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Iraqi Private Sector Faces Four Key Challenges, Says Professor

By John Lee. The Iraqi private sector confronts significant obstacles that must be addressed to unlock the country's economic potential, according to Professor Frank Gunter of Lehigh University, speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London recently. Professor Gunter identified four critical challenges hampering private enterprise development in Iraq: Finance: Iraqi […]

Iran Proposes Joint AI Centre with Iraq on Gulf Island

By John Lee. Hussein Afshin, Assistant to the Iranian President for Scientific and Technical Affairs and the Knowledge Economy, has reportedly proposed establishing a joint Iran-Iraq artificial intelligence (AI) centre on one of Iran's islands. Speaking during a meeting in Tehran with Ali Razzouqi, Deputy Head of the Office of the Iraqi Prime Minister, Afshin […]

French Caracal Helicopters enhance Iraqi Army Capabilities

By John Lee. The Iraqi Army Aviation Command has begun equipping newly-delivered French-made Caracal helicopters at Martyr Brigadier General Mohammed Alaa Air Base. According to a statement from the Ministry of Defense, this initiative is part of a broader plan to strengthen the operational capabilities of Iraq's Army Aviation. The Caracal helicopters are equipped for […]

Iraq to Attract Investment through New IPOs

By John Lee. The Iraqi Securities Commission (ISC) has announced new efforts to enhance the attractiveness of the Iraq Stock Exchange (ISX), focusing on corporate governance and expanding the base of listed companies. State-run Iraqi News Agency (INA) quotes ISC board member Wadhah al-Taha as saying that the launch of a corporate governance guide marks […]

'Visit Kurdistan' Platform is launched; 20m Tourists by 2035

By John Lee. Iraqi Kurdistan's 'Visit Kurdistan' platform was formally launched on Tuesday. The private-sector-led initiative is focused on advancing the Kurdistan Region's tourism sector and attracting international visitors. During the event, KRG Prime Minister Masrour Barzani delivered a speech in which he emphasized that the KRG, as part of its development agenda across all […]

UN praises Iraq's drive towards "More Stability, More Prosperity"

By John Lee. Dr. Mohamed Al Hassan, Special Representative of the UN Secretary-General for Iraq, delivered a briefing to the UN Security Council on Tuesday, at the start of which he highlighted "Iraq's drive towards more stability, more prosperity, and closer regional integration." With just over six months remaining before UNAMI's mandate ends, Dr Hassan […]

Iraq to become "a Massive Success Story"

By Padraig O'Hannelly. Iraq is experiencing unprecedented stability and security, creating significant opportunities for international businesses, according to Abir Burhan, Company Director of Al-Burhan Group (ABG), speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London. Burhan outlined how the operating environment has transformed dramatically over the past year, with the Iraqi government […]

EU Maintains Flight Ban on Iraqi Carriers

By John Lee. The European Union (EU) has confirmed it will maintain operational restrictions on Iraqi air carriers following a technical review that found insufficient progress in the country's aviation safety oversight capabilities. Iraqi Airways and Fly Baghdad remain on the EU's banned carrier list, with both airlines subject to operating restrictions imposed in December […]