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Croatia to send Military Trainers to Kurdistan

Croatia’s Defense Minister, Mr. Ante Kotromanović today received Minister Falah Mustafa, Head of KRG Foreign Relations and his accompanying delegation to exchanges views on the fight against ISIS and mutual military cooperation. Minister Kotromanović expressed his admiration for the bravery of the peshmerga forces in the fight against the ISIS terrorists and stated that, “Fighting […]

Kurdistan Imports Less Gold

By John Lee. The Kurdistan Region of Iraq has imported 26 tons of gold in the first six months of the year, a reduction on the same period last year. According to a report from Shafaaq News, 16.7 tons were imported through Sulaymaniyah International Airport, 8.2 tons through Erbil International Airport, and 1 ton through […]

Emirates to Resume Flights to Erbil

By John Lee. Emirates Airlines is to resume passenger flights to Erbil from 15th August. The Dubai-based carrier suspended flights in March following security concerns relating to the 'Islamic State' group (IS, ISIS, ISIL). There will be four weekly return flights, on Mondays, Tuesdays, Thursdays and Saturdays, using Airbus A330-200 aircraft; as a precaution, the […]

Propaganda Wars in Mosul

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. It's All Lies: How Propaganda Wars in Extremist-Controlled Mosul, Iraq, are Being Fought From the very beginning of its prominence in Iraq, it has been very obvious that the leaders […]

Banks Refuse to Ante Up amid Liquidity Shortage

By Amina al-Dahabi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s private banking sector is having trouble meeting customers’ demands because of liquidity issues, leading to unrest and worry. Some banks are limiting withdrawals to a specific percentage of deposited funds, while others have stopped […]

Displaced Iraqis Create Boom for Used Goods

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. Second Hand Holidays in Kut: Displaced Iraqis Equal Boom for Used Goods Market In the city of Kut, one of the biggest beneficiaries of this year's Eid al-Fitr holiday – […]

Schlumberger Updates on Iraqi Operations

By John Lee. While describing its activities in Iraq as 'muted', oil services company Schlumberger gave details of two projects in the country in its Second-Quarter 2015 Results. Italy's ENI awarded the company a three-year integrated well construction contract which covers the drilling of 30 wells and includes the provision of land drilling rigs, directional […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th July 2015). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX will be closed starting from July 19, 2015 to July 21, 2015 due to the national holiday of Eid Al-Fitr. The next session […]

Coalition Aircraft Continue Airstrikes Against ISIL

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. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Bomber, fighter and remotely piloted […]

One Team, One Dream, for Iraqi Children

Building on the energy created by a coalition of  four veteran-led organizations, the Iraqi Children Foundation (ICF) and its "Soccer Salam" partners announced this week the launch of  "One Team, One Dream" to provide $20,000 more in aid to Iraqi kids and families fleeing ISIS. After a December airlift of 5 tons of winter aid and soccer balls, the Soccer Salam coalition - ICF, […]

Iraqi Oil Sales to South Korea Soar

By John Lee. Iraq became South Korea’s third-largest suppier of oil in the first half of this year, according to a report from Bloomberg. Purchases of Iraqi crude oil soared 73 percent to 8.25 million metric tons through June in 2015, the highest level since at least 2000. (Source: Bloomberg)

Iraq Closes Border Crossings with Jordan

By John Lee. An official source has told the Jordan News Agency, Petra, that the Iraq government had informed Jordanian authorities of its decision to close border crossings between Iraq and Jordan until further notice. The source urged passengers and drivers who want to travel to Iraq not to head to the border crossings until […]