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IFC Launches First Institute of Directors in Iraq

The International Finance Corporation (IFC), a member of the World Bank Group, and its partners officially launched the first independent institute of directors in Iraq to promote principles of good corporate governance, boost transparency, and help attract more private investment. The Kurdistani Institute of Directors (KIoD) will be providing corporate governance services in Iraq and […]

Iraq Makes First Purchase of US Rice under MoU

Iraq has reporteldy made its first-ever purchase of US rice under the US–Iraq Memorandum of Understanding (MOU). According to the USA Rice Federation, this sale will help American rice exporters gain a foothold in the Iraqi market, and help prospects for new sales in the future. Iraq’s precedent-setting purchase of 30,000 MT of US long […]

MAN supplies Engines to Iraq

Germany's MAN Diesel & Turbo has delivered six MAN 18V32/40 engines, including gensets and mechanical equipment, to its customer CGGC-UN Power Co Ltd. (China Gezhouba Group Cooperation) in Samawah, Iraq. CGGC is taking on the role of EPC contractor (engineering, procurement, construction) in the building of a 50 MW captive power plant for a cement […]

Details of Latest Defeat-ISIS Strikes

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Tuesday, conducting 21 strikes consisting of 49 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, […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Warehouse Assistant, Baghdad (for Iraqi national only), United Nations Children's Fund (UNICEF) Child Protection Officer, United Nations Children's Fund (UNICEF) Operations Associate (for Iraqi Nationals only) - United Nations Development Programme (UNDP) Programme Management Specialist - United Nations Development Programme (UNDP) MADAD Project Coordinator, […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: WASH Technical Advisor, Relief International WASH Specialist, Norwegian Refugee Council (NRC) Access and Partnership Officer, Norwegian Refugee Council (NRC) Country Security Manager, Norwegian Refugee Council (NRC) Monitoring & Evaluation Coordinator, Norwegian Refugee Council (NRC) Consultant-Project Officer (Psychosocial) (two positions), International Organization for […]

Video: Almost a Million People Displaced from Mosul

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi government forces and their allies say they have surrounded ISIL fighters in Mosul. The UN estimates almost 10,000 people fled from Mosul’s northwest and the Old City every day last week. More […]

Oil Ministry Declares its Final Exports for April

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for April of 97.6 million barrels, giving an average for the month of 3.253 million barrels per day (bpd), slightly less than the 3.259 bpd exported in March. Exports from the southern terminals totalled 96.9 million barrels, with 700,000 barrels exported from Kirkuk. Revenues for the […]

Agility pays $95m to settle US Civil Case

Agility Public Warehousing Co. KSC (Agility), a Kuwaiti company, has agreed to globally resolve criminal, civil, and administrative cases arising from allegations that Agility overcharged the United States when performing contracts with the Department of Defense (DOD) to supply food for U.S. troops from 2003 through 2010. As part of the global resolution, Agility has […]

Charity’s Recipe for Helping Iraq’s IDPs

This summer, fill your kitchen with the tastes and aromas of the middle east and help to raise vital funds for some of iraq’s most vulnerable families. Since Daesh invaded Iraq, 3.3 million people have been forced to flee their homes. Even now, hundreds of thousands are fleeing Mosul to escape the violence. They have […]

Iraqi Marshes could be pulled from World Heritage List

By Hassan al-Shanoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi government is committed to keeping the Mesopotamian Marshes on the UNESCO World Heritage List. Located in the southern part of the country, the marshes were added to UNESCO's list in July 2016. Previously […]