Canada's Foreign Affairs Minister, John Baird (pictured), issued the following statement on Monday: “Today’s opening is a historic milestone in Canadian relations with Iraq and comes at a pivotal moment. Ten years after the Iraqi intervention, Iraq is one of the fastest-growing economies in the world, despite deep and lingering sectarian tensions. “With conflict raging […]
The Louis Berger Group has announced that it will help the Kurdistan Regional Government (KRG) to start up the Erbil Stock Exchange (ESX) in Iraq’s Kurdistan region, a joint endeavor of the Iraqi government and private sector to build a modern securities market. “The launch of the ESX initiative is yet another testimony of the […]
HMS Infotech has announced an alliance with Ejaftech as their channel partner in Iraq for reselling Hotelogix to the hospitality industry there. Hotelogix is a cloud based Property Management System (PMS) and Online Distribution System, used by small and medium sized hospitality businesses in over 50 countries across the globe today. (Source: HMS Infotech)
The United Nations strongly condemns the attacks that targeted journalists and media facilities in Baghdad on 1 April. “Assaults against media organizations or journalists are unacceptable under any circumstances," the Special Representative of the United Nations Secretary-General for Iraq (SRSG) Mr. Kobler said, urging the government of Iraq to ensure that media professionals are protected […]
By Reidar Visser. The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. 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 […]
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Kurdistan Region's Higher Education Ministry has linked over one hundred and fifty fake certificates to university students since October. Local media now claim that an adviser to Kurdistan's prime minister paid over […]
By John Lee. The Special Representative of the Secretary-General (SRSG) for Iraq, Mr. Martin Kobler (pictured), has visited Basra where he met with the Governor, Dr. Khalaf Abdul-Samad, and with the Director of the Basra office of the Independent High Electoral Commission (IHEC), Mr. Hazim Joda. He also paid a visit to the Black Iraqi […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th March 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,652 / $1,786 (-1.4%) (weekly change). The number of week traded shares was 19.4bn and the weekly trading […]
By Marc Snaid. The Central Bank of Iraq (CBI) has announced that the introduction of the new Iraqi currency has been further delayed due to teething problems with the cutting-edge technology that it will employ. Radical new functionality including fingerprint recognition and near-field communication (NFC) promises to create a world-leading new monetary system, which will […]
By John Lee. The Basra Gas Company (BGC) -- a joint venture between the state-run South Gas Company (SGC), Shell and Mitsubishi -- is processing around 400 million cubic feet per day (mcfd) of gas, and is on track to treat 2 billion cubic feet per day by 2017. SGC general director, Ali Khudhier, told […]
By John Lee. Chinese fast-food chain CaliBurger has announced that it has signed a franchise agreement to begin opening CaliBurger restaurants in Kuwait and Iraq. According to a report from Fast Casual, the franchisee, Ali Hashem, will have rights to open multiple units in Kuwait and serve as the master franchisee for Iraq. Hashem is […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi Oil Ministry has said that the country's export capacity will reach 7 million barrels per day by 2015, while the parliamentary Energy Committee believes that the size of Iraq's […]
