Tag Archives | featured

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th Nov 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,025 / $1,073 (-5.3%) (weekly change) (-26.4% and -27.6% YTD change, respectively). The number of week traded shares […]

Iraqi PM Under Attack

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. Nobody On Team al-Abadi: Iraqi PM Under Attack, Can't Please Anyone, So How Can He Save the Country? Nobody in Iraqi politics appears to like Prime Minister Haider al-Abadi much […]

Grain Board Boss Sacked in Corruption Probe

By John Lee. Iraq's acting trade minister, Mohammed Shia al-Sudani, has reportedly sacked the head of the powerful Grain Board of Iraq and six other officials over allegations of corruption. Reuters quotes ministry sources as saying that the move was part of a comprehensive operation intended to "cleanse the ministry of officials who have any hint […]

Why Christians Oppose Own Autonomous Region

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. Why Iraqi Christians are against the establishment of their own autonomous region The secretary-general of the Assyrian Democratic Movement and member of the Iraqi parliament, Yonadam Kanna (pictured), spoke to Al-Monitor about […]

Which Form of Govt is Best for Iraqi Kurdistan?

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. From Broad-Base To Dictatorship: As Coalition Fails, Locals Ask Which Form of Government Best for Iraqi Kurdistan Iraqi Kurdistan has gone through a number of different government formats, from coalitions […]

URGENT: Min. of Industry Announces Investment Opportunities

By John Lee. The Iraqi Ministry of Industry has issued a list of thirty factories that are currently open for private investment. The factories cover such sectors as food processing, paper and cardboard, tires, fertilizers, aluminum, cement, natural gas, pharmaceuticals and textiles. The deadline for participating in the tenders is 15th November! Please click here […]

Video: Iraq shows off New Fighter Jets

Reuters reports that Iraq showed off two newly-purchased fighter jets at Balad Air Force Base on Thursday. The Aero Vodochody L-159 subsonic jets, bought from the Czech Republic, are due to be used in the fight against the Islamic State group (IS, ISIS, ISIL).

100 Youths Join Workshop on Innovation

The United Nations Development Programme (UNDP) concluded a series of workshops training over 100 Iraqi youths on creativity and innovation in transforming ideas into businesses and social projects. As part of UNDP’s Innovation for Development initiative and in collaboration with Zain Iraq, the workshops were held in Baghdad (1-3 October), Basra (15-17 October) and Erbil […]

Death Hidden in the Dirt: Old Land Mines in Maysan

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. Death Hidden in the Dirt: Old Land Mines in Maysan Still Killing Shepherds and Farmers The authorities in Maysan province had been clearing land mines from the Iran-Iraq war with […]

Military Strikes Target ISIL Terrorists in Syria, Iraq

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

Tawke Production Worth $2bn Annually

DNO ASA, the Norwegian oil and gas operator, reported third quarter operated production of 152,507 barrels of oil equivalent per day (boepd) with year-to-date volumes up nearly 30 percent from 2015. Output from the company's flagship Tawke oil field in the Kurdistan region of Iraq averaged 145,184 barrels of oil per day (bopd), of which […]

Former Minister Jailed for Corruption

By John Lee. A Baghdad court has sentenced former environment minister Sargon Lazar Slewa [Sargon Lazon Sliwah, Karkis Sleiwa] (pictured) to two years in prison on charges of corruption. A judicial spokesman told Reuters that Slewa, a Assyrian Christian who served in former premier Nuri al-Maliki's government, was taken into custody following the ruling and fined […]