By Guest Blogger. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. For several years, con artists have been peddling the Iraqi Dinar scam – the myth of a massive revaluation of the Iraqi dinar, but that may be about to change. Using a range […]
By Duraid Adnan. This is an extract from an article originally published by Nina Magazine, and is reproduced here with permission. An inclusive working environment is one where everyone feels valued. Individual relationships are of course at the heart of positive partnerships, but the employer must also foster an environment that supports collaboration – between […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. For decades, the overland route between western Iraq and Lebanon has been the busiest and most important passage for the transportation of books and publications to Iraq. Today, the route has fallen under control of […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 22 banks took part in its currency auction on Wednesday. A total of $250,297,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
IEITI 4th Annual Report 2012- Pros and Cons By Ahmed Mousa Jiyad. For the fourth year in a row Iraq Extractive Industry Transparency Initiative (IEITI) has been successful by releasing, in December 2014, its annual report entitled this year: Iraqi Oil Revenues 2012, Local Consumption and Field Development. A thorough review and analysis indicate that […]
By John Lee. The Managing Director of Iran's Social Security Organization, Taqi Nourbakhsh, has told Iraqi Health Minister Adilla Hamoud Hussein (pictured) that Iran is ready to cooperate and share its experience with Iraq in the social insurance and healthcare tourism sectors. The Iranian organization operates 73 hospitals and 354 medical treatment centers, serving a […]
By Patrick Schmidt. Like the United States, Iraq’s main battle tank is the M1A1 Abrams, manufactured by General Dynamics. The United States Army is considering providing additional technology for Iraqi tanks including mine clearing blades/rollers, heavy-duty armor tiles, stronger belly armor, as well as other features. Many of these features will assist in the fight […]
Bayan Sami Abdul Rahman yesterday began her mission as the Representative to the United States of America. Minister Falah Mustafa Bakir, Head of the Department of Foreign Relations, met with Ms Abdul Rahman and the staff of the Kurdistan Regional Government Representation in Washington DC to officially declare her as the new representative and to […]
By Patrick Schmidt. Atlasjet, a Turkish airline, recently announced that it would be unable to fly to destinations in Iraq. This issue began January 1 and is still ongoing. The airline currently flies to the cities of Erbil and Sulaymaniyah. Some of the company leadership has travelled to Baghdad to meet with Iraqi officials about […]
By John Lee. India's Economic Times reports that Iraq has doubled the import duty on rice to 40 percent. An official from the All India Rice Exporters' Association (AIREA) told the news agency that the sudden increase in import duty by Iraq has come as a major blow and it is bound to impact exports […]
By Patrick Schmidt. The United States has delayed the deployment of an additional 1,500 troops to Iraq. Defense Department Spokesman John Kirby mentioned the delay in December. Current budget, and congressional issues are slowing the deployment. Most of the American troops in Iraq currently serve as military advisors or provide protection for American facilities in […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's armed forces are marking their 94th anniversary. But sadly there's little to celebrate. The army is facing unprecedented challenges - an enemy that has seized large parts of the country, internal corruption […]
