By John Lee. The Government of Norway and the United Nations Development Programme (UNDP) signed a partnership agreement today for USD 9 million (NOK 75 million) to support stabilization and recovery efforts for Iraq post-ISIL. Norway’s contribution will be channelled through UNDP’s Funding Facility for Stabilization (FFS) which finances fast-track initiatives in areas liberated from […]
By John Lee. The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi. The Cabinet approved a series of recommendations from the Ministerial Economic Council to support the growth of Iraq’s cement industry and to ensure that production capacity continues to meet domestic demand. No details […]
By Padraig O'Hannelly. Delegates attending CWC's Kirkuk & Mosul Megaprojects conference in London have been told that while Iraq "has never experienced as small a number of security incidents in the post 2003-era as it is now ... there are some parts of Iraq that are experiencing as many incidents as they did in, say, […]
By John Lee. The Iraqi government has issued a report on the implementation of its 2018-2022 programme. The report covers the period from October 2018, when the government came to office, to April 2019, providing an overview of what has been implemented from the government programme, identifying obstacles that may impede the completion of several […]
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for June of 105,603,107 barrels, giving an average for the month of 3.520 million barrels per day (bpd), down from the 3.572 million bpd exported in May. These exports from the oilfields in central and southern Iraq amounted to 101,705,000 barrels, while exports […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th July 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD642 (-3.0%) / $690 (-3.0%) (weekly change) (-2.6% and -2.8% YTD change, respectively). The number of week traded […]
By Padraig O'Hannelly. A major petroleum conference in London has been told that more than 200 British companies now operating in Iraq, and those numbers are increasing. Addressing more than 300 delegates at CWC's Iraq Petroleum conference, British Ambassador Jonathan Wilks CMG said: "The UK and Iraq are becoming increasingly strong business partners and education […]
By Padraig O'Hannelly. Iraq's Deputy Minister at the Ministry of Construction, Housing, Municipalities and General Works has presented details of reconstruction projects underway in areas affected by terrorism. Dr Dara Reshid, who is also Vice President of the Reconstruction Fund for Areas Affected by Terroristic Operations (REFAATO), told CWC's Kirkuk & Mosul Megaprojects conference in […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq orders militias to fully integrate into state security forces Iraqi Prime Minister Adel Abdul Mahdi issued a decree July 1 ordering the factions of the Popular Mobilization Units (PMU) to integrate fully into […]
By John Lee. The United Nations has advertised new positions in Iraq: Field Translator, UNAMI - United Nations Assistance Mission for Iraq Facilities Management Officer, UNAMI - United Nations Assistance Mission for Iraq Associate Rule of Law Officer (Legal Analysis and Investigations - Sexual and Gender-Based Violence), UNAMI - United Nations Assistance Mission for Iraq […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: National Monitoring & Evaluation Officer, IOM - International Organization for Migration Project Administrative Assistant, IOM - International Organization for Migration Programme Assistant, IOM - International Organization for Migration Project Administrative Assistant, UNAMI - United Nations Assistance Mission for Iraq National Operation Officer, […]
By John Lee. A new report by Ali Al-Mawlawi (pictured) argues that the targets of Iraq's National Development Plan (NDP) are far too optimistic. In a paper for the Al-Bayan Center for Planning and Studies, entitled "Iraq’s National Development Strategies: Exploring Weaknesses in Policy Planning and Investment", he says greater coordination is required between the […]
