Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th Jan 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD925 (-2.1%) / $960 (-1.3%) (weekly change) (-15.2% and -16.2% YTD change, respectively). The number of week traded […]
Military Strikes Hit ISIL Terrorists in Syria, Iraq
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Sunday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, and […]
Currency Auction Results, 1st Feb
By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 20 remittance companies took part in its currency auction on Monday. A total of $154,530,043 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Kirkuk Oil Flowing, but Locals Never See Any Money
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. Where Are The Petrodollars? Kirkuk Oil Flowing Fast, But Locals Never See Any Money The province of Kirkuk exports millions of barrels of oil per month. But nobody knows where […]
What’s next for Anbar?
By Omar Sattar, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The city of Ramadi was liberated on Dec. 28, and Iraqi security troops accompanied by the Tribal Mobilization Forces, which are affiliated with the Popular Mobilization Units, advanced toward the remaining cities of […]
Video: State Employees Feel Pinch
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Falling oil prices and the rising cost of the war against ISIL is causing hardship in Iraq. Salaries for government employees have been cut, and they get paid every six weeks instead of […]
Renewed Fears of Mosul Dam Collapse
By John Lee. U.S. Army Lieutenant General Sean MacFarland has said the US military was working with the Iraqi government on a plan to protect civilians in the event of a collapse of Mosul Dam. Reuters quotes him as telling journalists in Baghdad: "The likelihood of the dam collapsing is something we are trying to […]
Post ISIL: 'Ethnic Cleansing' in Diyala Province
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. Post-Islamic State Problems: Diyala Province Undergoing Violent Ethnic and Sectarian Cleansing Locals in Diyala province say the area is undergoing ethnic and sectarian “cleansing”. Sunnis are not being allowed back […]
Video: Coalition Adapts Iraq Training
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. US-led coalition troops have adapted their training for Iraqi forces to teach them how to breach jihadist defences in larger-scale assaults on Islamic State group strongholds, officers said Wednesday.
Iraq to sell Saddam's Properties?
By John Lee. The Iraqi government is reportedly considering the sale of more than 600,000 state-owned properties, including around 1,000 that formerly belonged to Saddam Hussein. The sale could potentially yield $150 billion, helping to bolster the country's finances as it struggles to cope with lower oil prices. But according to a report from The […]
Iraq Improves Transparency Ranking (Slightly)
By John Lee. Transparency International has said that Iraq has risen slightly in its global Corruption Perceptions Index (CPI). From at total of 167 countries, Iraq came in at number 161, slightly better than last year’s position of 170 out of 175 countries, and tying with Libya. This result puts it ahead of countries such […]
Foreign Minister Receives the Head of JICA
Minister of Foreign Affairs Dr Ibrahim Al-jaafari received the head of the Japanese International Cooperation Agency (JICA) Mr Shinichi Kitaoka, at the Ministry Headquarter, in Baghdad. The two sides discussed horizons of mutual relations and means to promote them in order to meet the aspirations of the two friendly countries. The minister said that Iraq […]