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Adel Abdul Mahdi named as Prime Minister

By John Lee. Former Oil Minister Adel Abdul Mahdi has been named as Iraq's Prime Minister-designate, ending months of deadlock. Described by BBC News as "a veteran Shia Islamist politician", Mahdi now has 30 days to form a cabinet and present it to parliament for approval. The French-educated economist is the nominee of the two […]

Video: Parliament elects Barham Salih as New President

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's newly elected president has chosen his prime minister and asked him to form the next government. The new president, Barham Salih, gave the nod to former oil minister Adel Abdul Mahdi. Hopefully, […]

Torino Power explores Opportunities in Iraq

By John Lee. Canada's Torino Power Solutions Inc. has announced that it has been working with a U.K. based engineering firm that has existing business and projects in the Iraqi market. Torino was approached regarding its Power Line Monitoring (PLM) temperature sensors and in the last few months, the UK engineering firm has introduced the […]

2019 Iraqi Young Leaders Exchange Programs (IYLEP)

The U.S. Embassy in Baghdad is pleased to announce that applications are currently being accepted for the 2019 Iraqi Young Leaders Exchange Program (IYLEP). IYLEP is the U.S. Government’s premier youth exchange program in Iraq, providing Iraqi students the opportunity to live in U.S. communities for four weeks in the summer. Students sharpen their leadership […]

New Helpline for GBV Survivors

Survivors of Gender-Based Violence (GBV) in the Kurdistan Region of Iraq (KRI) can now dial “119” to receive support, counselling, and referrals to community-based services and resources in the region. On 26 September, UNFPA and the General Directorate for Combatting Violence Against Women (GDCVAW) in KRI launched the first helpline for gender-based violence survivors. The […]

Ground-breaking Ceremony for Erbil Ring Road

Prime Minister Nechirvan Barzani attended the ground-breaking ceremony of the 150-meter ring road project of the city of Erbil. In a speech during the ceremony, Prime Minister Barzani said: “The 150-metre road project is one of many projects which were prepared for implementation by the Kurdistan Regional Government. If it had not been for hardships […]

Lawsuit Imperils Formation of Iraq National Oil Company

A coalition of Iraqi oil technocrats has filed a legal challenge against a law to re-establish the Iraq National Oil Company (INOC), which is likely to delay - if not derail - a major restructuring of the country's oil sector. Under the law, which took effect in April, the government has a six-month window to […]

New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Powder Milk Plant, General Company for Food Products Rehabilitation of factories, State Company for Petrochemical Industries Rehabilitation of factories, State Company for Glass and Refractories (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Video: Who can solve Iraq's Electricity Crisis?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. This week, German conglomerate Siemens announced that it's in discussions to help rebuild and boost Iraq's power generation infrastructure. So, what are the challenges facing the new Iraqi government? Why can't one of […]

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75 Iraqi Civilians Killed in September

A total of 75 Iraqi civilians were killed and another 179 injured in acts of terrorism, violence and armed conflict in Iraq in September 2018*, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI). The figures include ordinary citizens and others considered civilian at the time of death or injury, […]

US Evacuates Consulate in Basra

Due to concerns about the security of U.S. government personnel, on September 28, 2018, the Department of State ordered the departure of U.S. government personnel from the U.S. Consulate General in Basrah. In a statement, the State Department said: "Secretary of State Michael R. Pompeo [pictured] has made the determination to place Consulate Basrah on […]

Iran-Iraq Ferry Service Resumes

By John Lee. The Iraqi Ministry of Transport has that the ferry between Al-Ashar Quay on the banks of the Shatt al-Arab in Basra and the Iranian port of Khorramshahr has resumed after a three-year suspension. Forty-six passengers travelled on the first service on Saturday. The Director of the General Company for Maritime Transport, Abdul […]