By John Lee. Iraqi Prime Minister Mohammed Shia al-Sudani has announced that 183 billion Iraqi dinars (approx. $125 million) of the $2.5 billion stolen from the bank account of the tax authorities has been recovered. He said that businessman Noor Zuhair Jassim had admitted receiving about $1 billion of the funds, and that arrangement were […]
Prime Minister Masrour Barzani's statement on the passage of the Law of Electronic Signatures and Transactions: I strongly welcome the Kurdistan Parliament's passage of the amended 'Electronic Signatures and Transactions' federal bill today. The passage of this important piece of legislation - a collaborative effort across the whole of government with support of global best […]
By John Lee. Iran's Ministry of Petroleum has reportedly opened a representative office in Baghdad. A representative of Iran's Ministry of Petroleum was quoted as saying that the office was opened to promote cooperation and synergy, and particularly joint projects between Baghdad and Tehran in the fields of oil, gas, and energy. He added that […]
UNICEF, funded by Germany, ensures access to safe drinking water to more than 250,000 people in Al Najaf Governorate UNICEF and the German Embassy handed over a water project funded by Germany, to the Governorate of Al Najaf. This project will secure safe and clean drinking water benefitting more than 250,000 people in south Al […]
By Bilal Wahab 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. Saving Iraqi Sovereignty: Iran, Turkey and a Fractured Homeland The hostile and corrupt forces arrayed behind him might ease their anti-American activities just to reassert […]
By Patrick Clawson 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. Changing Population Patterns Will Reshape the Middle East Iraq is expected to explode in population, presumably increasing in geostrategic importance in the process. Click here […]
By John Lee. The United Nations (UN) has awarded several Iraq-related contracts recently: United Nations Secretariat: Development of Side Walkways for Streets in AlAsry Neighborhood-Baiji District, Salahddin Governorate: Granted to Aswar Al-Hadhaba General Trading, Contracting and Transportation Ltd. Contract value $97,100; United Nations Secretariat: Rehabilitation Al-Qosh Youth Center building in Al-Qosh Sub-District, Ninewa Governorate: Granted […]
By John Lee. Irish-based consultancy AARC has won a contract with the International Labour Organization (ILO) for the "Institutional Assessment of the Capacity to Implement the draft Social Security Laws for Workers in the Private Sector in Iraq." The contract value was not specified. AARC is also involved in Iraq's e-government project. (Source: UNGM)
From the Iraq Britain Business Council (IBBC): The IBBC Spring conference will take place in the City of London's Mansion House, at the core of the UK's and the international financial services industry. Previous Spring conferences at The Mansion House have been very well attended with strong delegations of Iraqi Government officials, both from Baghdad […]
KRG Prime Minister Masrour Barzani has inaugurated the second and third phases of Erbil's 150-KM ring road in a special ceremony. The two phases are a part of the 70-kilometer highway around Erbil, which will serve to connect the Kurdish capital with Duhok and Sulaimani, while also facilitating trade with neighbouring countries. "It is a […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for October of 104,831,120 barrels, giving an average for the month of 3.382 million barrels per day (bpd), up from the 3.292 million bpd exported in September. The exports from the oilfields in central and southern Iraq amounted to approximately 102,070,427 barrels, while […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th November 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD913 (-1.0%) / $794 (-1.3%) (weekly change) (-0.5% and -1.4% YTD change, respectively). The weekly trading volume was […]
