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Currency Auction Results, 25th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 21 banks and 1 remittance company took part in its currency auction on Monday. A total of $172,610,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

KRG Pres Barzani meets King Abdullah of Jordan

By John Lee. Kurdistan Region President Masoud Barzani met with King Abdullah of Jordan in Amman on Friday. The King and the President discussed the political and security developments in Iraq, in particular the latest situation in the Anbar province, and efforts to counter the ISIS terrorists. They also discussed bilateral relations between the Kingdom […]

Kurds 'Willing to Negotiate Disputed Territories'

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. Iraq's Borders Will Not Be Drawn In Blood: Iraqi Kurdish Say They're Willing to Negotiate Disputed Territories For over almost a year the military forces from the semi-autonomous region of […]

Secondary School for IDPs Opens in Sulaimaniyah

UNESCO celebrates opening of Tasloja secondary school for IDPs in Sulaimaniyah UNESCO and its partners celebrated today with students, parents and teachers the opening of the newly constructed Tasloja Secondary School forinternally displaced persons in Sulaimaniyah. The ceremony held today marks the opening of the fifth school constructed by UNESCO within the framework of the […]

Farmers Compensated for Oil Works in Wassit

By John Lee. The Iraqi Oil Ministry has announced that it has paid compensation of more than 3 million Iraqi dinars ($2.6 million) to farmers whose lands were damaged their lands because of oil projects in Wassit province. The amounts relate to the years from 2012 to early 2015, and were paid to 618 farmers. […]

Protest Over Media Prizes

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. Rewarding Journalists For Bias? Iraqi Media Protest Over MPs' Unfair Prize Giving Recently the Iraqi Parliament decided to give out awards to journalists in the press corps in Baghdad. For […]

UN Funds and Stock Running Out in Ramadi

UN agencies are rushing humanitarian assistance to people fleeing Ramadi for the second time in a month. Close to 25,000 people have fled Ramadi following ISIL attacks and fierce fighting in the city. Most of the displaced are fleeing towards Baghdad, with many trying to enter through security checkpoints. In response to urgent requests from […]

Iraqis use Social Media to Pressure Govt

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. Social networking sites in Iraq are turning into a real pressure tool on government decision-making centers. This became obvious April 28 when activists and bloggers started a media campaign on Facebook against the Iraqi […]

US to Deliver Anti-Tank Weapons in June

By John Lee. The United States plans to deliver 1,000 shoulder-fired AT4 anti-tank systems to Iraq in early June, a senior US State Department official told Reuters on condition of anonymity. The decision to supply anti-tank weapons was reportedly made during the visit of the Iraqi Prime Minister, Haider al-Abadi, to Washington in April. The […]

Paris to host Int'l Meeting on Iraq, Syria

By John Lee. A French government spokesman  has confirmed that an international meeting on the conflicts in Iraq and Syria will take place in Paris on 2nd June. French Foreign Minister Laurent Fabius, US Secretary of State John Kerry and Iraqi Prime Minister Haidar Al-Abadi are to co-chair the meeting. According to a report from […]