Archive | 2021

A New Chance at Kingmaking for Iraqi Kurds

By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A New Chance at Kingmaking for Iraqi Kurds With militias on the back foot, the United States should lean on Kurdish and Iraqi leaders to […]

New Book: The Political Economy of Iraq

The Political Economy of Iraq: Restoring Balance in a Post-Conflict Society (Second Edition) by Frank R. Gunter, Published by Edward Elgar, October 2021   "Frank Gunter has written the definitive account in English of the contemporary Iraqi economy...Following a brief history and overview, chapters cover social indicators, corruption, macroeconomic policy, state-owned enterprises, entrepreneurship, oil, agriculture, […]

Sadr Confirmed as Victor in Iraq Elections

By John Lee. Iraq's Independent High Electoral Commission (IHEC) has announced the final results of the parliamentary elections which took place on 10th October, 2021. Following appeals and recounts, five seats changed hands, but the Sadrist Movement was confirmed as the largest party with a total of 73 seats from a total of 329 seats […]

Business Development Services for Small Enterprises in Iraq

ILO, IOM Collaborate to Improve Business Development Services for Small Enterprises in Iraq The International Labour Organization (ILO) and the International Organization for Migration (IOM) in Iraq are collaborating to support the development of existing national small-scale enterprises and potential entrepreneurs from displaced and host communities in Iraq through entrepreneurship skills training. Under the new […]

Drivers of Informality in Iraq's Labour Market

New Report Identifies Drivers of Informality in Iraq's Labour Market A new diagnostic report examining the drivers of informality in Iraq's labour market highlights the multiple and wide-ranging factors contributing to informality and the burdens imposed on the formalisation of enterprises and workers in the country. Iraq's private sector, which accounts to roughly 40 per […]

Iraqis having Smaller Families due to Living Costs

From The New Arab. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq fell out of love with clans and embraced nuclear families Recent years have seen Iraqis having smaller families due to a spike in living costs. Couples are having fewer […]

KRG PM meets President of the Iraq Britain Business Council

The Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, on Saturday met Baroness Emma Nicholson, President of the Iraq Britain Business Council (IBBC). Prime Minister Barzani highlighted the reforms of the ninth cabinet, its bid to diversify the economy and crucially to make the Kurdistan Region a focal point for business. Baroness Nicholson […]

Germany, IOM Supporting Economic Recovery in Iraq

Germany, IOM Reaffirm Partnership to Support Economic Recovery in Iraq Small and medium enterprises (SMEs), which employ roughly half of Iraq's workers, were severely impacted by the conflict with the Islamic State in Iraq and the Levant (ISIL). When the COVID-19 pandemic struck, the resulting economic slowdown undermined the gradual progress SMEs had made toward […]

Details of Assassination Attempt targeting PM

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. Iraq reveals details on assassination attempt targeting PM In its first press conference, the special committee responsible for investigating the drone attack on the house of Iraqi Prime […]

UN Iraq: No Evidence of Election Fraud

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. Head of UN Iraq mission tells Security Council no evidence of election fraud In her briefing to the UN Security Council, Jeanine Hennis-Plasschaert confirmed that there is no […]

Iraq's Economic Outlook has Improved, but Risks Abound

From the World Bank: Iraq: Rising Fiscal Risks, Water Scarcity, and Climate Change Threaten Gradual Recovery from Pandemic Iraq's economic outlook has improved on the back of the recovery of global oil markets, with its GDP projected to grow from 2.6% in 2021 to over 6% in 2022-23. Nevertheless, without accelerated economic reform, unforeseen domestic […]

Facilitating Iraq's WTO Accession Process

Facilitating Iraq's WTO Accession process in collaboration with Iraq's National Committee on WTO Accession. Iraq's National Committee on WTO Accession participated in a technical session organised in Baghdad on 23rd November. The session  provided a comprehensive overview of the accession process and highlighted the crucial role of  the National Committee on WTO Accession in this […]