Iraqi Prime Minister Haider al-Abadi visited Mosul on July 9, hailing his forces for securing ‘victory’ over IS. Abadi’s office said he was visiting ‘liberated’ Mosul to congratulate Iraq’s ‘heroic fighters’ but the premier later indicated he would only declare final victory once final few pockets of resistance were cleared. His office said Abadi met […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
By John Lee. The Ministry of Oil announced on Sunday that it has started drilling the first well in the Huwaiza [Huweiza] oil field near the Iranian border, in Maysan [Missan] governorate. The field is being developed by Missan Oil Company (MOC), with drilling being carried out by the Iraqi Drilling Company (IDC). Geological studies […]
DNO, the Norwegian oil and gas operator, today announced resumption of appraisal drilling at the Peshkabir discovery on the Tawke license in the Kurdistan region of Iraq following extended testing of the Cretaceous and Jurassic reservoirs in the Peshkabir-2 well. The Company spud the Peshkabir-3 well on 8 July as part of a fast track […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th July 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD805 (-0.9%) / $826 (-1.6%) (weekly change) (-16.2% and -12.8% YTD change, respectively). The number of week traded […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Saturday, conducting 25 strikes consisting of 75 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
UNHCR, the UN Refugee Agency, has welcomed the latest contribution of Euro 13m from Germany to provide shelter and protection assistance to over 3 million displaced Iraqis. This generous support will enable UNHCR to continue its interventions in providing humanitarian assistance and protection activities in supporting the internally displaced persons with their basic needs, shelter, […]
By John Lee. The number of tourists visiting the Kurdistan Region of Iraq over the Ramadan holidays has doubled since last year to 243,000 people. The income generated is estimated at $73 million. Nawroz Mawlud, the minister for Municipalities and Tourism told Rudaw that about 70 percent of the tourists came from southern and central […]
By John Lee. A US-based arts-and-crafts retailer has agreed to pay a $3 million fine for illegally importing thousands of ancient Iraqi artifacts smuggled into the US through the United Arab Emirates (UAE) and Israel. in December 2010, Hobby Lobby executed an agreement to purchase over 5,500 artifacts, comprised of cuneiform tablets and bricks, clay […]
By John Lee. The United Nations has advertised new positions in Iraq: Procurement Assistant, United Nations Assistance Mission for Iraq (UNAMI) National Emergency Preparedness and Response Officer, United Nations Assistance Mission for Iraq (UNAMI) Human Resources Assistant, United Nations Assistance Mission for Iraq (UNAMI) Human Settlements Officer, United Nations Human Settlements Programme Technical Officer, World […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Finance Coordinator, Médecins du Monde General Coordinator, Médecins du Monde Humanitarian Programs Team Leader, Mercy Corps Finance Director, Mercy Corps Facilitator, World Vision Project Coordinator, World Vision Team Leader, World Vision Roving Logistics Coordinator, Oxfam Call Centre Operator, United Nations Office for […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Mid-year Assessment of Oil Export Revenues and Budgetary Implications Iraqi data on oil exports and generated revenues for the first half of 2017 provide the material evidence to assess the impacts of […]
