By John Lee. Prime Minister Dr. Haider Al-Abadi received in his office on Saturday the Lebanese Industry Minister Mr. Hussein Hajj Hassan and his accompanying delegation. During the meeting they discussed strengthening bilateral relations in the industrial field between the two countries and investment in Iraq and overcoming the obstacles facing Lebanese businessmen. Dr. Al-Abadi […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th Oct 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,082 / $1,133 (-2.2%) (weekly change) (-22.3% and -23.5% YTD change, respectively). The number of week traded shares […]
YOU are the hope for some of the world's most vulnerable children From our friends Ali Allawi and Shirin Rahimi, a special invitation for November 11: "Join us at the Hope For Humanity Fundraiser event benefiting the refugee crisis for an evening with internationally renowned music composer and player Ramy Adly, on November 11, 2015, 6:30 […]
By John Lee. The United Nations Secretary-General has condemned the attack last week on Camp Hurriya (Camp Liberty), near the Baghdad International Airport, which left at least 26 residents dead and many more wounded. The attack reportedly also caused casualties among the Iraqi Security Forces in the vicinity of the Camp. The Secretary-General called on […]
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 in releases at the weekend. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria […]
According to casualty figures released today by UNAMI, a total of 714 Iraqis were killed and another 1,269 were injured in acts of terrorism, violence and armed conflict in October 2015*. The number of civilians killed was 559 (including 25 civilian police), and the number of civilians injured was 1,067 (including 43 civilian police). A […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 21 banks and 15 remittance companies took part in its currency auction on Sunday. A total of $161,766,580 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. “Madeef” is an Arabic word used when referring to a place dedicated to receiving guests. In Iraq, this word has a specific social meaning; it is a place where tribe members, leaders and sheikhs […]
By John Lee. Finance Minister Hoshiyar Zebari (pictured) has said that Kuwait has postponed the final instalment of reparations for Iraq's 1990-91 occupation until 2017. The move, requested by Iraq, will help alleviate the cash crisis in Baghdad caused by lower oil prices and war with the Islamic State group (IS, ISIS, ISIL). According to Reuters, […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A weak and divided Baghdad has been unable to play an effective role in solving the various central administration-related crises in Iraq, such as the Iraqi Kurdistan crisis. The opposition is accusing Iraqi Kurdistan […]
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. Not Just Boys and Make Up: Iraq's Yazidi Women Learn to Defend Themselves, Change Culture, One Girl At a Time A special military unit of Yazidi women in northern Iraq […]
By John Lee. UK-based heavy transport and installation contractor ALE has been awarded the DGS Zubair Oil Field Project. The project scope comprises heavy haulage, engineering and installation services. The DGS project has already commenced and ALE has received several shipments at Umm Qasr Port. A number of cranes, with a capacity ranging from 200t to […]
