By John Lee. IranAir will reportedly operate two new daily round-trip flights to Najaf International Airport. According to Iran's Financial Tribune, there will be a morning flight from Tehran's Imam Khomeini International Airport, and afternoon flights from Mashhad. More here. (Source: Financial Tribune)
By John Lee. The newly-elected Iraqi parliament has re-elected Mohamed al-Halbousi (pictured) as Speaker for a second term. Mr Halbousi received 200 votes, with his opponent, Mahmood al-Mashhadani, getting just 14. According to Al Jazeera, Parliament now has 30 days to elect the country's new President, who will then ask the largest bloc in parliament […]
By John Lee. Iran's Minister of Roads and Urban Development, Rostam Qasemi, has said the Shalamcheh-Basra railway project, linking Iraq and Iran, will be completed within two years. He added that a joint venture between the Islamic Republic of Iran Railways and Iraqi Republic Railways (IRR) will be set up in two months. The most […]
By John Lee. The Iraqi government is working to set up a special fund to contribute to the development of Najaf province. Prime Minister Mustafa al-Kadhimi made the announcement following a visit to Najaf on Thursday. He also instructed the Ministries of Construction, Housing, Municipalities and Public Works to find solutions to the problems of […]
A new Iraqi think-tank has been set up with the aim of finding realistic and practical solutions to rebuilding the Iraqi state, enhancing safety and security, a.......nd rooting out corruption and sectarianism. The Iraq Forum for Dialogue says it supports "a strong and just national government stemming from the will of the people, and the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th January 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD938 (+2.2%) / $823 (+2.2%) (weekly change) (+2.2% and +2.2% YTD change, respectively). The number of week traded […]
Al Monitor has published a useful summary of Iraq's recent parliamentary election, and the ongoing process of forming a new government. Click here to read the full article.
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq records first omicron cases Five cases were confirmed in Dohuk province and an unknown number of infections were recorded among foreign diplomats in Baghdad. Click here to read the full […]
As we publish our first newsletter of the new year, we'd like to say a special word of thanks to all of our contributors, including our panel of Expert Bloggers, who have given us the benefit of their wisdom and observations over the past twelve months: Ahmed Mousa Jiyad Ahmed Tabaqchali (AFC Iraq Fund) Alice […]
By John Lee. The Iraqi cabinet has agreed to allow the Basra Oil Company (BOC) to take over ExxonMobil's holding in the West Qurna 1 oilfield, at a price of up to $350 million. Addressing media after Wednesday's cabinet meeting, Minister of Communications Arkan Al-Shaibani (pictured) said the cabinet also allocated an initial payment of […]
The Kurdistan Region's High Committee for Combating COVID-19 met on Tuesday and issued the following directives as part of the Kurdistan Regional Government's efforts to curb the spread of the pandemic: The vaccination deadline for public service employees (civil and military) will be extended to 20 January 2022. Any employee who fails to adhere to […]
By John Lee. Ardh Al-Mewada has won contracts with the United Nations Office for Project Services (UNOPS) for the provision the following for Primary Health Centers in Anbar: Lot 1 - Supply & Installation of Medical Equipment: Contract value $58,500 Lot 2 - Supply & Installation of Furniture: Contract value $68,870 Lot 3 - Supply […]
