Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq approves record $153bn budget aimed at creating jobs Iraq's parliament has approved a budget of 198.9 trillion dinars ($153bn) for 2023 that sets out record spending on a growing public wage bill […]
By John Lee. The joint committee between Iraq and Egypt commenced its work in Cairo on Tuesday. The delegation from Iraq was headed by the Prime Minister, while the Egyptian side was led by Prime Minister Mustafa Madbouly. The meeting focused on bilateral relations between the two countries and discussed various common issues, emphasizing the […]
This year's World Day Against Child Labour links advancing social justice with tackling child labour, under the slogan 'Social Justice for All. End Child Labour!' Social Justice in the World of Work means promoting productive and freely chosen employment; enhancing measures of social protection; promoting social dialogue; and promoting fundamental principles and rights at work. […]
You are invited to join the IBBC Tech Forum Live. Free to attend! 16th June, starting from 2:30pm BST 'The Digital Transformation of Iraq'
By John Lee. The Iraqi parliament has approved a record budget of 198.9 trillion dinars [$152 billion] for 2023, following four days of debate. According to Al Jazeera, the planned fiscal deficit is 64.36 trillion Iraqi dinars [$49 billion], more than double the amount in the 2021 budget. The budget assumes an oil price of […]
By John Lee. The Iraqi Minister of Electricity, Ziyad Ali Fadel, has attended the ceremony to mark the start of work on the electrical interconnector between Iraq and Saudi Arabia. The 1GW line will connect between the Saudi city of Arar and Yusufiya in western Baghdad. GCC Interconnection Authority (GCCIA) hosted the event in Dammam, […]
By John Lee. The Central Bank of Iraq (CBI) has reportedly been ordered to pay $13 million to Abu Dhabi-based Cardno ME (CME), relating to a dispute over the construction of its new headquarters in Baghdad. The International Chamber of Commerce (ICC)'s International Court of Arbitration is said to have made the ruling in February, […]
From The Economist. The Iraqi militias are copying their overmighty cousins in Iran Democracy is being undermined by gunmen attached to political parties. Read the full article here (subscription needed).
By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Who is Iraq's first female ambassador to Saudi Arabia? Safia Al Suhail, an experienced Iraqi politician and former ambassador in Rome and Amman, made history on Monday as she […]
By John Lee. Danish logistics company Blue Water has opened its first office in Iraq. In a statement, the company said that the addition of the new office in Basra will strengthen the company's presence in the region. It is staffed by a newly-employed local team, headed by General Manager, Marwa Saad. Read our comprehensive […]
By David Schenker, 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. Washington Keeps a Watchful Eye as the PMF Consolidates Its Dominance in Iraq The Biden administration's low-key, patient approach with Prime Minister Sudani has produced […]
By John Lee. Iraq's Minister of Electricity, Ziad Ali Fadel, held a meeting with TotalEnergies' Director for renewable energy affairs in Iraq, Mr. Khaled Al-Abdali, to discuss the company's procedures for the construction of a 1,000-megawatt solar power station at the Ratawi [Artawi] oil field in Basra. The meeting was attended by the Director General […]
