Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
IOM, KOICA Partner to Support Local Economic Recovery in Baghdad, Ninewa and Kirkuk Decades of conflict in Iraq coupled with the COVID-19 outbreak have severely affected human capital, intensified poverty, and undermined individuals' ability to find decent and sustainable jobs. The consequences of conflicts are especially severe for vulnerable returnees, internally displaced persons (IDPs) and […]
Sustainable Recovery from COVID-19 in Iraq: Key findings Sustainable Recovery from COVID-19 in Iraq: Key findings is the final paper in a series of eight released by UNDP on the impact of COVID-19 in Iraq. Throughout the series, UNDP provides a multidimensional analysis on the impact of the pandemic and related shocks, current and past, on […]
By John Lee. Prime Minister Mustafa Al-Kadhimi chaired the regular session of the Iraqi cabinet on Tuesday. Addressing the ongoing crisis in electricity supply, the cabinet agreed to allocate 50 billion Iraqi dinars ($34 million) for emergency expenses and maintenance of the electricity infrastructure. This will be achieved by profitable Ministry of Oil companies lending […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Anger at frequent power cuts is spilling onto the streets of Iraq as summer temperatures soar. Experts say Iraq needs about 30,000 megawatts a day to overcome this crisis. Protesters are blaming consecutive […]
By John Lee. Washington DC-based law firm Arent Fox LLP has entered an agreement with the Kurdistan Regional Government (KRG) to provide legal advice on various issues including legal and regulatory matters in the United States. It will also advise on strengthening the KRG's alliance with the United States, tracking and monitoring legislation in Congress, […]
By John Lee. Australian citizen Robert Pether and his Egyptian colleague Khalid Radwan are reportedly still being held without charge in Iraq, following a contract dispute relating to the construction of the new Central Bank of Iraq (CBI) head office in Baghdad. The pair were detained in early April, having allegedly been tricked into traveling […]
Writing in The National, Robert Tollast quotes analysts as saying that the disastrous collapse in Iraqi and Iranian electricity supplies was partly caused by the dysfunctional partnership between the countries' energy sectors. Click here to read the full story.
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi checkpoints bar Kurdish traders from exporting vegetables, fruits Checkpoints between the Kurdistan Region and southern Iraq prohibit regular exports for Kurdish produce farmers. Several domestic produce items are in season but do not […]
By Katherine Harvey and Bruce Riedel, for The Brookings Institution. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Egypt, Iraq, and Jordan: A new partnership 30 years in the making? In April, the news that Iraq was mediating between longtime rivals Saudi Arabia and Iran captivated […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What is behind Iraq's electricity crisis? As summer brings soaring temperatures, Iraq is again experiencing major power shortages with associated political turmoil. With daytime highs above 50 degrees Celsius, blackouts are particularly hitting […]
By John Lee. Local news sources in Iraq claim the major power cut in Iraq on Friday was caused by sabotage of the power transmission lines. Meanwhile, Prime Minister Mustafa Al-Kadhim ordered the dismissal of the Director General of the General Company for Electricity Transmission in the Middle Euphrates region for "neglecting to perform his […]
By Yesar Al-Maleki, for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The promise and the pitfalls of Iraq's tripartite New Mashreq Sunday was a festive day in Baghdad. The last time Iraqis had received an Egyptian president 30 […]
