By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for June of 84,489,016 barrels, giving an average for the month of 2.816 million barrels per day (bpd), down from the 3.212 million bpd exported in May. These exports from the oilfields in central and southern Iraq amounted to 81,006,497 barrels, while exports […]
By Hassan Ali Ahmed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Mosul sowing seeds post-Islamic State The Mosul local government in cooperation with civil society is undertaking a project to plant a million trees in Mosul. Click here to […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th July 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD637 (+2.9%) / $666 (+2.9%) (weekly change) (-3.4% and -4.9% YTD change, respectively). The number of week traded […]
Northern Gulf Partners, a frontier market investment firm, and California-based Pay It Forward Venture Capital, have led a seven-figure US dollar seed round investment in Lezzoo, a delivery and e-payment platform that aims to become Iraq's first super-app. Lezzoo received a pre-seed investment from Silicon Valley's Y Combinator and is the only Iraqi start-up accepted […]
By Aymen Salman, for The Station. Re-published with permission by Iraq Business News. During this worldwide pandemic, Entrepreneurs have to face a new reality. Whether a vaccine or a cure will be found for this virus or won't, we are hearing a lot of voices about the world and ecosystem after COVID-19. Considering the fact […]
By John Lee. Iraqi Prime Minister Mustafa al-Kadhimi met Iran's Supreme Leader Ayatollah Ali Khamenei on his first foreign trip since taking office. Following the meeting they announced that they have agreed to "revitalise current agreements between our two countries, including the agreement to establish a rail link between Iran and the Iraqi city of […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Closing borders due to COVID-19 revives Iraqi agriculture Iraq's agriculture sector has been revived in the past few months, after the government closed its borders and banned the import […]
Iranian President Hassan Rouhani said the governments of Iran and Iraq have decided to raise the value of annual trade exchange to $20 billion. Speaking at a joint press conference with Iraq's visiting prime minister in Tehran on Tuesday, President Rouhani said the Iranian and Iraqi governments have decided to raise the value of bilateral […]
By Isadora Gotts for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The business of recycling war scrap: the Hashd al-Shaʿabi's role in Mosul's post-conflict economy The modalities of the scrap trade reflect a larger […]
Battling Coronavirus: France prioritizes critical medical equipment in southern Iraq The Government of France has committed EUR 300,000 (US$334,448) to support the Government of Iraq's response to the COVID-19 pandemic, in partnership with the United Nations Development Programme (UNDP). The funds will be used to purchase ventilators - a life-saving piece of equipment for Coronavirus […]
The University of Karbala produces locally made hand sanitizer and disinfectant for health facilities, in first of its kind UNICEF-supported project In the first of its kind project since the corona virus outbreak, graduate students in the pharmaceutical department of the University of Karbala have produced 14,500 locally made hand sanitizers and 10,000 large products […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Accounts that Didn't Bark: Iraq's Hidden State Balances Iraq's new prime minister, soon after […]
