New Iraqi Housing Schemes open for Investment
By John Lee. Iraq's National Investment Commission (NIC) has included three major new housing programs in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: A. First phase / building 25,000 housing units in each province for […]
UK Confirms Support for Iraq
By John Lee. Prime Minister Haider Al-Abadi received a phone call from British Foreign Minister Boris Johnson on Tuesday evening, during which they discussed strengthening collaboration between their two countries, and Iraq's Rebuilding Conference which is to be held soon in Kuwait. According to a statement from the Prime Minister's office, Mr. Johnson confirmed the […]
Video: Book Culture Returns to Mosul
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Literary cafes, poetry readings and pavement bookstalls -- Mosul's cultural scene is back in business, months after Iraqi forces ousted the Islamic State group from the city following three years of jihadist rule. View […]
IFJ warns about Media Freedom Violations in Kurdistan
The International Federation of Journalists (IFJ) has denounced the multiple media freedom violations in the Iraqi Kurdistan region documented in a new report by IFJ affiliate the Kurdistan Journalists Syndicate. The 2017 annual report of media freedom violations, published by the KJS’ Committee for the Defense of Press Freedom & Rights of Journalists, reveals that […]
Coalition Aviation Advisory and Training Team established in Iraq
U.S. Air Forces Central Command, in coordination with Combined Joint Task Force – Operation Inherent Resolve, stood up a Coalition Aviation Advisory and Training Team in Iraq Feb. 1. This standup will help to develop an Iraqi aviation enterprise capable of safeguarding the country from ISIS and its affiliates. The CAATT, in partnership with the […]
Jordan approves deal with Iraq on Oil, Gas Pipeline
By John Lee. Jordan has reportedly approved an agreement with Iraq to build a twin gas and oil pipeline between the two countries. The 1,680-km double pipeline will pump one million barrels of oil a day, and 258 million cubic feet of gas, from Basra to Aqaba. About 150,000 barrels of the oil from Iraq […]
Denmark Contributes $21.4m for Stabilization in Iraq
Denmark has contributed an additional US$ 21.4 million (DKK 135 million) to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives to stabilize areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings Denmark’s total contribution since 2015 to US$ 38.1 million (DKK 246 million). UNDP Resident Representative for Iraq, […]
Coalition Announces Shift in Focus as Iraq Campaign Progresses
Enabled by accelerated successes following the liberation of Mosul, the coalition will shift its focus in Iraq from enabling combat operations to sustaining military gains against the Islamic State of Iraq and Syria, Combined Joint Task Force Operation Inherent Resolve officials announced today. “The coalition will tailor our forces in consultation with our Iraqi partners […]
Corruption Probes: Iraq takes Custody of Officials
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq is boosting its efforts to extradite fugitives wanted in corruption cases. On Jan. 25, Iraqi authorities in cooperation with Interpol took custody of former Trade Minister Abdel […]
Conserving Iran and Iraq’s Wetlands
There’s growing awareness in the Islamic Republic of Iran that wetlands are valuable and sustain livelihoods. Ramsar, “the gem of northern Iran”, is the town that gives its name to the Ramsar Convention. The Convention is an intergovernmental treaty that provides the framework for national action and international cooperation for the conservation and wise use […]
Four Special Economic Zones open for Investment
By John Lee. Iraq's National Investment Commission (NIC) has included four Special Economic Zones in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Huteen zone/ Babylon Province for medium & heavy engineering manufacturing. Huteen is located […]
Iraqi Stock Market Jumps 11%
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st Feb 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD876 (+10.8%) / $912 (+11.0%) (weekly change) (+8.0% and +9.1% YTD change, respectively). The number of week traded […]