Archive | 2020

US backs Iraqi Progress on Budget Deal with KRI

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. US backs Iraqi progress on budget deal with Kurdistan Region The Trump administration says it supports Iraqi Prime Minister Mustafa al-Kadhimi's progress so far in working out a budget agreement with […]

Iraqi Kurdish authorities shutter NRT offices

Iraqi Kurdish authorities should cease harassing broadcaster NRT, release journalist Ahmed Zakhoy without charge, and allow the outlet to report freely, the Committee to Protect Journalists (CPJ) has said. Yesterday, agents of the Asayish intelligence agency, affiliated with the ruling Kurdistan Democratic Party, raided NRT's office in the western city of Duhok, according to a […]

Video: Protesters call for Basra Governor to Resign

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Protesters in southern Iraq have given the local governor until now to either resign or face more unrest. The rallies have been sparked by the killings of several prominent activists and people are […]

Trump, Kadhimi discuss New Phase in US-Iraq Relationship

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump, Kadhimi discuss new phase in US-Iraq strategic relationship "We very much feel that if Iran should do anything, we will be there to help the Iraqi people," US President Donald Trump […]

Iraqi Govt needs more Female Voices to Fight the Pandemic

By Hanar Marouf, 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. Iraq's government needs more female voices to fight the pandemic Iraq is in a precarious condition. It has faced major challenges on multiple fronts, including political instability, a […]

Joint Statement of PM Al-Kadhimi and President Trump

The following is a Joint Statement issued by Prime Minister Mustafa Al-Kadhimi and the President of the United States of America, Donald Trump, following a bilateral meeting at the White House on Thursday 20 August 2020: The strategic partnership between Iraq and the United States is based on a mutual desire for security and prosperity. […]

50 Iraqi Ministers Accused of Corruption in 2 yrs

From Middle East Monitor, under a Creative Commons licence. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Iraqi Commission of Integrity (COI) said on Tuesday it had charged 50 ministers and 480 senior ranking officials with corruption as well as recovering and […]

Fixing Iraq's Power Sector

By Luay al-Khatteeb for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's long-running electricity dilemma is now a daily source of public misery. The struggle of the power generation and distribution system to keep up with relentless demand […]

Baghdad International Fair to go "Virtual"

Translated by L. Bedrosian. The Iraqi Ministry of Trade has announced that the General Company for Iraqi Fairs and Commercial Services is planning to hold its first virtual exhibition based on the Baghdad International Fair. The General Director of the company, Mr. Sarmad Saeed said: "The exhibition is the first of its kind in Iraq, […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Aug 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD639 (-2.1%) / $669 (-1.7%) (weekly change) (-3.0% and -4.6% YTD change, respectively). The number of week traded […]

GE Wins $1.2bn Iraq Electricity Contracts

From GE: With growing demand for electricity, especially to meet the requirements during peak summer, the Government of Iraq is accelerating its focus on strengthening the nation's power infrastructure through two new agreements signed with GE. A long-term partner committed to meeting the future electricity needs of the nation, GE signed the agreements, valued at […]