Iraq Seeks Helicopters from UK
By John Lee. The Iraqi Federal Government is reportedly looking to purchase helicopters and military equipment, including de-mining devices, from the UK. The Minister of Interior, Mohammed al-Ghabban, met with the British Ambassador to Iraq, Frank Baker, to discuss the security situation in the country and the latest developments in the fight against the Islamic […]
Airstrikes Target Terrorists
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, which took place approximately between 8 a.m. Saturday and 8 a.m. Sunday, local time, noting that assessments of […]
Kurdish Independence "would Help Defeat IS"
By Amberin Zaman for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Masrour Barzani: Kurdish independence would help defeat IS The war against the Islamic State (IS) is continuing full force in Iraq and Syria. And Kurds from both countries remain the most effective […]
New Political System would Open Door to Maliki
By Ibrahim Saleh. 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. Changing The System: Call For New Political System Opens Back Door to Iraq's Unpopular Former PM There have been calls to move Iraq from a parliamentary political […]
Currency Auction Results, 6th July
By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks and 4 remittance companies took part in its currency auction on Monday. A total of $94,455,000 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Lockheed Awarded $8m C-130 Contract
By John Lee. Lockheed Martin Integrated Systems has been awarded a $7,957,813 cost-reimbursement contract for Iraq C-130E/J aircraft sustainment. The company will provide in-country sustainment for the Iraq C-130E/J aircraft. The work will be performed at Baghdad, Iraq, and is expected to be complete by June 30, 2017. (Source: US Dept of Defense)
New Units Step Toward Reforming Peshmerga
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Dildar Namiq, 24, is eagerly running up and down a flight of stairs in a two-story office, trying to complete paperwork to join Iraqi Kurdistan's armed forces, known as the […]
Kidneys For Sale in Refugee Camps
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. Kidneys For Sale in Kurdish Camps: Increase In Iraq's Displaced Leads to Increase in Human Trafficking Authorities in Iraqi Kurdistan suspect that displaced people are selling their kidneys to feed […]
Video: Iraq Christians train to Recapture Homes
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. With wooden crosses around their necks and others tattooed on their arms, several dozen Iraqi Christians are training to recapture their homes overrun by the Islamic State jihadist group.
World Bank to Lend Iraq $1.7bn
By John Lee. The World Bank had reportedly agreed to lend Iraq $1.7 billion (2.0 trillion Iraqi dinars) to help meet its budget deficit. $1 billion of the amount will be a Development Policy Loan (DPL), with a further $350 million allocated to reconstruction and restoring stability to areas liberated from the Islamic State (IS, […]
KRG Slashes Oil Transfers to SOMO
By John Lee. The Kurdistan Region of Iraq has slashed its transfers of oil to the State Oil Marketing Organization (SOMO). According to the monthly report issued by the KRG's Ministry of Natural Resources, the region supplied SOMO in Ceyhan with 149,778 barrels per day (bpd) in June, a drop of almost two thirds from […]
Hatra Added to List of World Heritage in Danger
The World Heritage site of Hatra has been inscribed on the List of World Heritage in Danger due to damage inflicted to the property by armed groups. During debates today, many World Heritage Committee members voiced concern about the state of Iraqi heritage following acts of intentional destruction. They also declared their willingness to help […]