Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iraq Business News Expert Blogger, Dr Amer K. Hirmis, has just published a book that takes readers 6000 years back to early Mesopotamian polity, culture, and religious codes which shaped the economy, and continue to shape much of the body of Iraq's polity, economy and society today. Economic inefficiency, inequality and lack of sufficient employment […]
IBBC appoints industry specialist as Strategic Development Officer As the Iraq Britain Business Council (IBBC) Board and Executive Committee re-fresh their strategic plan to continue a pathway to success for Iraq and its business community, it has appointed a Strategic Development Officer to bring industry expertise and experience to its management team. Colin Findlay brings […]
By John Lee. The United States has criticised Iraq, among other countries, for its failure to protect intellectual property rights. In its recently-published 2022 Special 301 Report, the United States Trade Representative (USTR) says stakeholders continue to report notable levels of piracy through Illicit Streaming Devices (ISDs) and illicit Internet Protocol Television (IPTV) apps in […]
By John Lee. Iraqi media reports that one person has died and more than 5,000 have been hospitalised on Thursday as a result of the latest dust storm. The dust storm is the seventh this month, with some experts believing they are becoming more frequent due to climate change. Road and air transport has been […]
By John Lee. Iraq has reportedly confirmed that it will open new production facilities for the manufacture of weapons and light munitions, and even the assembly of combat aircraft. The Director of the Defence Industries Commission, Mohamed Sahib Al-Daraji (pictured), told the state-controlled Iraqi News Agency (INA), that: "Iraq has concluded memoranda of understanding with […]
By C. Anthony Pfaff, Ben Connable, and Masoud Mostajabi, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Implementing a way forward A new report, Iraq: Implementing a Way Forward, authored by Atlantic Council staff and fellows C. Anthony […]
UNICEF receives USD $1,4 million from the Government of Canada to support young people's transition to entrepreneurship and employment in Iraq The Government of Canada has contributed USD$1.4 million to UNICEF to support close to 1,500 young people in Iraq to generate educational and economic opportunities for inclusive development and participation for a 2-year period. […]
By Ayser Jabbar for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq grapples with rising food costs as a result of Ukraine war Ripple effects from the Russian invasion of Ukraine are driving the Iraqi government to allot additional funds […]
By Fehim Tastekin for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey may 'lock' borders with Syria and Iraq to deal with Kurdish militants There is speculation about a secret deal between Ankara and Baghdad eyeing a contiguous, 30-kilometer-deep buffer […]
By John Lee. According to the recently-published World Economic Outlook from the International Monetary Fund (IMF), Iraq's economy is forecast to grow by 9.5 percent this year, giving it the fastest real GDP growth of all the Middle East and Central Asia countries. The 2023 expectation of 5.7 percent is just one percentage point behind […]
By John Lee. Mobile phone service Asiacell has reported a healthy increase in its customer base and revenue. In its financial results for the quarter ended 31 March 2022, parent company Ooredoo said: "Asiacell reported revenue of QAR 883 million during Q1 2022, an increase of 4%, compared to QAR 852 million in Q1 2021, […]
Orange Corners Innovation Fund signs an MoU with the National Bank of Iraq (NBI) to launch the Orange Corners Innovation Fund (OCIF) program in Baghdad KAPITA, a leading private sector development company, has signed a Memorandum of Understanding with the National Bank of Iraq (NBI) to launch the Orange Corner Innovation Fund (OCIF) in Baghdad. […]
