Archive | 2021

UNDP and JICA partner for Socio-Economic Development in Iraq

UNDP Iraq and the Japan International Cooperation Agency (JICA) have signed a renewed partnership agreement to monitor and support acceleration of the implementation of socio-economic infrastructure projects in Iraq. The projects are implemented by the Government of Iraq (GoI) with loan assistance from JICA with the aim of improving the economic recovery and living conditions […]

Joint efforts to Combat Corruption in Iraq

The fight against corruption requires collective action with the full participation of public authorities, the private sector, civil society, the media, and all citizens. It will be essential all actors coordinate and synergize their efforts to enhance effectiveness and achieve significant results for the country. International Anti-Corruption Day is observed annually on 9 December since […]

Chaldean Archbishop, FAO support Returnees in Nineveh Plains

Chaldean Catholic Archbishop teams up with FAO to support returnees dependent on agricultural livelihoods in the Nineveh Plains A FAO Iraq delegation visited the Chaldean Catholic Cleric and current Archbishop of Erbil, His Eminence Bashar Matti Warda, headed by Dr. Salah El Hajj Hassan, FAO Representative in Iraq, together with a number of female farmers […]

Iraq's first National Youth Volunteering Platform is Launched

The launch of the National Youth Volunteering Platform (NYVP), a new innovative tool that allows young people in Iraq to be matched to volunteer opportunities, was announced today by the Ministry of Youth and Sports in Federal Iraq, the Ministry of Culture and Youth in Kurdistan Region of Iraq, and UNICEF, in collaboration with United […]

Iraq announces End to US-led Combat Role

By Jared Szuba 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 announces end to US-led combat role with no fanfare The defeat-IS coalition will continue its advisory mission into next year, despite a declared end to a combat role. […]

Unaoil Bribery Conviction Quashed

By John Lee. Ziad Akle, Unaoil's territory manager for Iraq, has had his conviction for bribery quashed by the UK's Court of Appeal today (Friday). He had been sentenced to five years' imprisonment in July 2020 having been found guilty of paying over $500,000 in bribes to secure a $55-million contract to supply offshore mooring […]

Genel Energy to Claim Compensation from KRG

Shares in Genel Energy opened down more than five percent on Friday morning, before recovering some ground, after the company said it will claim compensation from the Kurdistan Regional Government (KRG). It says the claims, which relate to KRG's intention to terminate the Bina Bawi and Miran production sharing contracts (PSCs) are "substantial", and will […]

Germany gives another $22m to Boost Employment in Iraq

Germany Increases Support to Boost Employment Opportunities in Iraq with New EUR 18m Contribution Germany and the United Nations Development Programme (UNDP) have today signed a EUR 18.29 million agreement (US$ 21.78 million) to boost employment and economic opportunities for vulnerable communities in Iraq. The generous contribution is the second provided to the Building Resilience […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th December 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD904 (+3.3%) / $791 (+3.3%) (weekly change) (+24.6% and +19.3% YTD change, respectively). The number of week traded […]

Al-Sadr uses Personal Diplomacy in search of Iraqi Deal

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. Muqtada Sadr uses personal diplomacy in search of Iraqi deal Populist cleric Muqtada al-Sadr is seeking to close the deal among Iraq's Shiite parties. Click here to read the […]