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Interview with Iraqi MP: 'This is Iraq's Last Chance'

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. NIQASH met with Maysoon al-Damluji, head of Iraq's Parliamentary Committee on Media and Culture, to discuss biased journalists, stolen antiquities and what problems can be expected after the extremists have […]

What Iraqis Believe About the USA

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. Lies, Lies And Crazy Rumours: What Iraqis Believe About the USA Iraq’s security crisis has caused local media to take sides more than ever. Amid the misinformation are conspiracy theories […]

Hanwha Wins $2bn Iraq Order

By John Lee. South Korea's Hanwha Group has reportedly won a $2.12-billion (2.5-trillion-Iraqi-dinar) order to build the social infrastructure for Bismayah New City. According to Yonhap News Agency, the agreement was signed with Iraq's National Investment Commission (NIC) on Monday. The Group is currently building 100,000 homes at the project, which are due for completion […]

Bashneft Completes Surveys at Block 12

Russia's Bashneft has completed field seismic surveys at Block 12 as part of the geological exploration programme approved by the Iraqi Ministry of Oil. The Oil Exploration Company, an Iraqi company specializing in geological and geophysical exploration, which won the open tender in the spring of 2014, has been employed as a contractor to conduct […]

Iraq Blocks Jordanian Trucks

Iraqi border authorities have blocked the entry of 75 Jordanian trucks, loaded with vegetables and fruit, citing the start of the harvest season in Iraq, Saadi Abu Hammad, president of Jordan Exporters and Producers Association for Fruits and Vegetables, said on Saturday. Hammad told Petra that all the produce was damaged since the trucks had […]

Iraq in Discussions with IMF

By John Lee. Iraqi Finance Minister Hoshiyar Zebari has confirmed that Iraq is discussing its financial situation with the International Monetary Fund (IMF). Speaking on the sidelines of a conference in Kuwait on Tuesday, Zebari did not elaborate on what aid might be provided, but according to the report from Reuters he has previously said […]

MNR Welcomes Oil & Gas Revenue Fund Law

The Ministry of Natural Resources (MNR) welcomes the passage of the Oil & Gas Revenue Fund law through the Kurdistan Parliament and congratulates the people of the Kurdistan Region, the members of parliament, and the Kurdistan Regional Government Council of Ministers for the entry of the law into the Region’s statute books. MNR will ensure […]

The Mystery of Kurdistan's Border Taxes

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. Missing Millions? The Mystery of Iraqi Kurdistan's Border Taxes Money collected at Iraqi Kurdistan’s borders with Iran and Turkey should amount to hundreds of millions of dollars for the cash-strapped […]

The Third Option

By Nour Hamid. This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. Life is all about making choices; choosing to live in your home country should be normal. If your home country is Iraq though, things look slightly different. In a war-torn Iraq, the ‘normal’ is […]

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France to give KRG Advanced Weapons

The President of France, Francois Hollande, on Wednesday received at Elysée Palace a high-ranking delegation from the Kurdistan Regional Government’s Ministry of Peshmerga Affairs, led by the Minister, Mustafa Sayid Qadir, accompanied by a number of field commanders from the battle fronts and officials from the ministry. The purpose of the delegation’s visit to France […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd April 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,151 / $1,207 (+0.6%) (weekly change) ) (-17.4% and -18.5% YTD change, respectively). The number of week traded […]