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)
KRG Completes May Payment to DNO, Genel
DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 24.28 million from the Kurdistan Regional Government as a second payment towards May crude oil deliveries to the export market from the Tawke field. With the receipt of USD 15.00 million earlier this week, the payment completes settlement of the total invoiced […]
US Contributes another $20m in Humanitarian Aid
In light of recent events in Iraq, and in response to the UN High Commissioner for Refugees’ recent appeals for emergency needs in Fallujah, the United States has announced an additional $20 million in humanitarian aid to UNHCR’s Iraq response. This will be part of a larger package of humanitarian assistance that will be announced […]
Jordan Closes Borders with Syria and Iraq
By John Lee. Jordan has reported closed its borders with Syria and Iraq following the suicide bombing that killed six soldiers at a Jordanian army camp. The Jordanian government said that there won't be new refugee camps and that the existing ones won't be expanded. (Sources: ANSAmed, Newsweek)
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 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 Bomber, attack, fighter […]
Currency Auction Results, 23rd June
By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 17 remittance companies took part in its currency auction on Thursday. A total of $135,861,364 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Lukoil in Talks on Iraq Petrochemical Project
By John Lee. Russia’s Lukoil is in talks with Shell and Total regarding their participation in a petrochemical complex in southern Iraq. President Vagit Alekperov (pictured) told TASS: "To create a petrochemical complex - now the negotiations are under way with Shell and with Total. The Iraqi side supports our efforts." He added that Iraq […]