By John Lee. The Central Bank of Iraq (CBI) has held symposium entitled "Analysis of the phenomenon of Hoarding in Iraq", addressing the problem of people hoarding Iraqi dinars (IQD), and not making them available to the banking system. During the seminar, the Governor of the Central Bank, Dr. Ali Mohsen Ismail (pictured), pointed out […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi forces backed by tribal fighters are manoeuvring into position in the western desert bordering Syria to launch an offensive against one of the last bastions of the Islamic State group.
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Tuesday, conducting 65 strikes consisting of 76 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
By John Lee. ADES International Holding, a London-listed company providing oil and gas drilling and production services, has said that it is "scaling existing operations and penetrating new markets through participation in a substantial pipeline of active tenders across the Middle East, in existing geographies as well as the UAE and onshore Iraq." In its […]
Iraq, and in particular northern Iraq, is rich in agricultural resources. Recent years, however, have seen an over-reliance on the oil sector to drive growth. In 2014, deteriorating security and conflict in Iraq, coupled with a dramatic fall in global oil prices, caused a severe economic recession in the country. The Government of Iraq and […]
By Hal Miran, Editor-in-Chief, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. How Iraqi Entrepreneurs can Raise Startup Money Without a Loan Raising money for your business is always a challenge. Every startup must prepare and plan in detail how they intend to raise […]
By Ashley Goodall. Is the UK overlooking a key USP for British International businesses? Education and training footprint of British companies around the world has a significant and excellent impact on communities and economies and is often taken for granted. As the UK ramps up its trade rhetoric and a ‘Global Britain’ emerges, one of […]
By Rabih Nader for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Lebanese authorities arrested a former Iraqi minister who was wanted by Interpol at the airport in Beirut Sept. 8. The identity of the minister has not been released yet, but Lebanese […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 41 strikes consisting of 50 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]
By John Lee. ManTech Advanced Systems International has been awarded a $44,915,177 contract for logistics sustainment and support for the Mine Resistant Ambush family of vehicles in Iraq and Egypt. Work will be performed in Afghanistan, Egypt, Horn of Africa, Iraq, Kuwait, and various other locations inside and outside the continental U.S., with an estimated […]
By John Lee. Al Fajar Al Alamia, an Omani firm listed on the Muscat bourse, has said that port facilities in the northern part of Oman must be improved in order to handle the high volumes of rock products required in Iraq, Qatar and Bangladesh. Company chairman Saleem bin Qassim bin Ahmed Al Zawawi said: […]
By John Lee. Jordan and Iraq have agreed to set up a joint industrial zone on the border between the two countries, and asked companies on both sides to promptly put in place their visions on implementation. According to Petra, Iraqi Minister of Industry and Minerals, Mohammad Shia' Al Sudani, and Jordan's Minister of Industry, […]
