KRG President Masoud Barzani welcomed Ms. Jana Hybaskova, the ambassador of the European Union in Iraq, this week. During the meeting President Barzani and Ambassador Hybaskova discussed the latest issues facing Iraq and the Kurdistan Region with emphasis on the latest terrorist development in Ramadi. Ambassador Hybaskova also took the opportunity to reiterate the support […]
By Walid Khoudouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is passing through a dangerous phase. There is a lot of waste and corruption and little transparency in state institutions. The security situation is deteriorating. And lately, there has been negative information about […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The humanitarian crisis in Iraq is worsening, as people try to flee the city of Ramadi - which is now controlled by the Islamic State (IS, ISIS, ISIL). Many civilians have spent days […]
By John Lee. BlackRock Frontiers Investment Trust has said that the fund's most significant detractors from performance were its Iraqi oil stocks. In its Half-yearly Report, the fund commented: "Although Kurdistan has started exporting oil through it's pipeline to Turkey, the International Oil Companies ("IOCs") are still not receiving payment for these exports which is […]
The Kurdistan Regional Government (KRG) says it has been struggling to provide adequate humanitarian assistance to an overwhelming number of Iraqi internally displaced persons, IDPs, and Syrian refugees. However, according to the KRG Ministry of Planning, the Kurdistan Region needs further assistance from United Nation agencies and the international community in order to be able […]
By John Lee. SOS International (SOSi) of, Reston, Virginia, has been awarded a $36-million (42-billion-Iraqi-dinar) modification to contract W56KGZ-15-C-4000 for base life support at Camp Taji, Iraq. The estimated completion date is June 30, 2015. Funding will be determined with each order. Army Contracting Command Kuwait, is the contracting activity. (Source: US Dept of Defense) […]
By John Lee. Iran’s Defense Minister, Brigadier General Hossein Dehqan [Dehghan], arrived in Baghdad on Monday for talks with senior officials. The Minister and his delegation were welcomed by the Chief of Staff of the Iraqi Armed Forces, General Babak Zebari. Dehqan is scheduled to meet with the Iraqi Minister of Defense, Khalid al-Obeidi; Iraqi […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fighters from the Islamic State of Iraq and the Levant (ISIL, ISIS) group have overrun one of the last remaining districts held by government forces in the Iraqi city of Ramadi, security officials […]
First ever crisis coordination and disaster preparedness centre in Kurdistan The Kurdistan Regional Government’s (KRG) Ministry of Interior has inaugurated its Joint Crisis Coordination Centre (JCC), mandated by the Council of Ministers in January 2015. Several international donor partners and the United Nations extended support to the KRG to build an institutional response and coordination […]
Japan and UNESCO have joined hands to address the grave consequences of Iraq’s present emergency situation on education. The government of Japan has pledged $3,000,000 in funding to help UNESCO implement two education projects that will benefit IDPs and Syrian refugees in Iraq including the Kurdistan Region of Iraq. An event to launch the two […]
By Walaa Hussein for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Middle East is facing a water crisis. As the region experiences conflicts over water and faces the continuous risk of war breaking out, experts on water predict that the Islamic State […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi security forces are still battling for the control of the country's largest refinery in Baiji, where the Islamic state group has been launching several offensives:
