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KRG signs 47 Contracts to Renovate Historic Sites
The Kurdistan Region's Directorate General of Antiquities and Heritage in 2022 has signed 47 contracts ...
KRG signs 47 Contracts to Renovate Historic Sites
The Kurdistan Region's Directorate General of Antiquities and Heritage in 2022 has signed 47 contracts with universities and foreign organizations to develop and renovate archaeological sites, recording the highest number of agreements in the history of KRG in the related field. The projects, which formed by 33 new agreements and reviving 14 contracts, focus on […]
New Grain Silo approved for Wasit
By John Lee. The Board of Directors of Iraq's General Company for Grain Trading, which is owned by the Ministry of Trade, as approved the building of a 100,000-ton grain silo in Wasit Governorate. The Chairman and General Manager, Dr. Haider Nouri Al-Karaawi, said the decision supports efforts to strengthen grain storage capacities nationwide in […]
Morocco Opens Embassy in Baghdad
By John Lee. The reopening of Morocco's embassy in Baghdad will be a starting point for the partnership between the two countries, according to a statement from Iraq's Ministry of Foreign Affairs. Iraq's Deputy Prime Minister and Foreign Minister, Fuad Hussein, confirmed a new generation of diplomatic interaction between Iraq and Morocco, at a reception […]
Iraqi PM meets French Aircraft and Defense Companies
By John Lee. On Friday, Iraqi Prime Minister Al-Sudani met with representatives of the French companies Thales, Dassault and Airbus. During the meetings, they discussed providing Iraq with specialized radars, Rafale combat aircraft, Falcon civil aircraft, and combat and specialized helicopters for the benefit of the Iraqi Air Force and Civil Aviation. These measures are […]
Trafigura "Ends Oil Deal with Iraqi Kurdistan"
By John Lee. Singaporean/Swiss-based commodity trader Trafigura has reportedly ended its relationship with the Kurdistan Regional Government (KRG). According to a report from Bloomberg, the decision follows the KRG's refusal to renegotiate the terms of the contract, following a drop in the price of Kurdish oil. KRG Minister Masrour Barzani is also said to have […]
UNESCO and Japan supporting Training in Mosul
UNESCO and Government of Japan sign agreement to support Technical Vocational Education and Training, and Prevention of Violent Extremism through Education for youth in Mosul, Ninewa UNESCO and Government of Japan signed an agreement in support of the project "Enhancing youth Employability and Resilience for Peace in Ninewa". Futoshi Matsumoto, Japan's Ambassador to Iraq and […]
Iraq Retains Poor Ranking in Corruption Perceptions Index
By John Lee. Transparency International has said that Iraq has maintained its ranking and score in the global Corruption Perceptions Index (CPI) for 2022. From a total of 180 countries, Iraq came in at number 157, the same position as last year. This result puts it on equal ranking with Honduras, Myanmar and Zimbabwe. Denmark […]
Iraq: Staving Off Instability in the Near and Distant Futures
From International Crisis Group. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Staving Off Instability in the Near and Distant Futures Iraq has a new government after months of delay, but various challenges to stability persist. In this excerpt from the Watch […]
New Industrial Zone to be built in Duhok
By John Lee. A new industrial zone is to be built in Duhok province. The project consists of five areas and covers an area of 300 dunams [30 hectares; 74 acres], at a cost of more than $ 62 million. Three of the five areas of the project have been completed which include, according to […]
"Makers of Baghdad" Innovation Hub Launched
New Iraqi brand Makers of Baghdad has been launched at Makers' premises in Baghdad. Makers (formerly IoT Maker) is an innovation hub that provides technical qualifications, and job acceleration programs for the youth to create job opportunities in the field of Information technology, and encourage them to develop their startups. The methods used vary from […]
Baghdad Loses Green Space to Real Estate Boom
By Jane Arraf and Yasmine Mosimann, for the New York Times. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Loses Green Space to Real Estate Boom The problem is driving up temperatures in what is already one of the hottest cities in the […]
GKP announces 2023 Guidance, New Chair
Gulf Keystone Petroleum (GKP) has provided an operational and corporate update today. The information contained in this announcement has not been audited and may be subject to further review. Jon Harris, Gulf Keystone's Chief Executive Officer, said: "2022 was a strong year for GKP, in which we made progress on multiple fronts that will position […]