From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will growing Saudi investment in Iraq hit Iranian roadblock? Gulf Arab investment in Iraq has swelled in recent years, signaling a new and widening rapprochement with Baghdad. Yet, while Iran and Saudi Arabia last […]
By Charles Lister for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. CENTCOM says ISIS is reconstituting in Syria and Iraq, but the reality is even worse In an unusual public statement, United States Armed Forces' Central Command (CENTCOM) […]
By John Lee. The Iraqi government has given brick factories 18 months to switch from using "black oil" to liquefied gas. "Black oil" or "dark oil" is also sometimes referred to as "residual fuel oil", "bunker oil" or "heavy fuel oil (HFO)". It is a heavy, viscous byproduct of the refining process for lighter fuels […]
By John Lee. On Thursday, Dr. Haider Mohammed Makkiya, President of the National Investment Commission (NIC), met with a team from the United Nations Development Programme (UNDP), led by Mr. Mamunur Rashid, the Environment, Energy, and Climate Change Program Portfolio Manager. According to a statement from the NIC, the discussions focused on enhancing cooperation between […]
By John Lee. The United Nations in Iraq has issued a statement on the water crisis in Iraq: The main points were as follows: Water Crisis in Iraq: Iraq's water crisis highlights the interconnected challenges of climate change, biodiversity loss, and pollution. The crisis serves as a catalyst for advancing multiple Sustainable Development Goals (SDGs). […]
By John Lee. The Government of Sweden has announced that it will phase-out its strategy for development cooperation with Iraq. Its Minister for International Development Cooperation and Foreign Trade, Johan Forssell (pictured), said: "Conditions have changed and Iraq is now a middle-income country with adequate resources to look after its own population. Instead, we see […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's first lady blasts Turkey's assault against PKK in Kurdistan Region The first lady's own family history and the upcoming parliamentary elections are likely behind her decision to speak […]
By John Lee. Dr. Hayder Makia [Makiya, Makiyya], Chairman of the National Investment Commission (NIC), chaired a meeting to discuss preparations for the first-of-its-kind Iraq Investment Forum, scheduled for November. The meeting included Iraqi Economic Council President Ibrahim Al-Baghdadi and his delegation, as well as several senior officials and stakeholders from the commission. Dr. Makia […]
By John Lee. Checkmarx, a US-based enterprise application security company, has said that a "well-established criminal ecosystem based in Iraq" is responsible for a series of cyber attacks. Malicious Python script was found to be exfiltrating sensitive user data without consent. More here. (Source: Checkmarx)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 18th July 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (d/d) (%) Change (m/m) (%) Change (ytd) (%) Change (12M) (%) IQD-RSISX Index 1,817.9 […]
By John Lee. The United States Armed Forces' Central Command (CENTCOM) has issued an update on ISIS activity in Iraq and Syria for the first six months of 2024, in which it suggests that ISIS may more than double its attacks compared to 2023. The main points of the report were as follows: 1. Increase […]
By John Lee. The Government of Iraq, acting through the Ministry of Transport's General Company for Airports and Air Navigation Administration (GCAAN) as the tender authority, is launching a two-stage public tender to select a private partner to rehabilitate, expand, finance, operate, and maintain Baghdad International Airport (BIAP) under a long-term Public-Private Partnership (PPP) contract. […]
