By John Lee. The Central Bank of Iraq (CBI) has reported that 13 banks took part in its currency auction on Thursday. A total of $141,979,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Wood Group Intetech (WG Intetech) has successfully completed a six-month project for Hungary's MOL Group, which saw WG Intetech develop a detailed design for an acid gas reinjection well on MOL’s Akri-Bijeel field in Iraq. The scope of the agreement included well design and comprehensive materials selection for all well components. Dr […]
By John Lee. In support of the Iraqi Security Forces (ISF), the United States has donated 250 mine-resistant, armor-protected (MRAP) vehicles to the Iraqi Government. U.S. Ambassador to Iraq, Stuart Jones, commented: “The number one threat to the Iraqi security forces are roadside bombs and vehicle-borne bombs…These MRAP vehicles provide increased ballistic and counter mine […]
The Ministry of Health in Iraq, in collaboration with the World Health Organization (WHO), has confirmed that there is no suspected case of Ebola Virus Disease (EVD) in Iraq as of January 5th 2015. On 31 December, 2014, Al-Sabah newspaper, Shafaq news agency and Rudaw online newspaper reported a rumor of EVD cases in Mosul, […]
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 […]
