International Oil Trading Co. (IOTC) announced today that the company has reached a full settlement with the Defense Logistics Agency - Energy (DLA), resolving all issues associated with IOTC's delivery of fuel to the Coalition troops during the Iraq War. The $40 million payment to IOTC represents amounts due for fuel delivered and received by […]
UNHCR and Consul General of Kuwait follow progress of Kuwait Fund project in Iraq UNHCR Coordinator for the Kurdistan Region of Iraq, Ms. Monica Noro, and the Consul General of the State of Kuwait in Erbil, Dr. Omer Al-Kendari, visited Dohuk Governorate yesterday to observe the progress of the Kuwait Fund for Arab Economic Development […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
NATO works closely with Iraq to strengthen good governance in the Iraqi security structures Over a hundred representatives from twenty ministries and institutions across the Iraqi government attended a workshop organized by NATO in Baghdad, on 24 to 26 April 2018. The focus was on best practices to strengthen transparency, accountability and good governance within […]
A total of 68 Iraqi civilians were killed and another 122 injured in acts of terrorism, violence and armed conflict in Iraq in April 2018*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The figures include ordinary citizens and others considered civilian at the time of death or injury, […]
By John Lee. Nearly 4,000 ancient artifacts illegally acquired by a US-based arts-and-crafts retailer are to be returned to Iraq on Wednesday. In July of last year, Hobby Lobby agreed to pay a $3 million fine for illegally importing thousands of ancient Iraqi artifacts smuggled into the US through the United Arab Emirates (UAE) and Israel. […]
The Combined Joint Forces Land Component Command headquarters was deactivated today at a ceremony in Baghdad, signifying the end of major combat operations in Iraq against the Islamic State of Iraq and Syria and acknowledging the changing composition and responsibilities of the coalition. CJFLCC was responsible for coalition land force operations in support of Iraqi […]
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The UN’s committee overseeing sanctions on the Islamic State and al-Qaeda has approved an Iraqi request to include Al-Kawthar Money Exchange and its owner Umar al-Kubaysi, as well as Salem Mustafa Mohammed al-Mansour, aka […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
The Iraq Britain Business Council (IBBC) held its annual Spring Conference at the Mansion House in London and a newly formatted second day forum for Iraqi and UK SMEs to discuss business opportunities at the Royal Overseas League on the 24th and 25th of April. The event proved to be a huge success, with record […]
By Padraig O'Hannelly. At a major Iraqi business event in London on Tuesday, there was a strong sense that Iraq’s perceived risk profile is improving, and that this is an excellent time to do business in the country. Nearly 300 delegates attended the Iraq Britain Business Council (IBBC)‘s Spring Conference at the Mansion House, which focused […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
