HRW: Displacement, Detention of Suspected “ISIS Families”
Iraqi forces have forcibly displaced at least 125 families said to have familial ties to affiliates of the Islamic State (also known as ISIS), Human Rights Watch (HRW) said today. Sunni tribal groups (known as the Hashad al-Asha'ri), within the Popular Mobilization Forces (known as the PMF or Hashd al-Sha'abi), which are under the control of […]
Shiite Trio Competes for Power in Iraq
By Ammar Alsawad for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On Feb. 28, hundreds of pro-Sadrist university students in Kut attacked Iraqi Prime Minister Haider al-Abadi's procession with stones and water bottles. Abadi's security forces fired tear gas and live […]
UN opens another Support Centre for Women in Kurdistan
Kurdistan Regional Government Prime Minister, Nechirvan Barzani received Ms. Zainab Bangura, Special Representative of the United Nations Secretary General on Sexual Violence in Conflict, and her accompanying delegation. Ms. Bangura expressed her appreciation for the collaboration and assistance offered by the Kurdistan Regional Government’s institutions to the UN organizations, especially in the field of work […]
$12bn Boost for UK Firms in Iraq
By John Lee. The United Kingdom has agreed to provide up to £10 billion ($12 billion) of support to Iraq over the next 10 years through loans to infrastructure development projects under UK Export Finance (UKEF). British Ambassador Frank Baker and Iraq's Acting Minister for Finance Abdlrazaq Alissa [Abdul Razzak al-Essa] signed the Memorandum of […]
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, Iran agree to Resolve Dispute on Joint Oil Fields
By Sara al-Qaher for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On Feb. 20, the Iraqi Oil Ministry signed a memorandum of understanding with the Iranian Oil Ministry to settle disputes over the joint oil fields and examine the possibility of building […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd Mar 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1082 (-0.9%) / $1110 (-0.2%) (weekly change) (+12.7% and +17.2% YTD change, respectively). The number of week traded […]
Video: 10,000 Civilians Flee Mosul Daily
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fighting is not without a human toll. Iraqi authorities say on average 10,000 civilians are fleeing their homes each day, with camps quickly filling up. Al Jazeera's Stefanie Dekker reports from one such […]
Counter-ISIS Strikes Continue in Syria, Iraq
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Coalition military forces conducted eight strikes consisting of […]
S. Korea Eager to Support Iraq
By John Lee. Prime Minister Haider Al-Abadi has received in his office the South Korea Minister of Land, Infrastructure and Transport, Kang Hoin, and his delegation, to discuss cooperation in transportation, training, energy and infrastructure. Minister Hion expressed his eagerness to support Iraq in its post-Daesh development program, adding that because South Korea has the […]
Saudis make surprise trip to Iraq: Why now?
By Ali Mamouri for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Saudi Foreign Minister Adel al-Jubeir made an unannounced visit Feb. 25 to Baghdad, seeking to re-establish long-severed ties with Iraq, perhaps with an eye toward the Saudi role in the […]
Bank Sepah Expanding Ties with Iraq
By John Lee. The CEO of Iran's Bank Sepah, Mohammad Kazem Choghazardi, has said that since the lifting of sanctions his bank has been active in Iraq. During a meeting with the Iraqi Ambassador to Iran, Rajeh al-Mousavi, this week, he said: “Omid Investment Group, whose main shareholder is Bank Sepah, has invested in some […]