Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
The Government of Japan is supporting the International Organization for Migration (IOM) in Iraq's continued efforts to leverage the security-development nexus in Iraq, providing IOM with a further USD 3.63 million in funding for 2020-21. Iraq is grappling with the cumulative effects of past conflicts on its development, which has left the country vulnerable to […]
The Iraq Britain Business Council (IBBC) held a well attended video conference on the subject of 'The Adoption of Fintech and Online Safety and its impact on the Iraqi Economy', for members and a wider audience of Tech specialists in UK and Iraq. The key speakers included: Hugo Rousseau - Program manager for Fintech at […]
By John Lee. Iran's non-oil exports to Iraq are reported to have increased by 0.7 percent. For the Iranian calendar year 1398 (ended on March 19), non-oil export to Iraq hit $8.9 billion, according to a deputy with the country's Trade Promotion Organization (TPO). Tehran Times reports that medicines and medical equipment, plastic products, ceramic […]
Iraq Britain Business Council (IBBC) Tech forum Video Conference Monday 27th April, 2:00 - 2:45 pm UK time. Topic: To discuss the adoption and benefits of Fintech and Cyber Tech and likely impact on the Iraqi economy, based on experiences elsewhere. Speakers: Hugo Rousseau: program mgr financial services TechUK (the UKs largest Tech association) Yazen […]
On April 20, 2020, IRIS held a webinar entitled Iraq's Economy: Spotlight on Oil and Gas. The discussion focused on Iraq's economy amidst falling oil prices and additional pressures from the ongoing COVID-19 pandemic. Speakers included IRIS Senior Fellow and AFC Iraq Fund Chief Investment Officer Ahmed Tabaqchali, Iraq Correspondent for Associated Press (AP) Samya Kullab, […]
By Alice Bosley and Patricia Letayf, Co-Founders of Five One Labs. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Start-Ups will Overcome Coronavirus - And Be More Important Than Ever Over the past months, coronavirus has changed the world as we know it. […]
By John Lee. Iraq's Higher Committee for Health and National Safety held a meeting in Baghdad on Sunday via video conferencing under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The Committee decided the following: From 21/04 until 22/05, the curfew hours will be between 7 PM and 6 AM Sunday-Thursday, and for 24 hours […]
By John Lee. In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) has forecast a sharp slowdown in Iraq's economy this year, followed be a strong recovery in 2021. It says: "The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. […]
By John Lee. Iraq's Higher Committee for Health and National Safety met in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The meeting was conducted via video conferencing. The Committee discussed a number of policy options to support Iraqi nationals abroad who wish to return home, and how to address the […]
By John Lee. The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Deputy Prime Minister and Minister of Oil, Thamir Ghadhban. The meeting was conducted via video conferencing. It discussed the health situation in the country and the economic impact of the curfew on citizens, and measures to mitigate […]
By Ashley Goodall. How is the Iraq Britain Business Council (IBBC) adapting to the COVID challenges, as a Trade Council? There is never a more important time to engage our members than now. Not only are Iraqi based businesses facing lockdown in Iraq, but the oil price, on which many are dependent, has crashed by […]
By Ashley Goodall. At this challenging time what kind of activities are businesses undertaking in Iraq and how are they doing things differently? In canvassing Iraq Britain Business Council (IBBC) members, we found a consistent pattern of adaptation and response across the membership which can be summarized in three headings: Firstly, taking care of staff […]
