By John Lee. Iraq's Ministry of Industry has reportedly invited investors for its new Wasit Industrial City. The Director of Planning at the Industrial Cities Authority of the Ministry, Amal Hassan Al-Bazzouni, told Al-Sabaah news agency that the authority was keen to make the industrial city environmentally friendly. The development will cover an area of […]
By John Lee. The Minister of Natural Resources of the Kurdistan Regional Government (KRG) has filed a civil suit against the Baghdad Minister of Oil, accusing him of sending emails and letters with the intention of intimidating international oil companies (IOCs) and interfering with the contractual rights of the IOCs and the KRG. The KRG […]
By John Lee. US-based engineering company Kellogg Brown & Root (KBR) has agreed to a settlement of nearly $14 million to resolve allegations of fraud relating to its activities in Iraq. According to a statement from the US Department of Justice, the claims resolved by the settlement are allegations only and there has been no […]
By John Lee. The Iraq Britain Business Council (IBBC) has announced that Baghdad-based Etihad Law has joined the organisation as a new member. Etihad provides legal services to individuals and corporations, and provides financial services supporting small- and medium-sized projects. The firm was founded by Ahmed Al Hankawi and AbdulHadi Al Shimary. (Source: IBBC)
By John Lee. Saudi Arabia has approved a memorandum of understanding (MoU) with Iraq, under which Saudi Arabia would provide electricity to Iraq. The agreement was approved at meeting of the Saudi cabinet (pictured) on Tuesday, chaired by King Salman bin Abdulaziz Al Saud. According to the state-controlled Iraqi News Agency (INA), the routes of […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Kurdish female entrepreneurs overcome barriers to succeed Businesswomen say Iraq's Kurdistan Regional Government needs to work harder to create the conditions for entrepreneurs. Click here to read the full article.
Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to deploy its DN Series ATMs in Iraq. The bank's ATMs will be monitored by Vynamic View software to detect and prevent downtime, optimize performance and reduce costs for the bank. Sara Ahmad, chief executive officer at Al Qurtas Islamic Bank, said: "We […]
FAO and the European Union: a real partnership with diary producers and empowering rural women The Food and Agriculture Organization of the United Nations (FAO), in cooperation with the Ministry of Agriculture-Ninewa Agriculture Directorate, and through the European Union (EU) funded project "support to agricultural livelihoods of rural and peri-urban returnees and communities in Nineveh […]
Writing in the Financial Times, Raya Jalabi says that from this month Iraqi citizens are forbidden from contacting Israeli officials on social media, attending gatherings organised by or even "tied to" the Jewish state or setting foot in any Israeli embassy worldwide. Click here to read the full article (subscription required)
By John Lee. The Iraqi government has decided hold an "electronic national population census" in the last quarter of next year. The decision was taken at a meeting of the country's Higher Population Council, which was chaired by Prime Minister Mustafa al-Kadhimi. (Source: Govt of Iraq)
The Iraq Britain Business Council (IBBC) has hosted a very successful Tech Forum as part of its recent Spring Conference at London's Mansion House. The session was chaired by Ashley Goodall, Marketing Adviser to the IBBC. Speakers: Padraig O'Hannelly, Iraq Business News (IBN); Fahreem Ahmed, G42; Will Harborne, Diversifi Please click here to view the […]
U.S. Embassy Baghdad announces an online auction from June 26 to July 03, 2022. This is a routine auction to dispose of excess used property; U.S. Embassies all around the world routinely hold these types of auctions to dispose property that is no longer needed by the U.S. Government. The auction will be open to […]
