Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report: Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended last week at IQD811 (+0.2%) / $836 (+0.2%) (weekly change) (-15.5% and -11.8% YTD change, respectively). The number of week traded shares was 17.0bn and the […]
The first group of Iraqi Border Guard Force members graduated today from a 12-day program conducted by members of the Combined Joint Task Force Operation Inherent Resolve in Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported today. The coalition works by, with and through its Iraqi partners to ensure the lasting defeat of […]
A total of 69 Iraqi civilians (not including police) were killed and another 142 injured in acts of terrorism, violence and armed conflict in Iraq in December 2017*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). (This compares with 63 civilians killed and 140 injured in November.) Baghdad was […]
Iran’s two border crossings with Iraqi Kurdistan region have resumed their operations following an announcement by the Supreme National Security Council (SNSC), the director general of the Interior Ministry’s border affairs department said. Shahriar Heidari said that according to the interior minister, the Parviz Khan border crossing in Iran's Kermanshah province and the Haj Omran […]
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 […]
China’s state-run Zhenhua Oil has agreed to develop the southern part of the East Baghdad oilfield. Under the agreement, Zhenhua will increase production at the field by 40,000 barrels per day above current production, and provide gas for power stations in the Baghdad area. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] said that this contract […]
Iran's South Rouhina Steel Complex has reportedly sent 500 tons of rebar to Iraq. The Iranian trade attaché to Iraq, Naser Behzad, is quoted by IRNA as saying that the consignment was worth $250,000. 'Exports to Iran have paved the way for sending standard goods,' he said. South Rouhina Steel Complex has the capacity to […]
Iraq's Ministry of Oil has invited local and international companies to participate in the execution of the oil export pipeline extension, which extends from the Kirkuk oilfield to the Iraqi-Turkish border, and will run side-by-side with the old strategic pipeline to the Turkish port of Ceyhan (pictured). Mr. Assim Jihad, the spokesman of the Ministry […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The United Nations Security Council (UNSC) has agreed to lift sanctions imposed on Iraq when the country invaded Kuwait 27 years ago. The Iraqi Foreign Ministry said Dec. […]
The KRG Council of Ministers recently discussed a number of issues, including the unfortunate events that took place recently in some towns in the Kurdistan Region. The Council stressed that people do have the right to peaceful and civil demonstrations, but expressed concern about the acts of violence perpetrated by some individuals during the demonstrations. […]
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for November of 105,050,819 barrels, giving an average for the month of 3.502 million barrels per day (bpd), considerably up on the 3.348 bpd exported in October. These exports were shipped by 40 multinational companies from the ports of Basra, Khor Al-Omaia and the SPM’s […]
Commission of Integrity launches campaign to engage non-governmental organizations in the fight against corruption Iraq’s Commission of Integrity (CoI) has launched a national campaign to promote a broader engagement of non-governmental organizations (NGOs) and civil society in the fight against corruption. Under the leadership of the office of the Prime Minister of Iraq and through […]
