Author Archive | Editor

Iraq "in Talks" with IMF for $6bn Loan

By John Lee. Iraq is reportedly in discussions with the International Monetary Fund (IMF) to secure a $6 billion loan to help its finances. Finance Minister Ali Allawi (pictured) told Bloomberg that Iraq can apply for $2 billion in quick financing from a special mechanism to help Covid-battered economies, followed by an additional $4 million.. […]

ICAA awards First Int'l Op License to Menzies JV

Iraqi Civil Aviation Authority awards first international ground services operating license to Menzies' MASIL Joint Venture Menzies Aviation announced on Thursday that the Iraqi Civil Aviation Authority (ICAA) has awarded the exclusive contract for the delivery of a full suite of ground handling, cargo and fuelling services at Baghdad International Airport to Menzies' joint venture […]

UNDP promoting Blended Learning in Iraq

UNDP Iraq Accelerator Lab and Government of Iraq work to promote Blended Learning within higher education system in Iraq Due to the need for alternative ways of working and learning brought about by effects of the coronavirus pandemic, many schools and universities have adopted blended learning across the globe. Blended learning which is a system […]

Iraq's Disappearance From Biden's Agenda "a Big Mistake"

By Mina al-Oraibi, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Disappearance From Biden's Agenda Is a Big Mistake Upcoming elections offer an opportunity to turn Iraq around-and contain Iran in the process. Click here to read the full […]

Iraq approves Paris Climate Accord

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. Iraq approves Paris climate accord in step toward curtailing oil dependence Iraq faces significant hurdles in transitioning to an economy without oil dependence, and future trends can be expected to exacerbate […]

PM vows Security Changes after Baghdad Bombing

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. Iraqi PM vows security changes after Baghdad bombing Prime Minister Mustafa al-Kadhimi also sacked a number of Iraqi security officials within hours of the attacks. Click here to read the full […]

Changing of the Guard: New Iraqi Militia Trends and Responses

By Michael Knights, Hamdi Malik, Crispin Smith, 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.  Changing of the Guard: New Iraqi Militia Trends and Responses In the year since their most iconic leaders were killed, Iran-backed […]

Baker Hughes awarded Iraqi Gas Processing Contract

By John Lee. Baker Hughes has confirmed that it has been awarded what it describes as a "major contract" by Iraq's South Gas Company (SGC) in the last quarter of 2020. The project consists of the design, manufacturing, delivery, construction and commissioning of an integrated facility for the processing and production of natural gas. The […]

Chinese Consortium to Develop Dhi Qar Refinery

By John Lee. Iraq's Ministry of Oil has signed an outline agreement with a Chinese consortium for the development of the Dhi Qar refinery. A Ministry official described the signing of the initial principles agreement as an important step forward, and a prelude to the signing of the final investment contract for the Dhi Qar […]

Iranian Traders setting up in Iraq

By John Lee. At least 24 Iranian traders have set up shop in Dohuk this week alone, according to a report from AP. Pressure as a result of sanctions on Iran are causing Iranian businesses to look more to Iraq for customers. Click here to read the full report from AP. (Source: AP)

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st January 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD694 (+0.5%) / $614 (-0.6%) (weekly change) (-4.4% and -7.3% YTD change, respectively). The number of week traded […]

EUR 22.5m Project to Strengthen Iraqi Agriculture

Promoting inclusive economic growth and job creation in Iraq Unemployment remains a persistent challenge in Iraq especially for youth and women. Many internally displaced persons are unemployed, underemployed, informally employed, or out of the labour force. The COVID-19 pandemic has further compounded these employment challenges. In this context, providing jobs and livelihoods remains a high […]