By Kate Dourian for the Arab Gulf States Institute in Washington (AGSIW). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Chinese Firms Snag Iraqi Oil and Gas Blocks Chinese investors are less risk averse than their Western counterparts, hence their strong showing in the […]
By John Lee. In a significant step toward bolstering Iraq's financial sector, EU Delegation to Iraq Chargé d'affaires Mr. David Healy has expressed support for the launch of the Central Bank of Iraq's (CBI) National Strategy for Bank Lending for 2024-2029. This strategic initiative, developed under the EU and Germany co-funded project "Strengthening Public Finances […]
By John Lee. Iraq and Canada have agreed to establish communication and hold a joint meeting between the Iraqi Geological Survey and specialized Canadian companies. The goal is to develop mechanisms and terms for joint work in conducting aerial geophysical surveys on behalf of the Iraqi government. The Canadian ambassador, Kathy Bunka, confirmed Canada's and […]
By John Lee. Turkiye's exports of citrus exports to Iraq have reportedly jumped 399 percent in the period January to April. According to Turkish news agency Daily Sabah, Iraq was Turkiye's second biggest market (after Russia) for citrus fruit, with sales of $90.2 million. Included in this figure were: Tangerines: $32 million - an increase […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will economic clout pave way for Chinese interference in Iraqi politics? As China expands its involvement in the Iraqi economy, Beijing is seen as increasingly wielding its economic clout to influence Iraq's domestic […]
By John Lee. The United Nations Security Council, at its 9642nd meeting on 31st May 2024, decided to extend the mandate of the United Nations Assistance Mission for Iraq [UNAMI] for a final 19-month period until 31 December 2025, unanimously adopting Resolution 2732 (2024). The Iraqi Government welcomed the resolution terminating the mandate, and expressed […]
By John Lee. An Iraqi member of parliament has reportedly warned of a "national security disaster", following the alleged disappearance of funds belonging to Canadian security company Biznis Intel. In 2022, the company was controversially awarded a contract to secure Baghdad International Airport (BIAP), taking over from the British company G4S. Shafaq News Agency reports […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Oil Deal That Represents the West's Final Chance to Regain Influence in Iraq US seeks influence in Iraq via French oil giant TotalEnergies' $27-billion deal. The deal aims to […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 30th May 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 1,778.0 -3.5% 14.4% RSISX USD Index […]
By Soner Cagaptay, Selin Uysal, and Bilal Wahab, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraq-Turkey Reset From water rights to PKK violence, a recent summit seemed to remove several long-festering thorns from the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China dominates bidding for Iraqi energy as US firms stay out Held on the back of Iraqi Prime Minister Muhammad Shia' Al-Sudani's recent landmark visit to the US, a new round of bidding […]
By John Lee. Brussels-based Education International has called for increased public investment in education in Iraq. The organisation, which says that it, "brings together organisations of teachers and other education employees from across the world", said: "Public education in Iraq is underfunded, with only 5.7 per cent of the government budget allocated to this sector. […]
