Archive | 2024

Riad Chehayab joins IBBC Advisory Council

Riad Chehayab (pictured), Director of assurance and consultancy at Serco, has joined the Iraq Britain Business Council (IBBC) advisory council.  Riad oversaw running air traffic control for the Iraqi Government in Baghdad for 10 years, and previously ran air operations for Serco Middle East. While in Iraq, Riad acted as an advisor to the Iraq […]

In key Concession to Turkey, Iraq bans PKK

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In key concession to Turkey, Iraq bans PKK Iraq's government has banned the Kurdistan Workers' Party (PKK) ahead of an expected visit by Turkish President Recep Tayyip Erdogan next month. This comes as […]

Fmr Iraqi Defense Minister "arrested" in Sweden

By John Lee. A former Iraqi Defense Minister has reportedly been arrested in Sweden on suspicion of fraud. Najah al-Shammari (pictured), who served in the government of Prime Minister Adil Abdul-Mahdi from May 2019 to June 2020, is said to have been arrested at Stockholm Airport. Shammari, who holds dual Iraqi-Swedish citizenship, is suspected of […]

US Ambassador wants Strong US-Iraq Strategic Partnership

By John Lee. The US Ambassador to Iraq, Alina L. Romanowski, has expressed a wish for a strong US-Iraq strategic partnership that will benefit all Iraqis. In a statement marking the start of Ramadan, she highlighted: Since 2012, the U.S. Congress has appropriated more than $3.5 billion to build up Iraq's security forces. Over the […]

Iraq has 6 months Wheat Reserves

By John Lee. Iraqi Minister of Trade Atheer Dawood Al-Ghareeri announced in a press statement the attainment of self-sufficiency and the establishment of a strategic wheat reserve sufficient for the next six months, along with preparations to welcome a promising agricultural marketing season. Al-Ghareeri stated, "The Ministry of Trade's warehouses are filled with over two […]

Iraq to adjust for Oil Over-Production

By John Lee. The Iraqi Ministry of Oil has reiterated its commitment to voluntary production cuts in support of initiatives by OPEC+ member states to maintain stability and balance in the oil market. Despite reports of regional production outside of coordination and agreement with the federal government, the Ministry says it has taken proactive measures […]

SalamAir Opens New Office in Baghdad

By John Lee. Oman-based low-cost airline SalamAir has opened a new office in Baghdad. His Excellency Hamed Ahmed Eidroos, Ambassador of Oman in Iraq, attended the event at the Al Asal Building, 14th Ramadan St. Al Mansour district, and highlighted the historic significance of SalamAir's arrival in Baghdad. After a 20-year hiatus in direct flights […]

KRG PM Hosts Banking Leaders

By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has held a meeting with a delegation from the banking sector, including Jordan Kuwait Bank and the Bank of Baghdad. According to a statement from the KRG, the meeting focused on potential collaborations and projects to enhance the banking infrastructure and spur economic […]

Navigating Social Norms to Empower Iraq's Female Workforce

By Soraya El-Khalil and Tala Ismail, for the World Bank. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Navigating social norms to empower Iraq's female workforce As we mark International Women's Day this month, we spotlight the main hurdles to women's labor force participation […]