Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Norway renews commitment to stabilization with new $7.7m contribution The Government of Norway has contributed NOK 70,000,000 (US$7.7 million) to the United Nations Development Programme (UNDP) Iraq's Funding Facility for Stabilization (FFS), which supports stabilization and the return of internally displaced persons (IDPs) from the five governorates liberated from the Islamic State of Iraq and […]
By John Lee. An online platform that connects Iraqi patients to doctors has reportedly raised a six-figure sum in its latest round of fundraising. According to Startup MGZN, Tabib Baghdad raised the money through the recently-launched Iraqi Angel Investors Network, led by KAPITA and Nass Al Iraq. It adds that the Deutsche Gesellschaft für Internationale […]
IBBC discuss Government of Iraq's White Paper In an extensive discussion, leading executives and directors from the Iraq Britain Business Council (IBBC) presented their insights and observations on the GoI White paper for reform. Speakers included: Professor Frank Gunter, Professor of Economics, Lehigh University, Advisory Council Member, IBBC Mr Shwan Aziz Member of the IBBC […]
By Miriam Muller and Matthew Wai-Poi, for World Bank Blogs. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What gets in their way? A closer look into why so few women work in Iraq, Jordan, Lebanon Less than 15 percent of women participate in […]
By Nabeel Khoury for The Arab Center Washington DC. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Biden and Iraq: A Chance to Address Past Mistakes A Biden administration is likely to change a few policies in the Middle East while keeping others […]
IBBC's 5th Annual Iraq Conference in Dubai - Opportunity in Adversity The Iraq Britain Business Council (IBBC) was much praised at its conference on Thursday for pioneering in COVID-19 times by bringing together senior officials from Iraq, the UAE and the UK, prominent international and Iraqi businessmen, bankers and professional advisers as speakers and over […]
By John Lee. At a meeting last week under the chairmanship of Prime Minister Mustafa Al-Kadhimi, the Iraqi Cabinet agreed to: Approve the draft Pension and Social Security Law and refer it to Parliament. The draft law aims to give the same pension, social security and other rights to workers in the private sector as […]
By John Lee. Iraq has fallen one place in this year's Legatum Institute Prosperity Index, ranking in 137th place out of the 167 countries measured. The Index consists of 12 pillars of prosperity, built upon 66 actionable policy areas (elements), and is underpinned by 294 indicators. Denmark, Norway and Switzerland took the top three positions. […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq-Saudi border crossing reopens after 30 years The Arar border crossing linking Iraq and Saudi Arabia has reopened for trade after a 30-year closure, Iraq's border authority said Wednesday. The Saudi-Iraqi border […]
COVID-19 and Low Oil Prices Push Millions of Iraqis into Poverty The twin shocks of COVID-19 pandemic and the collapse of oil prices have caused significant economic challenges and pushed millions of Iraqis into poverty, according to the new issue of the World Bank's Iraq Economic Monitor. The new Fall 2020 edition of the Iraq […]
By Padraig O'Hannelly. A major conference has heard that Iraqi Kurdistan will prioritise a shift towards private enterprise and a more efficient public sector. In his keynote speech to CWC/GFEn's Kurdistan Iraq Economic Forum (KIEF) conference, held online, Kurdistan's Deputy Prime Minister, Qubad Talabani (pictured), said: "We must create an environment to let the private sector […]
By Padraig O'Hannelly. The Kurdistan Regional Government's (KRG) biometric registration program is claimed to have removed more than 16,000 'ghost workers' from the state's payroll. Addressing the CWC/GFEn's Kurdistan Iraq Economic Forum (KIEF) online conference, Kurdistan's Deputy Prime Minister, Qubad Talabani, said: "Building on phase one of our biometric registration program, where every wage-earner was enrolled, […]
