Archive | 2024

Is Iraqi Federalism Under Threat?

By Hamzeh Hadad, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is Iraqi Federalism Under Threat? The Federal Supreme Court (FSC) has issued multiple rulings that impact the nature of the relationship between the federal government in Baghdad and the […]

Launch of Iraqi Climate Change Advisory Group

Mr. Nizar Amidi, Minister of Environment, and Mr. Ghulam Mohammad Isaczai, the Deputy Special Representative of the Secretary-General of the United Nation, Resident Coordinator, and Humanitarian Coordinator in Iraq (DSRSG/RC/HC), have launched the Iraq Environment and Climate Change Policy Advisory Group in Baghdad. The Group will serve as an informal platform to foster policy dialogue, […]

Red Crescent Iraq Plan, 2024-2025

From the International Federation of Red Cross and Red Crescent Societies (IFRC): The Iraqi Red Crescent Society is an independent, volunteer-based organization that works to alleviate the suffering of Iraq's most vulnerable communities. The Iraqi Red Crescent Society was established in 1932 and admitted to the International Federation of Red Cross and Red Crescent Societies […]

Why Sunni autonomy is back on the agenda in Iraq

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Sunni autonomy is back on the agenda in Iraq Calls for the establishment of an autonomous Sunni region have recently resurfaced in Iraq, reigniting longstanding grievances between major political actors. The full […]

Iraq Bans PKK as Security Ties with Turkey Gain Momentum

By Ezgi Akin for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq bans PKK as security ties with Turkey gain momentum The decision comes after the high-level talks between Turkish and Iraqi officials in Baghdad. Click here to read the full […]

Iraq's Development Road: Geopolitics, Rentierism, and Border Connectivity

By Harith Hasan, for Carnegie Middle East Center. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Development Road: Geopolitics, Rentierism, and Border Connectivity Iraq's Development Road project aims to create an Iraqi transborder transportation network connecting the Persian Gulf with Türkiye. This […]

Austrian Airlines to resume Direct Flights to Baghdad?

By John Lee. On Wednesday, March 13, 2024, Deputy Prime Minister and Foreign Minister Fuad Hussein, received the Austrian Ambassador to Iraq Andrea Nasi, at the Ministry's headquarters. The meeting discussed aspects of joint cooperation and means of enhancing relations, in addition to, highlighting the outcomes of the Minister's visit to Vienna at the end […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th March 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 1,654.0 -3.8% 6.4% RSISX USD Index 1,626.4 […]

Central Bank discusses Increasing the Value of the Iraqi Dinar

By John Lee. On Thursday, Iraq's Finance Committee, chaired by Atwan Al-Atwani, convened with its members and the Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, to discuss monetary policy, the banking system, and methods to increase the value of the Iraqi dinar. Al-Atwani stressed the importance of monitoring the economic file and […]

Tehran, Baghdad "Keen to Expand Banking Ties"

From Tasnim, 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 chairman of the Iran-Iraq Joint Chamber of Commerce said banking officials from the two countries are keen to expand the monetary and banking relations. There is not any […]

Genel Energy Update on Oil Reserves

By John Lee. Genel Energy has issued an updated on oil reserves across its portfolio: Working interest oil reserves (MMbbls) 1P 2P 3P 31 December 2022 68.9 92.2 125.6 Production (4.5) (4.5)   (4.5) Revision of previous estimates (1.0)  4.0   (1.8) Acquisitions and disposals   - (2.7)   (8.4) 31 December 2023 63.4 88.9 […]

Air Arabia announces Sharjah-Basra Route

By John Lee. Emirati low-cost airline Air Arabia has announced the launch of its new route from Sharjah to Basra in Iraq. The new direct flights will connect Sharjah International Airport to Basra International Airport with a frequency of three flights per week starting from June 03, 2024 Schedule to Basra, effective June 03, 2024 […]