Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By Joe Snell 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 passes $89 billion federal budget bill The budget confronted issues of unemployment, currency devaluation and non-oil revenues and was passed as lawmakers prepare for October's general election; the […]
Building a peaceful Iraq: New MoU between UNDP Iraq and swisspeace signed A Memorandum of Understanding (MoU) has been signed between the United Nations Development Programme (UNDP) Iraq and swisspeace, to strengthen efforts for peacebuilding and social cohesion in Iraq. The MoU provides a framework for collaboration and secures a two-year partnership between UNDP Iraq […]
By John Lee. The United Arab Emirates (UAE) has announced a $3-billion investment in Iraq, with the aims of strengthening economic and investment relations, creating new opportunities for cooperation and partnership and advancing developmental growth to support the Iraqi people. The initiative was announced following Iraqi Prime Minister Mustafa Al-Kadhimi's official visit to the UAE […]
By Mustafa Saadoon, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Kadhimi deliver Gulf investment to Iraq? Prime Minister Mustafa Al-Kadhimi has paid his first official visit to Saudi Arabia as he continues his efforts to further cooperation with Iraq's […]
By John Lee. Protesters have reportedly blocked the entrances to the Dhi Qar Oil Company (DQOC), Dhi Qar Refinery, and the Oil Products Distribution Company. According to Anadolu Agency, they were protesting the passing of the 2021 budget by the Iraqi parliament, which did not meet their expectations regarding guaranteed employment. More here. (Source: Anadolu […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi prime minister makes first visit to Saudi Arabia Iraqi Prime Minister Mustafa al-Kadhimi made his first visit to Saudi Arabia in an effort to enhance ties between the two countries. […]
By John Lee. Iraq's Parliament (House of Representatives) has approved the Federal Budget Law for 2021 on Wednesday night. The budget is reportedly based on an oil price of $45 per barrel, and oil exports of 3.25 million barrels per day, giving a budget of 129 trillion Iraqi dinars ($89 billion) and a budget deficit […]
By John Lee. The Iraqi Parliament has voted to dissolve itself on 7th October, to make way for general parliamentary elections scheduled for 10th October. The decision was made at a sitting of the parliament on Wednesday. (Source: Iraqi Parliament)
By Ahmed Maher, for The National. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq corruption: how ministry officials make millions in 'cash for jobs' schemes A part-time job with a temporary contract in Iraq's Industry and Minerals Ministry cost mechanics graduate Yasmine $1,000. […]
From The Economist. Iraqis are getting fed up with Iran Iranian-backed militias still hold sway in much of Iraq. Many were involved in the violent suppression of anti-government protests that erupted in 2019. Lately, though, they have lowered their profile. Read the full article here (subscription needed).
By Dr. Oula Kadhum, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Static Budget Process Iraqi diaspora mobilization and the future development of Iraq, authored by Dr. Oula Kadhum, explores Iraqi diaspora mobilization before and after the 2003 […]
By Bader Al-Saif, for Carnegie Middle East Center. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Think Big: Why Broadening Negotiations Could Help Resolve the Kuwaiti-Iraqi Maritime Dispute Kuwait and Iraq have worked hard to rebuild bilateral ties. Resolving their maritime dispute as […]
