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A delegation representing Talal Abu-Ghazaleh Organization (TAG-Org) agreed with the Governor of the Central Bank of Iraq (CBI), Mr. Ali Mohsin Ismail Al-Alaq, means of cooperation between the two parties. The delegation headed by Mr. Ahmad Obeidat, Executive Director of the Baghdad Office, presented the various services provided by TAG-Org, particularly in the fields of []

By John Lee. Iraq reportedly bought 50,000 tonnes wheat from Australia on Sunday at $312.50 a tonne c&f free out. The tender, which closed on 31st July, was open to wheat from the United States, Canada or Australia. According to Reuters sources. wheat from the United States was offered lowest at $299.19 a tonne c&f []

This past week theInternational Organization for Migration (IOM), the UN Migration Agency, sent emergency teams from its Erbil, Iraq, mission to provide front-line non-food item (NFI) assistance to an informal settlement of internally displaced persons (IDPs). The settlers are principally nomadic herders fleeing ISILs last remaining major stronghold in Iraq: Tal Afar. Following the fall []

By Fazel Hawramy forAl-Monitor.Any opinions expressed are those of the author, and do not necessarily reflect the views ofIran Business News. Iran and the Kurdistan Regional Government (KRG) have become entangled in a war of words as the referendum on Iraqi Kurdistans independence nears. Both sides are now making veiled threats, which if they []

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Monday, conducting 35 strikes consisting of 42 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterdays strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, []

Prime Minister Dr. Haider Al-Abadi has presided over the first meeting of the Higher Committee for Investment and Reconstruction. The Higher Committee for Investment and Reconstruction has held its first meeting under the chairmanship of the Prime Minister Dr. Haider Al-Abbadi, in the presence of all members of the Committee. Dr. Abadi stressed during the []

Hexagon Composites subsidiary Hexagon Ragasco has received a new major order for LPG cylinders from Gas Filling Company (GFC) at a total value of around USD 15 million (approximately NOK 120 million). Deliveries are scheduled to commence in fourth quarter of 2017 and continue through first quarter of 2018. With this order, Iraq is expanding []

By John Lee. Al-Iraqia Shipping Services & Oil Trading (AISSOT) has announced it will start bunkering operations at several Iraqi ports, with a focus on Basra, Khor Al-Zubair and Umm Qasr. According to a report from Ship and Bunker, the company a joint-venture company of Iraqi Oil Tankers Company (IOTC) and Arab Maritime Petroleum []

Tuesday marks the third anniversary of the U.S.-led coalition air campaign against the Islamic State of Iraq and Syria, during which millions of people have been freed from ISIS control, Pentagon spokesman Navy Capt. Jeff Davis said today. Briefing the Pentagon press corps, Davis said the air campaign was a response to a terrorist army []

U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Sunday, conducting 34 strikes consisting of 40 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterdays strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, []

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The equity market, as measured by the RSISUSD index was down -4.4% for the month, recovering from lows of -10.0%, on further declining turnover. []

On August 5, the Japan International Cooperation Agency (JICA) under the Government of Japan signed a loan agreement with the Government of the Republic of Iraq in Baghdad to provide a Japanese ODA loan of up to 21.556 billion yen (equivalent to approximately USD 191 million[1]) for the Hartha Thermal Power Station Rehabilitation Project (Phase []

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