World Bank, KRG Partner to Promote Equity
The World Bank Group and the Kurdistan Regional Government (KRG)-Iraq, have launched a social protection program of support to promote equity in living standards and reduce vulnerability. The program is aligned with the government’s efforts to develop a comprehensive social protection system and contributes to the goals of KRGs Vision 2020 of “freedom, health, welfare, […]
Kurdish Peshmerga, IS Reach Stalemate
By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. "How are the skies?" a gruff voice asks in Iraqi Arabic dialect. "The skies are clear," is the reply, after a crackle of static on the walkie-talkie through which a Kurdish major is listening to […]
More Lives in Jeopardy as Fighting Expands
As a result of the recent widening of the conflict in Iraq, many more people – numbering in the hundreds of thousands – have been affected. The provinces of Al-Anbar, Ninawa, Salah al-Din, Diyala, and Kirkuk have been under heavy attack, driving more people to abandon their homes to seek shelter in safer areas. This […]
Japanese Companies Discuss Iraq Opportunities
By John Lee. Oil Minister Dr. Adel Abdul Mahdi [Adel Abdel Mehdi] met recently with a delegation representing the Japanese ministry of commerce and industry, headed by Mr. Shozo Takada. Also in attendance were representatives from the Japanese companies Mitsito, Hitachi, Mitsubishi Heavy Industries and Tio Engineering. Discussions concentrated on the development of commercial, economic, […]
UK Hails Courage of Peshmerga
In the context of his visit to Britain, Minister Falah Mustafa, the Head of KRG Foreign Relations met with Tobias Ellwood, Middle East Minister at the Foreign Office, and during their meeting both sides discussed the current situation in the Kurdistan Region and Iraq and the threats of the terrorist organization of Daesh. The Head […]
Flurry of IS Attacks Divert Army's Attention
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Contradiction prevails in official announcements regarding the course of the battles against the Islamic State (IS) and the group's movements on the ground. When Iraqis were expecting a Mosul liberation battle, IS rushed to send […]
Iraq's Corruption Continues Unchecked
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. An Iraqi contractor who works on road pavement and sewage projects in the Iraqi capital told Al-Monitor, “Government officials as well as senior contractors related to them have stakes in most, if not all, of […]
GKP Confirms Latest Shaikan Payment
By John Lee. Following yesterday's gain of 55 percent on the announcement of a possible takeover, shares in Gulf Keystone Petroleum (GKP) were down 7 percent on Thursday morning. The company has confirmed receipt into its bank account of a further US$26 million [30 billion Iraqi dinars] gross payment (US$20.8 million net to Gulf Keystone) constituting […]
Abadi "Tried to Block Turkey/KRG Deal"
By John Lee. BasNews reports that Iraqi Prime Minister Haidar al-Abadi secretly tried to block the Turkish government's deal to lend $500 million [583 billion Iraqi dinars] to the Kurdistan Regional Government (KRG). According to sources, Abadi made the request to Turkish President Recep Tayyip Erdoğan in a telephone call. A later request to Turkish […]
Iraqi Airways Launches Armenian Route
By John Lee. Iraqi Airways will commence its Baghdad-Yerevan-Erbil flights today, Thursday 26th February. Flights to Armenia will run twice a week on Thursdays and Sundays, using CRJ900 and Boeing 737 aircraft. (Source: PanARMENIAN.Net)
Video: ISIL Supply Line Cut
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Hassakeh province borders territory controlled by ISIL across the border in northwestern Iraq. An important supply line that ISIL use to move from its so called capital runs through there. Al Jazeera's Zeina […]
International Women’s Day Event in Iraq: Present Reality, Future Hope
Nina Magazine is delighted to be playing a pivotal role in Iraq’s International Women’s Day Celebrations on 7-8th March as media partner. Hosted in the Grand Millennium Hotel in Suleimania, over 300 delegates from across Iraq and internationally are expected to enjoy two days of knowledge-share and Kurdish hospitality. Each year International Women's Day (IWD) […]