Lebanon to Increase Economic Cooperation with Kurdistan
The Head of KRG Foreign Relations, Minister Falah Mustafa, yesterday received Lebanese Chargé D'affaires in Iraq Mr. Walid Ghoussaini. The Lebanese Chargé D'affaires gave an overview of the participation of the Lebanese companies in the economic development of the Kurdistan Region and highlighted the desire of the Lebanese companies to broaden the scope of their […]
Can Iraq, Turkey agree to Protect Marshes?
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Can Iraq reach dam agreement with Turkey to protect marshes? Severe drought is affecting agricultural lands across Iraq because of the low levels of river water. Iraqi officials […]
Oil Minister meets Indonesian Ambassador
By John Lee. Oil Minister Jabar Ali al-Luaibi (Allibi) met Indonesian Ambassador Banbage Intaricso and his entourage in his office on Thursday. The two parties discussed the strengthening the cooperation between the two countries in the oil an gas sector. Mr. Allibi called on Indonesian companies to participate in the sharing investment contracts in the […]
Counter-ISIL Strikes Continue 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 Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber and […]
Iraq Agrees to Limit Oil Production Target
By John Lee. Iraq's Ministry of Oil has announced that it has agreed to limit its oil production target to 4.75 - 5 million barrels per day. The country is currently producing around 4.6 million bpd. Oil Minister Jabar Ali al-Luaibi (Allibi) is going to participate in the OPEC meetings at the end of November, […]
KRG PM Highlights the Role of Private Sector
The Prime Minister of the Kurdistan Regional Government (KRG), Nechirvan Barzani, has praised the role of the private sector in stimulating Kurdistan’s economy, as the region is dealing with financial challenges. During a speech at a conference organized by the Kurdistan Federation of Chambers of Commerce and Industry on Sunday, Prime Minister Barzani said that […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Oct 2016). Note: ISX will be closed on Oct. 12, 2016 due to the Day of Ashura. Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ793 (+2.7%) / […]
UN Women Iraq engages Civil Society Groups
UN Women Iraq engages civil society groups as important catalysts for change UN Women met with civil society groups in Erbil on 06 October 2016, as part of continuing efforts to engage civil society on gender equality, women’s rights, and empowerment. Through a consultative forum called Civil Society Advisory Group (CSAG) created by UN Women […]
Yezidi Survivors "Neglected by Int'l Community"
Yezidi survivors of horrific abuse in IS captivity neglected by international community Yezidi women and girls who have been enslaved, raped beaten and otherwise tortured by the armed group calling itself Islamic State (IS) are being failed by a lack of adequate support from the international community, said Amnesty International today. Researchers from the organization […]
Currency Auction Results, 10th Oct
By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 12 remittance companies took part in its currency auction on Monday. A total of $149,509,399 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Interview: Chairman of Oil & Gas Cmte of Basra Council
CWC’s third Basra Oil, Gas and Infrastructure Conference will take place this year in Beirut, Lebanon on 24-25 of October 2016. In a pre-conference interview with the Chairman of the Oil and Gas Committee of Basra Council, Mr Ali Fares outlined the most important issues that the Basra delegation will focus on during the conference, […]
KRG "Seized, Sold Gulen Schools"
By Sara al-Qaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A private company has reportedly taken over Gulenist schools in Iraqi Kurdistan. According to the Dwarozh news website, Kurdistan Regional Government (KRG) Education Minister Bishwan Sadeq said a private Kurdish company, the Khoshnaw Group, bought the […]