Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th Feb 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD977 (+5.7%) / $1015 (+5.7%) (weekly change) (-10.3% and -11.4% YTD change, respectively). The number of week traded […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, 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 and fighter […]
By John Lee. BBC reports that Iraqi security forces have begun building a 300km (186 miles) wall around Baghdad in an effort to prevent attacks by the Islamic State group (IS, ISIS, ISIL, Daesh). The new barrier, which will include a two-metre deep trench and surveillance cameras, will surround the city from all sides, an […]
By Wassim Bassem, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Ali al-Jubouri, a farmer from the Babil countryside, patiently waits every year for the rainwater to evaporate from local natural salt lakes. He and his family then collect the salt left behind to sell […]
By John Lee. The Kurdistan Regional Government (KRG) has announced that it will pay only partial salaries to all government employees except security personnel, as it struggles with an economic crisis due to low oil prices. In a statement, it said the decision was taken "in order to ensure the continued distribution of part of […]
By Wassim Bassem, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Once-lively Caravan Stops Crumble Along Abandoned Silk Road In an interview with Al-Monitor, 85-year-old Hussein Khazraji described how he used to cross the distance between his hometown, Najaf, and Karbala on foot in the […]
Register Now for "IN THEIR SHOES" 5k to Benefit Iraqi Children It's that time again! The Iraqi Children Foundation is hosting its 4th annual "IN THEIR SHOES" 5K to benefit Iraq's most vulnerable children on Saturday, May 14, 2016, in Old Town Alexandria, VA. Race course is USATF certified and will be timed. Not a serious runner? […]
By John Lee. Shares in Genel Energy were trading up 10 percent on Friday morning after the compay announced that the Taq Taq field partners have received a gross payment of $16.3 million from the Kurdistan Regional Government for oil exported through the Kurdistan Region of Iraq-Turkey pipeline. Genel's share of the gross Taq Taq […]
The Kurdistan Regional Government (KRG) has published its monthly export report for January 2016. The KRG exported 18,656,131 barrels of crude oil (an average of 601,811 barrels per day (bpd)) in the month of January through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG […]
Kurdistan Region President Masoud Barzani says that the time has come for the people of Kurdistan to make a decision through a referendum on their future. In a statement this week, he also criticized those who have made hostile statements about the holding of a referendum in Kurdistan. “In the last few days, a number […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Remotely piloted aircraft […]
By Omar al-Jaffal, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is experiencing a resurgence in the abductions of foreigners, something that had tapered off in recent years. Three new incidents include the kidnappings of 18 Turkish workers in September, 26 Qatari hunters in […]
