Archive | Iraqi Communications News

The latest Iraqi communications news, including developments and opportunities in communications and media from Iraq Business News.

Zain Iraq Shares Jump on ISX Debut

By Simon Kent. Zain Iraq is now listed on the Baghdad stock exchange, some 4 years after the company was required to do so under the terms of their market entry to Iraq, Reuters reports. Analysts such as Hassan Aldahan, chairman of Baghdad investment company Bain Alnahrain, explained that the 50% rise on share value was artificially […]

Regulator Drops $100m Zain Fine

By John Lee. Iraq’s Communication and Media Commission (CMC) has scrapped a $100-million fine imposed on mobile phone operator Zain Iraq. The telecom watchdog had claimed that Zain Iraq sold mobile phone SIM cards without its permission. Reuters reports that a CMC committee considering the case decided not to impose the fine. (Source: Reuters) (Dollars […]

Zain Iraq to start Trading soon on ISX

By John Lee. Reuters reports that Zain Iraq will list on the Baghdad Stock Exchange (ISX) on 23rd June. Under the terms of its 15-year licence awarded in 2007, the company, along with Iraq's two other mobile phone firms, was required to float at least a quarter of its shares on the ISX by August […]

Nina-Iraq Magazine Victim of Cyber Attack

Nina-iraq has been hacked. This is not a simple sabotage. In a hacking attempt similar to the one that saw data being stripped from the US government a few days ago the entire server of this leading, bilingual Iraqi magazine has been corrupted, bringing down many other sites also. Nina has been fending off constant […]

Minister Orders Cheaper Internet Access

By John Lee. The Minister of Communications, Hassan Rashid [Kazem Hassan Rashed] (pictured), has reportedly ordered a reduction in the cost of internet services, to make them more accessible to all segments of society. Shafaaq News also report that the Ministry of Communications has completed an optical fibre project to provide high-speed internet access in Babil […]

Restrata wins $1.2m Network Deal

Restrata has been awarded a $1.2 million dollar (1.4 billion Iraqi dinar) contract to deploy a new managed internet network across six locations in Iraq, including West Qurna 2 Oilfield, Baghdad, Basra Central and Iraq Energy City. This new managed network enables Restrata to provide their clients with IP connectivity required to access bandwidth-hungry services […]

Protest Over Media Prizes

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Rewarding Journalists For Bias? Iraqi Media Protest Over MPs' Unfair Prize Giving Recently the Iraqi Parliament decided to give out awards to journalists in the press corps in Baghdad. For […]

Iraqis use Social Media to Pressure Govt

By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Social networking sites in Iraq are turning into a real pressure tool on government decision-making centers. This became obvious April 28 when activists and bloggers started a media campaign on Facebook against the Iraqi […]

IBBC Welcomes 2 New Members

By John Lee. The Iraq Britain Business Council (IBBC) has welcomed two new members. Privately-owned Upstream Technical Consultants Limited is the organisation's first member from the recruitment sector. Established in the UK in 1998, it opened a branch office in Iraq in 2014, providing skilled exploration and production specialists to the oil and gas industry. Dubai-based […]

Zain Blames Iraq for Profit Slump

By John Lee. Kuwait's Zain Group has reported a 26.7 percent fall in first-quarter profit on Tuesday, as its Iraq business suffered from political instability and intense competition. Zain Group CEO, Scott Gegenheimer (pictured) noted: “The quarter reflected mixed results in what were quite challenging conditions in several of our key markets, especially Iraq where […]

Video: The Perilous Life of Journalists in Iraq

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Since the US-led invasion in 2003, Iraq has been one of the deadliest countries in the world for journalists. According to figures from the Committee to Protect Journalists, at least 200 media workers […]