EXIM signs MoU with Iraq

By John Lee. The Export-Import Bank of the United States (EXIM) has entered into a memorandum of understanding (MOU) with the Ministry of Finance of the government of Iraq aimed at rebuilding Iraq and enhancing trade and economic cooperation between the two countries. The MOU replaces the previous agreement signed in Kuwait in February 2018 […]

UNOPS, Japan providing Renewable Energy in Iraq

By John Lee. To improve living conditions for returnee populations living in newly liberated areas, UNOPS – with funding from the government of Japan – is helping to provide renewable energy and emergency waste disposal services in three Iraqi governorates. “[This project] comes at a time when Iraq is counting on its friends to recover […]

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: 17th October 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD649 (+0.4%) / $698 (+0.4%) (weekly change) (-1.5% and -1.7% YTD change, respectively). The number of week traded […]

Iraq’s Credit Profile “Constrained”

By John Lee. Iraq’s (Caa1 stable) credit challenges include very weak institutions and governance that limit policy effectiveness, constrain the government’s capacity to respond to external and domestic shocks and weigh on economic competitiveness, Moody’s Investors Service said in a report this week. It says last year’s improvement in the fiscal and external balances was […]

61 Iraqi Officials Sacked over Protests

The Iraqi cabinet has sacked 61 officials over recent protests that killed more than 100 people and injured thousands earlier this month, Anadolu reports. Leaked documents obtained by Anadolu Agency showed that the decision was taken during a cabinet meeting on Oct. 14. Protests rocked the capital Baghdad and southern provinces earlier this month against […]

New Career Opportunities in Iraq

By John Lee. The United Nations has advertised new positions in Iraq: Country Logistics Officer, Agency for Technical Cooperation and Development (ACTED) Finance and Administrative Officer, ICMP – International Commission on Missing Persons Senior Technical Advisor, International Business and Technical Consultants, Inc. (IBTCI) Programme Specialist (ED & IG), UNDP – United Nations Development Programme Development […]

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Activating Markets and Agricultural Livelihoods (AMAL) Project Manager, Norwegian Refugee Council (NRC) National Project Coordinator, ILO – International Labour Organization ICT Specialist – System Support, UNOPS – United Nations Office for Project Services Communications / Social Network Associate, UNOPS – United Nations […]

FAO, WFP support Sustainable Livelihoods in Iraq

Today on World Food Day, the Food and Agriculture Organization of the United Nations (FAO) and the United Nations World Food Programme (WFP) renewed their commitment to supporting the government of Iraq in ensuring that all Iraqis have food security by 2030, with a focus on nutritious food and sustainable livelihoods. “World Food Day is […]