By John Lee. The Secretary-General of the Council of Ministers, Dr. Hamid Naim Al-Ghazi, with representatives of China's Huawei, have discussed the process of developing the e-governance and automation project. The comprehensive digital transformation project is intended to reduce paperwork in government institutions. Dr Al-Ghazi confirmed that the e-governance project has reached "advanced stages", and […]
UNICEF receives USD $1,4 million from the Government of Canada to support young people's transition to entrepreneurship and employment in Iraq The Government of Canada has contributed USD$1.4 million to UNICEF to support close to 1,500 young people in Iraq to generate educational and economic opportunities for inclusive development and participation for a 2-year period. […]
WFP Iraq Country Brief, March 2022 In Numbers 710,492 people assisted in March 2022 US$ 2.25 million distributed in March 2022 through cash-based transfers 1,686 mt of in-kind assistance distributed US$ 39.4 million six months net funding requirements (April - September 2022) Operational Updates In March, WFP provided cash and food assistance to 182,152 internally […]
By John Lee. Iraq's Department of Non-Governmental Organizations, in cooperation with the United Nations Development Program (UNDP), has launched a project to empower civil society organizations in partnership with the Central Bank of Iraq (CBI), the Islamic Development Bank and the Islamic Solidarity Fund. The project aims to empower organizations and improve the social and […]
By John Lee. Gulf Keystone Petroleum (GKP) has just published details of its payments to governments for the year 2021: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ("Gulf Keystone") for the year ended 31 December 2021 as required under Disclosure and […]
By Ayser Jabbar 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 grapples with rising food costs as a result of Ukraine war Ripple effects from the Russian invasion of Ukraine are driving the Iraqi government to allot additional funds […]
By Fehim Tastekin for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey may 'lock' borders with Syria and Iraq to deal with Kurdish militants There is speculation about a secret deal between Ankara and Baghdad eyeing a contiguous, 30-kilometer-deep buffer […]
Earthlink to use Nokia's GPON solution to improve coverage in Iraq's eight governorates Earthlink Telecommunications will use the Nokia solution over eight governorates/provinces in the country with high-speed and quality fixed access services to over 1.5 million subscribers, as part of one of the largest Fiber-to-the-Home (FTTH) projects awarded in the country. Earthlink will use […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Historic Sawa Lake disappears from Iraqi map The Sawa Lake in Iraq has been associated with tales of history and human activity for hundreds of years, but today […]
By John Lee. According to the recently-published World Economic Outlook from the International Monetary Fund (IMF), Iraq's economy is forecast to grow by 9.5 percent this year, giving it the fastest real GDP growth of all the Middle East and Central Asia countries. The 2023 expectation of 5.7 percent is just one percentage point behind […]
By John Lee. Mobile phone service Asiacell has reported a healthy increase in its customer base and revenue. In its financial results for the quarter ended 31 March 2022, parent company Ooredoo said: "Asiacell reported revenue of QAR 883 million during Q1 2022, an increase of 4%, compared to QAR 852 million in Q1 2021, […]
Orange Corners Innovation Fund signs an MoU with the National Bank of Iraq (NBI) to launch the Orange Corners Innovation Fund (OCIF) program in Baghdad KAPITA, a leading private sector development company, has signed a Memorandum of Understanding with the National Bank of Iraq (NBI) to launch the Orange Corner Innovation Fund (OCIF) in Baghdad. […]
