Internal Displacement in Iraq Passes 2.8m
Iraq’s new Displacement Tracking Matrix (DTM) published this week recorded 2,834,676 internally displaced Iraqis from January 2014 through 25 April2015. The majority of the new displacement identified in the two-week period was caused by conflict in the Ramadi area of Anbar governorate. Following the outbreak of the Ramadi crisis, which occurred around 10 April, DTM […]
Former CEO Sentenced, Fined for Fraud
By John Lee. The former president, chief executive officer, and chairman of the board of a New Jersey-based international engineering consulting company has been sentenced to 12 months of home confinement and fined $4.5 million for conspiring to defraud the U.S. Agency for International Development (USAID) with respect to billions of dollars in contracts over […]
IBN Interview: Doing Business in Iraq
Iraq Business News (IBN) recently interviewed Colin Findlay, General Manager of Severn Valve Solutions and Executive Director of the Severn Glocon Group of companies, about doing business in Iraq. IBN: Can you tell us a little about your business in Iraq? Colin Findlay: Severn Valve Solutions was formed in 2012 and has quickly become the […]
Iraq's Evolving Tax Landscape
By Imtiaz Ahmad. Over the last seven to eight years, Iraq remained very attractive for international investment especially in the oil and gas sector. Almost all major international oil companies (IOCs) invested, either individually or in partnership with others. By contrast, Iraq showed slow progress in setting out proper petroleum and tax policy for existing […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 7th May 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,168 / $1,161 (+3.8%) (weekly change) ) (-16.2% and -21.6% YTD change, respectively). The number of week traded […]
Medair Provides Health Support in Wana
This week, emergency relief organisation Medair is distributing essential health and hygiene items to more than 7,000 people in Wana, northern Iraq. More than 1,400 families have returned to Wana since it was liberated from militants in February, and people are in urgent need of health and hygiene support. Many arrived home to find their […]
Video: The Perilous Life of Journalists in Iraq
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Since the US-led invasion in 2003, Iraq has been one of the deadliest countries in the world for journalists. According to figures from the Committee to Protect Journalists, at least 200 media workers […]
Insitu in $11m Iraq Deal
By John Lee. Insitu Inc., Bingen, Washington, has been awarded a $10,919,060 firm-fixed-price delivery order against a previously issued basic ordering agreement for the procurement of site activation services, and field service representative personnel to perform site lead, pilot/operator, and maintenance personnel duties to support intelligence, surveillance, and reconnaissance services program and force protection services […]
IOM Aids Construction IDP Camp
Over 500 families have moved into the newly opened Shekhan camp for internally displaced people (IDPs) in northern Iraq over the past week and hundreds more will move in in the coming days. The camp has been constructed by a consortium of humanitarian partners with the support of multiple donors and will eventually provide shelter […]
Revitalizing Ports, Airports in the Shadow of IS
By Shukur Khilkhal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The war against terrorism and a decrease in oil prices resulted in Iraq running a deficit in its 2015 budget. This has been accompanied by tensions in Iraq and neighboring countries […]
US Draft Law Causes Upset in Baghdad
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 Minding Their Own Business: US Draft Law Causes First Major Political Upset In Baghdad's New Govt A recent piece of proposed legislation sponsored by US Republicans has caused some […]
Results of Survey on Water Usage
UNICEF Announces the Results of the Family Survey on Water Usage The UNICEF Iraq WASH programme, in cooperation with the Administration Institute/Ressafa –the Technical College, with support from the European Union, organized a conference at the Administration Institute/Ressafa to announce the final results of thepilot family survey on water usage. The survey was conducted by […]