Orisdi, a leading e-commerce store in Iraq, has successfully raised a six-figure bridge round. Iraqi Innovators reports that the round was led by Innovest Middle East VC and a group of angel investors including Amar Shubar, Partner at Management Partners Consulting, and Omar Al-Handal, Managing director of Al Handal International Group. Orsidi was founded in […]
By John Lee. On the directive of Pakistan's Prime Minister, Imran Khan, Pakistan is sending three plane-loads of COVID-related relief goods to Iraq. The first plane-load was dispatched on Saturday in presence of the Chairman of the National Disaster Management Authority (NDMA), senior officials of the Ministry of Foreign Affairs and the Ambassador of Iraq […]
U.S. Senator John Boozman (R-AR), Ranking Member of the Senate Committee on Agriculture, Nutrition, and Forestry, and senators from rice producing states are encouraging American and Iraqi officials to take steps to increase U.S. rice exports to Iraq. In separate letters to U.S. Secretary of State Antony Blinken and Dr. Fareed Yasseen, Iraq's Ambassador to […]
By Caroline Rose, for the Newlines Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In the Wake of Drawdown: Addressing Blindspots in Iraq The Biden administration should draft a country-specific policy for Iraq, where addressing Iranian influence is an objective but not the […]
AICS and UNOPS Partner to Rehabilitate the Basic Services for Returnees in Sinjar, Iraq The Italian Cooperation and UNOPS launched a new project to support the Government of Iraq in rehabilitating basic services to returnees in Sinjar. The project will support the Government of Iraq in rehabilitating the basic water services for returnees in Sinjar […]
By John Lee. Pakistan-based Lucky Cement has announced that it started commercial operations at its new cement production facility in Samawah on Wednesday. In a statement to the Pakistan Stock Market, the company said the new plant [Najmat-Al-Samawah (NAS)] has a capacity of 1.2 million tonnes per annum, and is a joint venture with Al-Shamookh […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th March 2021). Note: ISX will be closed on 14th and, 21st of March due to lockdown according to the decision of new Supreme Committee for National Health and Safety. Please click here to view a table of listed companies and their associated […]
Pope Francis' historic visit to Iraq highlights remaining needs in areas liberated from ISIL The historic visit of His Holiness Pope Francis to Iraq is testament to the strength of the Iraqi people in rebuilding their lives post ISIL, but also highlights the urgent, basic remaining needs of 1.2 million Iraqis still displaced from the […]
On Wednesday, the Iraqi Minister of Planning H.E. Dr. Khalid Batal Najim Abdullah, and the Humanitarian Coordinator Ms. Irena Vojáčková-Sollorano, released the 2021 Humanitarian Response Plan (HRP) to assist 1.5 million vulnerable people in Iraq. H.E. Dr. Abdullah said: "The HRP will complement the Government of Iraq's own initiatives to help the people of Iraq […]
USAID and Top Mountain Announce 15 Iraqi MSMEs to Receive In-Kind Grants The United States Agency for International Development (USAID) and Top Mountain have launched a Business Accelerator Project to assist micro, small, and medium-sized businesses (MSMEs) in Iraq recover, develop, and grow their businesses. Today, Top Mountain announced the names of 15 Iraqi MSMEs […]
On Monday, 8th March the Iraq Britain Business Council (IBBC) held a well attended Women's Group discussion to celebrate International Women's day. The discussion was chaired by Ms. Samar Thamer Al Mafraji, Managing Director, AMS Iraq with the speakers including Mrs Vanessa Douglas, Senior VP/Director HR & Admin, SKA International Group DMCC; Mrs. Hadeel Hassan, […]
The Iraqi Economists Network (IEN) has just published a new report from our Expert Blogger Dr Amer K. Hirmis, which we re-publish here with the author's permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. World Bank's assessment is flawed: Manufacturing is viable in […]
