By John Lee. In a move to enhance the capabilities of its security forces, the Iraqi government has approved a budget allocation of 12 billion dinars [$9 million] from the emergency reserve fund. The funds will be used to complete the construction of three coast guard patrol vessels. This initiative aims to strengthen Iraq's maritime […]
By John Lee. Judge Haider Hanoun (pictured) has been replaced as head of Iraq's Commission of Integrity. According to a statement from the Prime Minister's Office, the position will be filled by Mr. Mohammed Ali Al-Lami, the longest-serving Director General at the Commission. Hanoun was appointed to the role in November 2022, following the resignation […]
By John Lee. Mr Irfan Siddiq OBE has been appointed as the United Kingdom's Ambassador to the Republic of Iraq in succession to Mr Stephen Hitchen who will be transferring to another Diplomatic Service appointment. Mr Siddiq will take up his appointment during March 2025. He is currently British High Commissioner to Cyprus, and has […]
By John Lee. The International Organization for Migration's (IOM) Iraq Mission has issued its Annual Report 2023. Established in 2003, it has over 1,600 staff, and sub-offices across all governorates, with main offices in Baghdad, Erbil, Mosul and Basra. Click here to download the full report in English Click here to download the full report […]
By John Lee. Iraq's Foreign Economic Relations Department, through its commercial attaché in Washington, held talks with US-based MACK Trucks to explore avenues of economic and commercial cooperation between Iraq and the United States. The discussions focused on technology transfer and establishing truck assembly lines in Iraq, following the Memorandum of Understanding signed earlier this […]
From the Iraq Britain Business Council (IBBC): Iraq is making a significant comeback, presenting the private sector with an increasing array of opportunities to invest and contribute to its ongoing development. The Sudani government has not only introduced stability and reforms but is also investing in a wide range of infrastructure projects that promise growth […]
From Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: Reject changes to Personal Status Law which would allow child marriage and further entrench discrimination Iraqi lawmakers must drop amendments to the Personal Status Law, which would violate women and girls' rights, […]
By John Lee. The Organized Crime and Corruption Reporting Project (OCCRP) has claimed that Iraq's dollar auction system has been exploited by money launderers and militant groups. Click here to read the report. (Source: OCCRP)
By John Lee. An opinion piece published by The Washington Institute for Near East Policy argues that the US should consider supporting both the Development Road project and Turkiye's wider plans in Iraq, "since both serve the paramount goal of counterbalancing Iranian influence." Soner Cagaptay writes: "Ankara believes that the lucrative construction contracts for the […]
By John Lee. As part of the Iraqi government's efforts to reform the financial and banking sectors, the Council of Ministers has approved the contracting of Rafidain Bank with K2 Integrity and up to three experts in the fields of compliance, anti-money laundering, and risk management. According to a statement from the Office of the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's integrity head faces charges following anti-corruption 'tirade' A firestorm of tit-for-tat allegations has erupted after claims of widespread corruption in Iraq's judiciary by the head of the country's Federal Commission of Integrity. […]
By John Lee. The Turkish Ministry of Interior and Iraq's Ministry of Migration and Displacement have signed a memorandum of understanding focusing on migration management and voluntary returns. The agreement, signed by Turkish Interior Minister Ali Yerlikaya and Iraqi Minister Evan Faiq Jabro, aims to facilitate the voluntary return of Iraqi citizens from Turkey and […]
