Author Archive | Editor

Tabaqchali: "Revisiting the Iraq Thesis, Five Years Later"

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "Revisiting the Iraq Thesis, Five Years Later" June marked the five-year anniversary of the AFC Iraq Fund - conceived a year earlier amidst […]

Iraq: "Strong Growth Potential ... Low Competitiveness"

By John Lee. Moody's Investors Service has said that Iraq's credit profile of Caa1 is supported by the country's "ba2" economic strength, reflecting, "the balance of strong growth potential associated with large natural resource endowment against low competitiveness and the significant loss of productive capacity and infrastructure after many years of armed conflict". More here. […]

Iraq sees 600% rise in COVID-19 cases in June

By John Lee. With a 600 per cent rise in COVID-19 cases in Iraq through June, efforts must be re-doubled to slow the spread of the disease, warns the International Rescue Committee (IRC). With the number of confirmed cases standing at 53,708 on July 1 - up from 6,868 on June 1 - the Ministry […]

UN appoints German as Deputy Special Representative for Iraq

United Nations Secretary-General António Guterres today announced the appointment of Irena Vojáčková-Sollorano of Germany as his new Deputy Special Representative for Iraq, in the United Nations Assistance Mission for Iraq (UNAMI) and Resident Coordinator. Ms. Vojáčková-Sollorano will also serve as Humanitarian Coordinator. Ms. Vojáčková-Sollorano succeeds Marta Ruedas of Spain, who retired from the United Nations […]

Turkey sends Coronavirus Aid to Iraq

By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq returns to lockdown after surge in coronavirus cases A Turkish military jet delivered coronavirus-related aid to Iraq on Wednesday. The assistance comes as Turkey continues its war against Kurdish militants in the […]

Finland supports Iraq's fight against COVID-19

The Government of Finland has committed €2 million (US$2.2 million) to support the Government of Iraq's response to the COVID-19 pandemic, in partnership with the United Nations Development Programme (UNDP) in Iraq. The funds will be used to support UNDP Iraq's COVID-19 response package, which is being implemented under the umbrella of UNDP Iraq's Funding […]

Displaced Iraqis face Job Losses, Food Shortages

By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Survey: Displaced Iraqis experiencing job losses, food shortages amid pandemic The majority of displaced Iraqis have experienced job losses, food shortages and more during the COVID-19 pandemic, according to a recent survey by […]

Complex Impact of COVID-19 on Food Security in Iraq

New report from FAO, IFAD, WFP and the World Bank reveals complex impact of COVID-19 on food security in Iraq As the COVID-19 pandemic continues to evolve, the Food and Agriculture Organization (FAO), International Fund for Agricultural Development (IFAD), World Food Programme (WFP) and the World Bank have collected and analyzed new data on the […]

GE completes Major Work at Bismaya Power Plant

By John Lee. GE Gas Power has reported that it has successfully completed services on four 9F.03 gas turbines, two steam turbines and six generators at Iraq's Besmaya Power Plant safely and on time, while continuing to execute wider operations and maintenance (O&M) works at the site despite the many challenges posed by the COVID-19 […]

Sharp Drop in Iraqi Oil Exports

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for June of 84,490,194 barrels, giving an average for the month of 2.816 million barrels per day (bpd), down from the 3.212 million bpd exported in May. These exports from the oilfields in central and southern Iraq amounted to 81,007,685 barrels, while exports […]

Iraq Extends Ban on Regular Flights

By John Lee. The Iraqi Civil Aviation Authority (ICAA) has reportedly extended of the ban on regular flights in the country until 15th July. According to Xinhua, the ban includes both domestic and international flights with the exception of those of emergency, medical evacuation and air cargo as well as planes that cross Iraqi airspace. […]

UNFPA in Iraq welcomes New Representative

Dr Rita Columbia (pictured), an American national, assumed her responsibilities as UNFPA Representative to Iraq on 1 July 2020. Previously, she served as UNFPA Representative to Moldova and Country Director for Albania. Dr Columbia has more than 20 years of experience in the area of public health, sexual and reproductive health as well as programme […]