Tag Archives | Economic Diversification

Iraq is Back in Business, According to Wyndham Group

By Simon Kent. Foreign Direct Investment (FDI) is rising again in Iraq, The Wall Street Journal reports. The piece notes General Electric’s billion dollar contract in January, which is of course government spending, to highlight how multi-nationals are increasingly confident as the self declared Islamic State begins to collapse. The piece also notes how FDI is […]

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The Foundations of Thi Qar

By Robert Tollast, Iraq analyst with The Brecon Group. Standing on the Ziggurat, an impressive religious temple from the Sumerian period which was largely restored in the 1980s, you can still see solidified tar seeping out from the several thousand year old brickwork. In fact “qar” in the province’s name refers to tar that was […]

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Iraqi Cabinet Approves Budget Reforms

By Mustafa al Kadhimi for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the opinions of Iraq Business News. On Dec. 23, Iraq’s Cabinet approved and submitted the 2015 federal budget to parliament. This development occurred following months of study to review and reduce the initial budget’s large […]

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