Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is offering to mediate between Saudi Arabia and Iran to end their dispute, which began when Riyadh executed a prominent Shia cleric. This, along with Tehran's alleged failure to protect Saudi Arabian […]
By Simon Kent. The Kurdish Regional Government has announced a plan to implement a series of economic reforms in the face of a growing recession. Currently, the region has debt of up to $18 billion, a crisis made far worse by expenditures in the war against ISIS, the collapse in oil prices and a bloated […]
By Simon Kent. Iraqi Foreign Minister and former PM Ibrahim al Jafaari (pictured) is on an official visit to Kuwait, and has heralded improving relations between the two countries. In a meeting with his Kuwaiti counterpart Sheikh Sabah al Khaled, Jafaari noted increasing bilateral trade and a planned scheme where Iraq will supply gas to Kuwait. He […]
By John Lee. Saudi Arabia has re-opened its embassy in Baghdad, 25 years after relations were broken over Iraq’s invasion of Kuwait. The embassy will have an initial staff of 35 people, and a consulate is expected to open later in Erbil. Diplomatic relations were restored in 2004 after the toppling of the Saddam Hussein […]
By John Lee. The International Monetary Fund (IMF) is expected to finalize an agreement with Iraq in the coming days for a program to monitor its economy. The fund's Middle East director, Masood Ahmed, told Reuters the program would establish a track record of effective performance from the Iraqi authorities which could lead to a […]
Senior KRG officials on Sunday discussed economic reform plans of the government and bilateral ties with Baroness Emma Nicholson, UK Prime Minister's Trade Envoy for Iraq. The meeting was chaired by Minister Falah Mustafa, and he was joined by Dr. Ali Sindi Minister of Planing, Nawroz Mawlod Minister of Municipality and Tourism, Mawlod Bawa Murad […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Violence, political instability and a struggling economy have left almost a third of Iraq's population without basic services such as water and sanitation. Al Jazeera's Imtiaz Tyab reports from Baghdad on how people […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s most urgent challenge is to eliminate the Islamic State (IS), but that battle will be just a prelude to myriad conflicts in liberated areas such as Sinjar and Tuz Khormato if the rival […]
By John Lee. Washington DC-based communications and political advisory firm Sanitas International has reported that it has been engaged to work in the United States on behalf of Peace Ambassadors for Iraq (PAFI), and its President, Sheikh Jamal al-Dhari. In a statement made pursuant to the US’s Foreign Agents Registration Act (FARA), Partner Christopher Harvin […]
By John Lee. Prime Minister Haider al-Abadi has sacked the Minister for Trade, Mlas Mohammed Al-Kasanzan [Abdulkarim Malas al-Kasnazani] (pictured), for failing to show up for work. A statement from the Prime Minister's office said al-Kasnazani was dismissed because of his "absence ... from his duties as Minister of Commerce [i.e. Trade] for more than […]
KRG President Masoud Barzani as part of his visit to the Persian Gulf region has met with His Majesty King Salman bin Abdulaziz al-Saud, the king of Saudi Arabia. King Salman and President Barzani discussed the current issues facing the region in particular and te entirety of the world in general in the hands of […]
Following the ISIL offensive on Mosul, over 275,000 people from Mount Sinjar area - including a vast majority of Yazidis - were driven out of their homes. Abandoned Yazidi settlements were either systematically demolished or seized by ISIL fighters. Some 6,000 homes are thought to have been destroyed or burned down in the district of […]
