UN Report Addresses Yazidi Property Rights
Following the ISIL offensive on Mosul, over 275,000 people from Mount Sinjar area - including a vast majority of Yazidis - were driven out of their homes. Abandoned Yazidi settlements were either systematically demolished or seized by ISIL fighters. Some 6,000 homes are thought to have been destroyed or burned down in the district of […]
US Congress Not Planning Vote to Partition Iraq
The United States has issued a statement denying that it has a plan to partition Iraq: "Recent media reports suggesting that the U.S. Congress will be voting on the partition of Iraq are simply untrue. "The U.S. government has consistently supported and remains committed to the unity of Iraq, and has regularly spoken out against […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th Nov 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID954 / $998 (+2.2%) (weekly change) (-31.5% and -32.6% YTD change, respectively). The number of week traded shares […]
Military Strikes Target 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 Remotely piloted aircraft […]
Currency Auction Results, 30th Nov
By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks and 10 remittance companies took part in its currency auction on Monday. A total of $176,149,550 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Jaafari asks Japan to set up Tech Institute in Basra
Foreign Affairs Minister Dr Ibrahim Al-Jaafari met Mr Shinichi Kitaoka the President of Japan International Cooperation Agency (JICA) specialised in technical cooperation within official development assistance program. This program aims at stimulating the international cooperation, supporting the social and economic development and paying the attention to health, education, technology, communication and information sectors. The minister […]
Norway Boosts Iraq Stabilization Efforts
The Kingdom of Norway and the United Nations Development Programme (UNDP) signed a $1.8 million partnership agreement today to support stabilization in newly liberated areas in Iraq. Norway’s contribution will be channeled through UNDP’s Funding Facility for Immediate Stabilization (FFIS), which finances fast-track initiatives in areas retaken from the Islamic State of Iraq and the […]
How Iraq just Legalized Discrimination against Minorities
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. How Iraq just legalized discrimination of minorities Amid all the suffering they are already subject to, the minorities in Iraq now have to deal with a National Identity Card Law that systematizes infringement on […]
Video: Iraq Faces Orphan Crisis
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Hundreds of Kurdish children in northern Iraq have been orphaned by the fight against ISIL. Their cases are only just being discovered. Aid agencies say the number of orphans could be in the […]
Terex Wins Port Crane Order
Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex ship-to-shore cranes (STS) and three Terex rubber-tyred gantry cranes (RTG). With this order including comprehensive services, TPS and ICTSI, a leading global port operator, are writing the next chapter in the history […]
US Announces $38.7m in New Econ Assistance to Iraq
On November 22-23, Deputy Secretary of State Antony Blinken (pictured) traveled to Iraq to discuss a range of political, security, and economic issues with government officials. While in Baghdad, Deputy Secretary Blinken met with Prime Minister Haider al-Abadi, Speaker of Parliament Salim al-Jabouri, and other senior officials. During his meetings, Deputy Secretary Blinken reaffirmed the […]
Video: MSF helps treat Iraq's Poorest
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A clinic set up by Doctors Without Borders (MSF) in Abu Ghraib, a poor area west of Baghdad, is helping reduce the spread of poverty-related diseases by providing medical services and medication to those […]