Military Strikes Continue Against ISIL 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 Wednesday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, ground […]
Political Risk Index for Iraq Oil Export: Reality and Predictions
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Political Risk Index for Iraq Oil Export: Reality and Predictions Oil export by a country could be impacted by a multiplicity of factors, but in the short term oil export could be […]
Video: Italian Firm Wins Contract to Fix Mosul Dam
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq announced on Tuesday that it has awarded Italian firm Trevi a contract to repair and maintain the country's largest dam, which is in danger of catastrophic collapse.
Strikes Continue Against ISIL 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 Tuesday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, and […]
Is the KRG heading for Bankruptcy?
By Amberin Zaman for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. When the Iraqi Kurds come to Washington, it is often to ask for guns to fight the Islamic State (IS). Now they are pleading for cash, warning that their campaign against the jihadis is threatened […]
Currency Auction Results, 3rd Feb
By John Lee. The Central Bank of Iraq (CBI) has reported that 25 banks and 20 remittance companies took part in its currency auction on Wednesday. A total of $145,982,444 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
January Oil Exports Up; Revenues Slump
By John Lee. Iraq's oil ministry said on Monday that exports rose slightly in January to an average of 3.285 million barrels per day (bpd), up from 3.216 million bpd in December. Production from the southern oilfields averaged 3.9 million bpd, down from a record high of 4.13 millon bpd the previous month. All of […]
UN asks for $861m for Humanitarian Aid
The United Nations has appealed for $861 million to help Iraq meet a big funding gap in its 2016 emergency response to the humanitarian crisis: At a joint launch today in Baghdad, the Government of Iraq and the United Nations called for international help to respond to the growing humanitarian crisis in Iraq. Ten million […]
Essential Services Reestablished in Tikrit
Mayor of Tikrit: With the help of UNDP, people have reestablished essential services for our community The Mayor of Tikrit, Omar Tariq Ismail, says he is proud of the progress his city has made in the past seven months following liberation from the control of the Islamic State of Iraq and the Levant (ISIL). “With […]
849 Iraqis Killed in January
A total of 849 Iraqis were killed and another 1,450 were injured in acts of terrorism, violence and armed conflict in Iraq in January 2016*, according to casualty figures released today by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in January was 490 (including 24 federal police, Sahwa civil […]
Coalition Continues Anti-ISIL Strikes 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 Monday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and fighter […]
KRG Clarifies Payments - Oil Shares Up Sharply
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were up 28 percent on the London market this morning, after the Kurdistan Regional Government's Ministry of Natural Resources clarified its export payment plan for foreign oil companies. Other companies with exposure to Iraqi Kurdistan, includingn Genel Energy and DNO, also saw their shares rise significantly. […]