Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Aymen Al-Faisal, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Implications of the Coronavirus on the Overall Situation in Iraq With the spread of the coronavirus globally, many countries around the world face several […]
By Omar al-Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Coronavirus damages Iraqi economy with fall in tourism, oil prices As of March 23, Iraq had registered 266 novel coronavirus cases, with 23 deaths. Although Iraq is much better off than many […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Is another economic crisis looming in Iraq, with dropping oil prices? Political and security crises in Iraq have been escalating, and the coronavirus outbreak has recently been added to […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. This article was originally published by the LSE Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's Power Conundrum: How to Secure Reliable Electricity While Achieving Energy Independence Iraq remains […]
By John Lee. Harekar Company for Security Services LLC has won a contract with the United Nations Office for Project Services (UNOPS) to supply Vehicle Rental Services for the United Nations Mine Action Service (UNMAS) Iraq Programme in Erbil. The contract is worth $119,700. (Source: UNGM)
A 29 MW gas-fuelled power plant supplied by the technology group Wärtsilä to the Umm Qasr Ports Authority Zone in Basra, Iraq, commenced commercial operations in February. The plant ensures availability of a reliable supply of electricity to the port's operations, which had previously been subject to frequent power interruptions. The Wärtsilä plant was ordered […]
By Robbie Gramer, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Fears Mount as Trump Administration Guts USAID's Iraq Presence The United States' top aid agency is dismantling its presence in Iraq, leaving a skeleton crew ill-equipped to oversee over […]
By John Lee. Applications are open for Re:Coded's Mosul Bootcamp, which starts on 4th April. Everyone between 18-35 can apply for a full scholarship, which is taught in English and is free for those who are accepted. Check the application form for more information or reach out to us via email at [email protected]. The application […]
An Iranian official denied the “fake” reports about the closure of the common border with Iraq, saying Iranian trucks are exporting commodities to the Arab country via all border crossings without any problem. In an interview with Tasnim, chairman of the Iran-Iraq joint chamber of commerce, Yahya Al-e Eshaq, said Iranian trucks are exporting shipments […]
By John Lee. According to statistics from Turkey's official statistical office, TurkStat, the country sold $20 million more to Iraq in January than it imported. In January 2020, Turkey's main partner country for exports was Germany with $1.415 billion, followed by Italy with $888 million, the United Kingdom with $869 million, Iraq with $816 million,s […]
By John Lee. GB Auto (Ghabbour Group) has reportedly decided to cease its representation of Hyundai passenger cars in Iraq. According to Daily News Egypt, the company rejected Hyundai's new multi-distributor strategy, on the basis that such models never yield proper returns on investment. It adds that Hyundai had a market share of approximately 25 […]
By Joe Snell for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. New solar park to ease Iraqi governorate's power shortage No one batted an eye when the power abruptly cut off in English teacher Miriam Zia's 11th-grade classroom at the […]
