Budget Law 2017 and OPEC Production Cut Impact
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Budget Law 2017 and OPEC Production Cut Impact - Preliminary Remarks On 7 December, the Iraqi Parliament passed Budget Law 2017 by a majority voting with 186 attendances, before the House went […]
Alliant is Awarded $22m Contract Extension
Alliant Techsystems of Fort Worth, Texas, has been awarded a $22,189,071 firm-fixed-price modification to exercise an option on previously awarded contract FA8106-16-C-0004 for contractor logistic support for the Iraqi Air Force’s Cessna 208 fleet. Work will be performed at various locations in Iraq, and is expected to be complete by Dec. 31, 2017. This contract […]
WHO welcomes $5m from Kuwait for people of Mosul
WHO welcomes $5-million from Kuwait to provide life-saving health services to people in Mosul The World Health Organization (WHO) has welcomed the generous support of the State of Kuwait through a US$ 5 million donation to help people in the city of Mosul obtain greater medical assistance, particularly the most vulnerable—women, children, the injured and […]
Consultation on IDPs, Mobile Courts and Multi-Service Centres
Government and civil society consult on access to justice for IDPs and returnees; recommend mobile courts and multi-service centres A consultation with representatives of Iraq’s Government and civil society on Improving Access to Justice for Internally Displaced and Returnee Populations was organized on 4 December 2016, at Al Nahrain Center for Strategic Studies in Baghdad. […]
Iraq's Caucasus Tribes demand Formal Recognition
By Saad Salloum for Al Monitor. Any opinions here are those of the author, and do not necessarily reflect the views of Iraq Business News. Three Iraqi Caucasus tribes are uniting to seek recognition under the Iraqi Constitution. The Circassians, Chechens and Dagestanis want to unify their communities under one national name, “Caucasus,” much like […]
Video: Newly-Opened IDP School brings Smiles in Kids
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Huge smiles lit the faces of the Iraqi children lining up outside the newly opened school in Jadaa displacement camp, for many hadn't seen a classroom in two years. The government, the UN and […]
KRG receives US-Kurdistan Business Council Delegation
KRG Foreign Minister Falah Mustafa today received representatives of 30 U.S companies, led by the U.S-Kurdistan Business Council (USKBC), to discuss investment opportunities and latest developments. In a meeting attended by Bayan Rahman, KRG Representative to the U.S, Minister Mustafa thanked the USKBC for organizing the visit and underlined the importance of further engagement of […]
Oil Minister meets with British Ambassador in Baghdad
By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] met with Frank Baker, the British ambassador in Baghdad, and discussed relations between the two countries in the oil and gas industry. The Minister confirmed the necessity of strengthening relations between the countries, and invited British oil companies to invest in projects which will be […]
Military Strikes Continue Against ISIL Terrorists in Syria, Iraq
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and remotely […]
Iran Pledges Support for Iraq
Iranian Foreign Minister Mohammad Javad Zarif pledged support for Iraq in its efforts to establish security, describing the Arab country’s security as that of Iran. Iran will provide the government and nation of Iraq with every aid and facility available to help the neighboring country establish stability and security, Zarif said Monday in a meeting […]
Video: Iraq and the Art of War
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi artists Dia al-Azzawi and Mahmoud Obaidi discuss the ongoing conflict and destruction in their home country.
Currency Auction Results, 13th Dec
By John Lee. The Central Bank of Iraq (CBI) has reported that 34 banks and 15 remittance companies took part in its currency auction on Tuesday. A total of $149,426,498 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)