Debes. Kirkuk Provincial Council recently changed the name of North Oil Company (NOC) to Kirkuk […]
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. After The Protests: Iraq's Democratic Process is More Secure Than Ever? As flawed as it is, as damaged by corruption, cronyism and security problems as it is, some locals believe […]
