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Coalition Strikes Hit ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq and Syria on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack aircraft conducted […]

Video: Search for ISIL Fighters in Kirkuk

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Security forces remain on high alert in Kirkuk a week after they foiled an attempt by fighters belonging to the Islamic State of Iraq and the Levant (ISIL) group to take control of […]

Oil Ministry asks IOCs to drop Dubai Offices

By John Lee. Reuters reports that Iraq has asked international oil companies to save costs by shutting down their prestige offices in Dubai and running their Iraqi operations from within Iraq. Oil companies with contracts in Iraq have to clear spending with Baghdad, including staffing costs, and are then repaid with income from Iraq's exports […]

Shell, Vitol increase UAE storage for Iraqi Oil

By John Lee. Shell and oil trading house Vitol are reported to be stepping up their operations in the port of Fujairah to store Iraqi crude. Shell, an equity partner in Iraq's Majnoon oilfield, leased five large crude storage tanks at Fujairah port last year. Vitol has also started to store crude from Iraqi Kurdistan in […]

Pentagon Hails Progress, Momentum in Mosul Fight

Iraqi security forces and Kurdish Peshmerga fighters are making progress as they push toward Mosul in the effort to liberate the city from the Islamic State of Iraq and the Levant, the Pentagon's press secretary said on Monday. "There's no question that counter-ISIL forces continue to have the momentum in this fight," spokesman Peter Cook […]

Nearly 1,800 Iraqis Killed in October

A total of 1,792 Iraqis were killed and another 1,358 were injured in acts of terrorism, violence and armed conflict in Iraq in October 2016*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The number of civilians killed in October was 1,120 (including 15 federal police, Sahwa civil defence, […]

Inherent Resolve Strikes Target ISIL in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Sunday, 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 Attack, fighter and remotely […]

KRG needs Investors for 2 New Universities

By John Lee. The Kurdistan Regional Government's Ministry of Higher Education and Scientific Research has requested proposals from investors interested in setting up two new private universities. One university will be in Erbil, and one in Sulaymaniya. Proposal should be sent to the Ministry HQ by 11th November, 2016. More information here. (Source: KRG)

"Dysfunctional Banking System" affects Asiacell Business

By John Lee. In its results for the first nine months of the year, Qatar-based Ooredoo said this morning that business at its Iraqi subsidiary Asiacell is still affected by the political and economic situation in the country, a "dysfunctional banking system", and VAT impact. Despite these challenges, Asiacell maintained its revenue leadership in the […]

Iran, Iraq Sign MoU to Boost Judicial Cooperation

Iranian and Iraqi prosecutor generals on Sunday signed a Memorandum of Understanding (MoU) in Baghdad on cooperation in various judicial fields. Iran’s Prosecutor General Mohammad Jafar Montazeri and his Iraqi counterpart signed the 8-clause MoU after a meeting of the two countries’ high-ranking judicial officials. Based on the MoU, Tehran and Baghdad will collaborate on […]

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Iraqi American Running for Iraqi Children

According to UNICEF, Iraq is now one of the most dangerous places in the world for children -- this lawyer and mother is doing something about it! As Iraq liberates Mosul, an Iraqi American mother and lawyer, thousands of miles away, is training to run in the November 6 New York City Marathon. As she did at the Chicago Marathon and the […]

Military Strikes Continue Against ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]