By John Lee. Prime Minister Mustafa al-Kadhimi, in his role as Commander-in-Chief of the Armed Forces, has been presented with the first pistol to be produced by Iraq's Defence Industries Commission (Military Industrialization Authority). The 'Babel' handgun was presented by the Commission's President, Mohamed Sahib Al Daraji, to the Prime Minister on the sidelines of […]
Dana Gas (PJSC) informs the market that, a small rocket landed yesterday afternoon within the Khor Mor block in the Kurdistan Region of Iraq. No damage occurred and production operations continued normally without interruption. Two contractor staff were treated for minor injuries related to the blast but have returned to work. The company is cooperating […]
KRI's anti-corruption agenda strengthened under new agreement with Commission of Integrity The United Nations Development Programme (UNDP) and the Kurdistan Region of Iraq's (KRI) Commission of Integrity (CoI) have today renewed a Memorandum of Understanding (MoU) to strengthen KRI's legislative and strategic anti-corruption frameworks and to enhance, the investigative capacity of it in line with […]
By John Lee. Medicinal and pharmaceutical products was the biggest category of goods exported from the UK to Iraq in the four quarters to the end of Q4 2021. According to a report issued by the UK's Department of International Trade (DIT), the sector accounted for exports of £87.2 million, which was 24.2 percent of […]
On World Day to Combat Desertification and Drought, UN and NGOs call for action to support Iraq in managing water and adapting to climate change As Iraq confronts multiple challenges caused and exacerbated by climate change, including prolonged heat waves, declining precipitation, loss of fertile land, salinisation, insufficient infrastructure investments, transboundary water shortages and a […]
By Yesar Al-Maleki, for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq once again leaps into the void, but not before political elites secure funding For Iraqis, two key events last week will shape the rest of this […]
By John Lee. The Kurdistan Regional Government (KRG) is reportedly setting up two new companies to manage its energy resources. A new Kurdistan Regional Oil Company (KROC) is to specialise in oil exploration, and the Kurdistan Oil Marketing Organization (KOMO) will concern itself with marketing of the oil. The development comes as Erbil and Baghdad […]
By John Lee. Prime Minister Mustafa al-Kadhimi has laid the foundation stone for the project to build 1,000 schools across Iraq. The schools will be built with support from the People's Republic of China.. Contracts for the project were signed last December with the Power Construction Corporation of China (PowerChina) and Sinotech. (Source: Media Office […]
By Douglas A. Ollivant for War on the Rocks. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Observers of Iraq were shocked this week by the most tectonic shift in the country's politics since the defeat of the self-proclaimed Islamic State. Muqtada al-Sadr, the […]
By Harith Hasan, for the Emirates Policy Center (EPC). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Political Prospects After Muqtada al-Sadr's Parliamentary Exodus On June 12, 74 members of the Sadrist bloc in the Iraqi Parliament tendered their resignations to the […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran and Iraq sign tourism deal The agreement follows protests of Iranian "interference" after a drone attack targeted an alleged Israeli spy base in northern Iraq. Click here to read the […]
By John Lee. The Brazilian Ambassador to Iraq has said that there are promising opportunities to enhance relations and economic development between the two countries. Pointing out that Brazil imports 80 percent of its fertilizer needs, Luis Evaldo Santos (pictured) told Al-Sabaah that Iraq can supply this commodity to Brazil, especially with its large stocks […]
