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 […]
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 […]
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:
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, […]
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 […]
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) […]
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 […]
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 […]
By John Lee. Dimitris Tsitsiragos, the Vice President of the World Bank's private sector investment arm, told Reuters on Thursday that the bank had arranged $375 million in financing for an Iraqi power company. The International Finance Corporation (IFC) will provide a debt and equity package of $250 million, with another $125 million from Lebanon's […]
The Iraqi Communications and Media Commission (CMC) has reportedly shut down the Baghdad bureau of Al Jazeera Media Network and banned its journalists from reporting in the country. According to a report from Al Jazeera, in a letter to the company on Wednesday, the CMC said it was withdrawing the licence that allowed Al Jazeera […]
President Masoud Barzani received a Japanese embassy delegation headed by Ambassador Fumio Iwai, Japan's Ambassador to Iraq. President Barzani and Ambassador Iwai spoke of the current political situation in Iraq and expressed optimism that matters will be moving in a more positive direction. The two sides also spoke of the military operations against the terrorists […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Mass protests against Iraq’s government have once again swamped the streets of Baghdad. They want the government out and new leadership that prioritises eliminating corruption. The political standoff in Iraq’s parliament is having […]
