By John Lee. On the sidelines of UN General Assembly meetings, foreign affairs minister Dr. Ibrahim Al-Jaafari met Vice President of World Bank for Middle East and North Africa, Mr. Hafez Ghanem. They discussed the World Bank work mechanism and the support that the bank can contribute to reduce the crisis of decline in oil […]
Security Message to U.S. Citizens The Iraqi government has announced that beginning October 1, 2015, passenger cars will be allowed to transit the International Zone (IZ) in Baghdad from north to south via the 14 July Expressway and a new entry control point will be put in place at the northern end of this expressway. […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Sixteen Turkish workers who had been kidnapped in Iraq nearly a month ago were freed on Wednesday and are in good health, Turkish officials said:
KRSC statement: Fourth major Peshmerga offensive west of Kirkuk clears more than 140 square kilometres Fourth major offensive in west of Kirkuk clears more than 140 square kilometres. Peshmerga Forces secure Ghara Heights, push ISIL beyond the river between Ghara Heights and Mt. Varies, and secure additional stretch of Kirkuk - Samarra highway From 1900hrs […]
On Tuesday, 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 today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Remotely piloted, bomber, […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 9 remittance companies took part in its currency auction on Thursday. A total of $223,122,249 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Egypt has finalised a farm-in at Iraq's Block 9 area in Basra province on Wednesday. Under the agreement, Kuwait Energy (KEC) will give up 10 percent of the concession, leaving it with a 60 percent share. According to a report from Reuters, this is the first time that the state-owned Egyptian General Petroleum […]
The UN refugee agency, its partners and local authorities have opened two new camps for internally displaced persons (IDPs) in Baghdad province, providing shelter to close to 3,500 Iraqis who have had to flee Anbar province due to recent fighting. Sadr Al Yusufiya camp (pictured) opened on Tuesday (September 22), six kilometres from Bzeibiz bridge, […]
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In order to expand his men's shoe business, Mohammed Jizani had to borrow $100,000 from a loan shark. As is common in such cases, he was forced to pay the lender $4,000 […]
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 […]
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)
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 […]
