Kurdistan Region Prime Minister, Nechirvan Barzani, yesterday received the Mayor of London, Boris Johnson, accompanied by Nadhim Zahawi, member of the British Parliament and a number of British businessmen. Mr. Johnson expressed his pleasure for visiting the Kurdistan Region and witness personally the developments that have been achieved, and observe the progress made by the […]
By John Lee. Prime Minister, Dr. Haider al-Abadi met with Mr. Kenneth Roth, executive director of Human Rights Watch, on the sidelines of the World Economic Forum in Davos last week. They discussed the monitoring of human rights in Iraq and, according to a press release from the Prime Minister's office, Mr. Roth appreciated the […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 14 banks took part in its currency auction on Monday. A total of $77,907,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Kurdistan Regional Government (KRG) is reported to be about to sign a three-year contract with Jordan to improve its healthcare system. KRG Health Minister, Rekawt Hama-Rashid, told BasNews: “We have some projects in the next years such as separating the private sector healthcare from the public sector, and introducing health insurance. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd January 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,273 (-1.5%) / $1,358 (-1.2%) (weekly change) (-8.6% and -8.4% YTD change, respectively). The number of week traded […]
By John Lee. Finance Minister Hoshyar Zebari received this week the CEO of the General Electric Company (GE), Mr. Aziz Koleilat, and his delegation. During the meeting, they discussed projects and activities of the company in the country in the energy, electricity and health sectors. The Minister of Finance stressed the government's keenness to secure […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A massage belt, a PlayStation controller, a gold ring -- it sounds like a gift list, but the items the Islamic State group left in Iraq are rigged with explosives to kill.
By John Lee. Finance Minister Hoshyar Zebari received on January 21, 2015, Mr. Hans Nijkamp, head of Shell in Iraq and the vice president of Shell Oil. During the meeting, they discussed the company's operations in the Majnoon and West Qurna 1 oil fields, and the South Gas Project, as well as the oil company […]
By Mustafa al Kadhimi for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the opinions of Iraq Business News. After the US invasion of Iraq in 2003, the most used terms in the country are likely "political consensus," "consensual democracy" and "consensual decision." However, failures on all levels […]
The UNICEF Water and Sanitation (WASH) programme, with financial support from the European Union (EU) has started the implementation of a public awareness project to promote efficient water use and improved hygiene practices in Iraq. The project will engage 10 million Iraqis with messages on effective water conservation, water handling at the household level and […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Kurdish fighters have reportedly cut-off a major supply line for the Islamic State of Iraq and the Levant (ISIL) in northwestern Iraq. The Kurdish Peshmerga say they've seized an area near the Mosul […]
By John Lee. Kuwait's Al-Nasriyah Company has signed an agreement to build a new airport in Diwaniya. The $1.35-billion airport will be operated by the company under the 45-year contract. Following the signing ceremony, the Governor of Diwaniya, Ammar Al-Madani, said the airport will cover an area of seven dunams (roughly 17,500 sq. m.) in […]
