Does Iraq have a Digital Economy?
Does Iraq Have A Digital Economy? In a world constantly advancing technologically and emphasizing the importance of digital skills, Iraq has begun its journey toward digital transformation. The country is gradually building its infrastructure and enacting laws and regulations to reflect current technological changes. As Iraq embarks on this path, it is crucial to assess […]
Aswar Al-Dammam wins UNDP Contract
By John Lee. Fallujah-based Aswar Al-Dammam has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation 11- Gludiat 200m3/hr. in Dujail -Salahdien Governorate ... The scope includes Civil, Electrical and Mechanical works." Contract value is stated as $185,849.15. (Source: UNGM)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th December 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 2,186.9 -1.3% 40.7% RSISX USD Index […]
How can Iraq Boost Job Growth?
By Prof. Frank R Gunter for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How can Iraq boost job growth? Iraq is running out of time. The most serious challenge facing the country is the rapid growth in the number of […]
Iraq's Elites "view Syria with Consternation"
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 fractured elites view Syria with consternation as HTS takes charge In the wake of former Syrian leader Bashar Al-Assad's downfall, Iraqi Shiite political elites are now coming to terms with a radical […]
UNDP awards Contract for Water Pipeline for Aqaulla
By John Lee. Nasem AlNakhell Company for General Contracting has won a contract with the United Nations Development Programme (UNDP) for an "Extension water pipeline for Aqaulla village." Contract value is stated as $425,135.79. (Source: UNGM)
Iraqi Support for Employing Persons with Disabilities
By John Lee. The Iraqi Federation of Industries (IFI), in collaboration with the International Labour Organization (ILO), and supported by Italy through the Italian Agency for Development Cooperation (AICS), has launched the Iraqi National Network for Employers Interested in Empowering and Employing Persons with Disabilities. According to a press release, the event, hosted at the […]
GKP: "Near-Term Local Sales Outlook is Strong"
By John Lee. Gulf Keystone Petroleum (GKP) has said its near-term local sales outlook is strong. In an operational and corporate update issued today (Wednesday), the operator of the Shaikan Field in the Kurdistan Region of Iraq added that a number of key details remain outstanding regarding payment surety for future oil exports, the repayment […]
Baghdad to be Arab Tourism Capital for 2025
By John Lee. The Arab Tourism Organization (ATO) has selected Baghdad as the Arab Tourism Capital for 2025. Prime Minister Mohammed S. Al-Sudani expressed his gratitude to everyone who contributed to this achievement, adding: "These initiatives aim to enhance service standards and modernize the capital's infrastructure to a level that reflects its historical and cultural […]
US Investment Climate Statement for Iraq
By John Lee. The US State Department issued its 2024 Investment Climate Statement for Iraq earlier this year. The report covers the following key areas: Openness To, and Restrictions Upon, Foreign Investment Bilateral Investment and Taxation Treaties Legal Regime Industrial Policies Protection of Property Rights Financial Sector State-Owned Enterprises Responsible Business Conduct Corruption Political and Security Environment […]
Iraq, Saudi Arabia sign Investment Protection Agreement
By John Lee. Iraq's National Investment Commission (NIC) Chairman, Dr. Haider Mohammed Makiyya, announced the signing of the Investment Protection and Promotion Agreement with Saudi Arabia on November 24, 2024. The agreement, finalized ahead of the 28th World Investment Conference in Riyadh, aims to create a secure environment for Saudi investors in Iraq, supported by […]
KRG comments on Genel Energy Arbitration Case
By John Lee. The Kurdistan Regional Government (KRG) has issued a statement following its arbitration win in a dispute with Genel Energy. Genel announced last week that a British court had dismissed its claim for damages from KRG for loss of Genel's rights to develop the Bina Bawi and Miran fields in Iraqi Kurdistan. According […]