Author Archive | Editor

Iraqi Cabinet Declines Sovereign Guarantee for Rail Project

By John Lee. The Iraqi Cabinet has blocked a proposal to provide a sovereign guarantee for a rail project. A statement issued on Thursday evening through the Media Office of the Prime Minister stated: "Based on the investigation results issued by the investigative team of the Commission of Integrity regarding the partnership contract concluded between […]

Does Iraq have a Digital Economy?

Does Iraq Have A Digital Economy? In a world constantly advancing technologically and emphasizing the importance of digital skills, Iraq has begun its journey toward digital transformation. The country is gradually building its infrastructure and enacting laws and regulations to reflect current technological changes. As Iraq embarks on this path, it is crucial to assess […]

Aswar Al-Dammam wins UNDP Contract

By John Lee. Fallujah-based Aswar Al-Dammam has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation 11- Gludiat 200m3/hr. in Dujail -Salahdien Governorate ... The scope includes Civil, Electrical and Mechanical works." Contract value is stated as $185,849.15. (Source: UNGM)

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th December 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change       RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,186.9 -1.3% 40.7% RSISX USD Index […]

How can Iraq Boost Job Growth?

By Prof. Frank R Gunter for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How can Iraq boost job growth? Iraq is running out of time. The most serious challenge facing the country is the rapid growth in the number of […]

Iraq's Elites "view Syria with Consternation"

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's fractured elites view Syria with consternation as HTS takes charge In the wake of former Syrian leader Bashar Al-Assad's downfall, Iraqi Shiite political elites are now coming to terms with a radical […]

Iraqi Support for Employing Persons with Disabilities

By John Lee. The Iraqi Federation of Industries (IFI), in collaboration with the International Labour Organization (ILO), and supported by Italy through the Italian Agency for Development Cooperation (AICS), has launched the Iraqi National Network for Employers Interested in Empowering and Employing Persons with Disabilities. According to a press release, the event, hosted at the […]

GKP: "Near-Term Local Sales Outlook is Strong"

By John Lee. Gulf Keystone Petroleum (GKP) has said its near-term local sales outlook is strong. In an operational and corporate update issued today (Wednesday), the operator of the Shaikan Field in the Kurdistan Region of Iraq added that a number of key details remain outstanding regarding payment surety for future oil exports, the repayment […]

Baghdad to be Arab Tourism Capital for 2025

By John Lee. The Arab Tourism Organization (ATO) has selected Baghdad as the Arab Tourism Capital for 2025. Prime Minister Mohammed S. Al-Sudani expressed his gratitude to everyone who contributed to this achievement, adding: "These initiatives aim to enhance service standards and modernize the capital's infrastructure to a level that reflects its historical and cultural […]

US Investment Climate Statement for Iraq

By John Lee. The US State Department issued its 2024 Investment Climate Statement for Iraq earlier this year. The report covers the following key areas: Openness To, and Restrictions Upon, Foreign Investment Bilateral Investment and Taxation Treaties Legal Regime Industrial Policies Protection of Property Rights Financial Sector State-Owned Enterprises Responsible Business Conduct Corruption Political and Security Environment […]