EXOVERA, a wholly-owned subsidiary of SOS International LLC (SOSi), has been awarded a three-year contract by the U.S. State Department to monitor and analyze traditional and social media in support of the U.S. embassy in Baghdad, Iraq. SOSi established EXOVERA in 2012 as a commercial, cloud-based service that currently monitors 350,000 news and social media […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd June 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ714 (+3.0%) / $713 (+3.0%) (weekly change) (-34.5% and -37.8% YTD change, respectively). The number of week traded […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported on Sunday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber, attack, […]
Packers Plus Energy Services Inc. has announced that it recently installed and stimulated an open hole completion system in the Kurdistan region of Northern Iraq. This is the first well in Northern Iraqi fields for Packers Plus, using its StackFRAC HD system. The open hole method has proven successful against a number of other completion […]
United States and Government of Iraq Work in Partnership to Improve Management of Public Funds On Thursday, June 2, U.S. Ambassador Stuart Jones (pictured), together with the Minister of Planning Salman al-Jumayli, and Chief of Staff for the Prime Minister’s Office Dr. Mahdi al-Allaq, participated in the Ministry of Planning (MOP) conference entitled “Reforming Development […]
By Ali Mamouri for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On May 23, Iraqi Prime Minister Haider al-Abadi announced the beginning of military operations to retake the city of Fallujah. Operations have been successful so far, as several parts of the city’s […]
Economic Reforms will Help Achieve Sustainable and Inclusive Growth in the Kurdistan Region of Iraq A new World Bank Group report proposes a series of reforms to enable Iraq’s Kurdistan Region to chart a path out of the difficult economic challenges it faces toward a more sustainable and diversified economic future. The combination of factors […]
Al Taif Money Transfer Co (TMT), the largest money transfer services provider in Iraq has signed up Covalent, a joint venture between TPS and Access Group, for a digital payments platform. Farhan Al Musawi, CEO of Al Taif Group and Al Taif Money Transfer said: “We are pleased to engage with a strategic partnership with […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: International Multi-Drugs Resistance Tuberculosis (MDR-TB) Expert (UNDP) Security Sector Reform (SSR) (UNDP) Service Delivery Consultant (UNDP) Data Communication Specialist (UNICEF) Reports Specialist (UNICEF) Programme Assistant (UNICEF) National Project Coordinator (UNAMI) Programme Assistant (UNAMI) Final Evaluation Consultant (Save the Children) Administrative Officer (Office for the […]
By John Lee. The United Nations has advertised several new positions in Iraq: Final Evaluation Consultant (Save the Children) Rehabilitation Technical Advisor (Handicap International) Chief of Communication (UNICEF) Grants Coordinator (Norwegian Refugee Council, NRC) Logistics Officer (Norwegian Refugee Council, NRC) Operations Assistant - Facilities Management (UNDP) Security Sector Reform (SSR) (UNDP) Finance Clerk (UNDP) Multi-Drugs Resistance Tuberculosis (MDR-TB) […]
By John Lee. Reuters reports that Iraq expects to sell $2 billion in eurobonds in the last quarter of this year, when international aid starts coming in, helping lower its cost of borrowing. Finance Minister Hoshiyar Zebari (pictured) told the news agency that Iraq expects to receive $600 million in September from the International Monetary […]
By John Lee. The Basra branch of the Iraqi Businessmen's Association has announced the founding of the largest joint-stock company in the province. The new firm will involve hundreds of businesses in a variety of ventures, including construction, tourism, and setting up its own bank. Sabih Habib al-Hashemi, the head of the Association, said that […]
