Archive | 2021

CITIC Construction Wins $3.7bn Iraq Power Deal

By John Lee. China's CITIC Construction has won the bid for the first and second phases of AI Khairat heavy oil power plant in Iraq. Yang Jianqiang, Deputy President of CITIC Construction, held talks with Mazin Wajih, Chairman of Harlow International, in Dubai representative office, and received the letter of acceptance issued by Mazin Wajih. […]

GE Healthcare signs deal for 22 Neonatal ICUs in Iraq

By John Lee. General Electric Healthcare (GE) has reportedly signed an agreement with the Iraqi Ministry of Health to build 22 neonatal intensive care units (NICUs) across the country. A spokesperson for GE Healthcare in the Middle East is quoted as saying that each unit will be designed and developed to focus on providing the […]

Social Responsibility Skills for Young Entrepreneurs in Erbil

UNFPA launches Social Responsibility Skills for Young Entrepreneurs Project UNFPA and the Ministry of Labour and Social Affairs with the Ministry of Culture and Youth in the Kurdistan Regional Government launched the Social Responsibility Skills for Young Entrepreneurs project in Erbil. The project was based on the success story of the "Orange Corners Erbil Programme" […]

Success Stories from Iraqi Civil Society Organizations

Iraq has experienced complex challenges to stabilization and peacebuilding since 2003, most recently associated with the Islamic State of Iraq and the Levant (ISIL), which captured large swathes of territory in 2014 and caused vast destruction and displacement across Iraq. Civil society has played a vital role in post-conflict stabilization since 2003. Civil society actors, […]

First Women's Protection Centre in Diwaniyah

The Governorate of Diwaniyah and UNFPA inaugurated today the first Women Protection Centre in the Governorate, with funding from Canada and Sweden. The Centre will offer psychosocial and legal assistance,  medical counselling and protection for survivors of gender-based violence. Women and girls will be able to benefit from special programmes on empowerment, life skills and […]

ILO Strengthens Effective Labour Inspection Procedures in Iraq

ILO strengthens capacity of Iraqi inspectors on effective labour inspection procedures A training workshop for labour and OSH inspectors of the Ministry of Labour and Social Affairs in Baghdad aimed to strengthen the capacity of inspections in promoting labour regulations and procedures in Iraq. The International Labour Organization (ILO) organised a week-long training for thirty-five […]

Realities of Climate-Induced Migration in Iraq's Southern Cities

Realities of Climate-Induced Migration in Iraq's Southern Cities: New IOM Report Environmental degradation over the last 10 years has severely damaged Iraq's agricultural sector. Worsening water scarcity and quality has left the sector unable to support sufficient and sustainable livelihoods, particularly in rural areas, where it has long been the main workforce employer. This has […]

Muqtada al-Sadr is the United States' Best Hope

By Anchal Vohra, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Muqtada al-Sadr Is the United States' Best Hope The Shiite cleric was once Washington's bitter enemy in Iraq-and now offers the best chance of securing U.S. interests. Click here […]

Germany Supports Investigation of ISIL Financing

Germany Renews its Support to UNITAD with a New €1 Million Contribution to Investigate Financing of ISIL Crimes Germany has renewed its support to the United Nations Investigative Team to Promote Accountability for Crimes Committed by Da'esh/ISIL (UNITAD) by recommitting an additional €1 million for investigations into the financial dimensions of ISIL crimes. This support […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th October 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD944 (+2.0%) / $828 (+2.0%) (weekly change) (+30.2% and +24.9% YTD change, respectively). The number of week traded […]

Al-Sadr's Problematic Victory and the Future of Iraq

By Ranj Alaaldin, for The Brookings Institution. The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Muqtada al-Sadr's problematic victory and the future of Iraq Iraq's parliamentary elections rarely produce surprises. But the elections that were held this month constituted a potential make-or-break moment amidst […]