By John Lee. The Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Friday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional […]
By John Lee. The Iraqi Securities Commission (ISC) has renewed its warning to the public against dealing with unlicensed companies falsely claiming links to the Iraq Stock Exchange or other official entities. The commission said such groups are contacting individuals via phone calls and social media platforms with the aim of financial fraud. It confirmed that […]
By John Lee. Iraq and the United States have agreed to establish a High Joint Coordination Committee to strengthen bilateral cooperation across security, political and economic areas. The decision was announced following the committee's first meeting on Thursday. Both sides agreed to intensify coordination to prevent terrorist attacks and ensure that Iraqi territory is not […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq pivots north as Strait of Hormuz closure forces rethink on oil flows Iraqi authorities are scrambling to contain a looming financial crisis as the Israeli-US war on Iran shows few signs of […]
By John Lee. On 27th March, the UK's Foreign, Commonwealth and Development Office (FCDO) added two Iraqi nationals to the UK Sanctions List, identifying them as having key roles in the financial operations of ISIL/ISIS/Daesh: Sami Jasim Muhammad Jaata al-Jaburi Abd el Hamid Salim Ibrahim Brukan al-Khatouni Click here to read full details. (Source: UK […]
By John Lee. Iran has reportedly begun charging up to $2 million per ship for safe passage through the Strait of Hormuz. The payments, according to the report from Deutsche Welle, would be a breach of international maritime law. This follows a recent statement from Iran's Ministry of Foreign Affairs, denying that the Strait is […]
By Michael Eisenstadt and Assaf Orion, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Military Options for Reopening the Strait of Hormuz: Limitations and Imperatives Loosening Tehran's grip on the strait and its disruption of the […]
By John Lee. The Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Saturday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional […]
By Hayder Al Shakeri, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How the war on Iran is exposing Iraq's fundamental failures When Iraqi Prime Minister Mohammed Shia Al Sudani called for de-escalation and dialogue in the early days of […]
By John Lee. The Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Wednesday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional […]
By John Lee. The NATO Mission in Iraq (NMI) has relocated all its personnel from Iraq to Europe. In a statement, it confirmed that the final personnel departed Iraq on 20th March, with the mission now continuing from Joint Force Command Naples in Italy. Full statement from NATO: NATO Mission Iraq Posture Adjusted MONS, Belgium - […]
By John Lee. The Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Sunday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional […]
