Currency Auction Results, 6th Dec

By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 15 remittance companies took part in its currency auction on Tuesday. A total of $150,044,142 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Italy Increases Support to Iraq

Italian Foreign Minister Paulo Gentiloni has met with his Iraqi counterpart, Ibrahim al-Eshaiker al Jafaari, telling him: "We are standing by you while Mosul is being liberated and we will continue to be by your side through the post-Daesh stabilisation process. Italy intends to keep its commitment in the region, by supporting the Baghdad Government and […]

Unaoil takes Legal Action Against UK SFO

By John Lee. Monaco-based Unaoil, which has been implicated in an international bribery scandal, has launched legal action against the United Kingdom's Serious Fraud Office (SFO), alleging that it has unlawfully misused its powers. The SFO is currently conducting a criminal investigation into the activities of Unaoil, its officers, its employees and its agents in […]

Iraq Wrangling with $26.6bn Budget Deficit

By Sami-Joe Abboud for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq's parliament will meet Dec. 1 to continue hashing out a draft of the 2017 general budget, which currently includes a deficit that will require the country to seek […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Programme Specialist, Gender Based Violence, United Nations Population Fund (UNFPA) SCOPE IT Solution Associate (two positions), United Nations Assistance Mission for Iraq (UNAMI) Administrative Assistant, United Nations Assistance Mission for Iraq (UNAMI) Field Security Assistant, United Nations Assistance Mission for Iraq (UNAMI) Education […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Senior Supply Associate, United Nations Assistance Mission for Iraq (UNAMI) SCOPE IT Solution Associate, United Nations Assistance Mission for Iraq (UNAMI) Associate Coordination Officer, United Nations Assistance Mission for Iraq (UNAMI) Monitoring & Evaluation Coordinator, Norwegian Refugee Council (NRC) ICLA Officer […]

Iraq Oil Exports Break Record

By John Lee. Iraq’s Ministry of Oil has said that total oil exports for November have reached a record high of 4.051 million bpd. The figure is made up of 3.407 million bpd from the southern oilfields, 64,000 bpd from Kirkuk, and 580,000 bpd exported from fields controlled by the Kurdistan Regional Government (KRG). The Ministry […]

Progress in Mosul; Third Axis at City's 'Doorstep'

Iraqi forces are making significant progress in isolating Mosul, as part of efforts to liberate the northern Iraqi city from the Islamic State of Iraq and the Levant, the Defense Department's press operations chief told reporters at the Pentagon yesterday. Iraqi forces have been approaching the city from the east, the southeast and the north, […]

Brainstorming in Sulaimaniyah on Promoting Social Cohesion

Activists, NGOs and community leaders brainstorm in Sulaimaniyah on promoting social cohesion As part of the United Nations Development Programme’s commitment to support social cohesion in Iraq, a three-day workshop has been organized on 25-27 November 2016 in Sulaimaniyah, in partnership with King Abdullah Bin Abdulaziz International Centre for Interreligious and Intercultural Dialogue (KAICIID). The […]

Shiite Forces Advance on Tal Afar

By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Damaged aircraft hangars and twisted metal are scattered across Tal Afar airport, to the south of the city, and tunnels have been dug in several locations. Graffiti praising the Islamic […]

Video: Heavy Rain piles Misery on Mosul Displaced

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Abdelwahed Mahmud dug gullies around his tent in northern Iraq Thursday after heavy overnight rain flooded Khazir camp, the latest hardship to hit the thousands of families displaced around Mosul:

Canada, UK help Women's Empowerment in Kurdistan

KRG Minister Falah Mustafa today received a joint UK-Canada delegation headed by Ms. Crystal Procyshen, Chargé d'affaires of Canada in Iraq, to discuss women issues. Ms. Procyshen stated that this visit was a fact-finding mission, which should provide them with a better understanding of the situation of women and their needs in specific areas in […]