President Barzani: Time for Kurdistan Referendum
Kurdistan Region President Masoud Barzani says that the time has come for the people of Kurdistan to make a decision through a referendum on their future. In a statement this week, he also criticized those who have made hostile statements about the holding of a referendum in Kurdistan. “In the last few days, a number […]
Operation Inherent Resolve Strikes Continue 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 Thursday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Remotely piloted aircraft […]
Who's to Blame for Recent Kidnappings in Iraq?
By Omar al-Jaffal, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is experiencing a resurgence in the abductions of foreigners, something that had tapered off in recent years. Three new incidents include the kidnappings of 18 Turkish workers in September, 26 Qatari hunters in […]
Currency Auction Results, 5th Feb
By John Lee. The Central Bank of Iraq (CBI) has reported that 24 banks and 20 remittance companies took part in its currency auction on Thursday. A total of $138,559,667 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
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 […]