Video: Aid Running Low at UN’s Newest IDP Camp
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The UN says its newest camp for those escaping the fighting in northern Iraq filled up in just four days. About 54,000 people have been displaced since Iraqi forces launched their offensive to […]
Video: Iraqi special forces resume offensive in Mosul
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Troops of Iraq's elite Counter-Terrorism Service resume their offensive against the Islamic State group on the streets of Mosul after several days of relative quiet.
Currency Auction Results, 14th Nov
By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 15 remittance companies took part in its currency auction on Monday. A total of $148,425,067 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Increased Exports of LPG from Iraq
By John Lee. In its third-quarter results, Epic Gas says that increased LPG production at the Basrah Gas LPG plant has resulted in surplus tonnes available for export. The company said that it has recently noticed a growing number of pressure cargoes coming out from Iraq, and it expects to see this trend continue. (Source: Epic […]
Electro-Voice supplies Sound System for Karbala Stadium
By John Lee. Singapore-based Electro-Voice has supplied the sound system for the recently opened Karbala Olympic Stadium in Iraq. According to Entertainment Technology Press, audio for the project was provided by Baghdad-based APCO Electronics, which chose a sound system from Electro-Voice, including a multi-zone digital audio system, horn-loaded loudspeakers, amplifiers, microphones and wireless systems. The […]
What's really behind Iraq's new Alcohol Ban?
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. The Iraqi parliament's surprise decision to ban alcohol is raising challenges from many quarters, both for the law's content and the way it was passed. Some critics also say politicians […]
Germany ups Reconstruction Assistance to 41m Euros
The Iraqi military forces and the Counter‑ISIL Coalition are driving Islamic State in Iraq further and further back. The people there urgently need help to overcome the impact of destruction and terrorism and enable internal refugees to return to their homes. The German Federal Foreign Office has significantly extended its engagement and is providing assistance […]
UNDP Provides Water, Electricity for over 100,000 Refugees
UNDP helps to ensure access to safe water and reliable electricity for over 100,000 people in the Governorate of Erbil The United Nations Development Programme (UNDP) and the Governorate of Erbil have signed two agreements to rehabilitate key infrastructure in areas hosting thousands of displaced people, including large numbers who have fled from Mosul. With […]
Fleeing IS Forces Fired Toxic Chemicals
Forces of the Islamic State (also known as IS, ISIS, ISIL, Daesh) have launched at least three chemical attacks on the Iraqi town of Qayyarah, according to Human Rights Watch (HRW). The use of toxic chemicals as a means of warfare is a serious threat to civilians and combatants in and around the embattled city […]
New Oil Bidding Round Postponed to Mid-2017
By John Lee. The Ministry of Oil is to postpone a bidding round for 12 small- and medium-sized oil fields, following criticism of the plans by experts including IBN Expert Blogger Ahmed Mousa Jiyad. In a statement, the Ministry's Petroleum Contracts and Licensing Directorate (PCLD) said: "Following to the previous Ministry of Oil Announcement dated […]
Gas Plus Khalakan (GPK) spuds Shewashan-4 Well
Gas Plus Khalakan (GPK), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field. The GPK operations update outlines the continued operating and development events occurring on the Shewashan field including the spud of a new well, Shewashan-4. Key events include; Shewashan-4 Spud: The […]
Daesh causes Environmental Crisis in Ninewa
The Iraqi government and humanitarian organizations are currently dealing with the aftermath of Daesh’s “scorched earth” policy in the Qayyarah area, which has posed a twin threat of smoke from oil fires and sulphur dioxide from the Mishraq Sulphur plant, which was set on fire by Daesh but has now been extinguished. At Qayyarah, 19 […]