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Hoard of Ancient Gold Coins found in Wasit

By John Lee. Iraqi archaeologists have found a hoard of ancient gold coins in the town of Aziziyah, in Wasit [Wassit] province, and hope to put them on display in Baghdad's National Museum. The coins date back to the Sassanid era, a Persian dynasty that ruled Iraq from the third century until the coming of the […]

Video: Sheikhdoms Don't Like Iraqi Democracy

From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqis must undermine and defuse foreign plans that are attempting to destabilize the democratic country, a political analyst tells Iran's PressTV. In the background to this, Iraqi Prime Minister Nouri al-Maliki has warned […]

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Video: Iraqi Musicians Performing for Peace

From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Over 20 young Iraqi musicians held a street concert in front of the National Theater in central Baghdad earlier this week, calling for peace and stability in the country. Meanwhile, protests by […]

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Foreign Minister Zebari Meets US Ambassador

By John Lee. Minister of Foreign Affairs, Hoshyar Zebari, met with the U.S. Ambassador to Iraq, Robert Beecroft, at the Ministry's HQ on Tuesday. They discussed the Strategic Framework Agreement (SFA) and the debates at the UN Security Council to terminate the mandate of the Special Coordinator for missing Kuwaiti people and properties, and to remove […]

SRSG Kobler Calls for Constructive Dialogue

The United Nations Assistance Mission for Iraq (UNAMI) is closely following the course of the demonstrations that are currently taking place in several Iraqi governorates. UNAMI is committed to support the political and human rights of all Iraqi citizens, as well their social, cultural and economic rights, in the framework of the rule of law. […]

The New Iraq: 2013 Discovering Business

This week marks the 150th edition of our Iraq Business News newsletter, and we are delighted to mark the occasion by bringing you a major new guide to business in Iraq. Published by Allurentis, in association with Iraq's National Investment Commission (NIC) and UK Trade & Investment (UKTI), the fourth edition in the annual New […]

Iraq Closes Jordanian Border

By John Lee. Iraqi troops have closed the only major border crossing with Jordan on Wednesday, after Sunni Muslim demonstrators blocked a highway to Syria and Jordan as part of mass protests against Shi'ite Prime Minister Nouri al-Maliki. The crossing at Traibil [Turaybeel, Tirbil, Tarbiel] (pictured) is in the Sunni province of Anbar, where protests […]

Kuwait Energy In, Turkey's TPAO Out

By John Lee. Iraq has approved the deal under which Kuwait Energy would replace Turkey's state-owned Turkiye Petrolleri AO (TPAO) on the Block-9 exploration contract. Abdul-Mahdy al-Ameedi, director of the ministry's contracts directorate, told Reuters: "Kuwait Energy has acquired the stake of the Turkish company TPAO, and now it's holding 70 percent of the contract, […]

US Contractor Pays Millions for Torture in Iraq

By John Lee. An American defense contractor has paid $5.28 million to resolve a case in which it was accused of mistreating detainees at Iraq's Abu Ghraib prison and other facilities. The 72 plaintiffs alleged that employees of L-3 Services, now called Engility Corporation, tortured and abused them. The abuses caused widespread outrage, and led to […]

Oil Exports Down in December

By John Lee. Iraq's crude oil exports fell by 11 percent in December due to bad weather in southern oil export terminals and the suspension of exports from Kurdistan, according to a report from Dow Jones. Exports averaged 2.348 million bpd, down from 2.620 million bpd in November. From the south, Iraq exported 2.023 million bpd, […]