Archive | 2023

Iraq's Minister of Construction meets Italian Investor

By John Lee. The Iraqi Minister of Construction, Housing and Public Works, Bengin Rikani [Bangin Rekani], has met with Kamel Ghribi, who is the Chairman of GK Investment Holding Group, President of GKSD Holding, President of GSD Healthcare Middle East and Vice President of Gruppo Ospedaliero San Donato (San Donato Hospital Group). They discussed potential […]

Iraq drafts Law to Regulate Electronic Payments

By John Lee. The Iraqi Cabinet has agreed to draft a a law to regulate electronic payments in Iraq. The Legal Department of the General Secretariat of the Council of Ministers will work together with the Central Bank of Iraq (CBI), the Federal Board of Supreme Audit, and the Economic Adviser to the Prime Minister […]

UNDP partners with Private Sector companies in Karbala

UNDP partners with private sector companies in Karbala to boost youth employment The United Nations Development Programme (UNDP) has signed a Statement of Intent with eight private sector companies in Karbala during the second phase of a Job Matching Project aimed at curbing youth unemployment in the governorate. The Job Matching Project is designed to […]

Iraq to raise Electricity Production to 24,000 MW

From Middle East Monitor, under a Creative Commons licence. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Iraqi Ministry of Electricity announced its plans to raise electricity production to 24,000 megawatts in May, an increase of 3,500 megawatts from the current production, local […]

Sweden contributes additional $1.9m for Stabilization in Iraq

Sweden contributes additional US$ 1.9 million to support stabilization in Iraq The Government of Sweden has contributed an additional SEK 20 million (US$ 1.9 million) to UNDP's flagship programme, the Funding Facility for Stabilization. Today, a signing ceremony with Her Excellency Ms. Jessica Svärdström, the Ambassador of Sweden to Iraq, and UNDP Resident Representative in […]

IBBC attends first Ministry of Industry Investment Conference

From the Iraq Britain Business Council (IBBC): IBBC attends first conference of petrochemicals, fertilizers and mineral investment hosted by Ministry of industry and minerals. The aim of the conference was to attract investors to the field of important minerals to the Iraqi economy, such as sulphur and phosphate, as well as the raw materials that […]

Iraq And Kurdistan "Close To Deal On Oil Exports"

By Julianne Geiger for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq And Kurdistan Close To Deal On Oil Exports Baghdad and Erbil are set to reach an agreement over crude oil exports from Iraq's semi-autonomous Kurdistan region within the next […]

Iraq to receive Boeing Dreamliner this month

By John Lee. The management of Iraqi Airways has had a meeting with representatives of Boeing to discuss developing and modernizing the national carrier's fleet. The meeting was held to prepare for the arrival of the 787 Dreamliner at the end of May. Boeing confirmed its commitment to providing support to Iraqi Airways to ensure […]

Labour Recruiters "Exploiting Nigerian Women in Iraq"

From Vanguard Media. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Labour recruiters exploiting Nigerian Women in Iraq Prof Fatima Waziri-Azi (pictured), the Director-General of Nigeria's National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has said that Nigerian women working in Iraq […]

Tender for Study on state of Communications in Iraq

By John Lee. Iraq's Communications and Media Commission (CMC) has invited expressions of interest from specialized consulting companies to conduct a market study on the state of communications in the country, including opportunities, challenges, and future steps. The study will contribute to the implementation of the Commission's plan for optimal use of frequency spectrum and […]