Tag Archives | featured

Iraq Imports more Raw Sugar

By John Lee. Iraq is increasingly importing raw sugar instead of white, as a new sugar refinery has ramped up production faster than expected, according to Reuters. Ir is estimated that the Babylon refinery south of Baghdad, which serves the domestic market, had imported around 375,000 tonnes of Brazilian raw sugar in the past six […]

Turkish Airlines Adds Baghdad Flights

By John Lee. Turkish Airlines has announced that it has added a new flight destination operated between Baghdad and Istanbul Sabiha Gökçen International Airport. Beginning October 25th, roundtrip flights between Istanbul and Baghdad will be operated 2 times per week in both directions till November 23rd, and will be daily as from that: (Source: Turkish […]

UNAMI Strongly Condemns 'Honor Killings'

UNAMI Strongly Condemns the Continued Practice of Honor Killings The United Nations Assistance Mission for Iraq (UNAMI) condemns in the strongest terms the recent murder in Sulaymaniyah of a young woman, allegedly by family members, in what is perceived to have been an “honor crime”. “Honor is not an excuse to justify such nefarious acts […]

USAID in Iraq Seeks IT Specialists

The USAID Mission in Iraq is seeking applications from qualified individuals interested in providing the PSC services as described in the attached solicitation. Interested applicants MUST submit the following materials: Most current Curriculum vitae or resume Completed and hand-signed federal form OF-612 (including OF-612 continuation sheets as needed). The OF-612 can be downloaded from: www.usaid.gov/forms/. […]

Closure of Jordanian-Iraqi Borders Hurts Jordan

By John Lee. Jordan's Interior Minister, Salameh Hammad, said on Tuesday that the frequent closure of the Jordanian-Iraqi border should be resolved. Hammad made the remarks as he met with Iraqi ambassador to Jordan, Jawad Hadi Abbas, where the two officials discussed ways to remove all obstacles facing Jordan's cargo transportation to Iraq. Abbas stressed […]

Shewashan-2 Development Well Spudded

Range Energy Resources Inc has announced that Gas Plus Khalakan (GPK), the sole contractor of the Khalakan Block in the Kurdistan Region of Iraq, issued a press release stating that it has spudded the Shewashan-2 development well on 1st October 2015 under Phase 1 of the approved Field Development Plan (FDP) for the Shewashan oil […]

Currency Auction Results, 27th Oct

By John Lee. The Central Bank of Iraq (CBI) has reported that 27 banks and 16 remittance companies took part in its currency auction on Tuesday. A total of $216,435,000 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

New Sales Tax Weighs on Zain Iraq

By John Lee. In a statement to the markets covering the first nine months of the year, Zain Group said that the implementation of a new 20 percent sales tax on mobile servicesin Iraq, as well as wide-ranging tax increases on other sectors in the country, that commenced 1 August 2015, have hit spending on […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd Oct 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,107 / $1,159 (-0.5%) (weekly change) (-20.5% and -21.8% YTD change, respectively). The number of week traded shares […]

Military Airstrikes Target ISIL Terrorists in 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 on Sunday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Iraq Attack, bomber, fighter […]

Human Rights Watch - "Protesters Beaten, Abducted"

Iraqi security forces have repeatedly beaten and violently dispersed protesters during anti-corruption demonstrations since August 2015 without any apparent justification, Human Rights Watch (HRW) said in a statement on Friday: In some instances, unidentified men in civilian clothes abducted and beat demonstrators. Prosecutors have failed to respond to judicial complaints lodged by victims of these […]