Strikes Continue in Effort to Defeat ISIS
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Monday, conducting 35 strikes consisting of 42 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
Investment and Reconstruction Cmte - First Meeting
Prime Minister Dr. Haider Al-Abadi has presided over the first meeting of the Higher Committee for Investment and Reconstruction. The Higher Committee for Investment and Reconstruction has held its first meeting under the chairmanship of the Prime Minister Dr. Haider Al-Abbadi, in the presence of all members of the Committee. Dr. Abadi stressed during the […]
Hexagon Composites Awarded Major New Order in Iraq
Hexagon Composites' subsidiary Hexagon Ragasco has received a new major order for LPG cylinders from Gas Filling Company (GFC) at a total value of around USD 15 million (approximately NOK 120 million). Deliveries are scheduled to commence in fourth quarter of 2017 and continue through first quarter of 2018. With this order, Iraq is expanding […]
AISSOT to start Bunkering Operations at Iraqi Ports
By John Lee. Al-Iraqia Shipping Services & Oil Trading (AISSOT) has announced it will start bunkering operations at several Iraqi ports, with a focus on Basra, Khor Al-Zubair and Umm Qasr. According to a report from Ship and Bunker, the company -- a joint-venture company of Iraqi Oil Tankers Company (IOTC) and Arab Maritime Petroleum […]
3 Years On, 5 Million are Free from IS Terrorists
Tuesday marks the third anniversary of the U.S.-led coalition air campaign against the Islamic State of Iraq and Syria, during which millions of people have been freed from ISIS control, Pentagon spokesman Navy Capt. Jeff Davis said today. Briefing the Pentagon press corps, Davis said the air campaign was a response to a terrorist army […]
Latest Strikes Against ISIS in Syria and Iraq
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Sunday, conducting 34 strikes consisting of 40 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
Stock Market Review for July: Foreigners Selling, Locals Buying
By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The equity market, as measured by the RSISUSD index was down -4.4% for the month, recovering from lows of -10.0%, on further declining turnover. […]
$191m Japanese Financing for Power Plant
On August 5, the Japan International Cooperation Agency (JICA) under the Government of Japan signed a loan agreement with the Government of the Republic of Iraq in Baghdad to provide a Japanese ODA loan of up to 21.556 billion yen (equivalent to approximately USD 191 million[1]) for the Hartha Thermal Power Station Rehabilitation Project (Phase […]
Reconstruction a Priority in Coming 5-Yr Plan
The Iraqi-Czech Economic Forum was held in Baghdad on Sunday, 30.07.17 according to the invitation forwarded by the Iraqi deputy speaker of Parliament, Dr. Humam Hamoodi and with the attendance of public and private sectors representatives of the two sides. The conference started with a welcome speech by Dr. Sami AL- Araji, Chairman of the […]
Children Prepared for Flood Emergencies
UNDP and UNICEF to promote emergency preparedness amongst children in Iraq The United Nations Development Programme (UNDP) and the United Nations Children’s Fund (UNICEF) are joining efforts to conduct child-centric advocacy and promote school-based preparedness along the Tigris River flood path in Iraq. The two sister agencies signed a partnership agreement in this regard in […]
Flagship Agreement to Promote Reconciliation at Community Level
The United Nations Development Programme (UNDP) and the Implementation and Follow Up National Reconciliation Committee (IFNRC) of the Office of Iraq’s Prime Minister signed, in Baghdad, a flagship partnership agreement to promote civic and community-based reconciliation in Iraq. Through the partnership, UNDP will promote and support local peace committees and will help communities to collect […]
Crime Wave Targets Baghdad Doctors
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. Crime Wave Targets Baghdad Doctors, Whose Only Choice Is To Emigrate Last week, unknown assailants broke into the medical clinic of Iraqi doctor, Salim Abdul-Hamzah, in the Maamel neighbourhood of […]