Experts discuss Future of Iraq’s Economy at IBBC Retreat
The Iraq Britain Business Council (IBBC) held its annual weekend retreat on 7-9 July at Cumberland Lodge, Windsor Park, a venue dedicated to the advancement of international societal issues through constructive dialogue. Around 60 IBBC Members and guest speakers attended this unique event to discuss pressing issues on the future of Iraq’s economy, prospects and […]
Bell Helicopter wins $22m Contract Extension
Bell Helicopter Textron has been awarded a $22,050,000 modification to foreign military sales (Iraq) contract W58RGZ-15-C-0070 for one additional year of contractor logistics support (CLS) and adding Iraq's Bell 407GX helicopters to the fleet being covered by that CLS, as well as procuring 407GX spare parts for repair efforts to those aircraft. Work will be […]
Iranian University to Open Branches in Iraq
Iran's Islamic Azad University (IAU) seeks to boost cooperation with the neighboring countries and allies, a senior official at the 35-year-old organization said, unveiling plans for opening new branches in Iraq and Lebanon. Head of the Founding Council and Board of Trustees of the Islamic Azad University Ali Akbar Velayati said on Tuesday that his […]
Recapture of Mosul an Historic Victory, Townsend Says
The global coalition fighting the Islamic State of Iraq and Syria has offered its congratulations to Iraq’s Prime Minister Haider al-Abadi and the Iraqi security forces on their historic victory against an evil enemy, the commander of Combined Joint Task Force Operation Inherent Resolve told Pentagon reporters today. Iraq declared Mosul’s liberation yesterday, Army Lt. […]
Inherent Resolve Strikes Target ISIS in Syria, Iraq
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting 23 strikes consisting of 69 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, coalition […]
Video: Destruction in Mosul's Old City
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi Prime Minister Haider al-Abadi declared victory in the "liberated" city of Mosul on Sunday, his office said, in the biggest defeat yet for the Islamic State group:
Kurdistan Referendum puts Iran at Crossroads
By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As Iraqi Kurds try to iron out internal differences ahead of their referendum on independence in September, Turkey, Iraq and Iran have all announced their opposition, questioning the timing and fearing the implications of such […]
PM Abadi declares Victory in Mosul
Iraqi Prime Minister Haider al-Abadi visited Mosul on July 9, hailing his forces for securing ‘victory’ over IS. Abadi’s office said he was visiting ‘liberated’ Mosul to congratulate Iraq’s ‘heroic fighters’ but the premier later indicated he would only declare final victory once final few pockets of resistance were cleared. His office said Abadi met […]
GardaWorld Weekly Security Report
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Iraq Drills first Well in Huwaiza Oil Field
By John Lee. The Ministry of Oil announced on Sunday that it has started drilling the first well in the Huwaiza [Huweiza] oil field near the Iranian border, in Maysan [Missan] governorate. The field is being developed by Missan Oil Company (MOC), with drilling being carried out by the Iraqi Drilling Company (IDC). Geological studies […]
DNO Spuds Third Peshkabir Well; Resumes Field Appraisal
DNO, the Norwegian oil and gas operator, today announced resumption of appraisal drilling at the Peshkabir discovery on the Tawke license in the Kurdistan region of Iraq following extended testing of the Cretaceous and Jurassic reservoirs in the Peshkabir-2 well. The Company spud the Peshkabir-3 well on 8 July as part of a fast track […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th July 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD805 (-0.9%) / $826 (-1.6%) (weekly change) (-16.2% and -12.8% YTD change, respectively). The number of week traded […]