Gazprom Neft Badra, a subsidiary of Russia's Gazprom Neft, has produced the five-millionth tonne of oil at its Badra oil field. Thanks to the application of cutting-edge production and transportation technologies, this outcome has been achieved in just over two and a half years’ of commercial production. Total cumulative oil production since the start of […]
Australian company Aspen Medical has been contracted by the World Health Organization (WHO) to provide healthcare professionals and hospital management at a 48-bed field hospital south of Mosul in northern Iraq. The field hospital was established by WHO at the urgent request of the Ministry of Health in Iraq. WHO is coordinating a number of […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria, conducting 30 strikes consisting of 72 engagements against ISIS targets yesterday, 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 […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 22 banks and 11 remittance companies took part in its currency auction on Tuesday. A total of $125,278,000 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
The Iraq Britain Business Council (IBBC)'s Spring Conference & Networking Event in London is just days away, but you still have a chance to meet more than 150 key stakeholders, business partners and prospects active in the Iraqi market. The Conference -- Iraq: Rising Confidence -- takes place on Monday 3rd April 2017 at the […]
The Iraqi government has received the consent of the U.S. Department of State to buy American weapons in the form of Foreign Military Sales (FMS) worth more than $22 billion over a 12 year period according to reports. The United States has been Iraq’s primary arms supplier since 2005, with arms exports in 2016 including […]
By John Lee. Iraq's Ministry of Oil announced exports of 91.6 million barrels for February, earning revenue of $4.5 billion. This equates to 3.271 million barrels per day (bpd), and an average oil price of $49.127 per barrel. The southern ports of Basra acconted for 90.8 million barrels, which brought in $4.46 billion, while Kirkuk […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. There has been a dramatic rise in the number of civilians killed in the fight against ISIL in Syria and Iraq. Rights groups who monitor deaths of civilians in both countries have said […]
The Iraqi Red Crescent Society (IRCS) has announced that more than 170 thousand people have been displaced since the start of operations to liberate West Mosul. In a statement, the IRCS said: “IRCS teams has recorded more than 170 thousand displaced people since the operation of Mosul has launched, as IRCS teams are making extraordinary […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. After recent heavy fighting in Mosul, Iraqi civil defence forces say they have pulled more than 200 bodies from the rubble in recent days. The troops have been battling to push ISIL fighters […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Saturday, 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 Coalition military forces conducted 18 strikes consisting of 38 […]
By John Lee. The United Nations has advertised new positions in Iraq: Logistician, Cooperazione Internazionale Fondazione (COOPI) National Security Officer, United Nations Assistance Mission for Iraq (UNAMI) Heavy Vehicle Operator, United Nations Assistance Mission for Iraq (UNAMI) Information Systems Assistant, United Nations Assistance Mission for Iraq (UNAMI) Chief of Mission, International Organization for Migration (IOM) […]
