Iraq Completes Airport Communication System

By John Lee. Iraq's General Company for Air Navigation Services has reportedly announced the completion and activation of its new AMHS ground-to-ground communications system. AMHS (Air Traffic Services Message Handling Services) is a standard for aeronautical ground-ground communications, such as for the transmission of NOTAM, flight plans or meteorological data. According to the report from […]

Iraq plans to open Embassy in Dublin

By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Among the items agreed was a decision to approve a recommendation from the Ministry of Foreign Affairs to open an embassy in the Irish capital Dublin, instead of a general consulate. A decision to open […]

Iraq to provide Lebanon with Fuel for Another Year

By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq agrees to provide Lebanon with fuel for another year Lebanon's fuel crisis is showing no signs of letting up, but an exchange with Iraq is keeping one source flowing. Click […]

Innovative Tools to Monitor Water Productivity in Iraq

New agreement between Ministry of Water Resources and FAO introduces innovative tools to monitor water productivity in Iraq The Food and Agriculture Organization of the United Nations (FAO) in Iraq and the Ministry of Water Resources launched yesterday the project Monitoring Water Productivity using Remote Sensing, as part of a global programme, WaPOR phase II, […]

Iraq's Economic Capital "engulfed in Trash"

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi economic capital engulfed in trash, suffers from dilapidated electricity Home to Iraq's richest oil wells, Basra should have wealth and development to rival the Emirates. Instead, the southern province is one of Iraq's […]

New Report: Migration, Environment, and Climate Change in Iraq

By John Lee. Iraq has been named the fifth-most vulnerable country to climate breakdown, affected by soaring temperatures, insufficient and diminishing rainfall, intensified droughts and water scarcity, frequent sand and dust storms, and flooding. Compounding this, water policies in neighbouing countries have shrunk vital water sources, while rapid population growth, urbanization, and inefficient water use […]

What the Russia-Ukraine War means for Iraqi Kurdistan

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What the Russia-Ukraine war means for Iraqi Kurdistan Russia's invasion of Ukraine has had wide-ranging economic, political, and social consequences around the world, including in Iraqi Kurdistan. Food and fuel prices have increased […]

Iraq-Bangladesh Trade grows Four-Fold

By John Lee. Trade between Iraq and Bangladesh has increases four-fold in the past two years, according to a statement from the Bangladeshi Ministry of Foreign Affairs. Meanwhile, The Business Standard reports that about 80 percent of the dates in the Bangladeshi market come from Iraq, which has increased to about $26 million in the […]

Midea Group announces Expansion into Iraq

Chinese electrical appliance manufacturer Midea Group has appointed Al Hafidh as its distributor in Iraq. According to a press release, Al Hafidh is one of the biggest Iraqi-owned conglomerates, while Al Hafidth Home Appliances is widely recognized for its uncompromising commitment to quality and excellence and for being a customer-centric business organization. Distribution is scheduled […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th August 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD877 (-1.4%) / $764 (-1.4%) (weekly change) (-4.5% and -5.1% YTD change, respectively). The number of week traded […]

DNO Raises Kurdistan Output Forecast

DNO ASA, the Norwegian oil and gas operator, today reported strong second quarter operational and financial results powered by high oil and gas prices and by solid production in its operated flagship Kurdistan Tawke license. Spurred by quarterly revenue of USD 361 million and free cash flow of USD 167 million, the Company reduced debt […]