Currency Auction Results, 27th June
By John Lee. The Central Bank of Iraq (CBI) has reported that 30 banks and 17 remittance companies took part in its currency auction on Monday. A total of $140,489,450 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Kurds Agree Arabs Can Own Real Estate, Sparking Controversy
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. Kurdish Agree Arabs Can Own Real Estate, Sparking Controversy Last week, the governor of Sulaymaniyah ruled that Arabs could own houses and land in the area. The new rule sparked […]
Political Union in Kurdistan - Peace, or Civil War?
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. Will New Political Union in Kurdistan Equal Political Peace - Or Civil War? Recently two of Iraqi Kurdistan’s major political parties united. The other major party doesn’t like this – […]
The Young Iraqi Artists Replacing Rubbish With Beauty
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. Up to 150 volunteers are painting landscapes and other pictures on Baghdad's walls. Some say such efforts are useless in violent Iraq but others insist it’s a worthwhile exercise. A […]
The Myth of a Tripartite Iraq
By Denise Natali for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the overthrow of Saddam Hussein in 2003 and breakdown of the Iraqi state, ethno-sectarian partition has become a popular political mantra. The assumption is that a federal state based on three autonomous regions — […]
Renewable Energy Opportunity in Muthana
The Ministry of Electricity of the Republic of Iraq (the MOE) herby announces issuing a Request for Proposal (PFP) in connection with the following tenders no. MOE/HQ/19/2016 for renewable Energy of 50 MW SAWA PV Power Plant Project on a (BOO) basis, Build, Own, Operate, at Al-Salman District, Al Muthana Governorate, Iraq. Tender Rules against […]
Yazidis Return Home to Face Economic Blockade
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. Iraq’s Yazidis Return Home To Face Cruel Economic Blockade Many of the Yazidis who were so brutalised by the extremist Islamic State group have returned home – but now they […]
Coalition Strikes Target ISIL in Iraq, Syria
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter and […]
Video: Forces flushing IS out of last Fallujah Pocket
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi forces have retaken more than 80 percent of Fallujah from the Islamic State group, the commander of the month-long offensive on the jihadist bastion said.
Remembering the Jews of Dhi Qar in City’s Architecture
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. The Iraqi Jews of Dhi Qar were once an important part of the province’s social fabric. Despite controversial claims on land they left behind, older locals still remember their neighbours […]
KRG, Iran make Progress on Oil Pipeline Deal
By John Lee. Iran and the Kurdistan Regional Government (KRG) have reportedly agreed the technical details of a plan to build a pipeline that could transfer as much as 250,000 bpd of Kurdish oil to Iran. Taha Zangana (pictured), the KRG's deputy minister of natural resources, told Al Jazeera: "We [the KRG and Iran] have an […]
BH Defense wins $31m Iraq Order
By John Lee. BH Defense, of Jacksonville, Florida, has been awarded a $30,933,730 firm-fixed-price, multi-year, foreign military sales contract with options for equipment, training, sustainment, and support to the Iraq International Academy. One bid was solicited with one received. The estimated completion date is June 20, 2019. (Source: US Dept of Defense)