Archive | 2023

Legal Action Against CMEC Struck Out

By John Lee. A British court has dismissed a claim for defamation against the Conservative Middle East Council (CMEC) and its Managing Director, former Conservative MP Charlotte Leslie. Businessman Mohamed Amersi, who founded the rival Conservative Friends of the Middle East and North Africa (COMENA), claimed that emails and documents sent to influential party members in […]

PM Opens "Iraq Gate" Residential Complex

By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani opened the "Iraq Gate" residential project on Tuesday evening in Baghdad. The project has been developed by Amwaj International, which is headed by Namir El Akabi. In his speech at the event, he emphasized the importance of the private sector's involvement in solving the housing problem, […]

Aramco Eyes Major Opportunity In Iraq

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Aramco Eyes Major Opportunity In Iraq Following the recent China-brokered resumption of relationship deal between historical enemies Saudi Arabia and Iran, a deal for the Kingdom to develop two key […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th June 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 1,011.1 3.0% 11.1% RSISX USD Index 994.2 […]

Water Complex rehabilitated by UNDP and USAID in Basra

Water complex rehabilitated by UNDP and USAID provides safe drinking water for over 30,000 people in Basra The United Nations Development Programme (UNDP), U.S. Agency for International Development (USAID), and the Government of Iraq have inaugurated the Al-Hussein water complex, bringing clean, potable water to more than 30,000 people in Hay Al-Hussein subdistrict and helping […]

Iraq Open to the World... and Who's Making it Happen

From the Iraq Britain Business Council (IBBC): Iraq open to the world... and who's making it happen. An IBBC conference on June 16th at London's Mansion House. On 16th June IBBC are hosting a significant delegation of Iraq businesses and government officials to the UK, with a strong focus on energy, oil and gas, new […]

Natural Gas Liquefaction Plant opens at Rumaila

By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani has opened the first phase of the natural gas liquefaction plant project at Rumaila oil field. The project aims to utilize associated gas, and has a capacity of 200 million cubic feet per day in the first phase. By the end of this year, the project's […]

New Dairy Factory Opened in Erbil

By John Lee. The Kurdistan Region Prime Minister, Masrour Barzani, has launched Zom, the largest dairy factory in the Mergasor district of Erbil Governorate. During the opening ceremony, the Prime Minister proudly announced that under the KRG's ninth cabinet, pastoral farming projects have experienced a significant 75-percent increase. Currently, there are 87 such projects in […]

Farmer Organization Models and Cooperatives in Iraq

Stakeholders from across the spectrum shed light on farmer organization models and cooperatives in Iraq and their role in supporting the development of the agricultural sector An event was held by partners implementing the European Union Agri-food Business Development Programme (AfBDP) in Baghdad on Monday (May 29) to discuss the development of farmers' organizations and […]