Tag Archives | Lebanon

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 […]

Dual Nationality allows Iraqi Officials to Escape Abroad

By Rabih Nader for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Lebanese authorities arrested a former Iraqi minister who was wanted by Interpol at the airport in Beirut Sept. 8. The identity of the minister has not been released yet, but Lebanese […]

Ex-Iraqi Minister arrested in Beirut

Lebanese security services arrested have reportedly arrested the former Iraqi trade minister, Abdul-Fallah al-Sudani [Abd al-Falah al-Sudani], who is convicted of corruption. Sudani, who is wanted by Interpol, was arrested in Beirut Rafic Hariri International Airport (pictured) on 10th September. In 2012, Sudani was convicted of embezzlement in absentia and sentenced to seven years in […]

Govt & Industry Leaders: Iraq’s Economic Capital Ready for Business

Advertising Feature Key figures of the Iraqi Government and Ministries have confirmed their attendance at the annual Basra Oil, Gas & Infrastructure Conference due to take place on 30-31 October in Beirut, to highlight the current investment projects available in Basra’s multiple industries and facilitate a direct dialogue towards promoting further business in Iraq’s Economic […]

Iranian University to Open Branches in Iraq

Iran‘s Islamic Azad University (IAU) seeks to boost cooperation with the neighboring countries and allies, a senior official at the 35-year-old organization said, unveiling plans for opening new branches in Iraq and Lebanon. Head of the Founding Council and Board of Trustees of the Islamic Azad University Ali Akbar Velayati said on Tuesday that his […]

Kurdistan Referendum puts Iran at Crossroads

By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As Iraqi Kurds try to iron out internal differences ahead of their referendum on independence in September, Turkey, Iraq and Iran have all announced their opposition, questioning the timing and fearing the implications of such […]

Dinar Counterfeiting Ring Busted

By John Lee. Authorities in Iraq have reportedly announced the arrest a gang believed to have forged Iraqi dinars worth “billions of dollars“. According to The New Arab, the mafia-like network with Lebanese links was detained after a woman arrested at the Baghdad Airport confessed to involvement with counterfeiting money. (Source: The New Arab)

Lebanon to Increase Economic Cooperation with Kurdistan

The Head of KRG Foreign Relations, Minister Falah Mustafa, yesterday received Lebanese Chargé D’affaires in Iraq Mr. Walid Ghoussaini. The Lebanese Chargé D’affaires gave an overview of the participation of the Lebanese companies in the economic development of the Kurdistan Region and highlighted the desire of the Lebanese companies to broaden the scope of their […]

Hashd al Shaabi Heads Meet Western Delegation

By Jean Aziz for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  A hotel in Beirut was the scene of a series of secret meetings Aug. 8-11 between a diplomatic delegation that included representatives from Western countries and nongovernmental organizations (NGOs), and a delegation […]

$375m Financing Deal for Power Sector

By John Lee. Dimitris Tsitsiragos, the Vice President of the World Bank‘s private sector investment arm, told Reuters on Thursday that the bank had arranged $375 million in financing for an Iraqi power company. The International Finance Corporation (IFC) will provide a debt and equity package of $250 million, with another $125 million from Lebanon’s […]