Archive | 2019

GardaWorld Weekly Security Report

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 […]

Video: More than 20 Killed as Protests grip Iraq

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. At least 21 people have been killed in Iraq, with protesters back on the streets sceptical about a government promise to introduce sweeping economic reforms. Demonstrators are calling for Prime Minister Adel Abdul […]

IBBC attends Int'l Chambers of Commerce Conference

IBBC is one of fifty-five international chambers of commerce who met with many of their UK counterparts over three days reports Richard Cotton, commercial adviser to IBBC who attended on its behalf. The first session on Oct 15 was an internal Chamber event bringing the UK and the Global Network together. Delegates heard that following […]

UAE, UNESCO to restore Historic Churches in Mosul

The United Arab Emirates and the United Nations Educational, Scientific and Cultural Organisation (UNESCO) renewed their collaboration to the flagship UNESCO initiative Revive the Spirit of Mosul earlier this morning, extending the historic partnership on restoration and reconstruction efforts in Mosul, Iraq. Her Excellency Noura bint Mohammed Al Kaabi, UAE Minister of Culture and Knowledge […]

Household Debt in Iraq: Borrowing in a Time of Crisis

1. EXECUTIVE SUMMARY This study seeks to better evidence and understand the scale, terms, sources, uses, and social dimensions of household debt within conflict-affected communities in northern Iraq, with a view to inform ongoing and future CCI relief and recovery programming. The research was carried out in two conflict-affected districts in the Ninewa governorate – […]

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Iraq’s Famous Marshes Come Back To Life

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The birds, flowers and buffalo are all returning, thanks to heavy rains last winter. Now, locals say, federal funds are needed to improve infrastructure and state services, and to guard […]

ICTSI builds Umm Qasr Deep-Water Capacity

International Container Terminal Services Inc. (ICTSI) has formally inaugurated two new berths which for the first time offer the port of Umm Qasr, Iraq’s main dry cargo port, the ability to handle container vessels of up to 14,000TEU. The inauguration ceremony marked both the opening for business of the two new berths, Berths 25 and […]

SMEs to be Tax Free for 10 Years

By John Lee. The Iraqi Government has said it will exempt small- and medium-sized businesses (SMEs) from income tax for ten years. In a statement, it said: "The government announced a draft amendment to Income Tax Law No. 113 of  1982 to exempt several groups on low-income from paying income tax. "The proposed amendment also […]

Cabinet Approves $25m Desalination Project

By John Lee. The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. It authorised the Ministries of Education, Higher Education and Scientific Research, other ministries, public bodies and local councils to recruit holders of post- graduate degrees, and to exempt this round of recruitment […]

Iraqi Govt to Lower Retirement Age

By John Lee. The Iraqi Government has announced a reduction in the retirement age. In a statement, it said: "The Iraqi government is also proposing amending Retirement Law number (9) of 2014 to include:  Reducing the retirement age for all state employees to 60 years, except for those working in the university sector where the […]