Korea gives Additional $3m to Stabilization in Iraq

The Republic of Korea has contributed an additional US$ 3 million to UNDP's flagship programme the Funding Facility for Stabilization (FFS), which has been implementing critical  initiatives to stabilize areas liberated from the Islamic State of Iraq and the Levant (ISIL). This is Korea's seventh contribution to the FFS since 2015, bringing its total contribution […]

COVAX gives Iraq 2.9m Doses of COVID-19 Vaccine

Over 2.9 million doses of the Pfizer COVID-19 vaccine arrived in Iraq this month, bringing the total vaccines procured for this country through the COVAX Facility to over 6 million doses. Vaccination rates in Iraq have recently been a priority of national health authorities, the World Health Organization (WHO), UNICEF and other health partners. As […]

Assassination Attempt on PM "a Reminder of Iraq's deferred priorities"

By Abbas Kadhim, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The failed assassination attempt on PM Mustafa al-Kadhimi is a reminder of Iraq's deferred priorities The failed November 7 assassination attempt on Iraqi Prime Minister Mustafa al-Kadhimi in […]

Iraq Oil Exports increase again in November

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for November of 98,192,317 barrels, giving an average for the month of 3.273 million barrels per day (bpd), up from the 3.120 million bpd exported in October. The exports from the oilfields in central and southern Iraq amounted to approximately 95,860,149 barrels; we […]

Big Future for Small Businesses: 35+ Entrepreneurs Exhibit

Big Future for Small Businesses: Exhibition by MOLSA and UNDP Welcomes Over 35 Entrepreneurs Over 35 small businesses from across Iraq have gathered at an exhibition in Baghdad. The event was a part of the joint efforts by the Federal Ministry of Labour and Social Affairs (MOLSA) and the United Nations Development Programme (UNDP) to […]

KRG PM meets Entrepreneurs involved in School Building

The Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, met ten entrepreneurs on Tuesday; the entrepreneurs are building schools in Erbil province. Prime Minister Barzani thanked them for their investment and praised the role of the private sector in the Kurdistan Region. The Premier highlighted the importance of education to the ninth cabinet, […]

A New Chance at Kingmaking for Iraqi Kurds

By Bilal Wahab for 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. A New Chance at Kingmaking for Iraqi Kurds With militias on the back foot, the United States should lean on Kurdish and Iraqi leaders to […]

New Book: The Political Economy of Iraq

The Political Economy of Iraq: Restoring Balance in a Post-Conflict Society (Second Edition) by Frank R. Gunter, Published by Edward Elgar, October 2021   "Frank Gunter has written the definitive account in English of the contemporary Iraqi economy...Following a brief history and overview, chapters cover social indicators, corruption, macroeconomic policy, state-owned enterprises, entrepreneurship, oil, agriculture, […]

Sadr Confirmed as Victor in Iraq Elections

By John Lee. Iraq's Independent High Electoral Commission (IHEC) has announced the final results of the parliamentary elections which took place on 10th October, 2021. Following appeals and recounts, five seats changed hands, but the Sadrist Movement was confirmed as the largest party with a total of 73 seats from a total of 329 seats […]

Business Development Services for Small Enterprises in Iraq

ILO, IOM Collaborate to Improve Business Development Services for Small Enterprises in Iraq The International Labour Organization (ILO) and the International Organization for Migration (IOM) in Iraq are collaborating to support the development of existing national small-scale enterprises and potential entrepreneurs from displaced and host communities in Iraq through entrepreneurship skills training. Under the new […]

Drivers of Informality in Iraq's Labour Market

New Report Identifies Drivers of Informality in Iraq's Labour Market A new diagnostic report examining the drivers of informality in Iraq's labour market highlights the multiple and wide-ranging factors contributing to informality and the burdens imposed on the formalisation of enterprises and workers in the country. Iraq's private sector, which accounts to roughly 40 per […]

Iraqis having Smaller Families due to Living Costs

From The New Arab. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq fell out of love with clans and embraced nuclear families Recent years have seen Iraqis having smaller families due to a spike in living costs. Couples are having fewer […]