From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will economic clout pave way for Chinese interference in Iraqi politics? As China expands its involvement in the Iraqi economy, Beijing is seen as increasingly wielding its economic clout to influence Iraq's domestic […]
By John Lee. The United Nations Security Council, at its 9642nd meeting on 31st May 2024, decided to extend the mandate of the United Nations Assistance Mission for Iraq [UNAMI] for a final 19-month period until 31 December 2025, unanimously adopting Resolution 2732 (2024). The Iraqi Government welcomed the resolution terminating the mandate, and expressed […]
By John Lee. An Iraqi member of parliament has reportedly warned of a "national security disaster", following the alleged disappearance of funds belonging to Canadian security company Biznis Intel. In 2022, the company was controversially awarded a contract to secure Baghdad International Airport (BIAP), taking over from the British company G4S. Shafaq News Agency reports […]
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. The Oil Deal That Represents the West's Final Chance to Regain Influence in Iraq US seeks influence in Iraq via French oil giant TotalEnergies' $27-billion deal. The deal aims to […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 30th May 2024). 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 1,778.0 -3.5% 14.4% RSISX USD Index […]
By Soner Cagaptay, Selin Uysal, 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. The Iraq-Turkey Reset From water rights to PKK violence, a recent summit seemed to remove several long-festering thorns from the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China dominates bidding for Iraqi energy as US firms stay out Held on the back of Iraqi Prime Minister Muhammad Shia' Al-Sudani's recent landmark visit to the US, a new round of bidding […]
By John Lee. Brussels-based Education International has called for increased public investment in education in Iraq. The organisation, which says that it, "brings together organisations of teachers and other education employees from across the world", said: "Public education in Iraq is underfunded, with only 5.7 per cent of the government budget allocated to this sector. […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for April, but has not disclosed the value of oil exports for the month. This follows an increasing trend of delayed or missing oil export data from the Ministry. Total exports of crude oil: 102,386,818 barrels. Oil fields in central and southern […]
By John Lee. The International Monetary Fund (IMF), International Labour Organization (ILO), and World Bank have issued a detailed report on the reform of Iraq's pension system. The report, titled "Towards an Inclusive, Equitable and Sustainable National Pension System in Iraq", highlighted the following key points: Importance of Pension Systems: Central to social protection. Ensures […]
By John Lee. Lieutenant General Lucas Schreurs of the Netherlands assumed command of NATO Mission Iraq on Friday (24 May 2024), at a change of command ceremony in Baghdad. He succeeds Lieutenant General José Antonio Agüero Martínez of Spain, who had been in post since May 2023. "It is an honour and privilege for the […]
From the Iraq Britain Business Council (IBBC): Professor Frank Gunter launches a new white paper on de dollarisation of Iraqi economy Professor Frank Gunter publishes a new paper commissioned as part of a series by IBBC's advisory council on the challenges of de-dollarisation for Iraq. The Advisory Council members and IBBC members have actively contributed […]
