Author Archive | Editor

GardaWorld Weekly Security Report

GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]

First Nationwide Migration Profile

Iraq, compared to neighbouring countries in the Middle East like Jordan and Lebanon, hosts the lowest number of immigrants relevant to the population. However, the country’s foreign population increased 338 per cent between 1990 and 2017, due largely to the influx of refugees from Syria. Migration in northern Iraq is largely driven by conflict, while […]

Oil Ministry Finalises Export Figures for November

By John Lee. Iraq’s Ministry of Oil has announced final oil exports for November of 105,014,747 barrels, giving an average for the month of 3.500 million barrels per day (bpd), up from the 3.447 million bpd exported in October. These exports from the oilfields in central and southern Iraq amounted to 102,005,095 barrels, while exports […]

President 'would rather resign' over PM Nominee

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi President Barham Salih refused on Thursday to designate a nominee for an Iran-backed parliamentary bloc for prime minister, saying he would rather resign than appoint someone to the position who would be […]

Investment Opportunity: Diwaniya Airport

The National Investment Commission (NIC) in coordination with the Iraqi Civil Aviation Authority (ICAA) are pleased to announce the investment opportunity of the construction of Diwaniya New Airport according to the provisions of the investment law No. 13 for the year 2006 as amended, and the international general technical and operational requirements for constructing the […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th December 2019). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX will be closed during December 27, 2019 - January 1, 2020 due to the end-of-year closing operations. The next session will be held […]

Kirkuk: Youth Discuss Reconciliation and Stability

Kirkuk: Youth come together to discuss issues of reconciliation and stability Twenty-four young women and men, representing the youth of Kirkuk Governorate, recently met in Kirkuk city to discuss what the youth see as key issues in the context of their Governorate. In the presence of the Head of the United Nations Assistance Mission for […]

Lockheed Martin wins $40m Radar Contract

By John Lee. Lockheed Martin Rotary and Missions Systems has been awarded a $39,645,726 definitive contract for a Long Range Radar 3. This contract provides for the necessary equipment, transportation, installation, test, training, spares, engineering services, hardware, software, program management and data as defined by the Special Operations Wing to deliver a Long Range Radar […]

$3.4m to support Women and Children in Iraq

UNFPA renews its partnership with the European Regional Development and Protection Programme for Lebanon, Jordan and Iraq (RDPP II) with a multi-year grant of a total of DKK 22,056,446, equivalent of US$ 3.36 million to the Fund’s on-going interventions to mitigate and respond to gender-based violence in Iraq. The conflict in Iraq and the subsequent […]

Iraq discusses Joining European Bank for Reconstruction and Development

By John Lee. The Ambassador of Iraq in London, Mr. Mohammad Jaafar Al-Sadr, has met Mr. Enzo Quattrociocche, the Secretary-General of the European Bank for Reconstruction and Development (EBRD). During the meeting, they discussed the possibility of Iraq joining the bank. The Ambassador stressed the importance of moving forward with the implementation of Iraq’s economic […]

Iraq to Reopen Border Crossing with Iran

By John Lee. Iraq has reportedly announced the reopening of the Mandali border crossing in Diyala governorate, which connects Iraq with Iran. According to Kurdistan24, the crossing had been closed for nearly five months, following allegations of corruption. It says that Adel Abdul Mahdi, who remains Iraq’s interim Prime Minister, decided to re-open the crossing […]

Constitutional Vacuum after failure to choose PM

Iraq: Constitutional vacuum after failure to choose prime minister Iraq has entered a constitutional vacuum after the deadline set for political parties to agree on the next prime minister passed without success. The agency said hundreds of anti-establishment protesters have blocked major roads in the capital, Baghdad, and in central and southern provinces to protest […]