Archive | Politics

Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.

Engaging with PMU "Necessary to check Iran's Influence in Iraq"

By Ali Hashem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The war for Mosul has come to an end; the city is freed and the Islamic State (IS) is out. But the reverberations of the monthslong battle will likely impact Iraq as a nation […]

Iraq to sell new USD Govt Bonds

By John Lee. The Financial Times reports that Iraq has appointed Citi, Deutsche Bank and JP Morgan as joint bookrunners for a new five-year government bond. The issue is described as a dollar-denominated, long-dated, benchmark-scale bond; investor meetings scheduled over the coming days. In January, Iraq raised $1 billion of five-year bonds, guaranteed by the US, […]

Iran and Iraq discuss Increased Cooperation

Ranking diplomats from Iran and Iraq held two meetings of a joint political committee on Sunday to explore avenues for the expansion of ties between Tehran and Baghdad, particularly in the economic field. Iranian Deputy Foreign Minister for Arab and African Affairs Hossein Jaberi Ansari and Iraq’s Deputy Foreign Minister Nazar Khairallah co-chaired two separate […]

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Parliament to Quiz Minister over Alleged Corruption

By John Lee. Iraq's parliament will reportedly question acting Trade Minister Salman al-Jumaili over allegations of corruption. Member of Parliament Alia Nassif told Reuters that the Minister will be questioned on 3rd August over import deals for contaminated rice and licences for new mills. amongst other issues. In 2015 authorities issued an arrest warrant for […]

PM Barzani receives UK’s new Consul General

KRG Prime Minister Nechirvan Barzani received Mr. Martin Warr, the new Consul General of the United Kingdom in Erbil, and his accompanying delegation. Consul General Warr commended the role of the Peshmerga forces in the fight against ISIS and the Kurdistan Region for hosting large numbers of internally displaced people, who fled ISIS atrocities and […]

PM Barzani meets Iran’s New Ambassador

The Prime Minister of Iraqi Kurdistan, Nechirvan Barzani, has received Iran’s new ambassador to Iraq, Mr. Iraj Masjedi, accompanied by Iran’s Consul General in Erbil. Recalling old relations between Kurdistan Region and the Islamic Republic of Iran, Ambassador Masjedi expressed his wish to further develop the ties between Erbil and Tehran. He expressed his readiness […]

Economic Consequences post Mosul

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While Iraq’s war against terror is far from over, the conclusion of the Mosul offensive should mark the high point in the cost of […]

Security Council extends mandate of UN Iraq Mission

The Security Council today extended the mandate of the United Nations political mission in Iraq until 31 July 2018, also calling upon that country's Government to continue providing security and logistical support to the Organization's presence on the ground. Unanimously adopting a resolution, the Council also decided that the UN Assistance Mission for Iraq (UNAMI) […]

Experts discuss Future of Iraq’s Economy at IBBC Retreat

The Iraq Britain Business Council (IBBC) held its annual weekend retreat on 7-9 July at Cumberland Lodge, Windsor Park, a venue dedicated to the advancement of international societal issues through constructive dialogue. Around 60 IBBC Members and guest speakers attended this unique event to discuss pressing issues on the future of Iraq’s economy, prospects and […]

Kurdistan Referendum puts Iran at Crossroads

By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As Iraqi Kurds try to iron out internal differences ahead of their referendum on independence in September, Turkey, Iraq and Iran have all announced their opposition, questioning the timing and fearing the implications of such […]

New Guide to Doing Business in Iraq

Deloitte Middle East (DME) has launched a guide to doing businesss in Iraq. The “Doing business guide -  Understanding Iraq’s tax position” addresses the key tax considerations for doing business in Iraq, alongside key economic, industry and market drivers which impact starting up a business there. The complexity of tax compliance in Iraq has grown […]