UN agencies launch call centre to provide displaced communities across Iraq with information on humanitarian assistance To call the IDP Information Centre, dial 6999 from an Iraqi mobile phone. A national hotline for Iraqi citizens affected by the ongoing humanitarian crisis has been launched to provide timely information on humanitarian services such as food distribution […]
Just a year after it opened, the RSK combined geotechnical–environmental laboratory outside Basra, Iraq, is aiming to expand its services and recruit more young scientists to augment its staff of nearly 20. The RSK Iraq laboratory, which has been operational since May 2014, is the first combined geoenvironmental laboratory in Iraq to achieve this International […]
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. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Remotely piloted aircraft conducted two […]
By John Lee. The Korea Gas Corporation (KOGAS), the state-run South Korean gas company, is to invest $4.9 billion (5.7 trillion Iraqi dinars) to develop the Zubair oilfield. In a stock exchange filing, the company said this investment is part of the total $19.4 billion capital expenditure required for the project, and added that it […]
By John Lee. Iraq has paid international oil companies (IOCs) $9 billion in remaining arrears for 2014, according to a report from Reuters. Oil Minister Adel Abdel Mahdi (pictured) said that the outstanding fees for 2015 will be paid in stages until the beginning of next year. (Source: Reuters)
By John Lee. A foreign-exchange crunch cause by the drop in oil prices could force a devaluation of the Iraqi dinar, according to a report from Bloomberg. Data compiled by Bloomberg show that dollar reserves fell by approximately 20 percent to $59 billion as of July 23, while in the first 25 days of August […]
By John Lee. The United Nations has condemned the execution by the Iraqi Kurdistan Regional Government of three people convicted of murder and kidnapping - the first use of the death penalty in the region in seven years. Rupert Colville (pictured), Spokesperson for the UN High Commissioner for Human Rights, said in a statement: "We […]
High Level Workshop on Gender Equality in Budgeting Launched in Erbil The United Nations Development Programme (UNDP) launched on Monday, at Shahid Saad Abdullah Conference Centre in Erbil, a three-day high-level workshop on gender sensitive budgeting. The workshop is part of the activities implemented under the UNDP Local Area Development Programme (LADP), a project funded […]
By Brenda Stoter for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. When Hemin Zangana was sent to the front line in August 2014, he and his fellow peshmerga fighters were determined to recapture the Mosul Dam from the Islamic State. They told each other they would […]
Turkish carrier AtlasGlobal, formerly known as Atlasjet, will be expanding service to Iraq starting in September 2015. New routes will be launched from Erbil, Sulaymaniyah, Baghdad and Basra. This is in addition to Najaf. eff 03SEP15 Istanbul Ataturk – Erbil 2 daily KK6200 IST0635 – 0900EBL 320 246 KK6200 IST0635 – 0900EBL 321 x246 KK6202 IST1500 […]
A new report suggests that Israel has bought more than three-quarters of its oil from the government of Iraq’s semi-autonomous Kurdistan Region. According to the Financial Times, Israeli firms and refineries imported over 19 million barrels of oil worth one billion dollars between May and August 20-15. That’s almost 77 percent of the crude exported […]
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. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Airstrikes in Syria Fighter and remotely piloted aircraft […]
