Oil Minister Jabar Ali al-Luaibi [Allibi] has stated that his country will soon complete a project for supplying gas to Kuwait in line with an earlier agreement hammered out between both sides. The minister made the remark during the third Iraq Energy Forum held in Baghdad, lauding good cooperative relations between Iraq and Kuwait. "Iraq […]
Iraqi and coalition forces will learn from the civilian casualty incident of March 17 and continue to support Iraqi forces taking the fight to the Islamic State of Iraq and Syria in Mosul, the chairman of the Joint Chiefs of Staff said today. Marine Corps Gen. Joe Dunford spoke to reporters enduring the return leg […]
The Head of the KRG Department of Foreign Relations, Falah Mustafa, received a United Nations World Food Programme (WFP) delegation that included Celebrity Partner for UNWFP for Iraq, Ms. Suhair Al-Qaisi, and Head of the Erbil Office Moayad Hameidi. In the meeting Minister Mustafa appreciated the role Ms. Al-Qaisi is playing in supporting, helping the […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria 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 In Syria, coalition military forces conducted 15 strikes consisting of […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 11 remittance companies took part in its currency auction on Wednesday. A total of $159,376,527 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
At a major Iraqi business event on Monday, there was a strong sense that Iraq's fortunes are turning a corner, with the Islamic State group (IS, ISIS, ISIL, Da'esh) on the retreat, and substantial export funding newly available for projects in the country. More than 250 delegates attended the Iraq Britain Business Council (IBBC)'s Spring […]
By John Lee. Iraq's State Oil Marketing Organization (SOMO) and Russia's Lukoil have formed a joint venture to market crude oil. In a statement, the Iraqi Oil Ministry said Litasco -- Lukoil‘s international marketing and trading arm -- would help sell Iraqi crude and train Iraqi staff in marketing. (Source: Ministry of Oil)
A total of 548 Iraqi civilians were killed and another 567 were injured in acts of terrorism, violence and armed conflict in Iraq in March 2017*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in March (not including police) was 543, while the number […]
Iraqi officials believe that the March 17 blast in Mosul that killed 61 civilians -- including many women and children -- was caused by the blast of an Islamic State of Iraq and Syria vehicle-borne explosive device. Saeed al-Jayashi, a spokesman for the Iraqi military, said an examination of the site shows that the building […]
U.S. and coalition military forces have continued to attack the Islamic State of Iraq and Syria, conducting 27 strikes consisting of 55 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 […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 35 banks and 11 remittance companies took part in its currency auction on Tuesday. A total of $159,961,907 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Nikkei Asian Review reports that state-owned Japan Bank for International Cooperation (JBIC) and the country's two leading commercial banks -- Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking -- are preparing to make Japan's first loan to Iraq in 31 years. The consortium will support an Iraqi government power project with a […]
