YOU are the Hope for Vulnerable Iraqi Children
YOU are the hope for some of the world's most vulnerable children From our friends Ali Allawi and Shirin Rahimi, a special invitation for November 11: "Join us at the Hope For Humanity Fundraiser event benefiting the refugee crisis for an evening with internationally renowned music composer and player Ramy Adly, on November 11, 2015, 6:30 […]
World Leaders Condemn Attack on Refugee Camp
By John Lee. The United Nations Secretary-General has condemned the attack last week on Camp Hurriya (Camp Liberty), near the Baghdad International Airport, which left at least 26 residents dead and many more wounded. The attack reportedly also caused casualties among the Iraqi Security Forces in the vicinity of the Camp. The Secretary-General called on […]
Airstrikes Continue Against ISIL Targets 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 in releases at the weekend. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria […]
More than 700 Iraqis Killed in Oct
According to casualty figures released today by UNAMI, a total of 714 Iraqis were killed and another 1,269 were injured in acts of terrorism, violence and armed conflict in October 2015*. The number of civilians killed was 559 (including 25 civilian police), and the number of civilians injured was 1,067 (including 43 civilian police). A […]
Currency Auction Results, 1st Nov
By John Lee. The Central Bank of Iraq (CBI) has reported that 21 banks and 15 remittance companies took part in its currency auction on Sunday. A total of $161,766,580 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
When Conflict Arises, these Iraqis go to the Madeef
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. “Madeef” is an Arabic word used when referring to a place dedicated to receiving guests. In Iraq, this word has a specific social meaning; it is a place where tribe members, leaders and sheikhs […]
Kuwait Defers Final War Reparation Payment
By John Lee. Finance Minister Hoshiyar Zebari (pictured) has said that Kuwait has postponed the final instalment of reparations for Iraq's 1990-91 occupation until 2017. The move, requested by Iraq, will help alleviate the cash crisis in Baghdad caused by lower oil prices and war with the Islamic State group (IS, ISIS, ISIL). According to Reuters, […]
Is Abadi Key to Resolving Kurdish Conflict?
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A weak and divided Baghdad has been unable to play an effective role in solving the various central administration-related crises in Iraq, such as the Iraqi Kurdistan crisis. The opposition is accusing Iraqi Kurdistan […]
Iraq's Yazidi Women Learn to Defend Themselves
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. Not Just Boys and Make Up: Iraq's Yazidi Women Learn to Defend Themselves, Change Culture, One Girl At a Time A special military unit of Yazidi women in northern Iraq […]
ALE Wins Lifting Contract at Zubair
By John Lee. UK-based heavy transport and installation contractor ALE has been awarded the DGS Zubair Oil Field Project. The project scope comprises heavy haulage, engineering and installation services. The DGS project has already commenced and ALE has received several shipments at Umm Qasr Port. A number of cranes, with a capacity ranging from 200t to […]
Cheap Imports Mean “Made In Iraq” Is Disappearing
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. The End of An Industrial Era: Cheap Imports Mean “Made In Iraq” Is Disappearing Almost half of Basra's smaller manufacturers have closed in the face of a market flooded with […]
Iraq Falls in Ease of Doing Business index
By John Lee. Iraq has been ranked 161th out of 189 countries in the World Bank‘s recent Doing Business 2016 report, down from 156th place the previous year. Top of the list were Singapore, New Zealand and Denmark, with last place going to Eritrea, just behind Libya and South Sudan. The pace of business regulatory […]