Author Archive | Editor

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Video: Situation in Basra, day after Iran Consulate Torched

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Scenes of the streets of Iraq’s southern city of Basra, one day after demonstrators torched the Iranian consulate. Basra has seen a surge in protests over the lack of public services since Tuesday. View […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Sept 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD717 (-2.4%) / $766 (-2.4%) (weekly change) (-11.6% and -8.3% YTD change, respectively). The number of week traded […]

UNDP Improves the Effectiveness of Local Police

UNDP trains mid-ranking police officers to Improve the effectiveness of Local Police The United Nations Development Programme (UNDP) and the Training and Qualification Directorate in the Ministry of Interior’s (MoI) jointly delivered two pilot courses on training of trainers (ToT) on the topic of ‘Improving the Effectiveness of Local Police (IELP)’. The course duration was […]

Budget Surplus Soars, but Markets continue to Bottom

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market followed through with its longer-term bottoming process as the July interim bottom was tested this month. After having rallied 14.5% in July from […]

IDPs below Two Million for First Time since 2014

Iraq Displacement Figures Drop Below Two Million for First Time Since 2014; Nearly Four Million Have Returned Home For the first time in nearly four years, the number of displaced Iraqis has fallen below two million, according to a milestone IOM Displacement Tracking Matrix (DTM) report released today (04/09). Data collected by IOM staff for […]

UN Urges Speedy Formation of Govt to Tackle Iraq’s Problems

UN’s Kubiš Urges Calm and Speedy Formation of Government to Tackle Iraq’s Persistent Problems The Special Representative of the United Nations Secretary-General (SRSG) for Iraq, Mr. Ján Kubiš, expresses grave concern over the casualties during violent protests over the lack of critical public services in Basra. He offers condolences to the families of the dead […]

Pharma Firm pays $25m to Resolve Corrupt Payments

The US Securities and Exchange Commission (SEC) announced that Paris-based pharmaceutical company Sanofi has agreed to pay more than $25 million to resolve charges that its Kazakhstan and the Middle East subsidiaries made corrupt payments to win business. According to the SEC’s order, the schemes spanned multiple countries and involved bribe payments to government procurement officials […]

Iraqi Jews organizing to Regain Citizenship

By Saad Salloum for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. A number of Iraqi Jews are organizing to officially demand the restoration of their Iraqi citizenship and the annulment of Article 17/II of Iraqi Nationality Law no. 26 (2006), which expressly excludes […]