By John Lee. Qatar has appointed a new Consul General in Erbil. The Head of the Protocol Department at the Ministry of Foreign Affairs, Ammar Dawood, received the consular credentials of HE Hussein bin Ali Al Fadala on Tuesday. The Qatari Investment Holding Company [Estithmar Holding] has recently announced investments in Iraq. (Source: Qatari Ministry […]
By Sarhang Hamasaeed for the United States Institute of Peace (USIP). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's al-Sudani Government, One Year Later It's been an eventful year for Iraq, with mixed results. But on balance, the prime minister has navigated […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq agree to new Turkmen-majority governorate? For years, members of Iraq's Turkmen community have demanded that Tal Afar be elevated from its current status as a district in Nineveh to that of […]
By John Lee. Erbil-based telecommunications company Korek Telecom has reportedly been blocked from communicating with other domestic and international carriers, according to Rudaw. This follows a public announcement last week from Iraq's Communications and Media Commission (CMC), which threatened to disconnect the company if it did not pay its financial obligations: "Based on the expiration […]
By Hamdi Malik, Michael Knights, Crispin Smith and Ameer al-Kaabi, 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. Potential Escalation in Iraq (Part 2): Asaib and Nujaba Asaib Ahl al-Haq, Harakat Hezbollah al-Nujaba, and their facade […]
By Hamdi Malik, Michael Knights, Crispin Smith and Ameer al-Kaabi, 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. Potential Escalation in Iraq (Part 1): Khamenei and Badr Iraqi "resistance" elements are becoming more bellicose in their […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd November 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,416.6 2.4% 55.6% RSISX USD Index 1,392.9 […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for October: Total exports of crude oil: 109,545,589 barrels. Revenues from crude oil exports: $9.669 billion, the highest since July 2022. Oil fields in central and southern Iraq accounted for 108,050,360 barrels of crude oil exports. Exports from Kirkuk through the port of […]
By John Lee. Russian oil firm Lukoil has signed an agreement extending its contract at Iraq's West Qurna 2 oilfield by 10 years, taking it to 2045. Full statement from Lukoil: The representatives of PJSC LUKOIL and Basra Oil Company signed a Supplementary Agreement to the contract on the development and production of oil at […]
By John Lee. China's Zhongman Petroleum and Natural Gas Group Corporation (ZPEC) has announced that it has received a letter from Iraq's Petroleum Contracts and Licensing Directorate (PCLD) confirming the successful approval of its qualifications for Iraq's oil and gas field development and operations. In a statement on Thursday to the Shanghai Stock Exchange, the […]
By John Lee. Médecins Sans Frontières (MSF) [Doctors Without Borders] has handed over its medical activities in the Sinuni General Hospital to the Ninewa Directorate of Health. Full text of statement from MSF: MSF hands over medical activities at Sinuni General Hospital in Sinjar Five years after our first efforts to restore people's access to […]
By Mohammed Muayad Koperly and Osama Tuma Fakhir, for Al Nesoor Law. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Central Bank Introduces Rigorous Regulations for Foreign Currency in Cross-Border Transaction The Central Bank of Iraq (CBI) recently released revised guidelines for foreign […]
