By John Lee. Iraq has been ranked 171st out of 190 countries in the World Bank‘s recent Doing Business 2019 report, down from 168th place the previous year. Top of the list were New Zealand, Singapore and Denmark, with last place going to Somalia, just behind Eritrea and Venezuela. Iran ranked 128th, with Libya 186th. Doing […]
More than a million Iraqis whose lives have been devastated by Daesh safely returned home in 2018, made possible in part thanks to a huge UK aid funded mine clearance mission. The Department for International Development (DFID) has today (Saturday 5 January) announced further support to clear explosives from schools, hospitals and roads in Iraq, […]
By John Lee. Prime Minister Adel Abdul Mahdi (pictured) has called for an investigation into the appointment of a deputy director general to the Iraqi Civil Aviation Authority (ICAA), citing allegation that the appointment was made under threat. In a statement the Prime Minister said. "His Excellency Prime Minister Adil Abd Al-Mahdi ordered to conduct […]
By Saad Salloum for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. UN seeks to raise awareness of bias against African-Iraqis A recently convened UN committee addressed discrimination against many minorities in many countries, including Iraqis of African descent. Its conclusions shed light on […]
By Salam Zidane for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Iran pushes Iraq to maintain trade without US dollar Iran is exerting considerable pressure on the Iraqi government to compel it not to abide by the US sanctions that have […]
IOM, the UN Migration Agency, released the Integrated Location Assessment (ILA) III report. The Integrated Location Assessment – Round III provides an in-depth look into both displacement and return movements in Iraq, putting a special focus on profiling the locations these groups live in and the social dynamics they are immersed in. The latest round of the […]
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 […]
By John Lee. China’s Sinoma International Engineering has signed a $246-million contract to build a 6000-tonne/day clinker production line in Iraq. The plant will be built for Iraqi Cement in the Samawah of Muthanna. It will handle the entire production process, from raw material crushing to finished cement packaging. Once the contract is finalised, the […]
By John Lee. Iraq's oil ministry has said it will seek to limit oil production to 4.513 million barrels per day (bpd) for the next six months. based on the OPEC deal recently agreed. According to a statement from the Ministry of Oil, this would be a reduction of 140,000 bpd from the reference level […]
Ambassador James Jeffrey Assumes Role of Special Envoy to the Global Coalition to Defeat ISIS Ambassador James Jeffrey (pictured), the current Special Representative for Syria Engagement, has taken on the additional role of the Special Envoy to the Global Coalition to Defeat ISIS, effective January 4, 2019. With this additional responsibility, Ambassador Jeffrey will lead […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd January 2019). Please click here to download a table of listed companies and their associated ticker codes. Note: ISX will be closed on Sunday (Jan. 6, 2019) due to the official holiday of Iraqi Army Day. The next trading session will be […]
By John Lee. Iraq's Minister of Foreign Affairs, Mohamed Ali Alhakim [Mohammed Ali al-Hakim] (pictured) has been quoted as saying that Iraq is not obliged to abide by US sanctions against Iran. According to Rudaw, he told journalists on Wednesday: "These sanctions, the siege, or what is called the embargo, these are unilateral, not international. We […]
