Yazidis appeal for Funds to Rebuild Sinjar
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Yazidis appeal to Baghdad for funds to rebuild their native Sinjar Iraq's Yazidi groups are pleasing for more financial assistance to rebuild Sinjar, which was decimated by the […]
The Fate of Iraq-US Relations under PM Sudani
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The fate of Iraq-US relations under PM Sudani Caught at the intersection of geopolitics and the goals of his domestic allies, Iraqi Prime Minister Muhammad Shia' Al-Sudani is in a difficult position. The […]
Iraq Gas Debts to be Collected "in Different Ways"
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran's oil sales are 'favorable' the country's oil minister said, adding that Iraq's gas debts to Iran will be collected in different ways. Javad Owji made the remarks while […]
Blunting the Militia Campaign Against Iraq's Christian Leaders
By Yaqoub Beth-Addai and Michael Knights for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Blunting the Militia Campaign Against Iraq's Christian Leaders A U.S.-sanctioned, Iran-backed militia leader aims to sideline the country's Chaldean Patriarch and take […]
Iraqi Dinar falls 17% against US Dollar
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi dinar falls 17% against dollar amid US restrictions over Iran deals The current depreciation follows 14 Iraqi banks being barred from using the dollar amid a crackdown on […]
The Baghdad Job: Who was behind History's Biggest Bank Heist?
By Nicolas Pelham, for The Economist. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Baghdad job: who was behind history's biggest bank heist? Criminals stole $2.5 billion from Iraq's largest state bank in broad daylight. Nicolas Pelham follows their trail. Read the […]
Erbil Logistics Firm joins Project Cargo Network
By John Lee. Erbil-based freight forwarding and customs clearance company Almas Group Logistics has joined the Project Cargo Network (PCN). Established in 2009, the company has three offices in Erbil, Baghdad and Sulaymaniyah. PCN provides access to a global network of agents who can handle shipments; it comprises more than 350 companies in 125 countries. […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th July 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,121.7 0.7% 23.2% RSISX USD Index 1,103.0 […]
Depreciation of Iraqi Dinar sparks Protests
By John Lee. Dozens of people have reportedly protested in front of the offices of the Central Bank of Iraq (CBI) in Baghdad following a fall in value of the Iraqi Dinar (IQD) against the US dollar. Over the previous two days, the dollar is said to have risen from 1,470 dinars to 1,570 dinars. […]
Iraq Britain Business Council (IBBC) welcomes New Member
By John Lee. Defaf Al Khaleej Security Services (DAK) has joined the Iraq Britain Business Council (IBBC). Mr Rafid Al Jasim, Chairman of Defaf Al Khaleej Security Services (DAK), expressed his enthusiasm about the partnership, stating: "We are truly delighted to become a part of the esteemed Iraq British Business Council (IBBC). We truly value […]
Iraqi Airlines to Auction Saddam Hussein's 747
By John Lee. Iraqi Airways has announced that it will conduct a public auction for the sale of two Boeing 747 aircraft, which are parked at Tozeur-Nefta Airport in Tunisia. Both Pratt and Whitney-engined planes were made in 1982, and have been parked at the airport since 1991. It is understood that both planes were […]
Iraq Finalises Oil Export Data for June
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for June: Total exports of crude oil: 100,059,052 barrels Revenues from crude oil exports: $7.179760 billion Oil fields in central and southern Iraq accounted for 98,725,620 barrels of crude oil exports. Exports from Kirkuk through the port of Ceyhan have been suspended. Oil […]