Archive | 2022

New Iraqi PM focuses on Corruption, Economic Reforms

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. New Iraqi PM focuses on corruption, economic reforms as allies push for positions Outlining his policy program, new Iraqi Prime Minister Mohammad Shia' Al-Sudani says his government will prioritize "fighting corruption" and "economic […]

Korea Increases Contribution to Stabilization in Iraq

Korea reaffirms its commitment to stabilization in Iraq with a new contribution The Republic of Korea has made a new contribution of US$450,000 to the United Nations Development Programme (UNDP) Iraq's Funding Facility for Stabilization (FFS), which supports stabilization, durable solutions, and the safe return of internally displaced Iraqis in the five governorates liberated from […]

Tabaqchali: Banks and the Predictability of Earnings

By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Banks and the Predictability of Earnings The market, as measured by the Rabee Securities RSISX USD Index, which over the last two months discounted and looked through […]

Baghdad-based Orderii Receives Pre-Seed Funding

Orderii, a cross-border e-commerce platform closed a 6-figure pre-seed round in October 2022. The platform provides logistics services for sought-after goods only available on foreign sites. Founder and CEO of Orderii, Shakir Ayad Al Jammas (pictured below), commented: "We have been serving the Iraqi customer for several years now, enabling them to purchase products from […]

Investment in Kurdistan's Agriculture Sector Surges

Inward investment in the Kurdistan Region's agriculture rose from 1.5% to over 10% under the Kurdistan Regional Government's (KRG) Ninth Cabinet, which has been working to diversify the Kurdistan Region's economy sector by mainly focusing on developing the sector. The KRG has been working on building strong industrial and agricultural infrastructure in the Region to […]

US "Eager to Work with" Govt and People of Iraq

Secretary of State Antony J. Blinken (pictured) spoke [on Thursday] with Iraqi Prime Minister Mohammed Shia al-Sudani to congratulate him on the October 27 formation of an Iraqi government. The Secretary conveyed that the United States is eager to work with the government and people of Iraq to improve respect for human rights, increase economic […]

Climate of Opportunity: Iraq's New Govt as Regional Conciliator

By Hamzeh Hadad, for the European Council on Foreign Relations (ECFR). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Climate of opportunity: Iraq's new government as regional conciliator Iraq's new prime minister is well placed to negotiate both the pitfalls of domestic politics […]

Mosul's Al Yarmouk Park is Opened

Iraqi Government Officials and UN-Habitat Iraq celebrate the opening of a totally renovated Al Yarmouk Park in Mosul funded by the European Union In occasion of World Cities Day falling on 31st October, Mr Abdul Sattar, Head of Mosul Municipality, along with Mr. Hassan Al Allaf, Ninewa Deputy Governor, Mr. Ali Omar Gabo, Ninewa Deputy […]

Increasing Women's Political Participation in Iraq

UNDP & UNWomen reaffirm their commitment toward increasing women's political participation in Iraq The United Nations Development Programme (UNDP) and the United Nations Entity for Gender Equality and Women Empowerment (UNWomen) in Iraq partnered to support women's political participation and representation in Iraq. Today, the two UN agencies sign a US$1 million partnership agreement in […]

Possible Revaluation of the Iraqi Dinar?

By John Lee. Iraqi Prime Minister has reportedly told a press conference that his government intends to increase the value of the Iraqi dinar (IQD) against the US dollar. Kurdistan24 quotes Mohammed Shia al-Sudani as saying that the interests of the needy were not taken into consideration when the currency was devalued by approximately 20 […]

What to Expect from Sudani's Government

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. Buying Time in Baghdad? What to Expect from Sudani's Government The hostile and corrupt forces arrayed behind him might ease their anti-American activities just to […]

Iraq Economic Review: KRG Finances; Iraq's Real Estate Boom

By Basima Abdulrahman, Rania Baker and Ahmed Tabaqchali, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Economic Review: KRG's Financial Conundrum | Iraq's Real Estate Boom […]