Iran, Iraq asked to Freeze Oil Output at Current Levels

By John Lee. Qatar's Energy Minister has reportedly said that Iran and Iraq are being asked to freeze oil output at current levels, as part of a wider deal to restrain production. According to ArabianBusiness.com, Mohammed Al Sada told reporters: "We are discussing with both countries on that and we are looking at various ways and […]

Anbar Desert Provides Extremists with Business Opportunities

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Anbar Desert Provides Extremists with Hiding Place and Business Opportunities The desert in Anbar remains a lawless realm. Islamic State extremists are behind a booming import business on the Iraq-Syria […]

Video: Foreign Medics help Treat Wounded in Mosul

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Foreign medics are helping Iraqi special forces personnel treat a growing number of civilians wounded by intense urban warfare inside the jihadist-held city of Mosul.

Video: Civilians Wounded by Mortars in Mosul

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Dozens of wounded civilians arrive at the field hospital in Mosul’s Samah neighborhood after mortar fire hit the area where they were gathered.

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 Syria and Iraq on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Fighter and remotely piloted […]

AMAR Builds Health Clinic in just 10 Days

By Padraig O'Hannelly. A team from the AMAR International Charitable Foundation has taken just 10 days to build a health clinic for Mosul IDPs at Zelikan camp. The new facility, which was funded by Vitol Foundation, was officially opened on Monday by AMAR Chairman, Baroness Nicholson of Winterbourne. You can contribute to AMAR Foundation here. (Source: […]

Joint Statement on 1 Mth of Military Ops to Retake Mosul

Joint Statement on One Month of Military Operations to Retake Mosul Today marks one month of intensified military operations to retake the city of Mosul. With tens of thousands of families in newly retaken areas urgently requiring life-saving assistance, the humanitarian community in Iraq faces a massive scope of need. These latest developments further exacerbate […]

Details of Latest Counter-ISIL Strikes in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter, and […]

Video: Nimrud, Fabled city IS sought to Destroy

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Ali al-Bayati clambered onto the remains of a giant winged bull statue that once stood as a protector of Iraq's fabled ancient Nimrud before the Islamic State group came.

Currency Auction Results, 17th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 15 remittance companies took part in its currency auction on Thursday. A total of $150,085,261 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

ShaMaran Announces 3Q Results

ShaMaran Petroleum has announced its financial and operating results for the nine months ended September 30, 2016. Unless otherwise stated all currency amounts indicated as “$” in this news release are expressed in thousands of United States dollars. On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC […]