Dara Jalil Khayat, Chairman of the Kurdistan Federation of Chambers of Commerce and Industry said, “Despite the recent challenges, Kurdistan Region has preserved its economic and trade position. The Kurdistan Region has become an important centre for trade in Iraq and the overall region thanks to its security and stability.” Dara Khayat told KRG.org that […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thousands of Yazidis in northern Iraq are in urgent need of humanitarian aid. Food and fuel supplies are dwindling as many remain trapped on Mount Sinjar after fleeing from ISIL fighters. Iraqi army […]
By John Lee. The Kurdistan Regional Government (KRG) is reported to be planning to export natural gas to in the near future. The head of the KRG's Industry and Natural Resources Committee, Sherko Jawdat, told BasNews: “This step is still in the beginning, but the process has not gone into the implementation stage yet, however […]
By Amina al-Dahabi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A prominent economic official in the Iraqi government, who preferred to remain anonymous, said in an interview with Al-Monitor that out of the 33 private Iraqi banks operating in the country, 29 […]
The United Nations Development Programme (UNDP) and the Secretariat of the Council of Ministers today signed in Baghdad an agreement reaffirming the commitment of the UN Development agency to support the Iraqi government in its efforts to achieve its 4-year development programme. The General Framework for the Government Development Programme 2014-2018 defines strategic priorities for […]
UK Consul General Angus McKee visited Gulf Keystone's production facility at the Shaikan oil field on Wednesday, where he was given a tour by company officials. He viewed the production processes, control room and loading of tankers for onward transportation. Following the visit, McKee said: "Kurdistan Region's oil industry is a real success story, and […]
By John Lee. Transparency International has said that Iraq has risen one place in its global Corruption Perceptions Index (CPI). From at total of 175 countries, Iraq came in at number 170, slightly better than last year's position of 171. This result puts it ahead of countries such as Afghanistan, South Sudan, and Somalia (which […]
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. Stifling Dissent: Extremists in Mosul Raid Homes, Arrest Journalists Instead of reporting the news from inside the extremist-controlled city of Mosul, local journalists recently became the subject of news reports. […]
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. Death Verdict For Sunni MP: Is Iraqi Govt Really Genuine About Sunni-Shiite Reconciliation? While members of the Sunni Muslim al-Bu Ulwan tribe were fighting extremists in the Anbar province, alongside […]
By John Lee. The son of former Iraqi Prime Minister and current Vice President Nouri al-Maliki has reportedly been arrested in Lebanon in possession of more than US $1.5 billion "in cash". BasNews cites Lebanese media sources as claiming that Ahmed al-Maliki is being detained in a prison on Beirut, and that Nouri al-Maliki has […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A United Nations plane carrying aid from the US for Iraqis displaced by the conflict, arrived in the Kurdish capital Arbil on Thursday.
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Peshmerga forces are being accused of a possible war crime in Iraq. A video has emerged showing Peshmerga soldier shooting dead a captured fighter from the Istamic State of Iraq and the Levant […]
