Archive | 2022

"Dinar Debacle" pits Iraq's FM against Sadrists

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dinar debacle pits Iraq's finance minister against Sadrists Iraq's finance minister is caught in a worsening confrontation with the Sadrist Movement. The clash erupted after Shiite cleric and politician Muqtada Al-Sadr took to […]

Iraqi Federal Court Accused of Politicization

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. Iraqi federal court accused of politicization Iraq's federal court ruled March 2 that the formation of the Anti-Corruption Committee formed by the Iraqi prime minister in mid-2020 is […]

Appetite for Iraqi Oil Grows as Buyers Shun Russia

By Ruxandra Iordache for Argus Media. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's State Oil Marketing Organization (SOMO) has received requests for additional crude supply as buyers seek alternatives to Russian volumes, according to a senior Iraqi official. Click here to […]

Iraq RSISX Index closes week over 1,000

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd March 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD1020 (+3.8%) / $901 (+3.8%) (weekly change) (+11.1% and +11.9% YTD change, respectively). The number of week traded […]

Iraq Start-Up Days at EXPO 2020

Rabee Securities is hosting a 3-day event at the Iraq Pavilion at EXPO 2020 to showcase Iraq's top technology startups. From 7-9 March, presentations will be given by Iraq's most promising entrepreneurs and interested parties will have the opportunity to meet them one-on-one. The lineup of startups scheduled to attend include Miswag, Iraq's largest ecommerce platform as […]

Takween Investor Bootcamp Program

The Takween Accelerator is looking for potential investors to attend our Investor Bootcamp Program. This program is designed to provide an investor training bootcamp to high potential individuals to increase their interest and skills in investing in tech startups within KRI and Iraq. The goal of this program is to increase the number of startup […]

Audio: Mohammed Al-Daraji talks to CMEC about Iraq's Security

From the UK's Conservative Middle East Council (CMEC). Almost 19 years after the 2003 invasion of Iraq, CMEC's Charlotte Leslie interviews senior Iraqi official Mr Mohammed al-Daraji about the necessity of maintaining security in Iraq. Mr Al-Daraji - the President of the country's National Defence Industries Commission, effectively Iraq's arms department - speaks candidly about […]

New Programme to Reform Social Protection in Kurdistan

With support from the European Union, UNICEF, WFP, and ILO partner with the Kurdistan Regional Government to reform social protection The Ministry of Planning and the Ministry of Labour and Social Affairs of the Kurdistan Regional Government (KRG), the United Nations Children's Fund (UNICEF), the United Nations World Food Programme (WFP), and the International Labour […]

Iraqi Central Bank may Stop Financial Dealings with Russia

By Layal Shakir, for Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi central bank suggests halting business, financial dealings with Russia The Central Bank of Iraq (CBI) on Wednesday suggested halting business operations and financial dealings with Russia following America's far-reaching sanctions […]

Ericsson Shares Slide Further on New Iraq Revelations

By John Lee. Shares in Swedish telecom company Ericsson have again fallen sharply, following further disclosures about the its conduct in Iraq, and concerns that it had not cooperated fully with the US Department of Justice. In a statement on Wednesday, the company said: "On December 6, 2019, Ericsson entered into a Deferred Prosecution Agreement […]