By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Basra protests build in Iraq as sub-standard services persist In an exclusive interview with Al-Monitor, Iraqi Minister of Electricity Luay al-Khatteeb talked about the situation of Iraq’s electricity sector amid tense […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Cancer hits residents of Iraqi oil city of Basra The deputy governor of Basra province, Zahra al-Bijari, claimed June 6 that cancer rates have been growing dramatically in the province as a […]
This weekend, the Iraq Britain Business Council (IBBC) hosted its annual members’ retreat at Cumberland Lodge, Windsor Park, which was generously sponsored by Al Burhan Group. As with previous years, it was very well attended by over seventy delegates, and allowed our members to mingle and network with representatives of other businesses, civil servants, and […]
By John Lee. Ride-hailing company Careem is reported to be testing a new system that allows people in Iraq to book rides using WhatsApp. According to al-Bawaba, WhatsApp penetration is as high as 80 percent in Iraq, a country with low internet connectivity and a high dependency on cash, so the new scheme simplifies the […]
By John Lee. Iraq and the Netherlands have signed a double taxation agreement on Monday. Iraqi Finance Minister Fuad Hussein is quoted as saying that avoiding double taxation will improve the business environment and help to attract foreign businesses and investments to Iraq. (Sources: Iraqi Ministry of Finance, Kurdistan 24)
Five years on from ISIL ‘caliphate’ proclamation in Iraq, Security Council makes first-ever visit The UN Security Council has concluded a first-ever visit to Iraq on Saturday, five years on from the proclamation, by the ISIL terrorist group, of a “caliphate” in the country. The visit, which also took in a trip to Kuwait, saw […]
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 […]
By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Kirkuk court issues arrest warrant for acting governor Kirkuk's Integrity Court issued an arrest warrant June 16 for Rakan Saeed al-Jabouri, the acting governor of Kirkuk, on charges of corruption, including wasting 950 million […]
On the 30th anniversary of the Convention of the Rights of the Child, UNICEF launches an online petition asking decision-makers to invest more in Iraqi children This week, UNICEF Iraq launched its #Pledge4Children petition to kick off its celebration of the 30th anniversary of the United Nations Convention of the Rights of the Child, or […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. President Nechirvan Barzani of the Kurdistan Regional Government (KRG) left Erbil for the first time since taking office and headed to the Iraqi capital on June 20 to discuss several outstanding […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th June 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD662 (+0.04%) / $762 (+0.04%) (weekly change) (+0.4% and +0.2% YTD change, respectively). The number of week traded […]
Hedge fund industry journal Alpha Week is reporting that in the month of May 2019 Northern Gulf Partners’ investment fund Iraq Investment Partners I (IIPI) was the world’s best performing emerging markets hedge fund according to data compiled by the BarclayHedge Global Hedge Fund database. IIPI increased 13.57% net of all fees during the month. […]
