By John Lee. In a meeting attended by the Spanish Prime Minister Pedro Sanchez, Iraqi Prime Minister Mohammed Shiaa Al-Sudani met with representatives from Spanish businesses and Iraqi entrepreneurs. The Spanish companies attending the meeting were: Andra Consultrans Group: A Madrid-based, "engineering, architectural, strategic consultancy and information and technology projects for the transport sector, both […]
By John Lee. Saudi Arabia's Gulf Elevators and Escalators Co. (GEEC), a subsidiary of Mayar Holding, has signed an exclusive agency agreement with Midpoint Trading and Agencies Ltd. in Iraq. According to a statement from Mayar, under the three-year agreement, Midpoint Trading and Agencies will exclusively market, sell, install, and maintain Gulf Elevators' elevator and […]
The Rabee Securities Iraq Stock Exchange (ISX) index has closed the year up more than 97 percent in USD terms. According to date from Rabee Securities, the biggest winner was Al-Ameen Estate Investments, which gained more than 500 percent, while the biggest loser was National Islamic Bank, which more than halved in value: RSISX Index […]
By John Lee. The Iraqi and Iranian ministers of oil have agreed to establish committees to expand cooperation, including committees for the development of shared border fields, investment in gas and petrochemical industries, and renewable energy. Other committees will focus on the qualification and development of refineries, joint training, and collaborative efforts in oil marketing, […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th December 2023). Note: ISX will be closed on December 31, 2023 and January 1, 2024 due to the end-of-year closing operations. The next trading session will be held on Jan. 2, 2024. Please click here to view a table of listed companies […]
By Sardar Aziz and 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. Family Rule in Iraq and the Challenge to State and Democracy A handful of personalities have consumed all the country's political oxygen, […]
Iraq has seen routine immunization coverage fluctuate in 2023, and there has also been a very low uptake of COVID-19 vaccination. To assess the immunization landscape in Iraq, the WHO Country Office in Iraq ran a 4-day Expanded Programme on Immunization (EPI) bottleneck analysis workshop. The workshop sought to explore how well immunization targets had […]
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Tragedies Born of Negligence in Iraq More enforcement of safety regulations needed. Click here to read the full article.
By John Lee. The Iraqi Cabinet has endorsed the Central Review and Approval Committee's recommendation to proceed with the referral and appeal process for the Daghara Residential Project in Diwaniyah Province. According to a statement from the Prime Minister's office, the companies involved are Al-Ansab General Contracting Company and Al-Ansab Towers General Contracting Company. It […]
The Japan International Cooperation Agency (JICA) has signed a loan agreement with the Government of Iraq to provide a Japanese ODA loan of up to 45,298 million yen [$320,ooo] for the Samawah Water Supply Improvement Project. In order to improve water-supply volume, water quality, and service hours, and to make effective use of water resources, […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export figures for November: Total exports of crude oil: 102,975,782 barrels. Revenues from crude oil exports: $8.482 billion. Oil fields in central and southern Iraq accounted for 101,764,620 barrels of crude oil exports. Exports from Kirkuk through the port of Ceyhan have been suspended. […]
By Noam Raydan and Harry Istepanian, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. After 'green talk' at COP28, where should Iraq begin? Iraq must demonstrate how it will balance its plans to reduce emissions while increasing crude production and continuing […]
