By John Lee. At a meeting on Tuesday, the Iraqi Cabinet approved the Independent High Electoral Commission (IHEC) decision to pay the German company Hensoldt to inspect the software running the country's electoral systems. The company, which has 5,600 employees, describes itself as "a pioneer of technology and innovation for defence and security electronics." General […]
By John Lee. Iraq's Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Prime Minister addressed the developments in Dhi Qar province, and confirmed that, following consultations with key stakeholders, a new governor has been appointed to run the province and his name will be announced shortly. He […]
By Joe Snell 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 passes $89 billion federal budget bill The budget confronted issues of unemployment, currency devaluation and non-oil revenues and was passed as lawmakers prepare for October's general election; the […]
By John Lee. An Iraqi court has sentenced the director of the Baghdad Star [Najmat Baghdad] housing project to two years in prison and fine of IQD 10 million on a charge of bribery. According to Iraq's Supreme Judicial Council, the director giving an employee money to get investment licenses in Baghdad. (Source: Iraq Supreme […]
Iraq Moves To Exploit Its Massive Natural Gas Reserves Writing in Oil Price, Simon Watkins says that despite Iraq's huge potential gas resources, it has made little progress on developing this potential either for associated or non-associated gas. But last week, a heads-of-agreement deal was announced with Total, to work jointly on four major projects […]
By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan reinstates travel ban Daily coronavirus cases are approaching historical highs in the autonomous part of northern Iraq as vaccination efforts proceed at a crawl. The Kurdistan Regional Government in Iraq restricted […]
The Station Foundation for Entrepreneurship is announcing its strategic partnership with Iraq's leading telecommunications company, Zain Iraq. This cooperation was brought out of a pressing need for collective cooperation amongst stakeholders; a vision both parties mutually share. Zain's expertise across the Middle East working on youth development coupled with The Station's great access to a […]
Building a peaceful Iraq: New MoU between UNDP Iraq and swisspeace signed A Memorandum of Understanding (MoU) has been signed between the United Nations Development Programme (UNDP) Iraq and swisspeace, to strengthen efforts for peacebuilding and social cohesion in Iraq. The MoU provides a framework for collaboration and secures a two-year partnership between UNDP Iraq […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "Market Extends the Rally" The market, as measured by the Rabee Securities RSISX USD Index, after February's explosive rally of 25.7%, took a […]
By John Lee. The United Arab Emirates (UAE) has announced a $3-billion investment in Iraq, with the aims of strengthening economic and investment relations, creating new opportunities for cooperation and partnership and advancing developmental growth to support the Iraqi people. The initiative was announced following Iraqi Prime Minister Mustafa Al-Kadhimi's official visit to the UAE […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Gold has become one of Iraq's top exports despite there being no gold deposits. So what is the secret? Al Jazeera's Osama Bin Javaid reports from Baghdad:
New FAO and WFP study reveals opportunities to strengthen food value chains in Iraq The Food and Agriculture Organization of the United Nations in Iraq (FAO) and the United Nations World Food Programme (WFP) released today 'Agricultural value chain study in Iraq: Dates, Grapes, Tomatoes and Wheat.' This important review covering 2019-20 was conducted with […]
