Iraq Business News brings you the latest news on developments and opportunities in leisure and tourism industries in Iraq.
By John Lee. BasNews quotes the Head of the Kurdistan Restaurant and Hoteliers Association, Hersh Ahmad, as saying that 74 of the region's 2,500 hotels have closed down in Erbil recently: “The main reason is the fight against the Islamic State (IS) ... And those which still operate have fired 50% of their staff, increasing […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's Prime Minister Haider al-Abadi promised to safeguard the country's heritage, especially after ISIL destroyed ancient statues in Mosul. Al Jazeera's Jane Arraf reports from Baghdad.
By John Lee. Kuwait will host the 23rd soccer Gulf Cup in early 2016, after Iraq declined to host the tournament due to a deficit in the State budget. According to Arab News, Iraq will instead bid to host the 24th edition of the Cup. Iraq had been due to host the event in Basra. […]
By John Lee. The US State Department has said in a statement that the Iraqi Jewish Archive remains in the custody of the U.S. National Archives and Record Administration while plans are finalized on future exhibitions in the United States. "None of the materials in the Iraqi Jewish Archive have traveled outside of the United […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Salam Shakir scored the winning spot-kick as Iraq stunned 10-man Iran 7-6 on penalties to reach the Asian Cup semis in a match of high drama between the arch-rivals.
By John Lee. South Korea has become the third largest supplier of beer to Iraq, with exports to the country reaching 6,384 tons, or US$4.48 million, last year. This puts South Korea behind Hong Kong (55,484 tons) and China (20,112 tons). Four years ago, South Korea ranked as the country’s seven-largest beer exporter. According to […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Shiite Muslims are flocking to the Imam al-Hussein shrine in Karbala in preparation for the Arbaeen religious festival marking the 40th day after Ashura which commemorates the seventh century killing of Prophet Mohammed's grandson:
Shell and the Foundation of Football Club Barcelona (FFCB) have signed an agreement extending the award winning extra-curricular school programme “FutbolNet”, for an additional two seasons in Basrah. The “FutbolNet” programme is based on FFCB’s methodology of using football to develop life and leadership skills, respect, tolerance, teamwork, responsibility and effort amongst children and encouraging […]
By John Lee. New Zealand-owned fast food outlet BurgerFuel has reportedly suspended its operations in Iraq. The company had only one store, in the Kurdish city of Sulaymaniyah, and before the insurgency it had given its partners approval to re-locate to Baghdad, with a re-opening planned for later this year. According to TVNZ, CEO Josef […]
By John Lee. Warwick International Hotels Group (WIH) has opened its portfolio new 300-room Babylon Warwick Hotel in Baghdad. The company has entered into a contract with Al Ebaa Company to manage the propertly, located on the edge of the Tigris River opposite of the USA Embassy. According to an announcement from the Groip, the hotel […]
By Shukur Khilkhal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In a rare scene, thousands of books and CDs were lined up in Abu Nawas park overlooking the Tigris River in Baghdad. People gathered there, as they read and picked any book they desired for […]
The United Nations Population Fund (UNFPA) this week inaugurated the first soccer pitch in the Domiz Camp for Syrian Refugees to enable the youth there enjoy their favorite game. The soccer field which was established in cooperation with the Domiz Camp Administration is funded by the Kuwaiti government and The US Bureau of Population, Refugees, […]
