Archive | 2020

US returns Baath Party Archives to Iraq

By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US returns Baath Party archives to Iraq A US military cargo plane arrived in Baghdad on Monday carrying more than 6 million pages of Iraqi government records dating from the Saddam […]

GKP Reports Loss for 1H 2020

By John Lee. Shares in Gulf Keystone Petroleum (GKP) were trading largely unchanged at lunchtime on Thursday, after the company announced a loss for the half year ended 30 June 2020. Company statement: Jón Ferrier, Gulf Keystone's Chief Executive Officer, said: "We moved decisively to protect the business and preserve liquidity in response to COVID-19 […]

Preliminary Oil Export Figures for August

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for August of 80,494,536 barrels, giving an average for the month of 2.597 million barrels per day (bpd), down from the 2.763 million bpd exported in July. These exports from the oilfields in central and southern Iraq amounted to 77,505,136 barrels, while exports […]

Cabinet Announces (Another) Public Holiday

By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet decided to designate 3rd October every year as Iraq's National Day, to celebrate and mark the independence of Iraq and the end of the British mandate on 3rd October, 1932. It […]

Arrest Warrant for owner of Iraqi Broadcaster

Baghdad court issues arrest warrant for owner of Iraqi broadcaster Dijlah TV Iraqi authorities should immediately drop the arrest warrant for Jamal Karbouli, the Iraqi owner of Amman-based Dijlah TV, and allow Dijlah TV to operate freely and without fear of reprisal, the Committee to Protect Journalists (CPJ) said on Tuesday. Dijlah TV has an […]

"No Foreign Pilgrims Allowed" in Iraq for Arbaeen

Baghdad has decided to bar all foreign pilgrims from visiting Iraq for this year's Arbaeen season due to the outbreak of the coronavirus, an Iranian deputy minister said. Speaking at a press conference on Tuesday, Deputy Interior Minister for Security Affairs Hossein Zolfaqari said he has been informed by Iran's ambassador to Baghdad about the […]

KAPITA launches Iraqi Angel Investor Network

KAPITA launches the first Iraqi dedicated Angel Network The Iraqi entrepreneurship ecosystem receives a major boost with the launch of the first Iraqi angel investors network KAPITA is launching Iraq's first Angel Investor Network - IAIN ( https://iraqangels.net/ ) that is dedicated to connecting startups with angel investors in order to develop the Iraqi entrepreneurship […]

IBBC and AMAR to hold Iraqi CSR Panel

IBBC and AMAR to hold Iraqi CSR panel with major companies on 3rd September. 'HOW COMPANIES AND COMMUNITIES CAN ALL BENEFIT FROM CSR PROGRAMMES, WITH REFERENCE TO AMAR FOUNDATION'S WORK.' The Iraq Britain Business Council (IBBC), its YEN (Young Executive Network) and AMAR Foundation, are holding an online panel to discuss CSR -- Corporate Social […]

Flights between Turkey, Iraq suspended another Month

By Al Monitor staff. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Flights between Turkey, Iraq suspended another month Turkey's flight suspension to and from Iraq has been extended through October 1, Iraq's civil aviation authority announced Monday amid a rising number of coronavirus cases. […]

ILO, KRG to support Employment for IDPs

ILO and Kurdistan Region of Iraq pledge to support formal employment for forcibly displaced persons and host communities The International Labour Organization (ILO) and the Ministry of Labour and Social Affairs (MoLSA) in the Kurdistan Region of Iraq (KRI) signed an implementation agreement aimed at boosting formal employment amongst internally displaced persons (IDPs), refugees and […]

New German Consul General in Erbil

By John Lee. Germany's new Consul General in Erbil, Klemens Semtner (pictured), has arrived in Erbil to take up his post. According to a statement from the German Consulate in Erbil: "Awaiting final agreement from the Iraqi government, he is ready to start working to strengthen relations with KRI." (Source: German Consulate in Erbil)