By John Lee. Iraq’s Free Zone Authority (FZA), an independent authority under the Ministry of Finance, has signed an agreement with the City Centre for Vehicles Services Company to approve a new free zone in Baghdad. The Director General of the Authority, Sabah Salih al-Qaisi (pictured), said the new free zone would be in the Awiridj […]
By John Lee. The National Council of Resistance of Iran reports that the Iraqi Deputy Prime Minister, Saleh al-Mutlaq (pictured), has submitted his resignation on Monday. Iraqi member of parliament Mr. Raad al-Dahlaki, reportedly told Iraqi news outlets on Monday: "The leaders of Al-Iraqiya held a meeting on Monday in the house of Mr. Ayad Allawi […]
By John Lee. Reuters reports that Iraq cut its gold holdings by a quarter in November. Data from the International Monetary Fund (IMF) showed that the country's stocks fell to 29.9 tonnes. (Source: Reuters)
Since August 2010 the UNFPA Iraq Country Office has been supporting nine staff of the Iraqi Central Statistical Organization (CSO) and Kurdistan Regional Statistical Office (KRSO) to get their Master’s and PhD degrees in Demography and Statistics from the Institute of Statistical Studies and Research (ISSR) of Cairo University in Egypt. The programme they were […]
The U.S. Embassy in Baghdad hosted its second in a series of ambassadorial roundtables January 22 to explore how the United States and Iraq can best collaborate to combat violence against women and girls in Iraq and promote women’s empowerment. A group of Iraqi government and civil society leaders discussed with the Ambassador ongoing challenges […]
By Reidar Visser. The following article was published 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. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq […]
WesternZagros Resources has announced a fourfold increase in the Company's contingent resource estimates at the giant oil discovery on the Kurdamir Block in the Kurdistan Region of Iraq. Shares closed up 2.7 percent on Monday, but have risen more than 21 percent since the start of last week. The total mean estimate of gross unrisked […]
International developer EPGI has announced that they have been awarded the development management contract to develop and build the new Basra Oil and Gas International Free Zone in Iraq. The project is the second largest of its kind in the world covering over 11 million square metres, and is strategically located near the southern Iraq […]
By John Lee. Electricity minister Kareem al-Jumaily has announced that Iraq will achieve electricity self-sufficiency by the end of this year, "except the problem of transporting the power from the stations to the cities". In an interview with Arabia TV station, he said Iraqi power production will jump to 13,000 MW before the coming summer. […]
By John Lee. Iran Daily reports that trade between Iran and Iraq exceeded $10 billion in the current Iranian year (started March 20, 2012). Speaking at a seminar on trade and investment in the Iraqi Kurdistan region, which was held by Isfahan Chamber of Commerce, the Secretary-General of Iran-Iraq Chamber of Commerce Jahanbakhsh Sanjabi (pictured) […]
By John Lee. Bulgaria's Minister of Foreign Affairs, Nikolay Mladenov (pictured), has opened a new Bulgarian Embassy in Baghdad. The Minister's Chief of Staff, Valeri Rachev, has been appointed Ambassador in Baghdad on a temporary basis until the Cabinet appoints a permanent representative. Bulgaria had an Embassy in Iraq, but it was closed in 2003 […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi politicians — whether Shiites, Sunnis or Kurds — have for years tried to drag supreme Shiite cleric Ali al-Sistani into their ongoing political conflicts. To this day, certain parties have not […]
