Coalition Strikes Continue Against 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 and ground attack […]
Currency Auction Results, 25th May
By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 18 remittance companies took part in its currency auction on Wednesday. A total of $125,966,131 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Demand Increases for both Basrah Light and Basrah Heavy
By John Lee. The head of the State Oil Marketing Organisation (SOMO) said on Tuesday that Iraq is seeing increasing demand for its Basrah Light and Basrah Heavy crudes oil grades. Falah Alamri told Reuters: "There is a lot of demand in summer, more consumption now than the beginning of the year." He added that […]
Iraq to Remove Ban on Iranian Cement
By John Lee. The secretary of Iran's Cement Industry Employers Association has said that Iraq has promised to remove its ban on the import of Iranian cement. Fars news agency quotes Abdolreza Sheikhan as saying that following several meetings between Iranian and Iraqi officials, Baghdad promised to give priority to Iranian exports, once general ban […]
Journalists Targeted by Security Forces during Protests
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. Iraqi Journalists Targeted By Security Forces During Green Zone Protests Last Friday demonstrators broke into Baghdad’s Green Zone a second time. Security forces were waiting for them - and the […]
Military Strikes Continue Against ISIL Terrorists
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, […]
Video: Iraq Forces launch Assault on Fallujah
Iraqi forces battled the Islamic State group Monday in the opening stages of an operation to retake Fallujah, one of the toughest targets yet in Baghdad's war against the jihadists.
Currency Auction Results, 24th May
By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 18 remittance companies took part in its currency auction on Tuesday. A total of $120,836,770 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Iraq Extends Poultry Products Ban
By Simon Kent. Apparently concerned about the lethal pathogenic H5N1 strain of the bird flu virus, which has previously been reported in Iraq, the country has extended a ban on poultry imports. Previously French poultry product imports were banned in December, but in January the ban was extended to over 20 countries. Monday's ban on […]
Amman Conference touts Iraq Reconstruction Opportunities
By Simon Kent. Fahd Al Hammadi, Chairman of the Federation of Arab Contractors, has called upon more Arab businessmen and entrepreneurs to engage in the reconstruction of Iraq. At a conference in Amman over the weekend, Hammadi noted, “Currently, there are opportunities for investing in projects worth around $22 billion in Iraq in infrastructure and […]
PM Abadi: Final Fallujah Operation Underway
By Simon Kent. Iraq's PM Haider al Abadi has announced that a major battle to retake Fallujah from ISIS has begun. The town fell under the control of the terrorists in January 2014, after security deteriorated following months of Sunni protests against the government of Nouri al Maliki. Protesters accused Maliki of rounding up hundreds […]
Jordan Border Crossing to Re-Open
By Simon Kent. Iraq is set to reopen its border with Jordan near the town of Rutbah, a remote settlement over 200km from Baghdad that was liberated from ISIS control last week. Around 200 militants were thought to have been present in the town, with most fleeing and some fighting to the death. When the […]