Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th September 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,5410 (-2.4%)/ $1,625 (-2.6%) (weekly change) (-19% and -18.2% YTD change, respectively). The number of week traded shares […]
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. Approximately 60% of the residents of the Salahuddin province, 175 kilometers (109 miles) north of Baghdad, work in farming. Salahuddin was ranked the top producing province in agriculture in 2012, and earned […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Sunni Arab population in Kirkuk has rapidly increased in recent months, with many fleeing fighting and making the province their new home. The influx has made it increasingly difficult for security forces […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Monday. A total of $201,637,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Governor of Thi Qar [Dhi Qar], Yehya ala-Nasiri, has told Aswat Al Iraq that Iran proposes opening an representative office in the province, to facilitate the work of Iranian companies in the area. The proposal was made following a meeting with the Iranian consul in Basra province, Hameed Reza Mukhtas Abadi. […]
By John Lee. Defense News reports that a proposed $4.8-billion deal to sell the latest Apache AH-64E helicopters to Iraq may have fallen through. According to the report, the US government made Baghdad a formal offer for the 24 helicopters, along with spare parts and a comprehensive training program, but the Iraqis have not yet […]
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. Dire Straits: Baghdad’s Financial Blockade Of Iraqi Kurdistan Has Desired Effect Since the beginning of the year the authorities in Baghdad and Iraqi Kurdistan have had a financial stand off. […]
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. To Be Independent Or Not: Iraqi’s Northern Province After The Islamic State? As local forces appear to be preparing to take on Sunni Muslim extremists in charge of their hometowns, […]
By John Lee. The United States is reported to be planning to build three new military bases in Iraqi Kurdistan. According to BASnews, one of the bases would be in Erbil, another at Hareer military base north of Erbil, and a third Atrush, close to Dohuk. The Atrush base would be used for Apache helicopters. […]
New Security Council Resolution 2178 Particularly Encouraging for Iraq, SRSG Mladenov says The Special Representative of the United Nations Secretary-General today welcomed the unanimous adoption by the Security Council of Resolution 2178 (2014), condemning violent extremism and requiring States to work together by implementing laws and policies to prevent travel, and support for foreign terrorist […]
Kurdistan Region President Masoud Barzani welcomed German defense minister Ursula von der Leyen in Erbil on Thursday. In a meeting with President Barzani and the military leadership of the KRG, the German defense minister stated that her country stands by the people of Kurdistan in the fight against ISIS terrorists and commended the role of […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. North of the ISIL stronghold of Mosul in Northern Iraq is a town called Zumar. Kurdish forces have been trying to drive fighters out for weeks but ISIL is putting up a tough […]
