Tag Archives | Lebanon

Iraqi “First Digital-Only Payment Card”

Iraq-based International Network for Cards and Digital Payment Services (INC Iraq) and a Lebanese fintech startup NymCard that is digitizing how payments cards are issued, delivered, and used, in collaboration with Visa have launched the first digital-only (prepaid) payment card ‘Neo‘ in Iraq to serve the underbanked Iraqi population, the two companies announced in a […]

Iraq, Lebanon, keen to Cooperate in Banking

By John Lee. On Wednesday, the Lebanese President, General Michel Aoun, welcomed the Vice President of Iraq, former Iraqi Prime Minister, Dr. Iyad Allawi, with whom he discussed the bolstering of Lebanese-Iraqi relations in all areas, especially on economic matters. Following his meeting with President Aoun, Xinhua quotes Vice President Allawi as saying: “We have […]

Iraq commits to further Advancing the Digital Economy

Iraq, Jordan and Lebanon have committed to digitally transform their countries, discussing their roadmaps to support the Mashreq region’s integration into the rapidly evolving global digital economy. The commitments came on the first day of the landmark, high-level forum on Digital Economy and Entrepreneurship Development in Mashreq, which was  hosted by the Government of Jordan […]

Lebanon calls for Restoration of Iraq Oil Pipeline

By John Lee. The Speaker of the Lebanese Parliament has reportedly called for the restoration of an oil pipeline between Iraq and Lebanon, which ceased operation during the Iran-Iraq war more than 30 years ago. On the last of a four-day visit to Iraq, during which he met with Iraqi President Barham Salih, Nabih Berri […]

Iraq hosts Lebanese Business Delegation

By John Lee. A delegation of major Lebanese companies have arrived in Baghdad for a series of meetings with Iraq’s National Investment Commission (NIC). The were accompanied the Lebanese Minister of Telecommunications, Dr. Muhamed Shuqair, and the opening meeting was attended by the Iraqi Minister of telecommunications, Dr. Naeem Al- Rubaiee; NIC Chairman, Dr. Sami […]

Iraq-Lebanon Oil Pipeline expected back in Service

By John Lee. Reports from Lebanon suggest that an old pipeline between Iraq’s Kirkuk oilfield and the Lebanese city of Tripoli is expected to be brought back into service. Cesar Abi Khalil (pictured), Lebanon’s Acting Minister for Energy and Water, is quoted as saying that Lebanon is in contact with officials in Iraq and Syria […]

KRG PM Barzani receives Lebanese Delegation

KRG Prime Minister Nechirvan Barzani received Lebanese Minister of Foreign Affairs Gebran Bassil, Minister of State for Combating Corruption Nicolas Tueni, and their accompanying delegation. In the meeting, also attended by Kurdistan Regional Government ministers and senior officials, they discussed the political situation in Iraq including the post-election process, and the formation of the new […]

Iran-backed PMU Militias Raising Profile

By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  In Iraq, tension between the US-led coalition and armed groups linked to Iran has risen in recent months. For example, the United States sanctioned key representatives of Lebanese militant group Hezbollah on […]

Mueller witness “Helped Broker” $4.2bn Iraq-Russia Arms Deal

By Laura Rozen for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The dealmaker: Mueller witness helped broker $4.2 billion Iraq-Russia arms deal A Lebanese-American businessman reported to be cooperating with Special Counsel Robert Mueller’s Russia probe helped broker a controversial 2012 Iraq-Russia arms deal valued at […]

Corruption Probes: Iraq takes Custody of Officials

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Iraq is boosting its efforts to extradite fugitives wanted in corruption cases. On Jan. 25, Iraqi authorities in cooperation with Interpol took custody of former Trade Minister Abdel […]

Iranian Universities enter Iraq

By Zep Kalb for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. In the aftermath of the US-led invasion of Iraq in 2003, the country’s educational system all but collapsed. Illiteracy rates have exploded. Universities have turned into sectarian battlegrounds. Systemic violence — including beatings, rape and […]