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 Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th June 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD861 (-3.1%) / $890 (+2.3%) (weekly change) (-10.3% and -6.0% YTD change, respectively). The number of week traded […]
Boeing Wins $40m Iraq Defense Order
US defense giant Boeing has been awarded a $39,662,335 cost-plus-fixed-fee foreign military sales (Iraq) contract to acquire engineering and technical services necessary to support the Avenger short-range air defense system. One bid was solicited and one bid received. Work locations and funding will be determined with each order, with an estimated completion date of May […]
Video: Ramadan in Iraq
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Ramadan in Iraq:
WesternZagros Boosts Capacity at Garmian
By John Lee. WesternZagros Resources has announced that the operator has completed the installation of surface equipment to expand the Sarqala production facility. Current production for the Sarqala-1 well is approximately 9,500 barrels per day of oil, which is in line with the company's first quarter guidance expectations. (Source: WesternZagros)
Enabling Children to Develop Skills and Remain Safe
Enabling children to grow, develop skills and remain safe “Every day on my way home from school, my friends and I spend our afternoon playing at the playground,” said Mahdi, 11, from Al Nashwa sub-district of Basra, South of Iraq. In 2015, and under the UNDP-Shell Partnership, four playgrounds were constructed between Basra’s sub-districts of […]
US Man Pleads Guilty in $8m Investment Scam
By John Lee. An US man has pleaded guilty to stealing more than $8 million from a Turkish investor, U.S. Attorney Tom Beall said. Nagy Shehata, 57, Olathe, Kansas, pleaded guilty to one count of conspiracy to commit wire fraud. In his plea, he admitted the crime occurred while he was president of Premier Investment […]
ISIS, Qaeda to Establish New Organization in Iraq
By John Lee. Asharq Al-Awsat reports that armed groups from the Islamic State group (IS, ISIL, ISIS, Daesh) and al-Qaeda have held meetings to establish a new terrorist organization in Iraq. A senior police official in Kirkuk province told the news organization that he believed Arab and foreign militants will be part of the new […]
Many Obstacles to Kurdistan Independence Referendum
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan faces many Obstacles to Independence Referendum Iraq's Kurdistan Regional Government (KRG) announced May 24 that it had formally informed the United Nations Security Council of its intention […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Liaison Advisor, World Vision UN Women - Operations Manager, United Nations Development Programme (UNDP) Assistant Procurement Officer, United Nations Assistance Mission for Iraq (UNAMI) National Consultant, United Nations Assistance Mission for Iraq (UNAMI) CCCM Assistant - Database, Norwegian Refugee Council (NRC) CCCM Team Leader- […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Research and Advocacy Coordinator (Cash Consortium of Iraq), Oxfam Emergency Team Leader (Mobile Team Leader), Oxfam Finance Coordinator, Action contre la Faim (ACF International) Finance & Human Resources Manager, Action contre la Faim (ACF International) Logistics Manager, Action contre la Faim (ACF […]
Mass Killings of Fleeing Civilians in Mosul
Mosul: UN receives reports of mass killings of fleeing civilians by ISIL Credible reports indicate that more than 231 civilians attempting to flee western Mosul have been killed since 26 May, including at least 204 over three days last week alone. The UN Human Rights Office has been documenting ISIL’s use of civilians as human […]