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 economic agreements signed between Kuwait and Iraq have recently raised concerns among Iraqi experts, who warned against “political courtesy” at the expense of the country’s interests in relation to the proposed free trade zone on the border between the Iraqi city of Basra and Kuwait. A member of the Council of […]
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 positive sentiment toward Israel on the rise in Iraq? Israeli Foreign Minister Yisrael Katz (pictured) expressed his gratitude to Iraqis on Facebook July 24, stating he was thankful for […]
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It approved: the recommendation of the Ministerial Energy Council on the service contract for Al-Mansuriyah oil field in Diyala province; a draft law on public-private partnership to strengthen cooperation between government agencies and the […]
By Huda Baroud for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Palestinian Prime Minister Mohammad Shtayyeh visited Iraq July 15 to discuss importing Iraqi fuel. This falls within the Palestinian Authority (PA)’s quest for gradual economic disengagement from Israel. Shtayyeh […]
Iraq’s oil ministry said on Sunday it has no connection with an oil tanker seized by Iran’s IRGC in the Persian Gulf for smuggling fuel, a report said. “The ministry does not export diesel to the international market,” the Arab country’s oil ministry said in a statement, Iraqi News Agency reported. Iraq’s relevant authorities are […]
By John Lee. Moody's Investors Service has affirmed the Government of Iraq's long-term issuer and senior unsecured ratings at Caa1 and maintained the stable outlook. The decision to affirm Iraq's Caa1 ratings reflects credit challenges posed by very weak institutions and governance that in Moody's view, will continue to limit policy effectiveness, constrain the government's […]
The Ministry of Planning and the United Nations signed a Memorandum of Understanding (MoU) to establish the Iraq Reconstruction and Recovery Trust Fund in support of the Government's Recovery and Development Framework. Iraqi Minister of Planning Dr. Nouri Sabah al-Dulaimi signed on behalf of the Government of Iraq. Marta Ruedas, the Deputy Special Representative of […]
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It: voted to adopt the recommendation of the Ministerial Council on Energy on the Charter of Cooperation of Oil-Producing Countries which aims to promote stability in the global oil market; approved the allocation of […]
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. Why this political movement is turning its back on the Iraqi PM Thousands of followers of Ammar al-Hakim (pictured), the leader of the opposition National Wisdom Movement, took to the […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq and Iran are neighbours: Around $25m worth of Iranian goods enter Iraq every day. But a US deadline that allows Iraq to trade with Iran is set to expire in three months, […]
On Tuesday, the United Nations Compensation Commission (UNCC) made available $270 million to the Governmentof the State of Kuwait towards the Commission’s remaining claim with an outstanding award balance. The United Nations Compensation Commission was established in 1991 in accordance with Security Council resolutions 687 (1991) and 692 (1991) to process claims and pay compensation […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Former government spokesman tapped as KRG foreign relations head Iraq's Kurdistan Regional Government (KRG) has formally announced that Safeen Dizayee, the former spokesman of the KRG, will serve as […]
