Archive | Politics

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

Iraq Maintains its S&P Credit Rating

By John Lee. In the latest credit rating report by Standard & Poor's (S&P), Iraq has retained its credit rating at B- / B with a stable outlook. According to the statement from the Ministry of Finance, the report highlights Iraq's financial and economic stability. It continues: "This new rating reflects Iraq's continued economic and […]

Iraq Approves Final Settlement with ExxonMobil

By John Lee. The Iraqi Ministry of Oil has received approval from the Ministerial Energy Council (Recommendation 23067/T) for a final settlement with ExxonMobil. This settlement, known as the "Settlement Agreement," resolves longstanding disputes arising from the service contract for the West Qurna oilfield project between Basra Oil Company (BOC) and US-based oil giant. The […]

US-based Firm to advise Iraqi Political Party

By John Lee. Prime Policy Group, which describes itself as "one of the first bipartisan government relations firms in Washington", has entered an agreement to provide professional services to the Erbil-based Arab Project Party. The firm, which is wholly owned by the UK-based multinational communications company WPP plc, will provide "election program support", with the […]

Iraqi Fertiliser Firm to Help Farmers with New Reforms

By John Lee. In response to this week's cabinet decision to remove subsidies on fertilisers and promote advanced irrigation techniques, a major Iraqi fertiliser manufacturer has said it will assist farmers during the transition to the new system. While supporting this government initiative to  increase the yield of agricultural land, reduce the dependence on river […]

Iraq announces Agricultural Reforms

By John Lee. The Iraqi Cabinet has agreed a package of measures aimed at improving agricultural efficiency and food security. The decisons were made at this week's cabinet meeting, chaired by Prime Minister Muhammad Shia Al-Sudani, and include: Redirecting fertiliser subsidies towards modern irrigation techniques; Exempting compound fertilisers (e.g. DAP, MAP, NPK), foliar fertilisers, liquid […]

Iraq Launches National Data Center

By John Lee. Prime Minister Mohammed Shia' Al-Sudani inaugurated the National Data Center at the General Secretariat of the Cabinet, marking a significant stride in Iraq's digital evolution. Al-Sudani inspected the progress of the first phase of the center's development, which incorporates smart screens and models depicting stages of the National Cloud Facility installation. This […]

CFR: Instability in Iraq

From the Council on Foreign Relations (CFR). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Instability in Iraq Since the U.S.-led invasion in 2003, Iraq has undergone a long period of instability, with armed groups like the self-proclaimed Islamic State taking advantage of […]

Video: Bridging the US-Iraq Business Gap

From the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Bridging the U.S.-Iraq Business Gap On August 14, The Washington Institute held a virtual Policy Forum with Mais Abbas Abousy, Safwan Al-Amin, and Amer Aladhadh: Abousy is a […]