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  • Investors Iraq News's Avatar
    Today, 12:53 AM
    By John Lee. Iraq has reportedly approved contracts in a fifth bidding round for gas exploration contracts. According to Reuters, the exploration deals relate to the development of fields in the eastern governate of Diyala that are expected to produce more than 750 million cubic feet of natural gas within 3 years. The contracts have been criticised by IBN Expert Blogger Ahmed Mousa Jiyad – https://www.iraq-businessnews.com/2018/05/16/5th-round-oil-licences-poor-management-dubious-contracts-bad-results/ (Source: Reuters) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 7 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 07:03 PM
    By Amnesty International. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Protest death toll surges as security forces resume brutal repression Chilling eyewitness testimonies and verified video analysis by Amnesty International confirm that security forces have resumed their campaign of deadly violence against largely peaceful protesters in Baghdad and cities in southern Iraq, the organization has warned. The crackdown on renewed protests from 20-22 January saw at least 10 people killed in Baghdad, Basra, Karbala and Diyala, according to the Iraqi High Commission for Human Rights, while activists in Basra reported two additional deaths yesterday. Scores have been injured and arrested, with some subjected to torture and other ill-treatment in custody. The organization’s Crisis Evidence Lab verified videos from several flashpoints in recent days, confirming live ammunition is once again being used against unarmed protesters, and the first use of deadly military-grade tear gas grenades observed since November. More here. (Source: Amnesty International) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 10 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 07:03 PM
    By John Lee. The trial has begun in London of three British businessmen accused of conspiring to pay bribes totalling $6m (£4.6m) to win contracts in Iraq worth $800 million. According to the UK’s Serious Fraud Office (SFO), Monaco-based Unaoil bribed Iraqi officials to help Dutch-based SBM Offshore , and Singapore’s Leighton Offshore, to secure the contracts between 2005 and 2013. The Guardian reports that Ziad Akle (44), Unaoil’s territory manager for Iraq, Stephen Whiteley (64), who was a vice-president at SBM until 2009 before joining Unaoil as its manager for Iraq, and Paul Bond (67) SBM’s sales manager for the Middle East, have all pleaded not guilty. The trial is expected to last three months. (Sources: The Guardian, Bloomberg) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 8 view(s)
  • dollarsign's Avatar
    01-23-2020, 02:04 PM
    the same thing I'm missing, an explanation. ​$
    30 replies | 25292 view(s)
  • ETA's Avatar
    01-23-2020, 01:52 PM
    So I see a rate of 1,138.0000 am I missing something?
    30 replies | 25292 view(s)
  • dollarsign's Avatar
    01-23-2020, 12:44 PM
    Current Rates Treasury Reporting Rates of Exchange as of December 31, 2019 Iraq-Dinar 1,138.0000 Far be it from me to argue with the Treasury, this is on their site. I wound up here checking on FATCA information as that acronym appeared on the CBI site under the "Know Your Customer" (KYC) announcement. Treasury has information on what has to be declared under the The Foreign Account Tax Compliance Act (FATCA). Historical rates on here go back to 2001 TREASURY REPORTING RATES OF EXCHANGE As of December 31, 2001 Iraq-Dinar .0000 No value against the U.S. Dollar... when did the war start? The Iraq War began in 2003... https://www.fiscal.treasury.gov/reports-statements/treasury-reporting-rates-exchange/current.html ​$
    30 replies | 25292 view(s)
  • Investors Iraq News's Avatar
    01-23-2020, 12:32 AM
    By John Lee. Aviation services group Air Partner has said that it has received increased interest in its “emergency planning” services as a result of recent events in Iraq and Iran. In a trading update for the year ending 31 January 2020, the company reported: “Heightened tensions in the Middle East have resulted in increased interest in our Emergency Planning product. “We received several enquiries for Evacuations during and immediately post the events in Iran/Iraq at the beginning of 2020 and we continue to monitor the situation in the region.“ (Source: Air Partner) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 24 view(s)
  • Investors Iraq News's Avatar
    01-23-2020, 12:32 AM
    As a part of his meetings with a number of leaders and heads of State, President Salih held in-depth talks with US President Donald Trump on Wednesday, on the sidelines of the World Economic Forum (WEF) in Davos. The President stressed the need to intensify international efforts to establish international and regional security and stability, noting that their consolidation and strengthening is the only way to ensure comprehensive and lasting peace in the region. His Excellency added that Iraq is eager to establish balanced relationships with all friends and allies to strengthen its sovereignty, respect its independent decision, achieve the interests of Iraqis, continue the economic development and reconstruction. In addition to Iraq must not be turned into a battleground to settle scores, he stated. The US President, in turn, reiterated his country’s support for Iraq, showed his desire to have a closer relation, expand the scope of cooperation and raise the trade volume between Iraq and US to serve both peoples. Iraq’s pivotal role in the region, he appreciated. Discussions covered the presence of foreign forces, the reduction in troops strength in the country as well as the importance of respecting Iraqis people’s demands in maintaining national sovereignty and ensuring security and stability. (Source: Office of the Iraqi President) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 25 view(s)
  • Investors Iraq News's Avatar
    01-23-2020, 12:32 AM
    By John Lee. The Palestinian Authority has reportedly filed a formal request to Israel to allow the import of fuel from Iraq. Palestinian Prime Minister, Mohammed Shtayyeh, told Israel’s Haaretz newspaper that although the request was made four months ago, Israel has yet to respond. He said: “Fuel is our biggest expense … The cheaper fuel from Iraq will reduce the pressure on our budget considerably.” More here. (Source: Haaretz) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 22 view(s)
  • Investors Iraq News's Avatar
    01-23-2020, 12:32 AM
    KRG Prime Minister Masrour Barzani and Deputy Prime Minister Qubad Talabani chaired a meeting of the cabinet on Wednesday to discuss implementing best practice for the taxation system of the Kurdistan Region. The ministers reviewed an internal pilot project tasked with developing a new legal and auditing framework. The framework updates current auditing practices and increases the transparency of the taxation system. Prime Minister Barzani emphasised his cabinet’s commitment to an ambitious reform agenda, notably tax revenue reform in the Kurdistan Region, which will ensure fair implementation of the system and provide the government with the enhanced enforcement tools. The cabinet also approved a project designed to improve monitoring and auditing of government and private sector budgets, the facilitation of which will be supported by the Ministry of Finance and Economy. During the cabinet meeting, the KRG also approved the merging of the High Institute for Audits and Accounting with the Ministry of Higher Education and Scientific Research, bolstering their research capabilities and raising scientific standards. Prime Minister Barzani called for everyone to work together to ensure that public property and government vehicles are used in the best interest of the public and in accordance with government rules and regulations. (Source: KRG) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 26 view(s)
  • Investors Iraq News's Avatar
    01-22-2020, 01:36 AM
    On Tuesday, the NATO Assistant Secretary General for Operations Dr. John Manza and his delegation met with the Deputy Minister of Foreign Affairs of the Republic of Iraq Mr. Abdul Karim Hashim Aboualgus and his team. The Deputy Minister and Dr. Manza discussed the current state of the NATO Mission in Iraq and cooperation between the Republic of Iraq and NATO. They agreed that strong cooperation between the Republic of Iraq and NATO is of mutual benefit. NATO remains committed to our training mission in Iraq, which contributes to the fight against terrorism. (Source: NATO) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 523 view(s)
  • Investors Iraq News's Avatar
    01-22-2020, 01:36 AM
    By John Lee. The head of Trade Bank of Iraq (TBI) has reportedly said that the bank would stop processing payments for Iranian gas imports if a US sanctions exemption expires next month. Faisal al-Haimus told AFP: “As a bank, the most important thing we have is that we are compliant (with international regulations). That’s why people trust us.” Iraq relies heavily on Iran to support its struggling electricity sector. When the United States imposed sanctions on Iran’s energy sector in 2018, it granted Iraq a series of temporary waivers to allow it to buy gas from Iran. More here. (Source: AFP) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 223 view(s)
  • Investors Iraq News's Avatar
    01-22-2020, 01:36 AM
    Gulf Keystone Petroleum (GKP) has issued an operational and corporate update in advance of the Company’s full year 2019 results which are scheduled to be released on 26 March 2020. Operational Average gross production for 2019 of 32,883 barrels of oil per day (“bopd”), meeting original 2019 gross production guidance. Current production rates from the field at c.40,000 bopd. The side-track to the SH-9 well, designed to assess the gas reinjection potential of the Jurassic formation, reached total depth on 27 December 2019. The SH-9 well is currently being tested. GKP and its partner MOL will then review plans for gas management, in consultation with the Ministry of Natural Resources. In order to optimise the cost and production benefits from the drilling campaign, the sequence of wells will now be SH-L then SH-I, both of which will be drilled from the same pad and will produce into PF-2, which has available processing capacity. The rig is currently being mobilised to drill the SH-L production well. Full oil export from Shaikan via pipeline following commissioning of the PF-1 export line on 10 December 2019. Safety remains a core focus. However, following over 530 Lost Time Incident (“LTI”) free days, an LTI occurred in December as a result of a road traffic accident. Corporate Cash balance of $192 million as at 20 January 2020. The Company returned value to shareholders by paying dividends of $50 million in 2019 and to date repurchasing c.$35 million of shares out of $50 million in aggregate of share buyback programmes previously announced (with the Company today separately announcing its intention to complete the final $10 million tranche of such programmes). Ian Weatherdon joined the Company on 13 January as Chief Financial Officer and Executive Board member. Outlook With the continued development of the Shaikan Field, the Company expects to increase average production in 2020 by more than 30% year-on-year to 43,000-48,000 bopd. Debottlenecking and facility upgrades remain on schedule. On track to reach the 55,000 bopd gross production target at Shaikan in Q3 2020. Jon Ferrier, CEO, commented: “2019 saw GKP continue to realise the benefits of the Company’s recent turn around. In a year in which we returned significant value to shareholders, through both our maiden dividend and share buyback programmes, we also benefited from the increased operational tempo. This resulted in the first steps along the road to a significant production increase from Shaikan, and we are pleased to confirm today that we achieved our original 2019 gross production guidance. “Looking forward, the pace of the development of Shaikan continues with the drilling and investment in our facilities, in order to deliver our growth trajectory. With a robust balance sheet and confidence in regular payments, we expect to be fully funded for our work programme and continue to return value to shareholders.“ (Source: GKP) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 180 view(s)
  • BatmaninIraq's Avatar
    01-22-2020, 01:04 AM
    Tender Notice No. (2020/1) for the repeated announcement January 21, 2020 The Central Bank of Iraq announces its need to equip central preservation units for tapes and compact discs ( CDS ), and all specialized companies have the desire and ability to supply these units in accordance with the technical specifications and legal conditions prepared by this bank to send their people with an official authorization letter to the headquarters of the Central Bank of Iraq / object Rasheed Street , building No. ( 2 ) i ( 3 ) legal Department / contracts section Mstsahban with a message identifying the company and the archives of the original to obtain tender documents and the conditions for the sum of ( 100 , 000 ) dinars ( one hundred thousand dinars ) non - refundable will be the last date for delivery Bidding n Haah always official on Sunday , a brief summary of 2020 / 3 / 1 Provided that the bids are submitted in closed and sealed conditions with the company's seal, the name and number of the tender, the closing date of the tender and the name of the bidder, are written on the conditions.
    1 replies | 2406 view(s)
  • dollarsign's Avatar
    01-21-2020, 04:58 PM
    spent a ton of time in 777s, no complaints there! I seem to remember you had a tri-star gif long ago when you posted. Nothing for us to worry about, just anything from that time was drawn up when that rate was in place. I may spend all of Feb. on this thing! Don't know when the first bi monthly BIS session will be but hey, they don't have many days to work with. ​$
    30 replies | 25292 view(s)
  • ETA's Avatar
    01-21-2020, 04:35 PM
    there's only one of them left in service the 10-11 that means we'll be okay I'll take anything that's dependable Boeing has a lot of good aircraft I'll take a 777 or an 800 or 900 series I never buy a first-generation car I always let them work out the problems so that I have something dependable going on to your statement about really what is it in that 1997 amended document that we should worry about not that that would change anything just keeping my eyes peeled for what can go wrong I just like to also say I might have made a mistake earlier when I said you were 50% hound dog and 50%fox I think you're 90% Fox and 10% Hound thank you again
    30 replies | 25292 view(s)
  • Investors Iraq News's Avatar
    01-21-2020, 04:24 PM
    By John Lee. BP has reportedly finished its work at Iraq’s giant Kirkuk oilfield. According to Reuters, sources confirmed that the decision followed the expiration of its $100-million exploration contract at the end of December, at which point there was no agreement on the field’s expansion. It quotes a source at BP as saying: “In 2013, BP signed a letter of intent (LOI) with the North Oil Company of the Iraq Ministry of Oil to support field activity studies in Kirkuk. As planned, in December 2019 BP completed field work, studies and recommendations.” Another source said that the results of the study were “below expectations” and “not encouraging for BP to extend its operations.” Full report here. (Source: Reuters) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 448 view(s)
  • dollarsign's Avatar
    01-21-2020, 11:53 AM
    Dinar Airlines you are clear for takeoff on Runway 120 Will we be in an L1011? ​$
    30 replies | 25292 view(s)
  • dollarsign's Avatar
    01-21-2020, 11:32 AM
    https://cbi.iq/news/view/1399 According to the provisions of articles (87 and 88) of the Companies Act No. 21 of 1997 as amended, we are pleased to invite you to attend the General Assembly meeting on the morning of Monday a brief summary of 2020 / 2 / 10 at ten am in the Iraqi private banks object Association headquarters in Baghdad / Karada outside / yard obstacle Ben Nafeh M929G30 Building 24, to discuss the following agenda: Approving the report of the founders' committee and the company's founding expenses. Electing a board of directors of the company from the private sector, whose number is (5) five original members, and they are equal. We hope that you will attend or delegate one of the shareholders according to the letter of attorney or the power of attorney of others according to an agency issued by the notary public that the deputies or agencies be deposited with the Securities Commission located in Baghdad / Mansour at least three days before the meeting date and in the event that the quorum is not postponed the meeting to the next week at the same time and exact location , and a brief summary of 2/17/2020 ____________________ i'm adding this historical note... https://www.govinfo.gov/content/pkg/GOVPUB-T63_100-df6e98d19bcf6ba2d231a10f6c9d5260/pdf/GOVPUB-T63_100-df6e98d19bcf6ba2d231a10f6c9d5260.pdfING TREASURY REPORT RATES OF EXCHNAGE AS OF MARCH 31, 1997 COUNTRY-CURRENCY F.C.TO$1.00 IRAQ - DINAR 0.3100 They should really be careful about invoking 1997... $
    30 replies | 25292 view(s)
  • Investors Iraq News's Avatar
    01-21-2020, 02:57 AM
    Qatar Airways, Emirates and several other Persian Gulf airlines still fly in Iranian and Iraqi airspace and to cities in both countries since Iran and the United States traded military strikes. “Iranian airspace is important for all carriers in this region,” said Adil al-Ghaith, Emirates’ senior vice president, commercial operations, Persian Gulf, Middle East and Iran, Reuters reported. Dubai-based Emirates and sister carrier flyDubai together serve 10 cities in Iran and Iraq, and have continued to use the airspace of both countries for other flights. Kuwait Airways and Abu Dhabi-based Etihad Airways have also continued using Iranian and Iraqi airspace. “We will continue to fly to Iran because Iran is an important country to us and it is our neighbor and we want to serve the people of Iran,” Qatar Airways Chief Executive Akbar al-Baker said on the sidelines of a Kuwait air show. However, some regional carriers have changed their routes. Bahrain’s Gulf Air has redirected European flights away from Iraqi airspace and now flies longer, more fuel consuming routes over Saudi Arabia and Egypt. “We want to take the safest option even if it costs us a little bit more for a period of time. We can live with that,” Deputy Chief Executive Waleed Abdulhameed al-Alawi said. The UAE regulator told its carriers — Emirates, Etihad, flydubai and Air Arabia AIRA.DU — this month to “evaluate flight path risks” although it said it was up to the airlines to make the final decision on the routes they chose. (Source: Tasnim, under Creative Commons licence) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 530 view(s)
  • Investors Iraq News's Avatar
    01-21-2020, 02:57 AM
    By John Lee. A recently established tote bag factory has reportedly created jobs for 25 women in the Kurdistan Region’s Halabja. According to Rudaw, the initiative aims to promote alternatives to plastic, and is part of the “Green City Halabja” campaign, run by the NWE NGO and partially funded by the German Consulate and WADI organization. Click here to read the full story. (Source: Rudaw) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 383 view(s)
  • ETA's Avatar
    01-21-2020, 02:17 AM
    Tax runaway 1.20 People in Iraq demanding better government and jobs several months now The number two man Somali dead no more interference from this guy chapter 7 done with rules and regulations pertaining to banking in place Key individuals in the American system going to the bank of international settlements looks like the left hand is feed the right hand Countries around the globe looking for Solutions everybody's in- debt to their eyeballs 14 1/2 years have gone by now would be a good time Dinar Airlines you are clear for takeoff on Runway 120 I got a question for somebody out there if they can answer it when is Iraq's year-end or the first of the year for their budget and the last part of that question is when the bank of international settlements sits down for every 2 months is February 1st their first meeting for the year
    30 replies | 25292 view(s)
  • Investors Iraq News's Avatar
    01-21-2020, 12:52 AM
    From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq protests swell with youth angry at slow pace of reformProtests escalated across Iraq’s capital Baghdad as demonstrators sealed off streets with burning tyres in outrage at the government’s slow pace of reform. View on YouTube Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 468 view(s)
  • Investors Iraq News's Avatar
    01-21-2020, 12:52 AM
    By John Lee. The International Energy Agency (IEA) has warned that Iraq is a “potentially vulnerable” energy supplier. In its Oil Market Report, it says that in the medium term, “heightened security concerns might make it more difficult for Iraq to build production capacity“. More here. (Source: IEA) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 348 view(s)
  • BatmaninIraq's Avatar
    01-20-2020, 08:52 PM
    Deputy for Victory: The coming hours will see the next Prime Minister's mandate 13:15 - 20/01/2020 The information / Baghdad .. The deputy for Nada Shaker Jawdat, revealed on Monday that the political blocs have reached advanced stages regarding the selection of the prime minister, indicating that the next two days will witness the consignment of the next prime minister in a consensual manner. Jawdat said in a statement to the "information", that "the meetings between the political blocs have been going on around the clock for 10 days and have reached satisfactory solutions for all." She added, "The next two days will witness the appointment of the next Prime Minister by the President of the Republic, with the prime minister to be consensual." Jawdat explained, "The recent escalation in the protests is caused by the failure to end reform files in forming the government and taking measures to absorb the anger of the citizens." Finished / 25 d
    2 replies | 4718 view(s)
  • Investors Iraq News's Avatar
    01-20-2020, 11:55 AM
    By John Lee. Oil production is reported to have stopped at the 70,000-bpd Al Ahdab field on Sunday, as security guards seeking permanent employment blocked access to the site. According to Bloomberg, the 50,000-bpd Badra field is also at risk of closure from Monday. Al Ahdab is developed by China’s CNPC, while Badra is run by a consortium of Gazprom (30%), KOGAS (22.5%), Petronas (15%), TPAO (7.5%). (Source: Bloomberg) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 709 view(s)
  • Investors Iraq News's Avatar
    01-20-2020, 11:55 AM
    UN Iraq Representative urges renewed push for reform, calls for demonstrations to remain peacefulWith public demonstrations across many parts of Iraq in their fourth month, the Special Representative of the United Nations Secretary-General for Iraq, Jeanine Hennis-Plasschaert, is urging a renewed push for reform and expressing concern about ongoing human rights violations. She emphasizes the importance of pressing ahead to meet the needs of the Iraqi people: building resilience at the state and societal level is challenging but essential work. “In recent months, hundreds of thousands of Iraqis from all walks of life have taken to the streets to voice their hopes for better times, free from corruption, partisan interests and foreign interference. The killing and injury of peaceful protesters, combined with long years of undelivered promises, have resulted in a major crisis of confidence.” Two months after the Prime Minister announced his resignation, political leaders remain unable to agree on the way forward. While there was public acknowledgement by all actors that urgent reform is needed, it is now high time to put these words into action and to avoid further derailing of these protests by those pursuing their own objectives, not wishing well for this country and its people. “Any steps taken so far to address the people’s concerns will remain hollow, if they are not completed. Domestic unity, cohesion and determination are urgently necessary to build resilience against narrow partisan interests, foreign interference and/or criminal elements which actively seek to hinder Iraq’s stability.” The recent escalation in regional tensions has understandably taken much attention away from urgent unfinished domestic business. However, geopolitical developments must not eclipse the rightful demands of the Iraqi people. This will only further fuel public anger and distrust. The Special Representative urges the Iraqi authorities to do everything to protect peaceful demonstrators. “Violent suppression of peaceful protesters is intolerable and must be avoided at all costs. Nothing is more damaging than a climate of fear. Accountability and justice for victims is critical to building trust, legitimacy and resilience.” She calls on protesters to remain peaceful, avoiding counterproductive violence and destruction of property. (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 458 view(s)
  • Investors Iraq News's Avatar
    01-20-2020, 12:58 AM
    By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Abdul Mahdi urges Kurds to help rid Iraq of US troopsIraqi caretaker Prime Minister Adel Abdul Mahdi arrived Jan. 11 in Erbil — his first official visit to the Kurdistan region since taking office — to discuss the country’s stability and the need for Kurdistan to cooperate with a push to expel US forces. Iranian President Hassan Rouhani tweeted Jan. 8 that Iran will “kick all US forces out of the region” in response to the Jan. 3 killing by US forces of Qasem Soleimani, chief commander of the Quds Force in Iran’s Islamic Revolutionary Guard Corps, and Abu Mahdi al-Muhandis, deputy head of Iraq’s Popular Mobilization Units. Click here to read the full story. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 736 view(s)
  • Investors Iraq News's Avatar
    01-20-2020, 12:58 AM
    Denmark Grants Additional USD 4.4 Million for Explosive Hazard Management in Retaken Areas of IraqThe United Nations Mine Action Service (UNMAS) in Iraq welcomes an additional contribution of DKK 29.5 million (over USD 4.4 million) from the Government of Denmark to further enable stabilization and humanitarian efforts through explosive hazard management in retaken areas of Iraq. With this contribution UNMAS will be able to better support the safe, dignified, and voluntary return of displaced communities, as well as permit rehabilitation and reconstruction efforts to proceed. UNMAS in Iraq is working closely with the United Nations system and the Government of Iraq to enable humanitarian and stabilization efforts by providing survey and clearance activities of explosive hazards. As part of its response to the mine action needs of the country, UNMAS also undertakes risk education initiatives targeting vulnerable women, men, and children who live in retaken areas. This ensures that local citizens are informed of the dangers posed by explosive hazards, and are aware of suspicous items. In addition, UNMAS also works with the Government of Iraq to provide technical support to the Ministry of Interior and national mine action authorities with trainings on Explosive Ordnance Disposal/Improvised Explosive Device Disposal and Explosive Hazard First Responder. In connection with the Danish support, the Danish Foreign Minister, Jeppe Kofod (pictured), stated: ”Denmark has been a long-time supporter for UNMAS and their important work in Iraq. It is my hope that the additional Danish support will facilitate the return of IDPs to areas previously taken by ISIL and help to stabilise Iraq. Denmark remains committed to the long-term stabilisation efforts in Iraq.” Pehr Lodhammar, UNMAS Iraq Senior Programme Manager, said: “Through its continuous support and close collaboration with UNMAS, the Government of Denmark is helping to reduce the threat posed by explosive hazards, including improvised explosive devices, to the Iraqi people, thereby enhancing community safety and facilitating the return of displaced people to their homes.” The Government of Denmark is an essential contributor to UNMAS explosive hazard management activities in Iraq. This latest contribution brings to DKK 148 million (more than USD 22 million) the total amount of funds donated since 2016. Additional donations are planned for 2020 and 2021. (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 573 view(s)
  • BatmaninIraq's Avatar
    01-19-2020, 09:49 PM
    This might to happened E currency to Iraq
    3 replies | 3014 view(s)
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