Archive | 2022

IoT Kids secures Equity Investment from Earthlink

IoT-Kids, an Iraqi-based online programming learning platform for children, has successfully secured five-figure investment from the leading ISP provider in Iraq - Earthlink Telecommunications, through the Iraqi Angel Investors Network (IAIN) member, Dr. Ala'a Jasim [Alaa J Mousa]. This investment included a matching grant of 20,000 dollars from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) […]

Iraq Oil Exports Rise to $8.5bn in February

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for February of 92,790,173 barrels, giving an average for the month of 3.314 million barrels per day (bpd), up from the 3.203 million bpd exported in January. The exports from the oilfields in central and southern Iraq amounted to approximately 91,314,828 barrels, while […]

Pilot Interventions for Livestock Producers in Najaf

FAO implementing pilot interventions for livestock producers in Najaf al Ashraf As part of the efforts to support farmers in Iraq, FAO, in cooperation with the MOA/DOA Najaf al Ashraf Governorate, has started distributing molasses in Um Khashem / Al-Mishkhab District to livestock producers in order to improve livestock nutrition and mitigate high feed costs. […]

The Future of ISIS after the Killing of its Latest Caliph

By Adham Karam 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. The Future of the Islamic State in Iraq and Syria after the Killing of its Latest Caliph Following the killing of ISIS leader Abu Ibrahim […]

Partnership Supports Private Sector Development in Kurdistan

New partnership supports private sector development in Iraq's Kurdistan Region The United Nations Development Programme (UNDP) in Iraq and the Kurdistan Regional Government's Ministry of Planning (MoP) have today signed a new Memorandum of Understanding (MoU) that will boost the private sector by encouraging the growth of micro, small and medium enterprises (MSMEs). The MoU […]

Iraq to host World Cup Soccer Qualifier

By John Lee. The President of the Iraq Football Association (IFA) has confirmed that Iraq's forthcoming World Cup qualifier against the United Arab Emirates (UAE) will take place in Iraq. Adnan Dirjal, who is also Minister of Youth and Sport, said the match will be held at the Al-Madina International Stadium in Baghdad in late […]

Iraq Finalises January Oil Exports

By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for January of 99,286,078 barrels, giving an average for the month of 3.203 million barrels per day (bpd), down from the 3.277 million bpd exported in December. The exports from the oilfields in central and southern Iraq amounted to approximately 96,430,596 barrels, while […]

IBBC visit to Iraq

From the Iraq Britain Business Council (IBBC): From 12th to 19th February 2022 Baroness Nicholson accompanied by IBBC Managing Director Christophe Michels  visited Baghdad, Erbil and Dohuk. For their meetings they were joined on occasion by IBBC's Member Representative in Iraq, Mr Haider Al Shamaa, and by IBBC Executive Committee Member, Mr Sardar Al Bebany. […]

New Paper Factory opened in Karbala

By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has opened the Al-Kawthar Paper Factory in Karbala. The plant has a capacity of 250 tons of paper per day, which covers 17 percent of the Iraq's needs. It can also produce 150 tons per day of cartons, covering 15 percent […]

Basra Business Incubator

Among the fruits of the partnership between The Association of Municipalities and Towns of Slovenia and Basra governorate, is the Basra Business Incubator. The Basra Business Incubator was opened last December to help young people kick-start their projects and their future careers. The incubator -the first of its kind in the region- will serve as a […]

Netherlands offers Scholarships to Iraqi Professionals

By John Lee. The Dutch Ministry of Foreign Affairs has announced training opportunities at educational institutions in the Netherlands, targeted at Iraqi professional "impact makers" under the age of 45. Approximately 20 scholarships will be awarded to female and male professionals who are: highly motivated; living and working in Iraq; 20 to 45 years old; […]