Iran Nuclear Deal: Migrants Plan to Leave Iraq
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. Thanks to Nuclear Deal, Iranian Migrant Workers Plan To Leave Iraq The nuclear compromise between Iran and Western powers is a chance to return home and be with our families, […]
Crisis Kills Off Kurdish Media
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. Blank Pages: Financial Crisis Kills Off Iraqi Kurdish Media, Endangers Fourth Estate Before the current financial and security crisis, some of the media in Iraqi Kurdistan had been thriving. Now, […]
World Bank to Help Regions Recaptured from IS
By John Lee. The World Bank is seeking to finance development projects in areas recaptured from Islamic State (IS, ISIS, ISIL) militants, according to a report from Reuters. Regional vice president Hafez Ghanem (pictured) told the news agency he would also meet with Iraqi officials to discuss ways to help the government tackle its budget […]
UNESCO opens New School for IDPs
UNESCO and its partners celebrated with students and teachers the opening of the newly constructed Migrant Birds Intermediate School for internally displaced persons at Al-Souq Al Asry Camp in Basrah, Iraq. The opening of the school in Al Souq Al Asry camp shortly follows the opening of the Baharka Secondary School and the Dawodiyah Secondary […]
Teenage Fanclub: Mosul Extremists Recruit Youths
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. Teenage Fanclub: In Mosul Extremists Ramp Up Under-20s Recruitment One of the latest inventions by the Islamic State in Mosul is the mobile pulpit. Most recently a caravan for propaganda […]
Bahraini Firms Investing Heavily in Iraq
By John Lee. Bahraini businesses are investing heavily in Iraq, according to a report from Gulf Daily News (GDN). The country's Ambassador to Iraq, Salah Al Malki [Salah Hassan Al-Maliki] (pictured), told GDN: "In recent years, due to an influx of pilgrims going to Iraq, we have seen a surge in the number of Bahraini […]
EU Warns of Donor Fatigue
By John Lee. Jean-Louis de Brouwer, head of the European Union's humanitarian aid department, warned on Thursday that the situation in Iraq is deteriorating rapidly, while the world is preoccupied with crises elsewhere. He told The Associated Press that the number of displaced people in Iraq has quadrupled in the past year and shows no […]
Water-from-Air Systems Installed
Atmospheric Water Solutions (AWS) has shipped and successfully installed two commercial Aquaboy 300’s in Northern Iraq. With both machines combined, they will produce up to 600 gallons of pure drinkable water from the air per day. Cedric Turlan, information officer for the NGOs Coordination Committee in Iraq (NCCI), said: “The water shortage is a real […]
Iraq Oil Exports Hit Record
By John Lee. Iraq's oil exports hit a record 3.08 million bpd in April, according to Reuters, up from 2.98 mln bpd in the previous month, Exports from the southern terminals reached 2.627 million bpd, while exports from the north via the Kurdistan pipeline were 450,000 bpd. At an average price of $51.70 per barrel, […]
Iraq Seeks Credit Rating before Bond Issue
By John Lee. Reuters reports that Iraq is approaching credit rating agencies to obtain a sovereign credit rating as it prepares for its first international bond sale for nine years. Finance Minister Hoshiyar Zebari (pictured) told the news agency: "We started the process ... The banks are also trying to help us in that direction.” […]
US Think Tank: Kurds Could Replace Turkey as Ally
The Washington DC-based think tank the Bipartisan Policy Centre (BPC) says the United States must look for a new reliable strategic partner such as the Kurds, to replace Turkey, as Turkey is no longer a dependable ally. According to the BPC, Turkey has failed to secure the length of its 560 mile with Syria against the […]
Auchan Hypermarket Closes
By John Lee. The French retailer Groupe Auchan has announced that its hypermarket in Erbil has closed down. The company described the closure as a "non-anticipated decision ... by the SI Retail shareholders, the English-law firm managing locally the hypermarket, due to the difficult situation encountered in the country." SI Retail signed an Auchan franchise […]