From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Some of Iraq's most significant archaeological discoveries have been made in the city of Samara. Samara lies on both sides of the River Tigris north of Baghdad. It marks the site of a […]
By John Lee. German business newspaper Handelsblatt reports that Chancellor Angela Merkel has personally intervened with Prime Minister Haider al-Abadi to persuade the Iraq Government to sign a major contract with Siemens to upgrade the country's electricity infrastructure. It is understood that the State Secretary for Economic Affairs, Thomas Bareiß, accompanied Siemens Chief Executive Joe […]
By John Lee. Prime Minister Haider Al-Abadi has asked Iraq’s Integrity Commission to investigate the delays and stoppages in some infrastructure projects in Basra and other southern provinces. He said some of these delays were the result of corruption, while other we because of what he described as a dereliction of duty and a failure […]
Corruption has become the biggest threat to the future stability of Iraq following the defeat of Islamic State, Britain’s ambassador in Baghdad has told the Evening Standard newspaper in London. Jon Wilks said that although there were “remnants” of IS still present, the country was “settling down ahead of expectations” and starting to recover from […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Sept 2018). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX was closed today (Sep. 20, 2018) due to religious holiday, 10th Day of Muharam “Ashura”. The next trading session will be held on […]
Republic of Korea supports UNHCR’s humanitarian activities in Iraq The Government of the Republic of Korea continues its support to UNHCR’s humanitarian activities in Iraq with a new donation of US$ 1.2 million. Despite promising signs of recovery in parts of the country, millions of Iraqis still need comprehensive humanitarian and protection assistance. Some 1.9 […]
The Statistics Office, IOM, and UNFPA launch the Demographic Survey of the Kurdistan Region of Iraq The Kurdistan Region Statistics Office (KRSO), UNFPA, and IOM have launched the demographic survey of the Kurdistan Region of Iraq (KRI), one of the largest statistical exercises conducted in the region since 1987. The survey provides a comprehensive profile […]
The University of Northampton signed a ground-breaking MoC with the University of Babylon at the Higher Education for the Development of Iraq Conference in London on 14-15 September, the first ever Iraqi Franchise agreement with a UK university. The signing was supported by His Excellency Professor Abdul Razaq Al Issa, the Minster of Higher Education […]
By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Sugar production, General Company for Food Products Hydraulic centre, Hydraulic Industries State Company (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
By John Lee. Iraqi Airways has reportedly carried 9,200 passengers between Iraq and Russia in the first 12 months of operating flights. According to rusaviainsider.com, this consisted of 5,200 inbound to Russia and 4,000 outbound. The majority of those passengers flew between Moscow's Vnukovo Airport and Baghdad, with the rest flying between Vnukovo and Basra. […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is running out of water. Its planning ministry says about 90 percent of land is now desert and the small amount of remaining farmland is shrinking by five percent each year. Now […]
