IBBC holds successful Dubai Business Conference
From the Iraq Britain Business Council (IBBC). IBBC holds successful Dubai business conference with senior membership and government dignitaries IBBC held a successful two-day conference in Dubai including a full education day followed by the business day, attended by senior officials from Iraq including HE Mohammed Al Darraji, senior technical advisor to the Iraqi PM […]
Enhancing Collaboration between Iraqi Stock Exchange and ADX
By John Lee. During an official visit to Abu Dhabi, Iraqi Securities Commission (ISC) President Faisal Al-Haimus met with Abdulla Salem Alnuaimi, CEO of Abu Dhabi Securities Exchange Group (ADX), to explore enhancing collaboration between the Iraqi Stock Exchange (ISX) and ADX. Discussions focused on integrating ISX into the Tabadul Digital Exchange Hub, a cross-border […]
Mosul Space launches Nineveh's First Youth-Led Climate Club
By John Lee. The innovation and tech hub Mosul Space has inaugurated Climate Space, Nineveh's first youth-led club dedicated to addressing local environmental and sustainability issues. The opening session introduced the initiative's mission to empower young leaders, tackling problems such as water scarcity, waste management, and the lack of green spaces. Planned activities include tree-planting […]
Iraq Advances Baghdad Airport Development with IFC Support
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Monday with an International Finance Corporation (IFC) delegation, alongside the Minister of Transportation and key advisors, to review progress on the Baghdad International Airport Development Project. Discussions focused on implementing IFC-established criteria for selecting a leading global firm to oversee the airport's […]
Netherlands, IVP launch Orange Corners Innovation Fund (2nd Phase)
By John Lee. The Netherlands and Iraq Venture Partners (IVP) have launched the second phase of the Orange Corners Innovation Fund (OCIF) at a signing ceremony held at the Embassy of the Netherlands in Baghdad. The EUR 2.6-million fund, financed by the Netherlands and implemented by IVP, aims to support young Iraqi entrepreneurs with technical […]
Supporting Youth-Led SMEs at "Riyada" Initiative Conference
By John Lee. The "Riyada" Initiative Conference was held on Saturday in Baghdad under the theme: "Investing in Human Potential to Enhance Iraq's Economy... Toward an Entrepreneurial Society." According to a statement from Prime Minister's office, the event showcased the government's commitment to empowering youth through entrepreneurship as a core pillar of economic development. Prime […]
Al-Siniya Refinery Increases Capacity
By John Lee. The North Refineries Company (NRC) has announced a 20,000-barrel-per-day (bpd) increase in production capacity at the Al-Siniya refinery, raising its output to 50,000 bpd. Director General Adnan Mohammed Hamoud highlighted that the project was completed within six months, with the operation of two new production units, each adding 10,000 bpd. The refinery's […]
New Company Registration Directorate Opens in Baghdad
By John Lee. The new headquarters of the Company Registration Directorate, part of the Ministry of Trade, was opened in Baghdad on Saturday by Prime Minister Mohammed S. Al-Sudani. The event marked what his office described as a significant step in the government's ongoing initiative to modernise institutional operations and align them with modern technological […]
Araqat Al-Usool wins Water Contract
By John Lee. Araqat Al-Usool has won a contract with the United Nations Development Programme (UNDP) for the "Supply and installation of old Sumum water, Salahaldin." Contract value is stated as $462,289.29. (Source: UNGM)
Handicap International reviews Disability Legislation in Iraqi Kurdistan
By John Lee. Handicap International (HI) has published a positioning paper on the recent disability legislation in Kurdistan Region of Iraq (KRI) (Law No. 8 of 2021). The paper was developed by HI's local partner, Sheyaw NGO, as part of the "Promoting Effective and Active Civic Engagement among persons with disabilities in Iraq (PEACE)" project. […]
Contract Awarded for Rehabilitation of Sports Club
By John Lee. Baher Alshamal has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation of Al- Sherqat Sports Club, Sherqat District, Salah Al-Din Governorate" Contract value is stated as $258,092.02. (Source: UNGM)
Iraqi Cabinet Declines Sovereign Guarantee for Rail Project
By John Lee. The Iraqi Cabinet has blocked a proposal to provide a sovereign guarantee for a rail project. A statement issued on Thursday evening through the Media Office of the Prime Minister stated: "Based on the investigation results issued by the investigative team of the Commission of Integrity regarding the partnership contract concluded between […]