Tag Archives | featured

UN Advertises Jobs in Iraq

By John Lee. The United Nations has advertised several new positions in Iraq: National Consultant: Employment Opportunity Assessment (UNDP); Field Security Assistant (UNDP); Programme and Operations Officer (UNDP); CAP Secretary (UNDP); Security Associate (World Food Programme, WFP); (Source: UN) (Recruitment image via Shutterstock)

Coalition Continue Strikes Against ISIL in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported on Tuesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Fighter and remotely […]

Oil Exports Rise to 3.364m bpd

By John Lee. Crude oil exports from Iraq's southern fields averaged 3.364 million bpd in April, higher than March's average of 3.286 million. It was also close to the record of 3.37 million bpd exported in November, according to Reuters. The oil was sold at an average price of $33.26 per barrel, earning $3.343 billion, […]

Iran Resumes Power Supply to Basra

By John Lee. Iran has reportedly resumed electricity exports to Iraq following a hiatus over unpaid fees. Power was restored following the visit of an Iraqi delegation to Tehran to settle the issue. (Source: PressTV) (Electricity image via Shutterstock)

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th Apr 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD780 (-2.3%) / $788 (-1.2%) (weekly change) (-28.4% and -31.2% YTD change, respectively). The number of week traded […]

Al Jazeera Closure "a Blow to Free Speech", HRW

By Human Rights Watch. The closure of Al Jazeera’s Baghdad bureau by the Iraqi Communications and Media Commission is nothing but an effort to clamp down on freedom of expression. The commission should promptly reverse its decision and allow the bureau to operate freely in accordance with international standards on freedom of the media and […]

Video: Protesters Storm Iraqi Parliament

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thousands of angry protesters broke into Baghdad's heavily fortified Green Zone on Saturday and stormed the parliament building after lawmakers again failed to approve new ministers:

More than 700 Iraqis Killed in April

A total of 741 Iraqis were killed and another 1,374 were injured in acts of terrorism, violence and armed conflict in Iraq in April 2016*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in April was 410 (including 11 federal police, Sahwa civil defence, […]

Counter-ISIL Strikes Hit Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Sunday, Combined Joint Task Force Operation Inherent Resolve officials reported on Monday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, ground-attack […]

Gazprom Updates on Iraq Ops

By John Lee. In a Management Report released to the markets, Gazprom gave the following update on its operations in Iraq: The Badrah field (pictured) (30% held by Gazprom Neft Group): In 2015 production was 1.4 million tons of oil, a level sufficient for the project to pay back. The Garmian block in Iraq (Kurdistan) […]

GKP seeks Relief with Bondholders

By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed down nearly 3 percent on Friday after it reached agreement with less than 75 percent of its bondholders to delay making interest payments. The company's full statement: Further to the Company's disclosure on 14 April 2016, Gulf Keystone confirms that constructive dialogue continues with a […]

Strikes Continue Against ISIL Targets in Iraq, Syria

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported on Friday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and remotely […]