Iraqi Woman Wins Human Rights Award
Human rights campaigner and leader of the Organization of Women’s Freedom in Iraq (OWFI), Yanar Mohammed (55), has been awarded the 2016 Rafto Prize for her work on behalf of women and minorities in war-torn Iraq. The Rafto Prize is awarded annually to individuals or organizations that have distinguished themselves in their work for human […]
Military Strikes Hit 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 Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Wednesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter […]
Currency Auction Results, 29th Sept
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 Thursday. A total of $110,371,703 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Building Market Opportunity and Women’s Networks in MENA
By Madeleine White Reflections on Trade+ Impact summit, in Ifrane, Morocco 19-23rd September 2016 Madeleine is co-founder of Nina magazine, Impact director of Enterprise development NGO Challenges Worldwide (a founder member of the Access to Finance for Rural Enterprise (ACRE) consortium). Madeleine contributed to discussions around the importance of impact investment and social enterprise within wider economic […]
Jiyad: Refining Investment Law should be Rejected or Redrafted
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Remarks on the Second Amendment of Oil Refining Investment Law 64 of 2007 The Second Amendment of Oil Refining Investment Law has specific very serious flaws, and should be either rejected or […]
Genel Energy receives Payment for July Sales
By John Lee. Genel Energy has announced that the Taq Taq field partners have received a gross payment of $23.37 million from the Kurdistan Regional Government ('KRG') for oil sales during July 2016. Genel's net share of the payment is $12.85 million. The payment reflects full settlement of the invoiced amount for July 2016 oil […]
Iraq-Armenia Trade reaches $120m
By John Lee. Trade between Iraq and Armenia has increased to $120 million per annum. The news came as the Foreign Ministers of Armenia and Iraq met in New York to discuss the deepening of cooperation between the two countries. Edward Nalbandian and Ibrahim al-Jaafari attached importance to the organization of high-level mutual visits, efficient […]
New Zealand contributes to Stabilization in Iraq
The Government of New Zealand has contributed US$1 million to UNDP’s Funding Facility for Immediate Stabilization (FFIS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). Based on priorities identified by the Government of Iraq and local authorities, FFIS helps to quickly repair public infrastructure, provides grants to small […]
Scholarship Scheme for Syrian refugees in Kurdistan
UNHCR scholarship scheme helps Syrian refugees access university degrees in the Kurdistan Region of Iraq UNHCR, the UN Refugee Agency, in coordination with the Ministry of Higher Education and Scientific Research of the Kurdistan Region of Iraq (KR-I), this week opened its DAFI scholarship enrolment programme in KR-I and started receiving applications. UNHCR’s higher education […]
Why is Iraq not Profiting from Religious Tourism?
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. Every year, the number of pilgrims visiting religious sites in Iraq increases. After Iranians were not allowed to travel to Mecca to perform the hajj this year due […]
Iraq’s Technocrat Ministers under Threat
By Omar al Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On Sept. 5, unidentified gunmen attacked the home of Ann Nafaa Awsei, the newly appointed minister of construction, housing and public municipalities, in the Iraqi capital, which resulted […]
Oil Minister calls for Investment in Nasiriya Refinery
By John Lee. Oil Minister Jabar Ali al-Luaibi (Allibi) has called for local and international companies to invest in the Nasiriya Refinery project in Thi-Qar province. He also called the concerned authorities to solve all the administrative hindrances which might delay the project in order to award it to the companies which are going to […]