Archive | 2020

Market Review: "Foreigners tip-toeing into the Market"

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "Foreigners tip-toeing into the Market" The market, as measured by the Rabee Securities RSISX USD Index (RSISUSD), declined 1.6% in October, signalling a […]

Barzani visits Europe seeking Trade and Investment

KRG Prime Minister Masrour Barzani on Monday headed to Europe to meet with senior European officials to discuss the benefits of increased trade with the Kurdistan Region and to strengthen diplomatic ties. The Prime Minister will lead a government delegation visiting several European countries as part of the Kurdistan Regional Government's roadmap to diversify its […]

Drug Smuggling and Abuse on the Rise in Iraq

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Drug smuggling, abuse on the rise in Iraq Iraq suffers from the flow of drugs from neighboring countries, especially Iran, through the marshes and other border crossings, and […]

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Strengthening Women's Participation in Iraqi Politics

Most comprehensive report to date on women's participation in political life in Iraq: Challenges and ways to overcome them Women's participation in political processes in Iraq is hampered by many obstacles, despite Iraqi women's determination to engage in the public sphere. In 2020, Iraq ranked 70th worldwide in terms of women holding seats in parliament. […]

New Affordable Homes for Workers in Karbala

By John Lee. Iraq has reportedly announced plans to build affordable homes for workers in Karbala. According to Trade Arabia, large plots of land have been already allocated for the project, which will be funded by local investors and the General Federation of Iraqi Workers. More here. (Source: Trade Arabia)

iGrafx and ProServ support National Bank of Iraq

By John Lee. iGrafx, a provider of business process management solutions, has announced that it has implemented Iraq's first Enterprise Business Process Management (EBPM) solution with the National Bank of Iraq (NBI). The National Bank of Iraq was founded in 1995 as a publicly traded private company providing comprehensive banking services for individuals and companies […]

Anbar getting back on its feet, eyeing Autonomy

By Shelly Kittleson, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's western Anbar province getting back on its feet, eyeing autonomy Iraq's Sunni-majority Anbar province has in recent months completed a number of infrastructure works in the hope of […]

Iraq "to launch new Basra Medium Crude"

By John Lee. Iraq's State Oil Marketing Organization (SOMO) has reportedly notified clients that it plans to launch a third crude oil export grade in January. Sources told Reuters that the 'Basra Medium' grade will be created by splitting the existing Basra Light production into two grades. Click here to read the full article. (Source: […]

Egypt and Iraq sign 15 New Agreements

By John Lee. Egypt and Iraq have signed 15 Memorandums of Understanding (MoU) to enhance cooperation between the two countries. They signed the agreements in Baghdad in the presence of Iraqi Prime Minister Mustafa Al-Kadhimi and his Egyptian counterpart Mustafa Madbouly who co-chair the Egyptian-Iraqi Higher Committee. The areas covered included health, drugs, maritime logistics, […]

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Islamic State resurfaces with attacks in Diyala

By Shelly Kittleson, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Islamic State resurfaces with attacks in Iraq's Diyala province The Islamic State's gruesome killing of a sheikh and some of his relatives by rigging his corpse with explosives has […]

The Inevitability of Reform in Iraq

By Ahmed Tabaqchali, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The irrefutable logic of numbers and the inevitability of reform in Iraq On October 13, Iraq's Council of Ministers endorsed the White Paper for financial and fiscal reform. […]