SMEs to be Tax Free for 10 Years

By John Lee. The Iraqi Government has said it will exempt small- and medium-sized businesses (SMEs) from income tax for ten years. In a statement, it said: “The government announced a draft amendment to Income Tax Law No. 113 of  1982 to exempt several groups on low-income from paying income tax. “The proposed amendment also […]

Cabinet Approves $25m Desalination Project

By John Lee. The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. It authorised the Ministries of Education, Higher Education and Scientific Research, other ministries, public bodies and local councils to recruit holders of post- graduate degrees, and to exempt this round of recruitment […]

Iraqi Govt to Lower Retirement Age

By John Lee. The Iraqi Government has announced a reduction in the retirement age. In a statement, it said: “The Iraqi government is also proposing amending Retirement Law number (9) of 2014 to include:  Reducing the retirement age for all state employees to 60 years, except for those working in the university sector where the […]

UNAMI Report on Iraqi Demonstrations

A special report, prepared by the Human Rights Office of UNAMI, outlines key human rights concerns regarding the demonstrations that occurred in Iraq from 1 to 9 October 2019. UNAMI’s interim findings indicate that serious human rights violations and abuses have been committed during the recent protests. The report contains a set of recommendations and […]

IBBC hosts Deputy Speaker to Iraqi Parliament

Baroness Nicholson and IBBC host Deputy speaker to Iraqi parliament and MP’s to discuss business in Iraq. The Iraq Britain Business Council (IBBC) hosted a meeting in the Houses of Parliament with Mr Bashar Tawfeeq the Deputy Speaker, Mr Gates Alrikabi in the State of Law block, Mr Hussein Almaliky a member of the Foreign […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Monitoring, Evaluation, Accountability and Learning (MEAL) Manager, Première Urgence Internationale (PUI) Logistics Coordinator, International Medical Corps Program Manager, Management Systems International (MSI) Deputy Field Program Representative, Management Systems International (MSI) Senior Procurement and Inventory Manager, Mines Advisory Group (MAG) Project Manager, Agency for […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: MEAL Coordinator, Première Urgence Internationale (PUI) Human Resources Officer, Norwegian Refugee Council (NRC) Electricity Management Consultant, Development Alternatives, Inc. (DAI) Security Assistant, WFP – World Food Programme Travel Protocol Assistant, WHO – World Health Organization Team Leader- Livelihoods, Danish Refugee Council (DRC) […]

Jiyad: EITI Restores Iraq’s Compliance Status

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. EITI Restores Iraq’s Compliance Status, with Conditions Attached The board of the Extractive Industries Transparency Initiative (EITI) decided on 16 October 2019 to reinstated Iraq status as a “compliant” country in conformity […]

Parker Drilling Wins Contract at Qara Dagh

Genel Energy has announced the signing of a contract with Parker Drilling for the drilling of the QD-2 well on the Qara Dagh field (Genel 40% working interest, operator), in the Kurdistan Region of Iraq. The QD-2 well will test the structural crest 10 km to the north-west of the QD-1 well, which tested sweet, […]

Iraqi Parliamentary Delegation meets IBBC

By John Lee. An Iraqi parliamentary delegation headed by Dr. Bashir Khalil Al-Haddad met in London last week with Baroness Emma Nicholson, President of the Iraq Britain Business Council (IBBC). In discussion with members of the Council, they exchanged views on the expansion of foreign investment in Iraq, as well as further cooperation between Iraqi […]

Govt to Incentivise Electricity Distribution

By John Lee. The Iraqi Government has announced new measures intended to stimulate job creation in the electricity distribution industry. In a statement, it said: “Training courses lasting for 3 months or longer in the area of  maintenance of electrical transformers used in the electricity distribution sector in Iraq. The courses will be tailor-made for […]

MSF providing Care in Iraq to Syrian Refugees

By John Lee. Doctors Without Borders /Médecins Sans Frontières (MSF) has issued a statement on the situation along the Iraq-Syria border: As people continue to flee conflict in northeast Syria for Iraq, Médecins Sans Frontières (MSF) has launched medical activities at one site receiving refugees in Iraq along the border with Syria and has assessed […]