UNESCO Condemns Attack on journalist
Axel Plathe, Director of UNESCO Office for Iraq, condemned today the bombing that targeted the house of Iraqi reporter Maytham Al-Shibani in Diwaniyah, calling for more efficient measures to ensure the safety of media professionals in Iraq. “On behalf of UNESCO, I strongly condemn the recent attack that targeted Maytham Al-Shibani, and I call the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th Septemner 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,539 (+1.5%)/ $1,660 (+1.3%) (weekly change) (-17.5% and -16.4% YTD change, respectively). The number of week traded shares […]
Video: Children face 'Education Emergency'
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. School buildings in Iraq are frequently the only ones large enough to shelter the influx of families fleeing the advance of the Islamic State:
Repairing Baiji Refinery to take more than a Year
By John Lee. The KRG's Minister of Natural Resources, Ashti Hawrami, has said repairs to the Baiji refinery will take more than a year, following attacks by militants of the Islamic State in June. According to the report from NINA, he also confirmed that shipment of oil through the pipeline linking Kirkuk and the Turkish […]
Shelter Needs Acute in Northern Iraq
As the UN refugee agency continues a major aid operation for almost half a million displaced people in northern Iraq, pressure on accommodation remains acute. "Many schools are still being used to house the displaced. In addition, there is urgent need to reinforce tents and other housing in preparation for the coming winter," UNHCR spokesman […]
Abadi's Balance Draws Praise
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Abadi's Balance Draws Praise, but Governing Iraq a Tightrope Act Iraq’s Prime Minister-designate Haider al-Abadi has not sought media attention or stirred up political, sectarian and nationalist sensitivities in speeches and statements […]
When Extremists Become Bad Bank Managers
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. Paying For The Caliphate: When Extremists Become Bad Bank Managers In Mosul Up until now, locals in Mosul, the northern city under the control of Sunni Muslim extremists, have not […]
Iraq Sues Shipping Firm for "Illegal" Kurdish Exports
By John Lee. Iraq has taken legal action against Greece’s Marine Management Services (MMS) over its role in the export of crude oil from Iraqi Kurdistan, which Baghdad regards as illegal. The tanker concerned, the Marshall Islands-flagged United Kalavrvta (pictured), is still said to be fully laden off the coast of Texas, carrying $100m worth […]
Kurds Re-start Crude Oil Export to Iran
By John Lee. The Kurdistan Regional Government (KRG) has reportedly resume the export of oil by truck to Iran. Iran closed its border crossings with the KRG for Kurdish crude oil exportation early last month. (Source: BASNEWS)
IBBC Signs MOU with Babylon Investment Commission
By John Lee. The Iraq Britain Business Council (IBBC) has announced that a memorandum of understanding (MoU) has been signed with the Babylon Investment Commission. Mr Alaa Harba, Chairman and Director General of the Commission, and Baroness Nicholson signed the memorandum on 3rd September at the IBBC’s London office. The MoU can be seen here. […]
Saudis Provide Homes to Displaced Families
Funding from Saudi Arabia to the UN will allow UN-Habitat to provide shelter options for internally displaced people, commonly referred to as IDPs, in the Kurdistan region of Iraq. Following the takeover of Mosul by the Islamic State of Iraq and the Levant movement – ISIL – last June and the influx of more than […]
Call to End Sectarian Quotas for some Ministries
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqis Call to End Sectarian Quotas for some Ministries On Aug. 21, intellectuals and trade unionists met in a hotel in central Baghdad for a conference calling on Prime Minister-designate Haider al-Abadi, […]