By John Lee. Iraqi has passed an amendment to existing legislation, officially called the Anti-Prostitution and Homosexuality Law, which bans same-sex relations. According to reports, anyone in a same-sex relationship could now be jailed for ten to fifteen years; people identifying differently from their biological sex could be jailed for one to three years; and […]
From the Iraq Britain Business Council (IBBC): The IBBC Agritech Committee hosted the Iraqi Agriculture Minister, H.E. Abbas Jebur Al Maliky [Dr. Abbas Jabber Al-Maliki] for a three-day introduction visit to British agricultural capabilities, UK ministers, shadow ministers and IBBC members. Led by Dr Amet Selman of AAA Holding, the Agritech committee chairman, and Mr […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani met with Jamie Burrows, CEO of Vertical Future, a company specializing in vertical farming technology, on the sidelines of the World Economic Forum (WEF) in Riyadh. The Prime Minister expressed his desire to collaborate with the global company to bring advanced agricultural technology to Iraq, which […]
By John Lee. Japan's Nissan Motor Corporation has appointed Al Sour as its official and registered distributor in Federal Iraq. According to a statement from Nissan, this strategic collaboration will commence with the establishment of several sales, service, and spare parts facilities across key cities, including Baghdad, Najaf, Mosul, and Zakho, as well as other […]
By John Lee. A drone attack on Friday evening has killed four workers at Khor Mor gas field in Sulaymaniyah province. Press reports say the dead were Yemeni nationals. Electricity supplies have also been disrupted. A KRG statement said that initial information suggested the attacks come from "a nearby region within Iraq"; KRG Prime Minister […]
By John Lee. Turkiye's Tiryaki Agro has signed a goodwill agreement with the Iraq Development Fund to develop Iraqi agriculture. The agreement was signed in Baghdad by Mr. Mohammed Al-Najjar, Director of the Iraq Development Fund, and Mr. Ahmet Tiryakioğlu, Chairman of the Board of Directors of Tiryaki Agro. The ceremony took place with the […]
By John Lee. The Danish Refugee Council (DRC) has published a report on how internally displaced persons (IDPs) in Iraq, Syria and Yemen experienced access to services and aid assistance during displacement. It says: "The results validate the call for improved responses, confirming an inconsistent approach in how IDPs have been able to access vital […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How Halbousi's ouster is reshaping Sunni politics in Iraq Longstanding conflicts over Iraq's current legislative agenda have re-emerged amid Sunni division over who will succeed former parliament speaker Mohammed Al-Halbousi (2018-23). The full […]
By John Lee. The Iraqi Ministry of Planning held a meeting with the Japan International Cooperation Agency (JICA) to discuss the possibility of continued loans to fund new development projects in Iraq. These projects cover sectors such as health, electricity, sanitation, and the Basra refinery. Dr. Maher Hamad Johan, the ministry's Undersecretary for Technical Affairs, […]
By John Lee. Fitch Ratings has affirmed Trade Bank of Iraq's (TBI) Long-Term Issuer Default Rating (IDR) at 'CCC+', Short-Term IDR at 'C' and Government Support Rating (GSR) at 'ccc+'. Fitch has removed the Stable Outlook on TBI's Long-Term IDR, which was previously published in error. It says the rating reflects, "the absence of any […]
By John Lee. The US government has said that the human rights situation in Iraq worsened during the year, due to increased federal and Kurdistan Regional Government restrictions on fundamental freedoms and civic space. In a wide-ranging report, the State Department pointed to intermittent attacks by the Islamic State of Iraq and Syria and its […]
By John Lee. The Arab-British Chamber of Commerce (ABCC) has signed a Memorandum of Understanding with Baghdad Chamber of Commerce with the aim of developing a strong partnership to better serve their respective members. In a statement, they said this new initiative will enable them to be more responsive to meeting the needs of their […]
