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UN Casualty Figures for March

UN Casualty Figures for March 2014, Anbar province excluded According to casualty figures released by UNAMI, a total of 592 Iraqis were killed and another 1,234 were injured in acts of terrorism and violence in March. The number of civilians killed was 484 (including 133 civilian police), while the number of civilians injured was 1,104 […]

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Money Still Flowing into Iraq

With just four weeks left to the parliamentary elections, and all the uncertainty and risk that that brings, it is interesting to note that money is still flowing into the country and oil is still flowing out. On the production and export side, the latest figures look very positive, and Lukoil has just started production […]

APRIL FOOL: IBN Reporter Wins Award

By Nora Lenderby. Iraq Business News is pleased to announce that our intrepid reporter John Lee has been honoured with an award from the Goldman-Rothschild Institute for Monetary Efficiency. Although no formal announcement has been made, we understand that the award relates to the maintenance of monetary stability in Iraq. At first Mr Lee was […]

Our Publisher Retires

By Padraig O'Hannelly. As many of our email subscribers will already be aware, our Publisher, Antony Wakeham, will retire at the end of March. In fact it is not the first time that Antony has retired – having completed a long and successful career in publishing, he was coaxed back to spearhead the development of […]

US Delivers Critical Arms to Iraq

The United States continues to accelerate delivery of weapons and ammunition to Iraq consistent with our Strategic Framework Agreement and long-term security partnership. These deliveries are made in response to specific Iraqi requests and pursuant to a holistic counter-terrorism policy that incorporates political, economic, and security measures. On the security side, it is essential that […]

Basra’s Mighty Petro-Dollar

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. Basra’s Mighty Petro-Dollar: But Does the Province Have Anything to Show for it? Basra is one of the country’s wealthiest provinces in terms of oil it produces; its budget for 2014 […]

UK Export Finance to Help Kurdistan Development

A delegation from the UK Export Finance Department visited the Kurdistan Department of Foreign Relations to discuss opportunities for building further relations with Kurdistan in various fields of infrastructure and investment. The UK delegation was led by Steve Dodgson, the Business Group Director of UK Export Finance and included the British Consul General, Hugh Evans […]

Jordanian Economic Delegation to Visit Iraq

By John Lee. A Jordanian economic delegation from the public and private sectors will visit Iraq later this month to discuss economic issues of concern to both Jordan and Iraq, Jordanian Minister of Industry, Trade and Supply, Hatem Halawani [Hatem Hafez Al-Halawani Al-Tamimi] (pictured), said. During a visit to three factories in Eastern Amman, the […]

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A Challenge for the Electoral Commission

With just six weeks left to the parliamentary elections in Iraq, scheduled for 30th April, former Prime Minister Iyad Allawi has sais that the elections may not be held due to the security problems in the country. Addressing a youth organization affiliated to his National Iraqi Alliance, Allawi expressed doubts about the integrity and transparency […]

Gulf Keystone to Raise $250m Debt

Gulf Keystone has announced that it has mandated Deutsche Bank and Pareto Securities to arrange a series of fixed income investor meetings in the US, Europe and Asia commencing 20 March 2014. A debt offering of up to US$250 million in accordance with Reg S/144A is expected to follow, subject to market conditions. On 13 […]

US Franchise Opportunities in Iraq

By John Lee. On Monday, March 17, the U.S. Charge d’Affaires, John Desrocher (pictured), joined the Chairman of the Iraqi National Investment Commission, Dr. Sami Al Araji, to open a two-day series of “Developing Franchise Opportunities in Iraq” meetings in Baghdad. The meetings offered 10 U.S. based franchisors, including Froots, Dr. G's, Dental Fix, Radio […]

Asiacell Selects Anam Technologies

Anam Technologies, a Irish mobile messaging software solutions provider for mobile operators, has announced that they have been selected by Asiacell to provide its SMS Firewall service ANTISpam. The service was selected by Asiacell to enhance the operator’s ability to detect and block spam traffic from entering its network and protect its customers from receiving […]