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US Commits Another $155m Humanitarian Aid

US Secretary of State John Kerry announced that the United States is providing nearly $155 million in additional humanitarian assistance to displaced and conflict-affected Iraqis within Iraq and throughout the region who are in urgent need of support. This new funding brings total U.S. humanitarian assistance for the Iraq humanitarian response to more than $778 […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th Apr 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD837 (-0.1%) / $846 (+0.2%) (weekly change) (-23.2% and -26.2% YTD change, respectively). The number of week traded […]

Coalition Strikes Target ISIL Terrorists in Syria, Iraq

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 Sunday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack aircraft conducted […]

Germany Donates EUR 4m to Boost Community Policing

The Federal Republic of Germany has donated EUR 4 million to IOM Iraq to support its “Strengthening Community Policing in Iraq” project between March 2016 and December 2017. By supporting community policing in Iraq, IOM enhances overall efforts to advance democracy, human rights and the rule of law in Iraq in liberated areas. Community-policing models […]

Fast And Furious: Amateur Motorheads in Iraq

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Fast And Furious In Baghdad: The Amateur Motorheads Organising Races In Iraq There are no official race tracks in Baghdad but car fanciers in the capital are organising their own […]

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Daesh Oil Revenue Falls

By John Lee. The Speaker of the Iraqi Parliament has said that the ability of the so-called Islamic State militant group (IS, ISIS, ISIL, Daesh ) to profit from illicit oil sales has declined, as the terrorists lose control over the captured territories. Saleem Jubouri (pictured) told Sputnik: "Daesh used [oil] fields to earn money, especially […]

Why Iraqi-Saudi ties are Backsliding yet Again

By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is facing a new crisis with Saudi Arabia as a result of their differing points of view regarding regional issues, most notably those related to Lebanon-based Hezbollah, which was recently classified […]

Oil Exports ahead of Plan

By John Lee. Reuters reports that oil exports from Iraq's southern ports have risen to an average of 3.494 million bpd in April, from an average of 3.286 million bpd in March. The South Oil Company's assistant general manager, Basim Abdul Kareem, added that export volumes in March and so far in April are higher […]

China Reaches $20bn Trade with Iraq

By John Lee. The Minister of Foreign Affairs, Dr Ibrahim Al-Jaafari, received a copy of the credentials of the new Chinese Ambassador to Iraq, Mr Chen Weiqing, at the ministry Headquarters.. "Last year, trade [between Iraq and China] reached $20 billion, and today Iraq represents the third largest partner in the Arab world," Mr Chen […]

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UN Advertises Jobs in Iraq

By John Lee. The United Nations has advertised several positions in Iraq: Senior ERD Manager - Basic Needs (International Rescue Committee, IRC); Children & Youth, Protection & Development Coordinator, Erbil (International Rescue Committee, IRC); Human Resource Coordinator (National Position), Erbil (Norwegian Refugee Council, NRC); Data & Information Analyst, Erbil (Norwegian Refugee Council, NRC); Field Coordinator […]