From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. After five days of intense fighting in Diyala Province, Iraqi and Kurdish Peshmerga forces have managed to push back the ISIL/ISIS/IS advance. Many have been killed, and thousands left homeless. Ahmed Nasir is […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Iraqi army says it has held off a fierce assault by the Islamic State of Iraq and the Levant (ISIL, ISIS, IS) on the city of Ramadi. Meanwhile, coalition airstrikes have killed […]
By John Lee. Finance Minister Hoshiyar Zebari said he will soon present his proposed 2015 budget to Cabinet, based on an oil price of $70 per barrel. The Minister said: “We are proposing a budget of $100 billion. This is projected ... “We have based our projections on about $70 a barrel. This could fluctuate. […]
By John Lee. Gas Plus Khalakan (GPK) has declared the Shewashan light oil discovery commercial and is preparing the Field Development Plan (FDP) for submission to the Kurdistan Regional Government's Ministry of Natural Resources in accordance with the Khalakan PSC. Shewashan-1 produced light oil (45API) on test from reservoir zones in the Cretaceous Shiranish, Kometan and […]
The United States Embassy in Baghdad is pleased to note a 38.8 percent increase in the number of Iraqi students studying in the United States. The 2013-2014 academic year saw the total number of Iraqi students enrolled in U.S. colleges and universities at 1,491, up from 1,074 in 2012-2013. The report shows that 941 Iraqi […]
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While a recent deal between Baghdad and Erbil to export oil from the northern fields is seen by many as a breakthrough after years of stalemate, the prospect of further progress […]
Captive Women and Girls at the Hands of Terrorist Groups are Iraq’s Bleeding Wound At the launch of the ‘16 Days of Activism against Gender-based Violence’ between 25 November and 10 December, the Special Representative of the United Nations Secretary-General for Iraq (SRSG), Mr. Nickolay Mladenov (pictured) said “My wholehearted thoughts go on that day […]
Kurdistan Region President Masoud Barzani today welcomed Chief of Staff of the United States Army, General Raymond Odierno, who is visiting to assess firsthand the status of the fight against ISIS terrorists and the cooperation between the Peshmerga, the coalition forces and the Iraqi forces. General Odierno commended the bravery of the peshmerga forces and […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 20 banks took part in its currency auction on Wednesday. A total of $262,257,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Czech Foreign Minister, Lubomír Zaorálek and Deputy Defense Minister, Tomáš Kuchta, is to visit Iraq this week with a delegation of businesspeople to boost business deals, mainly in the defense sector. “Negotiations about the supplies of aviation technology, the pilots' training and the armoring of helicopters are underway there,” Kuchta told […]
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. No one in the southern Iraqi province Basra believed that families would flock to Hurriyah (Freedom) Square to see and sit by the new monument after it was greatly ridiculed in newspapers […]
A committee in charge of collecting accurate data and information on the conditions of Yezidi Kurdish women, abducted by the Islamic State in Iraq and Al-Sham, ISIS, terrorist organisation, is being set up. The decision was taken yesterday during the regular meeting of the Kurdistan Regional Government’s Women Rights Monitoring Board, chaired by the KRG […]
