Are US and Iran-Backed Militias Getting Friendlier?
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. Attitude Adjustment: Are the US and Iran-Backed Militias Getting Friendlier? Last week Captain Amir al-Saadi, whose unit is based in the Habbaniyah camp in the Anbar province, received a phone […]
Currency Auction Results, 19th June
By John Lee. The Central Bank of Iraq (CBI) has reported that 22 banks and 2 remittance companies took part in its currency auction on Thursday. A total of $203,545,125 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Korean Court Rejects Claim of KRG Bribery
The KRG's Ministry of Natural Resources (MNR) notes the decision by the Seoul Western District Court in Korea to grant an application from the Korean National Oil Company (KNOC) ordering the Korea Times newspaper to delete all published articles relating to allegations by a Korean MP of a misuse of funds by the KRG and […]
ISIL Tactical Losses Continue
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 between 8 a.m. Tuesday and 8 a.m. Wednesday, local time, noting that assessments of results […]
PM Barzani meets Egyptian Ambassador
Kurdistan Regional Government Prime Minister Nechirvan Barzani on Tuesday received the Egyptian Ambassador to Iraq, Mr. Ahmad Hassan Darwish, and his accompanying delegation. Ambassador Darwish highlighted historical relations between Kurdistan and the Egyptian people, hoping to expand those relations particularly in the economic fields of trade and investment. He pointed out that Egyptian investors are […]
Iraqis Demand Better Security for Pilgrims
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On May 15, the Shiite Endowment issued a statement that in one week, around 12 million Shiite visitors flew to Baghdad’s Kadhimiya district to commemorate the death of Imam Musa al-Kadhim, who died in […]
Currency Auction Results, 17th June
By John Lee. The Central Bank of Iraq (CBI) has reported that 22 banks and 4 remittance companies took part in its currency auction on Wednesday. A total of $257,651,600 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
Renault Trucks Signs Iraq Distributor
Renault Trucks has signed up Iraq’s Sunflower General Trading Company as the sole distributor for the French truck manufacturer in Iraq, excluding Kurdistan. Sunflower General Trading Company is one of the main business partners of the State Company for Automotive Industry (SCAI), and truck distributors in Iraq. The partnership will allow Sunflower to expand its […]
Air Energi Wins New Contract with BP Iraq
Air Energi has been awarded its first major contract with BP Iraq. The five year agreement will see Air Energi deliver talent acquisition services to support BP Iraq’s operations in the Middle East. The agreement includes the supply of expatriate talent to support Iraq’s giant Rumaila and Kirkuk oil fields. With estimated recoverable reserves of […]
University of Koya Teams up with US Uni
A fifth cooperative agreement has been signed between the University of Arkansas at Fayetteville and an Iraqi university. The agreement with the University of Koya, in Iraq's Kurdistan region, calls for an exchange of research materials and encourages visits from one institution to the other. In May, UA spokesman Amanda Cantu said no UA students […]
Airstrikes Hit ISIL in 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. Officials reported details of the latest strikes, which took place between 8 a.m. Monday and 8 a.m. Tuesday, local time, noting that assessments of results […]
Currency Auction Results, 16th June
By John Lee. The Central Bank of Iraq (CBI) has reported that 24 banks and 4 remittance companies took part in its currency auction on Tuesday. A total of $234,961,582 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)