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 Kurdistan Regional Government (KRG) said on Tuesday that it would accept a Supreme Court decision prohibiting the region from seceding from Iraq. It said in a statement: "At the request of the Secretary General of the Iraqi Council of Ministers on November 5th, 2017, the Federal Supreme Court issued Decision No. […]
By Mahmut Bozarslan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Tensions were already high last week between Iraq's central government in Baghdad and the Kurdistan Regional Government (KRG) in Erbil. The stress spiked Oct. 31 near the Iraq-Turkey border when sirens began wailing and […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The economy in the Kurdish region of Iraq has taken a hit after the referendum on secession. The central government in Baghdad has closed international airspace, tourists are staying away, and there’s been […]
The U.S. Consul General, Timmy Davis, and the U.S. Agency for International Development (USAID) Deputy Mission Director, Dr. William Patterson, met with Basrah Governor, Asaad al-Idani, the Acting Provincial Council Chairman, Waled Ghaitan, and other provincial council members on November 6. The purpose of the meeting was to introduce the new USAID Iraq Governance Performance […]
By John Lee. Tourism in Iraqi Kurdistan has reportedly been hard hit following Baghdad imposed punitive measures on the Kurdistan Region following the independence referendum. Many restaurants and guesthouses in Erbil have had to lay off employees after international flights were banned and the borders temporarily closed. According to Rudaw, the Kurdistan Regional Government (KRG) […]
By John Lee. Rudaw reports that the Central Bank of Iraq (CBI) has called on all Iraqi banks to halt their operations in the Kurdistan Region indefinitely. It says that any bank that disobeys will no longer receive foreign currency transfers from the central bank. Banks have reportedly been given one week to inform Iraq’s […]
On Global Open Day on UNSCR 1325, calls for men to champion and support women’s participation in politics and in decision-making The United Nations Assistance Mission for Iraq (UNAMI), jointly with UNWOMEN and in coordination with the Implementation and Follow Up National Reconciliation Committee (IFNRC) of the Office of Iraq’s Prime Minister, held a consultative […]
Iraqi ministers intend to announce and discuss up to 60 intended projects at the IBBC summit conference this weekend in Dubai. In a surge of confidence, a number of Iraqi ministers will be unveiling a raft of infrastructure, oil, power and industrial projects across numerous industry sectors: Construction: Water treatment, waste water, housing, malls & […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Iraqi State Organization for Marketing Oil (SOMO) announced Nov. 2 that it is arranging with Turkey to allow SOMO to sell Iraqi crude from the disputed territories […]
The final statement from Frank Baker, UK Ambassador to Iraq. In this, Frank reflects on his 3.5 years in the role and discusses his hopes for Iraq’s future: After over three years in Baghdad I am moving on from my role as British Ambassador to Iraq. It has been an incredible journey, in a fascinating […]
By Ahmed Tabaqchali. Originally published by Iraq in Context; re-published by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Between February 2017 and mid-October, Rosneft signed a number of deals with the Kurdish Regional Government (KRG) that established for it, […]
By John Lee. Iraq's State Oil Marketing Organization (SOMO) has reportedly confirmed that talks are ongoing between Baghdad and Tehran to export crude oil from Kirkuk to the Kermanshah refinery (pictured) in Iran. SOMO Director Alaa al-Mussawi is quoted as saying that trucks would initially supply 15,000 barrels of crude oil per day (bpd) to […]
