Tag Archives | mn

Market Review: “An Ugsome Ugly Month”

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi market, as measured by the Rabee Securities RSISUSD Index, declined by -9.7% in February, taking the year to date decline to -12.5%. February’s […]

UK Company keen to build Solar Energy Plants in Iraq

By John Lee. Oil Minister Thamer Al-Ghadhban met on Monday with Richard Crow, the Director of Development for the Middle East and North Africa at Shire Oak International. During the meeting, they discussed prospects for joint cooperation in developing Iraq’s renewable energy sector. Mr Crow expressed his company’s desire to develop the country’s energy sector […]

AMAR’s Women Work Wonders

By Kate Denereaz, for the AMAR International Charitable Foundation. Work is a huge part of our lives. It provides security, meaning and a sense of belonging. It’s part of who we are. Many AMAR staff, like the people they serve, have been displaced by war and violence. Working for AMAR provides structure and a semblance […]

“Draconian” Cybercrimes Law threatens Freedom of Expression

A new cybercrimes law that would impose heavy prison sentences and hefty fines against peaceful critics who express themselves online would be a devastating setback for freedom of expression in Iraq, Amnesty International has said. The organization has highlighted its serious concern over the draft “Law on Information Technology Crimes” in an open letter signed […]

KDP-PUK Deal paves way for New Kurdistan Govt

By John Lee. The Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) have reportedly signed a four-year political agreement which includes measures to speed up the formation of the new Kurdistan Regional Government (KRG). According to a report from Rudaw, KDP deputy president Nechirvan Barzani and the PUK’s acting leader Kosrat Rasul Ali […]

Japan donates $3.4m for Children in Iraq

The government of Japan has donated US$3.4 million to provide lifesaving health and nutrition assistance for vulnerable children in conflict affected areas in Iraq. Approximately 4.2 million people have returned to their homes after fleeing the violence that erupted in 2014, however many find their homes and communities have been reduced to rubbles and essential […]

Iraq Oil Exports Down Slightly in February

By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for February of 101,387,615 barrels, giving an average for the month of 3.621 million barrels per day (bpd), down from the 3.649 bpd exported in January. These exports from the oilfields in central and southern Iraq amounted to 99,120,006 barrels, while exports from […]

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th February 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD577 (-4.6%) / $621 (-4.4%) (weekly change) (-12.5% and -12.5% YTD change, respectively). The number of week traded […]

First IoT Competition for Iraqi University Students

By John Lee. Zain Iraq and Ericsson have announced an Internet of Things (IoT) competition for university students in Iraq. The first-of-its-kind competition will run for six weeks during which the students are invited to present use cases to address the possibilities of 5G-IoT and industry digitalization and ultimately capture their full business potential. The […]

Italy gives another $2.7m for Stabilisation in Iraq

Support for Iraq stabilization continues with EUR 2.4 million contribution from Italy The Government of Italy has contributed an additional USD 2.7 million (EUR 2.4 million) to UNDP’s Funding Facility for Stabilization (FFS) supporting communities affected by the Islamic State of Iraq and the Levant (ISIL), taking its total contribution to USD 12.9 million. “Iraq […]