Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By John Lee. The United Kingdom and Japan have been chosen to co-chair the Iraq Economic Contact Group (IECG), which met earlier this week. British Ambassador, Mark Bryson-Richardson, commented: "Economic reform and diversification are key to Iraq's prosperity. "Delighted the UK is now co-chair of the Iraq Economic Contact Group, along with Japan. "Its job […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Iraq remains without a budget in place Nearly ten months after parliamentary elections, Iraq's political parties have still not managed to form a government, holding up the passage of important legislation-including the […]
By John Lee. The Iraqi Ministry of Oil has confirmed reports that three major US-based oilfield services companies have informed the Ministry that they will refrain from entering into new projects Iraqi Kurdistan. It says that Schlumberger, Baker Hughes and Halliburton have made the commitment to comply with the Federal Supreme Court ruling that oil […]
By John Lee. Prime Minister Mustafa al-Kadhimi has announced that the Eid al-Adha holiday will begin on Saturday 9th July, and end on Thursday 14th July. Government institutions will resume work on Sunday 17th July. The Iraqi Stock Exchange will also close during this period. (Sources: General Secretariat for the Council of Ministers, ISX, Rabee)
By James Jeffrey, Matthew Amitrano and Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The KRG Turns Thirty: The Future of U.S.-Kurdish Relations in Iraq Three experts evaluate the KRG's oil and gas industry […]
By John Lee. Schlumberger has reportedly announced its withdrawal from Iraqi Kurdistan, as a result of the Federal Supreme Court ruling that oil contracts signed with the Kurdistan Regional Government (KRG) are unconstitutional. Sources told the official Iraqi News Agency that the US-based oilfield services company "sent a letter with an official document to the […]
From the Iraq Britain Business Council (IBBC): Please join IBBC webinar on The Privatization of Iraqi State-owned Enterprises, which will take place on July 6th from 1.00pm - 2.30pm UK time on Zoom. Please register for IBBC webinar here Professor Frank Gunter of Lehigh University joined by other Members of the IBBC Advisory Council has […]
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Necessary U.S. Role in Fixing the Baghdad-Kurdistan Energy Dispute On February 15, 2022, Iraq's Federal Supreme Court ruled that the 2007 oil and gas […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Explainer: How Sadr's Shiite rivals became largest bloc in Iraq's parliament Many of the new members of the Council of Representatives taking the place of the 73 Sadrists who […]
From the Kurdistan Regional Government: Like citizens across the Kurdistan, I have been deeply troubled by the repeated terror attacks on our people and public infrastructure in recent months. The cowards behind the attacks have resorted to terror tactics because they have lost the court of public opinion in the rest of the country. Rather […]
Mercy Hands has conducted an assessment on the needs of the returnees in the Balad District, Salah Al-Din Governorate. From the baseline study, it concluded that services are not sufficient to meet the returnees needs in areas including social services, housing, employment, and social protection. Click here to download the full report. (Source: Mercy Hands)
Funding Facility for Stabilization 2021 Annual Report In 2021, the FFS completed 368 projects (3,060 since 2015) across all sectors of interventions and in the five liberated governorates of Anbar, Diyala, Kirkuk, Ninewa and Salah al-Din for a total value of US$ 164.5 million (US$ 826.2 million since 2015), generating over 3 million benefits (18.9 […]
