$3m Peace and Stability Project for Sinjar
By John Lee. Iraq and the United Nations signed an agreement for a $3 million peace and stability project in Sinjar, sponsored by the Iraqi Ministry of Planning and funded by the UN. The initiative, implemented by three UN agencies-UN Development Programme (UNDP), the International Organization for Migration (IOM), and UN Women-aims to support Sinjar's […]
Iraqi PM Welcomes Reopening of Swiss Embassy after 33 Years
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met with newly appointed Swiss Ambassador Daniel Hunn on Saturday, celebrating the reopening of Switzerland's embassy in Baghdad after a 33-year closure. Al-Sudani called the move a significant milestone in Iraq-Swiss relations and urged for the activation of joint committees to boost bilateral cooperation. Both sides […]
Iraqi PM courts US Investment in Oil
By John Lee. The Iraqi Prime Minister has expressed a willingness to partner with American firms to develop the country's oil and gas resources. Speaking to Al Monitor, Mohammed Shia al-Sudani acknowledged that some US companies have said the terms of potential contracts were not favorable, and he pledged to rectify the issue. Full report […]
Iraq Holds Workshop on Nanotechnology
By John Lee. The Iraqi Ministry of Planning has held a workshop on nanotechnology, highlighting its potential as one of the most advanced scientific and technological developments in recent years. Presentations covered various aspects, including a report by Engineer Ahmed Farouk of the Ministry of Construction, emphasizing Iraq's need for nanotechnology research centers to keep […]
Iraq's Integrity Head "Faces Charges"
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. […]
Major Section Completed at Iraqi Megaport - Key Data
By John Lee. The Iraqi Ministry of Transport has announced the completion of the five-berth construction project at Al-Faw Grand Port's container terminal. According to Dr. Farhan Al-Fartousi, Director General of the General Company for Ports of Iraq, all stages of the project have been successfully finalized, following the directives of Transport Minister Razzaq Muhibis […]
Turkiye and Iraq Sign Agreement on Migration, Voluntary Return
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 […]
Additional Funding for Multi-Year Resilience Programme in Iraq
By John Lee. Education Cannot Wait (ECW) has announced additional funding of $9 million for its Multi-Year Resilience Programme in Iraq. The programme started in 2021, and is delivered by Save the Children. Full statement from ECW: Education Cannot Wait (ECW) announced today [2nd October 2024] a US$9 million cost extension for its highly successful […]
Iraq Launches National Education Strategy
By John Lee. The World Bank has recently published the National Education Strategy for Iraq 2022-2031 or also referred to as Iraq National Education Strategy (INES). Although issued in September 2024, the report covers the period from 2022 to 2031. According to a press release, the new document reflects on current challenges and presents a […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 3rd Oct 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,852.7 2.9% 19.2% RSISX USD Index […]
Tabaqchali: Iraq Stock Market Rallies as Conflict Escalates
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Rallies as Conflict Escalates The equity market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up 8.5% in September, […]
Modon and Lafarge Partner to Implement Green Cement Technology
Modon and Lafarge Partner to Implement Green Cement Technology As part of Modon's continuous development and under the active agreement with Lafarge, the French company specializing in infrastructure solutions and building materials, both parties have agreed to adopt and implement green cement technology in Modon's operations. This technology is one of Lafarge's most innovative solutions, […]