FDI and Legal Compliance in Iraq's Oil Industry
By Shwan Rahman. The Impact of Foreign Direct Investment on Legal Compliance in the Iraqi Oil and Gas Industry This study seeks to ascertain the causal link between the inflow of Foreign Direct Investment (FDI) and compliance with international law standards. The reasons why various Iraqi governments since 1958 have been very reluctant to open […]
Airstrikes Continue Against ISIL Forces
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. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Fighter and remotely piloted aircraft […]
Video: Lack of Funding Affects Students
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Soaring temperatures and inadequate resources do little to discourage Iraq's internally displaced students from quitting school. Al Jazeera's Mohammed Jamjoom reports from the outskirts of Baghdad:
Currency Auction Results, 18th Aug
By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks and 5 remittance companies took part in its currency auction on Tuesday. A total of $241,038,417 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Abadi Slashes Cabinet Positions
By John Lee. As part of his recently-announced reform programme, Prime Minister Haider al-Abadi has ordered the immediate reduction in the number of ministers from 33 to 22: In a statement on Sunday, the Prime Minister said that he has: Abolished the posts of Deputy Prime Minister. Abolished the following ministerial positions: Ministry of Human […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th Aug 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,27 (-1.0%) / $1,315 (-0.1%) (weekly change) (-9.8% and -11.2% YTD change, respectively). The number of week traded […]
KRG Presidential Term Extended
By John Lee. The highest judicial authority in Iraqi Kurdistan has reportedly extended the term of KRG President Massoud Barzani (pictured) for two more years. The Judicial Council of the Kurdistan Region said that Barzani will remain in his post until the 2017 KRG general election. According to the report from BasNews, Kurdish political parties […]
Refugee Numbers Climb Past 3.1 Million
The IOM Iraq Displacement Tracking Matrix (DTM), published this week, identified 3,171,606 internally displaced Iraqis (528,601 families) from January 2014 through 30 July 2015. Based on the available information and the DTM methodology, the UN Humanitarian Country Team has now revised its planning figures for the humanitarian response to 3.2 million internally displaced persons (IDPs). […]
Coalition Continues Strikes Against ISIL
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. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Attack, bomber, fighter and remotely […]
Currency Auction Results, 17th Aug
By John Lee. The Central Bank of Iraq (CBI) has reported that 25 banks and 6 remittance companies took part in its currency auction on Monday. A total of $250,535,253 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Iraqi Dates Shrivel Awaiting Processing
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. The Arabian Peninsula, which includes part of southern Iraq, was once known for having the most palm trees in the world. The documented panoply of dates comes from 600 types of palm trees, out […]
Russian Landmarks Disappearing 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. Russian Landmarks Disappearing: In Iraqi Kurdistan, The End of an Era For Soviet-Made Road Warriors The Iraqi city of Kalar, south of Sulaymaniyah, has an odd nickname: “the Moscow of […]