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Video: The Baghdad-Erbil Budget Divide

Breaking the Impasse: The Baghdad-Erbil Budget Divide On May 20, 2021, the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS) hosted a public webinar with Ahmed Tabaqchali (Senior Fellow, IRIS), Megan Connelly (Non-Resident Fellow, IRIS), and Sarwar Abdullah (Lecturer, University of Sulaimani), moderated by IRIS Researcher Hamzeh al-Shadeedi. […]

Impunity "Will Cast a Pall Over Iraq's Elections"

By Belkis Wille, for Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Impunity for Killings Will Cast a Pall Over Iraq's Elections When protests erupted in Baghdad and other parts of central and southern Iraq in October 2019, tens of […]

Rumaila Oilfield "delivers Strong 2020 Performance"

The Rumaila Operating Organisation (ROO) has announced its 2020 performance results. The field's oil production rate averaged 1.392 million barrels per day (bpd), despite the impact of COVID-19, a budget reduction and compliance with instructions from BOC to reduce oil production, which reflected OPEC+'s request for Iraq to curtail oil exports. The year's strong performance […]

ADIB launches Digital Banking Platform in Iraq

Abu Dhabi Islamic Bank (ADIB) has said it will strengthen its presence in Iraqi market by launching "ADIB Direct", a digital platform that meets the growing business demands in Iraq. ADIB Direct is an intuitive digital banking platform that integrates a suite of corporate banking solutions into a single, streamlined interface. The platform offers cash […]

Petrofac Iraq Revenues Down

By John Lee. Petrofac has announced that for the year ended 31st December 2020, the company had revenues of $238 million in Iraq -- $105 million in engineering and construction, and $133 in engineering and production services. This represented about 6 percent of the company's total turnover, and was down from a total of $325 […]

New Steel Factory in Opens in Erbil

KRG Prime Minister Masrour Barzani on Tuesday inaugurated the largest and most advanced steel factory in Iraq and the Kurdistan Region which will create 1,000 job opportunities, a flagship project of the Kurdistan Regional Government's ambitious economic reform agenda. At the inaugural ceremony, the Prime Minister affirmed the industrial project is one of many strategic […]

The Station launches Entrepreneurship Program in Mosul

With the support of Asiacell, The Station Foundation is currently implementing I'dad program as part of the services provided to entrepreneurs, university students, and recent graduates. The program aims to prepare some trainers from the city of Mosul in the fields of entrepreneurship and design thinking in all its stages through intensive training which lasted […]

Europe "needs to take a Lead on Iraq"

By Christian Koch, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Europe needs to take a lead on Iraq As it is beginning, the Biden administration has an opportunity to refocus US attention in the Middle East, and in […]

IBBC Webinar: Iraq Agritech

The modernisation of Iraqi agriculture is a priority for the current Government of Iraq. IBBC is holding what intends to be an interesting panel of world leading experts on the subject, to showcase, explain, inspire and encourage Iraq to accelerate its investment in Agritech. Join us on 1st June at 2.30pm to listen to and question the […]

KRG Invests in Major Wheat Industry Project

As part of its efforts to transform the Kurdistan Region into a competitive producer, the Kurdistan Regional Government has invested in strategic projects to strengthen and expand the region's agricultural sector and food industry. One of these landmark projects is the Wheat Marketing Project, which Prime Minister Masrour Barzani launched on Nov. 1, 2020 as […]

Private Sector Development: Iraq's Long-lost Solution

By Mohammed Hussein, for The Iraqi Economists Network (IEN). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Private Sector Development: Iraq's Long-lost Solution Six years passed since the Iraqi government launched its Private Sector Development Strategy 2014-2030, aiming to reform regulatory frames and market conditions […]

The Dutch Disease and Iraq's Foreign Exchange Rate

By Dr. Zeki Fattah, for The Iraqi Economists Network (IEN). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Dutch Disease and Iraq's Foreign Exchange Rate Economists who studied the reasons for the low per capita growth of GDP in developing countries that rely […]