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IMF says 8 Percent Real GDP Growth in Iraq
Iraq: Staff Concluding Statement of the 2022 Article IV Consultation Mission: A Concluding Statement describes ...
IMF says 8 Percent Real GDP Growth in Iraq
Iraq: Staff Concluding Statement of the 2022 Article IV Consultation Mission: A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or 'mission'), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles […]
Foundation Stone laid for first British University in Erbil
KRG Prime Minister Masrour Barzani laid the foundation stone for the British campus of the University of London in Erbil. Prime Minister Barzani stated the Kurdistan Regional Government's (KRG) Ninth Cabinet has prioritized developing its education sector and highlighted the efforts taken to expand and evolve academic studies across the Kurdistan Region. "I am pleased […]
Contract Signed for New Solar Power Station in Erbil
The KRG's Minister of Electricity, Kamal Mohammed, signed a contract with with "Pluto Otto Cycle company" on Monday to build a solar power station in Erbil province. The minister signed the deal with the company to set up a 25-megawatt solar power station. The project will be implemented within 90 days and will produce 25 […]
iQ becomes First Official Partner of Tencent in Iraq
Today, iQ proudly reveals its groundbreaking partnership with Tencent. In a bid to improve gaming latency and establish itself as a telecommunication pioneer, iQ has become the gaming publisher's first partner in Iraq, as well as one of its few partners in the region. iQ will provide Tencent with powerful servers and unmatched connectivity to […]
Tabaqchali: Supermarkets and Stability
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq Market Report: Supermarkets and Stability The market, as measured by the Rabee Securities RSISX USD Index, was down 4.2%, and down 2.9% for the year. The […]
KRG's New e-Procurement Portal Launched
KRG Prime Minister Masrour Barzani has welcomed the launch of the KRG's first e-procurement portal, introducing transparency and accountability to public tenders in ways that bring more efficiencies to public finances; support the emergence of small and medium businesses, and allow us to incubate new industries to accelerate our reform agenda. In a statement, the […]
Will Saudi Investment Pledges in Iraq Overcome Barriers?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Saudi investment pledges in Iraq overcome barriers? After years of estrangement caused primarily by political reasons, Saudi Arabia is returning to Iraq and looking to invest in its neighbor. This will likely […]
Can Iraq's New Govt Reform the Corrupt System?
By Dr Renad Mansour and Hayder Al-Shakeri for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq's new government reform the corrupt system? Prime Minister Mohammed Shia al-Sudani must address politically sanctioned corruption head-on, or he risks falling into the same […]
Iraqi Parliament Approves final Two Cabinet Ministers
By John Lee. Iraq's parliament has reportedly approved two candidates for the two remaining vacant ministries in Prime Minister Mohammed Shia al-Sudani's cabinet. The KDP's Bangin Rekani was approved as the Minister of Construction and Housing, while the PUK's Nizar Mohammed [Nizar Amedi] was confirmed as the Minister of the Environment. These two appointments, both […]
KRG launches New Anti-Corruption Hotline
The Kurdistan Regional Government have officially launched a special hotline to receive complaints about corruption and wrongdoings committed by national and state institutions and officials. It is being led by the Kurdistan Region of Iraq's Commission of Integrity, an independent government body responsible for fighting corruption. The hotline was launched at an event in Erbil […]
ScopeSky wins Contract with UNAMI
By John Lee. Iraqi-based IT company ScopeSky has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI), for the supply of communication services over the coming year. The contract is valued at $173,925. (Source: UN)
Iraqi Innovators Launches First Event in London
In an effort to build an international community of supporters and allies for Iraq's startup sector, Iraqi Innovators held its first in-person event in London on 25th November 2022. The day began with a presentation by co-founders Amara Bandukada and Zahra Shah explaining the work of Iraqi Innovators and providing an overview of the Iraqi […]