United States and Government of Iraq Work in Partnership to Improve Management of Public Funds On Thursday, June 2, U.S. Ambassador Stuart Jones (pictured), together with the Minister of Planning Salman al-Jumayli, and Chief of Staff for the Prime Minister’s Office Dr. Mahdi al-Allaq, participated in the Ministry of Planning (MOP) conference entitled “Reforming Development […]
By Ali Mamouri for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On May 23, Iraqi Prime Minister Haider al-Abadi announced the beginning of military operations to retake the city of Fallujah. Operations have been successful so far, as several parts of the city’s […]
Economic Reforms will Help Achieve Sustainable and Inclusive Growth in the Kurdistan Region of Iraq A new World Bank Group report proposes a series of reforms to enable Iraq’s Kurdistan Region to chart a path out of the difficult economic challenges it faces toward a more sustainable and diversified economic future. The combination of factors […]
Al Taif Money Transfer Co (TMT), the largest money transfer services provider in Iraq has signed up Covalent, a joint venture between TPS and Access Group, for a digital payments platform. Farhan Al Musawi, CEO of Al Taif Group and Al Taif Money Transfer said: “We are pleased to engage with a strategic partnership with […]
By John Lee. The United Nations has advertised several new positions in Iraqi Kurdistan: International Multi-Drugs Resistance Tuberculosis (MDR-TB) Expert (UNDP) Security Sector Reform (SSR) (UNDP) Service Delivery Consultant (UNDP) Data Communication Specialist (UNICEF) Reports Specialist (UNICEF) Programme Assistant (UNICEF) National Project Coordinator (UNAMI) Programme Assistant (UNAMI) Final Evaluation Consultant (Save the Children) Administrative Officer (Office for the […]
By John Lee. The United Nations has advertised several new positions in Iraq: Final Evaluation Consultant (Save the Children) Rehabilitation Technical Advisor (Handicap International) Chief of Communication (UNICEF) Grants Coordinator (Norwegian Refugee Council, NRC) Logistics Officer (Norwegian Refugee Council, NRC) Operations Assistant - Facilities Management (UNDP) Security Sector Reform (SSR) (UNDP) Finance Clerk (UNDP) Multi-Drugs Resistance Tuberculosis (MDR-TB) […]
By John Lee. Reuters reports that Iraq expects to sell $2 billion in eurobonds in the last quarter of this year, when international aid starts coming in, helping lower its cost of borrowing. Finance Minister Hoshiyar Zebari (pictured) told the news agency that Iraq expects to receive $600 million in September from the International Monetary […]
By John Lee. The Basra branch of the Iraqi Businessmen's Association has announced the founding of the largest joint-stock company in the province. The new firm will involve hundreds of businesses in a variety of ventures, including construction, tourism, and setting up its own bank. Sabih Habib al-Hashemi, the head of the Association, said that […]
The Kurdistan Regional Government (KRG) today publishes the monthly crude oil export report for May 2016. The report for May 2016 details: All oil export volumes through the KRG-Ceyhan crude oil pipeline; all crude oil cargoes lifted from Ceyhan by the buyers; revenues received on account by the KRG during the month; and payments directly made […]
By John Lee. Iran's gas contracts with Iraq have been put on hold due to the difficulties in Iraq, Iranian Petroleum Minister Bijan Namdar Zangeneh said on Thursday. "We have two gas contracts with Iraq and we are ready to export gas to Baghdad but they have some difficulty. It depends on Iraqi system," Zangeneh said. (Source: Sputnik)
Statement attributable to Peter Hawkins, UNICEF Representative in Iraq: “As the violence continues to escalate in Fallujah and across Iraq, we are concerned over the protection of children in the face of extreme and rising danger. “Since the start of the military operation in Fallujah, 60 kilometres west of Baghdad, very few families have been […]
By John Lee. Minister of Foreign Affairs Dr Ibrahim Al-Jaafari met the Japanese Ambassador to Iraq Mr Fumio Iwai. During the meeting, they reviewed the bilateral relations and means to promote them so as to meet the aspirations of the two friendly people, as well as, discussing the regional and international issues of mutual interests. […]
