Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How to Stop Iraqi Kurdistan's "Bleeding" Federal pressure and disastrous internal missteps have brought the KRG to the brink, raising the need for more active […]
From the Iraq Britain Business Council (IBBC): Lively debate at IBBC's well attended Cumberland Lodge retreat IBBC held its 11th Cumberland lodge retreat sessions on 25th -27th September, with 70 members and guests from Iraq and the UK. The sessions offered members access to experts, observers and officials from Iraq, the UK, and the Middle East, in open […]
By John Lee. The Kurdistan Regional Government (KRG)'s Prime Minister, Masrour Barzani, has launched a new initiative that will provide commercial loans through private banks to small and medium-sized businesses (SMEs) looking to expand. Full statement from KRG: On Monday, September 25, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) unveiled Project […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Water Wars - Part 1 People & Power investigates Iraq's intensifying water crisis and how it is impacting the country's rural communities: Click here to view.
By John Lee. The Iraqi Prime Minister addressed the United Nations General Assembly earlier this week, addressing issues including elections, corruption and climate change. Statement from the UN: MOHAMMED SHIA' AL SUDANI, Prime Minister of Iraq, said that his country has always believed in the principles the UN was founded upon. The spirit of consensus […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Al-Monitor/Semafor summit: Iraq's Sudani says 'solution is in Baghdad' to issues with KRG The prime minister also pleaded for more US investment in Iraq's energy sector amid the oil […]
By Bekir Aydoğan for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Ethnic Tension in Kirkuk Signals Fractures in Ankara-Erbil Relations Longstanding tensions in the multi-ethnic city of Kirkuk in Iraq may once again spark confrontations between […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has led a meeting to discuss and monitor progress on the implementation of the Unified Treasury Account. The meeting also focused on the continued rollout of electronic payment points (POS) and explored potential incentives for citizens to encourage electronic payments. During the meeting, comprehensive updates were presented […]
By John Lee. Iraq will require that all transactions inside the country are made using the Iraqi dinar from 2024, and not the US dollar. Statement from the Central Bank of Iraq (CBI): In a significant development, the Central Bank of Iraq, under the leadership of Mr. Ali Mohsen Al-Alaq, has revealed its plan to […]
From the World Bank: Statement on the Iraq Economic Monitor Spring/Summer 2023 The World Bank identified an error in the reporting of debt data for 2022 and projections for ensuing years reported in the recently published Iraq Economic Monitor (IEM) Spring/Summer 2023 issue. As a result, the debt-to-GDP ratio in 2022 was corrected from 53.8 […]
By John Lee. Iraqi Prime Minister, Mr. Mohammed Shia Al-Sudani, held a meeting with members of the American Chamber of Commerce in New York on Thursday evening (local time). The meeting was attended by businessmen, investors, and representatives of major American companies. During the meeting, he praised the efforts of Mr. Steve Lutes, the Deputy […]
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran and Iraq will jointly set up a joint bank and trade zone in the near future, the director general of the Trade Promotion Organization of Iran (TPOI) for […]
