By John Lee. UNHCR, the UN Refugee Agency, welcomes the recent donation of 940,000 Swiss Frances (approximately one million US dollars) from the Government of Switzerland. This funding will strengthen UNHCR's programmes supporting refugees, internally displaced Iraqis and individuals at risk of statelessness in Iraq. In particular, Switzerland's contribution will enable UNHCR to maintain its […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Serious and Impacting Discrepancies in Estimating Oil Export Prices and Revenues A comparison of available data on oil export prices and revenues for the first four months of this year reveals significant […]
By John Lee. Iraqi Trade Minister Athir Dawood Al-Ghurairi announced the resumption of preliminary meetings for Iraq's accession to the World Trade Organization (WTO) after a 16-year pause. The Iraqi negotiation teams have started preparatory meetings at the WTO headquarters in Geneva, preparing for the third working group meeting on Iraq's accession. According to a […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani met with a delegation of Egyptian, Saudi, and Iraqi business leaders specializing in real estate development and integrated smart cities. The delegation included Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG); Suleiman Abdul Qader Al-Muhaidib, Chairman of Saudi Arabian Al-Muhaidib Group, along Essam […]
By John Lee. Dr. Abbas Sabah Al-Baydani, Director General of the General Company for Airports and Air Navigation, signed a supplementary consultancy contract for the Nasiriyah International Airport project with the Turkish company Kiklop Design Hertz Insaat, and a construction contract supplement with the China State Construction Engineering Corporation (CSCEC). This action follows directives from […]
By John Lee. Jordan's Minister of Energy and Mineral Resources, Dr. Saleh Al-Kharabsheh, announced that from May 4, 2023, to June 30, 2024, Jordan imported approximately 5 million barrels of Iraqi oil. The oil was transported by Iraqi and Jordanian tankers from Kirkuk to the Jordan Petroleum Refinery in Zarqa (pictured). This import is part […]
By John Lee. Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi, announced the signing of a contract with Oliver Wyman, a consultancy firm, to provide advisory services for the Development Road project. Al-Saadawi stated that the consultancy will assist the ministry in marketing the project and overseeing investment opportunities. The contract, signed by Younis Khalid Jawad, […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani chaired a special meeting on Thursday to review the implementation of Cabinet Decision 320 (2022), which concerns converting agricultural land to residential use. According to a statement from his office, the Prime Minister examined the procedures and instructions taken to implement the decision and addressed […]
By John Lee. In Baghdad, Iraq's Minister of Trade, Atheer Daoud Al-Ghurairy, and Qatar's Minister of Commerce and Industry, Sheikh Mohammed bin Hamad Al Thani, signed the final report of the 7th Iraq-Qatar Joint Committee session, marking the first meeting in over six years. Minister Al-Ghurairy emphasized the commitment of both nations to enhance economic, […]
From the International Labour Organization (ILO): A holistic approach needed for reforming Iraq's pensions system in line with international labour standards A new policy note from the International Monetary Fund (IMF), International Labour Organization (ILO) and World Bank presents an overview of the key features of the comprehensive pension reforms in Iraq, including a tax-financed […]
By John Lee. The United Nations (UN) in Iraq has published its Annual Results Report 2023. The United Nations Country Team (UNCT) in Iraq, composed of 23 UN Agencies, Funds and Specialized Programmes, is dedicated to supporting Iraq's journey towards achieving the Sustainable Development Goals (SDGs). Guided by the principle of Leaving No One Behind, […]
By John Lee. The International Committee of the Red Cross (ICRC) in Iraq has published its Activity Report 2023. Present in Iraq since the Iran-Iraq war in 1980, the ICRC focuses on addressing the consequences of armed conflicts and other situations of violence. Although large-scale military operations are over, and more attention has been given […]
