UN Advertises Jobs in Iraqi Kurdistan
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: Administrative Assistant (UNDP) Health Technical Advisor (Relief International) WASH Technical Advisor (Relief International) ERD Coordinator (International Rescue Committee, IRC) HLP Analyst for UNHABITAT (UNDP) (Source: UN) (Recruitment image via Shutterstock)
Counter-ISIL Strikes Target 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 Wednesay. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Ground-attack, attack and […]
Video: IS Claims Deadly Bombings in Baghdad
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Blasts in mainly Shia neighbourhoods mark the year's deadliest day for Baghdad, with death toll crossing the 88 mark:
Currency Auction Results, 9th May
By John Lee. The Central Bank of Iraq (CBI) has reported that 28 banks and 17 remittance companies took part in its currency auction on Wednesday. A total of $153,253,181 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
New Dhi Qar Oil Company Gets $42m Capital
By John Lee. Iraq's new Dhi Qar Oil Company (DQOC) is getting US$42 million in start-up capital following approval from the Iraqi Ministry of Finance, according to a report from OilPrice. The company was spun off from the South Oil Company (SOC) in January, taking over four of its fields in Dhi Qar governorate; the […]
Yazidi Religious Leaders visit the UK
The most senior delegation of Yazidi religious leaders ever to visit the UK has arrived in London on a three-day mission to encourage more dialogue between the Yazidis and other more mainstream faiths. Hosted by the UK-based AMAR International Charitable Foundation, the Yazidis will hold talks with Government ministers and other senior politicians, meet religious […]
Germany contributes additional $3.9m in Aid
Germany has contributed an additional US$3.9 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, ISIS, Daesh, IS). This contribution brings Germany’s total financing of the Facility to $16 million. Based on priorities identified by local authorities, UNDP helps to quickly […]
Strikes Continue Against 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 Monday, Combined Joint Task Force Operation Inherent Resolve officials reported on Tuesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Remotely piloted aircraft […]
UN Advertises Jobs in Iraqi Kurdistan
By John Lee. The United Nations has advertised several new positions in Iraq: Emergency Operations Coordinator (Handicap International) Rapid Response Coordinator (Norwegian Refugee Council, NRC) Support Manager (Norwegian Refugee Council, NRC) HLP Analyst for UN Habitat (UNDP) (Source: UN) (Recruitment image via Shutterstock)
Currency Auction Results, 9th May
By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 12 remittance companies took part in its currency auction on Tuesday. A total of $98,756,000 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Iraq sells $1.3bn in Local Bonds
By John Lee. According to a report from Reuters, the Central Bank of Iraq (CBI) has started selling local bonds worth 1.5 trillion Iraqi dinars ($1.29 billion). The first local bonds sale to the public since 2003 is aimed at relieving the government budget deficit caused by falling oil prices and the costs of fighting […]
Weatherford has "largely completed" Zubair Project
By John Lee. In its First Quarter 2016 Results, oil services company Weatherford said that it has now largely completed its Zubair project in Iraq. Net cash expenditure on the project to date amounts to $47 million. Shares in Weatherford have fallen by almost 30 percent since the results announcement. (Source: Weatherford, Yahoo!)