Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
New UNICEF Representative to Iraq, Ms. Sheema Sen Gupta, presented her credentials to H.E. Dr. Ali Shamran, Head of the Protocol Department at the Ministry of Foreign Affairs in Baghdad. Sheema Sen Gupta stated: "The presentation of my credentials today to the Government of Iraq will further strengthen our existing partnership with the Government to […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq plans new city next to capital In order to find solutions to the chaos in Baghdad due to overpopulation, the Iraqi government plans to launch a new city […]
By John Lee. Moody's Investors Service has affirmed the Iraqi Government's long-term issuer and foreign currency senior unsecured ratings at Caa1, and maintained the stable outlook. It notes Iraq's exceptionally high reliance on oil, and "very weak institutions and governance", while adding that ongoing discussions with the IMF indicate a possibility of a supported adjustment […]
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. Biden Wants to Leave the Middle East, But He's in a Vicious Bombing Cycle in Iraq Caught between aggressive Tehran-backed militias and a skeptical Congress, […]
Sustainable Recovery from COVID-19 in Iraq: Key findings Sustainable Recovery from COVID-19 in Iraq: Key findings is the final paper in a series of eight released by UNDP on the impact of COVID-19 in Iraq. Throughout the series, UNDP provides a multidimensional analysis on the impact of the pandemic and related shocks, current and past, on […]
By John Lee. The Iraqi Council of Ministers held its regular session on Tuesday, chaired by Prime Minister Mustafa Al-Kadhimi. Regarding the housing crisis, the Prime Minister clarified that the government plans to distribute 550,000 plots of residential land to citizens in a first phase of allocation. He added: "Every Iraqi family has the right […]
By John Lee. Prime Minister Mustafa Al-Kadhimi chaired the regular session of the Iraqi cabinet on Tuesday. Addressing the ongoing crisis in electricity supply, the cabinet agreed to allocate 50 billion Iraqi dinars ($34 million) for emergency expenses and maintenance of the electricity infrastructure. This will be achieved by profitable Ministry of Oil companies lending […]
By John Lee. Both BP and Lukoil are reported to be considering quitting upstream oil operations in Iraq. Reuters quotes Iraq's Oil Minister, Ihssan Abdul-Jabbar Ismail, as making the comments during a parliamentary session last week. Last month, BP was said to be planning to spin off its Iraqi operations in Iraq into a separate […]
By John Lee. Washington DC-based law firm Arent Fox LLP has entered an agreement with the Kurdistan Regional Government (KRG) to provide legal advice on various issues including legal and regulatory matters in the United States. It will also advise on strengthening the KRG's alliance with the United States, tracking and monitoring legislation in Congress, […]
Writing in The National, Robert Tollast quotes analysts as saying that the disastrous collapse in Iraqi and Iranian electricity supplies was partly caused by the dysfunctional partnership between the countries' energy sectors. Click here to read the full story.
By Katherine Harvey and Bruce Riedel, for The Brookings Institution. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Egypt, Iraq, and Jordan: A new partnership 30 years in the making? In April, the news that Iraq was mediating between longtime rivals Saudi Arabia and Iran captivated […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What is behind Iraq's electricity crisis? As summer brings soaring temperatures, Iraq is again experiencing major power shortages with associated political turmoil. With daytime highs above 50 degrees Celsius, blackouts are particularly hitting […]
