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. New scandals pour more fuel on Iraq protests The protests are escalating rapidly in Iraq, with the players moving fast and adding more fuel to an already burning region. This increasingly complex […]
Draft election law: UN calls for improvements to meet public demands Electoral reform has been a central demand of many peaceful protesters. In recent weeks, Iraqi authorities have sought to find legislative solutions that address public calls for credible, free and fair elections. This process is Iraqi-owned and Iraqi-led, as it must be. United Nations […]
By John Lee. The entrance to Umm Qasr port has reportedly been reopened on Friday after security forces dispersed protesters. According to Reuters, the port had been blockaded since Monday. (Source: Reuters)
By Ali Al-Mawlawi. Public Payroll Expansion in Iraq: Causes and Consequences The public payroll in Iraq has grown unchecked since 2003, commensurate with the country’s vastly expanding oil wealth. With few alternative sources of government income, the state budget’s growth poses worrying questions about whether this ongoing trend can be sustained without risking economic ruin. […]
By C. Anthony Pfaff, for the Atlantic Council. Leaked Iranian intelligence about Iraq only tells part of the story The recent story in the New York Times on leaked Iranian intelligence reports about Iranian influence operations in Iraq elicits a couple of possible reactions. If one works for the United States government, particularly in any […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st November 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD640 (-1.0%) / $681 (-1.0%) (weekly change) (-3.0% and -4.1% YTD change, respectively). The number of week traded […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Weeks of anti-government protests in Iraq are damaging trade. Some shop owners are struggling to stay in business because of roadblocks, port closures and internet interruptions. While many say they are sympathetic towards […]
The Nineveh Provincial Council has voted unanimously to dismiss Governor Mansour Al-Maraeed and appoint his deputy, Sirwan Rozbiani, to the post temporarily. Candidates wishing to run for the post have until Saturday afternoon to apply. However, Al-Maraeed stressed that he would continue in his post. The vote came as the National Security Agency in Nineveh […]
By John Lee. The Iraqi Ministry of Oil has reportedly announced that it will select a number of international investment companies to build five new refineries around the country: Kirkuk with a capacity of 70,000 barrels per day (bpd); Wasit capacity of 140,000 bpd; Nasiriyah capacity of 140,000 bpd; Basra card 140,000 bpd; and al-Faw […]
The Ninewa Investment Forum is taking place from 3rd to 5th December in Erbil. This two-day event will showcase investment-ready businesses to private investors from around the world. Presenting a portfolio of very attractive investment opportunities will spark a virtuous cycle of both exciting project opportunities and increased investor confidence. The event is organized by […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Manufacturing small arms – State Company for Military Industries Manufacturing medium arms - State Company for Military Industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
The World Health Organization (WHO) welcomes a new contribution of US$24 million from the US Agency for International Development’s Office of Foreign Disaster Assistance (USAID-OFDA) to strengthen primary, secondary and preventive health services in conflict-affected governorates in Iraq. Access to improved life-saving health services will be ensured for approximately 3.5 million beneficiaries in seven governorates […]
