Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th February 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,939 (-0.5%)/ $2,059 (-0.5%) (weekly change). The number of week traded shares was 7.4bn and the weekly trading […]
FM Meets Iraq/Iran Negotiators
By John Lee. Foreign Minister Hoshyar Zebari met members of the Iraq governmental delegation negotiating with Iran on issues of land and river borders' demarcation and rivers. The delegation composed of representatives from the legal department at the General Secretariat, the Ministries of Water Resources, Transportation, Defense and Foreign Affairs, in addition to Command of […]
3G Licences "at Least $307m Each"
By John Lee. Ahmed Alomary, a former commissioner at the Communications and Media Commission (CMC), told Reuters that Iraq plans to auction third-generation (3G) telecommunications licences for a minimum of $307 million each. Current 2G services are supplied by Zain Iraq (a unit of Kuwait's Zain), Asiacell (a subsidiary of Ooredoo) and Orange affiliate Korek, who […]
Versar Announces Contract Extension
By John Lee. Versar Inc. has announced that the United States Army Corps of Engineers, Middle East District (USACE-TAM) has extended the Company's ongoing Personal Services and Support contract in Iraq by six months. The extension has a ceiling value of $1.5 million and the period of performance runs through August 6, 2014. Versar has […]
New Retirement Law Full of Loopholes
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. On Aug. 31, 2013, Iraqi security forces used force to disperse demonstrations organized by activists and intellectuals in Baghdad and other cities to demand the cancellation of privileges and salaries for MPs […]
Biden Plan Re-Enters US Policy-Making Debate
By Reidar Visser. The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. With Iraqi political turmoil once more making headlines in the United […]
Standard Chartered to Open First Branch in Kurdistan
By John Lee. British-based bank Standard Chartered is to open its first branch in Iraqi Kurdistan early next month, reports Reuters. Chief Executive Officer of Standard Chartered Iraq, Gavin Wishart, told the news agency that the business environment in Kurdistan was "progressive" and described the pace of development as "encouraging". The bank opened its country […]
Oil Crisis Not About Money ...
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. Iraqi Kurdistan vs Baghdad: Oil Crisis Not About Money, its About Independence The announcement by Iraqi Kurdistan that they had started exporting oil to Turkey, despite numerous warnings from […]
National Museum to Reopen
By John Lee. The National Museum of Iraq in Baghdad may reopen in April, having been closed since being partially damaged and ransacked in 2003. Speaking to Anadolu Agency, museum director Qais Rashid said the museum was being rebuilt with cooperation from Italy, adding that the final step of the planned renovation would be the […]
“No One is Safe”, Human Rights Watch
This 105-page report documents abuses of women in detention based on interviews with women and girls, Sunni and Shia, in prison; their families and lawyers; and medical service providers in the prisons at a time of escalating violence involving security forces and armed groups. Human Rights Watch also reviewed court documents and extensive information received […]
Indian University signs MoU with Iraq
By John Lee. India's Desh Bhagat University has signed a memorandum of understanding (MOU) with Iraq. While welcoming the Iraqi delegation, chancellor of the university Zora Singh (pictured) said that the aim of this educational exchange programme was to provide opportunities to the students and faculty of both countries to interact with each other on […]
Private Security Companies in Iraq
By Robert Tollast. Robert Tollast is a consultant at Noorbridge, a Helsinki based consultancy with staff in London and Nasiriyah, Iraq. He has written extensively on security, politics and economic issues in Iraq for various publications, and is currently researching a modern history of Iraq with support from The Middle East Forum. email: [email protected] twitter: […]