The Province of Karbala is negotiating with Hyundai Motors regarding the construction of mobile electricity plants to serve areas suffering most from blackouts, according to a report from Azzaman. Governor Amaludeen al-Hir said the two sides were discussing building several generators powered by fuel oil, that can withstand the country’s tough weather conditions, particularly the […]
Austrian Airlines resumed flights to Baghdad for the first time in 21 years today (Wednesday), with the launch of its Vienna to Baghdad route. The Austrian carrier is the first western European airline to fly to the Iraqi capital of Baghdad, its second destination in Iraq after Erbil. Austrian Airlines originally introduced a Vienna-Baghdad route […]
On May 30 Rabee Securities’ new office in Erbil successfully connected to the ISX network and began trading. This was an important step forward for the stock exchange. For the first time, a brokerage branch outside Baghdad is now online. In a country like Iraq, the expansion of brokers’ branch networks to other cities is […]
Iraq's Ministry of Finance and Central Bank announced on Tuesday that Iraq will provide Islamic banking services in major banks owned by the state, under a plan worth $42 million which will be implemented this month. The Finance Ministry said on its website that Islamic transactions will be facilitated in the Rafidain and Al-Rasheed banks […]
By Layth Mahdi, Agricultural Advisor. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Agricultural development plays a key role in achieving human well-being, maintains food security, reduces poverty and mitigates violence. In addition, it contributes to the protection of natural resources, environmental stability and […]
Iraq's Ministry of Agriculture has reportedly contracted with a US company to supply modern irrigation technology and greenhouses. IPA reports that the company involved is Valmont Industries, which is based in Omaha, Nebraska. The general manager of the company, David Forshaw said, "The introduction of this technology is considered a real revolution. It will address […]
On Wednesday 29th June, the Middle East Association will be holding a Breakfast Briefing on ‘The Future of Gas in the Middle East and North Africa’, the second event of our energy series. The global energy markets are transforming and this is no more the case than in the Middle East and North Africa. Accounting […]
The Middle East Association, in partnership with Ameera Health, cordially invite you to Business Briefing and Networking Reception examining the Healthcare Sector in the MENA Region at Bury House on Tuesday 5th July. British companies are at the forefront of developments in the healthcare industry in the Middle East and North Africa. The UK medical […]
The following article was published on Tuesday by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq […]
On 6 June, the European Union and Government of Iraq launched a major programme to improve the future of young Iraqis. The programme will be implemented though the British Council, the United Kingdom’s international cultural and educational agency. It will: Improve education standards in 1,700 schools through improved teacher training. This will benefit 800,000 pupils […]
