The President of the Kurdistan Region, Masoud Barzani, has met the German Foreign Minister, Frank-Walter Steinmeier in Berlin. Foreign Minister Steinmeier welcomed President Barzani to Germany and spoke about his visit to Erbil back in 2008, highlighting his desire to visit Kurdistan again soon. He added that he was aware of the rapid developments happening […]
Advertising Feature Dunia Frontier Consultants has released the first report of its kind based on a 360-degree analysis of 14 top banks in Iraq. The report will help investors, bankers, and anyone who needs the banking sector, because it includes stock picks as well as our full survey of over 60 investors, retail and corporate […]
Following another day of particularly bad violence in Baghdad, it would be easy to dismiss Iraq as a failing state with little hope of ever providing a normal life for its people. But that's not everyone's view. The United Kingdom, for example has just renewed its commitment to the country with the appointment of Baroness […]
Capstone Meetings Highlight Policies to Attract Private Investment and Advance Iraq’s Economic Development The U.S. Embassy’s Minister Counselor for Economic Affairs, Robin Matthewman (pictured), joined high-level Iraqi officials and international experts in opening a two-day series of “Capstone Meetings” to discuss ways to attract private investment into Iraq. The National Investment Commission (NIC) of Iraq […]
By John Lee. Pakistan International Airlines (PIA) will resume its operations to Iraq from next month to facilitate Shia pilgrims, reports Business Standard. Prime Minister Nawaz Sharif reportedly directed the PIA to resume services to the country after a break of 30 years. The new flights will serve Najaf airport. (Source: Business Standard)
By John Lee. BBC reports that more than 1,200 people are under investigation in relation to a US military recruitment fraud during the Iraq war. The alleged fraud, in which referral fees were illegally collected for recruiting soldiers, is said to have cost the US government at least $29 million, and possibly as much as […]
By Reidar Visser. The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Everyone Wants to Be a Governorate: 17 Iraqi Districts Demand Status […]
By Ali Abdel Sadah for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Reports about the military operations in the Anbar province suggest that the “decisive moment” remains elusive. There are battles involving Islamic State of Iraq and al-Sham (ISIS) militants, fighters from the province’s tribes […]
The US Defense Security Cooperation Agency (DSCA) has notified Congress of a possible Foreign Military Sale to Iraq for Air Traffic Control and Landing Systems and associated equipment, parts, training and logistical support for an estimated cost of $700 million. The Government of Iraq has requested a proposed sale of commercially available FAA Air Traffic […]
Erbil International Airport continued to grow in 2013 as new milestones for passengers, cargo and aircraft movements were set. The airport broke through the one million passengers a year milestone in late October and in total 1,193, 783 passengers passed through the airport, a growth rate of 26%. June, 2013, broke new records for passenger […]
By John Lee. The Iraqi Ministry of Health has said that 2,500 expatriate Iraqi doctors have returned home as part of a programme launched last year to bring Iraqi professionals back to the county. Al-Shorfa quotes Deputy Health Minister, Khamees al-Saad, as saying: "The returning doctors are an important asset to Iraq and they were […]
By John Lee. Oil exports from Iraq to Jordan have been halted due to deteriorating security in Anbar province, according to a report from Reuters. A spokesman for the Ministry of Oil said: "Due to security developments in Anbar and because the transfer of oil to Jordan is done by truck, which needs safe passage […]
