WHO Mobilizes 510,000 Doses of Cholera Vaccine

Iraq declared an outbreak of cholera on 15 September 2015. The current number of laboratory confirmed cases is 2055. As an integrated part of the current outbreak response strategy oral cholera vaccines (OCV) have been mobilized through the international coordination group based in Geneva. Based on a public health risk assessment, it has been determined […]

US Court Throws Out Kurdish Oil Lawsuit

By John Lee. A court in the United States has dismissed a lawsuit over a disputed cargo of crude oil from Iraqi Kurdistan. The United Kalavyrta [United Kalavrvta, United Kalvrvta] (pictured) spent several months off the coast of Texas after Baghdad tried to have a U.S. court seize the oil. Reuters reports that the case […]

Al-Abadi meets Iran's Minister of Communications

By John Lee. The Iraqi Prime Minister Dr. Haider Al-Abadi received Iran's Minister of Communications, Mr. Mahmoud Vaezi, and his accompanying delegation at his office on Wednesday. During the meeting they reviewed bilateral relations between the two countries and cooperation in the field of communications and ways to strengthen it, in addition to the general […]

Video: Torrential Rain Wreaks Havoc in Iraq

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Torrential rain caused chaos across several parts of Iraq on Thursday, with the water causing thigh-high flooding on some Baghdad streets and damaging camps for the displaced.

Military Airstrikes Target ISIL Terrorists in Iraq

U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in 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. Airstrikes in Iraq Attack, bomber and fighter aircraft […]

"No Houses for the Arabs" in Kurdistan

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. No Houses for the Arabs: Iraqi Kurdish Council's Controversial Ruling About Who Can, and Cannot, Buy Property Tensions between displaced Arabs in Iraqi Kurdistan and local Kurds are growing. Which […]

Genel Sells Interest in Chia Surkh

By John Lee. Genel Energy has announced the sale of a 20 percent participating interest in the Chia Surkh Production Sharing Contract ('PSC') to Petoil Inc. As consideration for the sale of the 20% interest, Petoil will carry Genel's share of the costs associated with the Chia Surkh-12 ('CS-12') appraisal well. The total cost of […]

Asiacell Reactivating Parts of its Network

By John Lee. In its 3Q statement to the markets, Asiacell's owner Ooredoo has said that its overall financial performance was impacted by the security situation in Iraq. Asiacell recorded improved revenue, EBITDA, and Net Profit in Q3 2015 compared to Q2 2015. Asiacell's total customer base stood at 10.6 million at the end of […]

UK's Iraq Inquiry to be Published Next Summer

By John Lee. John Chilcot (pictured), chairman of a long-running British inquiry into the Iraq War, has said he expects to publish the report in June or July 2016. In a letter to Prime Minister David Cameron he said: "My colleagues and I estimate that we will be able to complete the text of our […]

Col. Steve Warren Updates Iraq, Syria Operations

The coalition fighting Islamic State of Iraq and the Levant terrorists in Syria and Iraq has conducted 7,712 airstrikes since operations began, the majority in Iraq, an Operation Inherent Resolve spokesman said today. Army Col. Steve Warren, speaking via teleconference from Baghdad, told reporters at the Pentagon that 5,032 of those airstrikes were in Iraq, […]

Currency Auction Results, 28th Oct

By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of $168,928,205 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

75% of 2016 Draft Budget is for Operational Expenditure

Almost 75 percent of Iraq’s draft budget for 2016 is earmarked for operational expenditure, with 25 percent set aside for investment purposes, a lawmaker has said. He added that more than 6,500 government-sponsored projects are still on hold for a second consecutive year because of falling oil prices. The Iraqi government has already submitted the […]