Service Contracts Vs Production Sharing Contracts Revisited
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Service Contracts Vs Production Sharing Contracts Revisited Debating the performance of the service contracts and viability of production sharing contracts as alternative seems to reenergizes lately among Iraqi professionals; this is prompted […]
Video: Iraq calls for Turkish Withdrawal from Mosul Area
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq has called on Turkey to immediately withdrawal Turkish troops operating in the country's north, saying the deployment was a violation of Iraqi sovereignty, the prime minister's office said on Saturday. Al Jazeera's […]
KRG Airports Closed Again
By John Lee. The international airports at Erbil (pictured) and Sulaymaniyah have been closed due to Russian aerial operations against Islamic State (IS, ISIS, ISIL) militants in Syria, according to a report from BasNews. Iraqi aviation authorities told the airports to close on Sunday evening for 48 hours -- flights are scheduled to resume on […]
Sulaimaniyah opens New Border Crossing with Iran
By John Lee. Shafaaq reports that a new border crossing has been opened between Sulaymaniyah in Iraqi Kurdistan, and Iran. The new crossing at Siran Bin is the third in the province, and connects with the Iranian city of Bana. At the opening ceremony, the governor of Sulaimaniyah predicted that the new crossing will ease […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd Dec 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID991 / $1,037 (+3.9%) (weekly change) (-28.9% and -30.0% YTD change, respectively). The number of week traded shares […]
US Issues New Iraq Travel Warning
The Department of State warns U.S. citizens against all but essential travel to Iraq. Travel within Iraq remains very dangerous given the security situation. The ability of the Embassy to assist U.S. citizens facing difficulty, including arrest, is extremely limited. Private U.S. citizens are strongly discouraged from traveling to Iraq to join in armed conflict. […]
Military Strikes Strike 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 today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and remotely […]
Currency Auction Results, 6th Dec
By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks and 12 remittance companies took part in its currency auction on Sunday. A total of $209,340,000 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
US Praises Iraqi Govt, WFP Food Assistance in Anbar
U.S. Embassy Praises Iraqi Government, World Food Program Food Assistance Distribution in Anbar The U.S. Embassy praised the Government of Iraq and United Nations World Food Program (WFP), who yesterday donated and distributed more than 1000 metric tons of food to 70,000 people in the besieged cities of Haditha and Al Baghdadi in Anbar Province. […]
Video: Iraq's Disabled Struggle to get Treatment
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thousands of people in Iraq have been permanently disabled in the war against ISIL.Many of them are struggling to get the treatment they need.Imran Khan reports from Erbil, as the world marks International […]
Video: Iraq slums - Poverty rates on the rise
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Violence, political instability and a struggling economy have left almost a third of Iraq's population without basic services such as water and sanitation. Al Jazeera's Imtiaz Tyab reports from Baghdad on how people […]
Why Defeating the IS won't bring Stability to Iraq
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s most urgent challenge is to eliminate the Islamic State (IS), but that battle will be just a prelude to myriad conflicts in liberated areas such as Sinjar and Tuz Khormato if the rival […]