Tag Archives | featured

Military Airstrikes Continue Against ISIL

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 Bomber, fighter and remotely piloted […]

Al-Abadi’s wide-ranging Plan to Slash Spending

By John Lee. The Iraqi cabinet has approved Prime minister Haider al-Abadi’s wide-ranging plan to slash spending and improve the government’s performance. The seven-point plan, which includes the abolition of the three vice-presidential posts and the three deputy prime minister posts, now goes before parliament for approval. According to the unedited statement from the Office of […]

Oil Export Data from KRG, July 2015

The Kurdistan Regional Government (KRG) has published its monthly export report for July 2015. The KRG exported 16,019,090 barrels of crude oil (an average of 516,745 barrels per day (bpd)) in the month of July through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG […]

DynCorp Wins $46m Iraq Contract

By John Lee. DynCorp International, of Fort Worth, Texas, has been awarded a $45,470,349 cost-plus-fixed-fee foreign military sales contract with options for technical support for multiplatform vehicles. Work will be performed in Iraq with an estimated completion date of 4th September, 2018. According to the announcement from the US Dept of Defense, one bid was […]

Coalition Continues Anti-ISIL Airstrikes

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 Attack, fighter and remotely piloted […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Aug 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,258 (-1.0%) / $1,317 (-0.2%) (weekly change) (-9.7% and -11.1% YTD change, respectively). The number of week traded […]

UNDP, Japan Stimulate Recovery in Iraq

The United Nations Development Programme (UNDP) and the Government of Japan have signed a US$ 1 million emergency grant agreement to stimulate stabilization and recovery initiatives in newly liberated areas in Iraq. The grant will be channeled through the Funding Facility for Immediate Stabilization (FFIS) which is managed by UNDP under the leadership of the […]

Funding Shortfall 'Cripples Humanitarian Operations'

A severe funding shortfall has led to the closure of 84% of health programmes supported by humanitarian partners, including the World Health Organization (WHO), in Iraq, leaving almost 3 million people without access to urgently needed heath care services. More than 184 front line health services in 10 governorates have been suspended, leaving millions of […]

Empowering Women to Counter Terrorism

“Women can be powerful poles for positive change and participate in innovative efforts to inform, shape and implement policies and programs to mitigate the effectsof conflict and violent radicalization”, said Gyorgy Busztin, Deputy Special Representative of the United Nations Secretary-General for Iraq (DSRSG), at the opening of the two-day National Conference on ‘Empowering Women to […]

Squire Patton Boggs no longer acting for KRG

By John Lee. Washington DC-based lobbying and legal services firm Squire Patton Boggs has reported that it is no longer acting for the Kurdistan Regional Government (KRG). In a statement made pursuant to the US's Foreign Agents Registration Act (FARA), the company also confirmed that it had performed no reportable activity on behalf of the […]

Another New Service from Iraq Business News

At Iraq Business News, we are committed to providing our readers with the very best business information on Iraq. To that end, we are delighted to announce the launch of our new Reference pages, which will support our news service by giving all the background information that our readers need about the country. We are […]