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Norway Renews Commitment to Stabilization in Iraq

Norway renews commitment to stabilization with new $7.7m contribution The Government of Norway has contributed NOK 70,000,000 (US$7.7 million) to the United Nations Development Programme (UNDP) Iraq's Funding Facility for Stabilization (FFS), which supports stabilization and the return of internally displaced persons (IDPs) from the five governorates liberated from the Islamic State of Iraq and […]

Federalism and Iraq's Constitutional Stalemate

By Raad Alkadiri, Senior Director, Boston Consulting Group's Center for Energy Impact, for the Royal Institute for International Affairs (Chatham House). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Federalism and Iraq's Constitutional Stalemate This paper assesses the ongoing constitutional battle over the devolution […]

UN "Gravely Concerned" about IDP Camp Closures

Statement from the United Nations Resident and Humanitarian Coordinator, Irena Vojackova-Sollorano (pictured), on IDP camp closures in Iraq: I am gravely concerned about the thousands of civilians who have been moved from camps for Internally Displaced Persons (IDPs) in Iraq in the last six weeks and have not yet found new homes. The Government of […]

Tabib Baghdad secures more Funding

By John Lee. An online platform that connects Iraqi patients to doctors has reportedly raised a six-figure sum in its latest round of fundraising. According to Startup MGZN, Tabib Baghdad raised the money through the recently-launched Iraqi Angel Investors Network, led by KAPITA and Nass Al Iraq. It adds that the Deutsche Gesellschaft für Internationale […]

Iraqi Economy 'Riddled with Corruption'

Iraq's economy is so riddled with corruption that minor border post jobs are changing hands for as much as $100,000, Iraq's deputy prime minister, Ali Allawi (pictured), has admitted. More here. (Source: The Guardian)

Netherlands to send New Troops to Iraq

By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Netherlands to send new troops to Iraq as coalition shifts to advisory role The Netherlands is preparing to bolster its mission in Iraq by sending up to 150 additional troops to Iraqi […]

IBBC discusses Govt of Iraq's White Paper

IBBC discuss Government of Iraq's White Paper In an extensive discussion, leading executives and directors from the Iraq Britain Business Council (IBBC) presented their insights and observations on the GoI White paper for reform. Speakers included: Professor Frank Gunter, Professor of Economics, Lehigh University, Advisory Council Member, IBBC Mr Shwan Aziz Member of the IBBC […]

Genel announces First Oil at Sarta

Genel Energy has announced first oil production from the Sarta field (Genel 30% working interest), less than 21 months after the acquisition of the stake was completed. Production has begun at Sarta with first oil flowing from the Sarta-3 well into the Early Production Facility. The Sarta-2 workover operation is on track to be completed […]

HRW: Scrap Bill to Restrict Free Speech

Iraqi lawmakers are considering a draft law on information technology crimes that could be used to stifle free expression, Human Rights Watch (HRW) said this week. It says the bill includes vague provisions that will allow Iraqi authorities to harshly punish expression they decide constitutes a threat to governmental, social, or religious interests. More here. […]

Experts discuss fate of the Iraqi Dinar

By John Lee. At a webinar hosted by the Iraq Britain Business Council (IBBC) yesterday, a team of experts presented and discussed their insights on the Iraqi government's recent White Paper, and on the challenges and opportunities facing the country. On the subject of the Iraqi currency, Frank Gunter, Professor of Economics at Lehigh University, […]