By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq seeks to attach strings to arms purchases from Turkey Talks on the sale of Turkish armed drones and combat helicopters to Iraq have hit snags amid Iraqi efforts to extract […]
By John Lee. Iraq's Independent High Electoral Commission (IHEC) has just announced the preliminary results of yesterday's parliamentary election (see below). Turnout was reported to be low, at about 41 percent, compared to more than 44 percent in the last election.
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. The market, as measured by the Rabee Securities RSISX USD Index, ended an unremarkable month down 3.3%, but up 22.7% for the year. The last 30 days […]
By John Lee. Iraq signed an agreement to build a 525-MW solar power plant in Karbala. The project will be built by a consortium of companies led by the Norwegian Scatec, whose main shareholder is Equinor (formerly Statoil). Also involved are Egypt's Orascom and Iraq's Al-Bilal. The signing comes after recent announcements of renewable energy […]
By John Lee. The US Consul General in Erbil has praised the Dallas-based HKN Energy for directly creating 450 jobs in the Kurdistan Region. Robert Palladino made the comments during a visit to the company's facility in Chamanke. Click here to read the full article. (Source: Kurdistan 24)
By John Lee. Italian energy company Eni S.p.A has signed an agreement with UniHouse to execute the Talented Iraqi Program. Under the scheme, high-caliber, talented Iraqi students will be placed in the UK to study for Bachelor of Medicine degrees. UniHouse will provide a full range of services, including preparation, exams, orientation, and in-country academic […]
By John Lee. Iraq's Foreign Minister, Fuad Hussein, has this week received the credentials of two new ambassadors to Baghdad: the German Ambassador to Baghdad, Mr Martin Jaeger (pictured); the Polish Ambassador to Baghdad, Mr Marcin Kubiak. (Source: MoFA)
Water Accounting and Water Productivity Assessment Training workshop FAO-Iraq conducted a two-day training workshop in Erbil on Water Accounting and Water Productivity assessment within the implementation of an FAO project aiming at agricultural Water Resource Management Improvement, Water accounting with a baseline water productivity assessment" to demonstrate the value of water accounting (WA) and water […]
Writing about the new Iraqi National Oil Company (INOC) in Oil Price, Simon Watkins argues that the greater the concentration of power over oil and money in one place, the more monumental the scale of corruption becomes. Click here to read the full story.
Within the framework of the EU funded project Support to livelihoods of rural and peri-urban returnees and communities in Ninewa Governorate, Iraq, a high-level meeting on processing and marketing of corn silage to support the production of fodder crops in Iraq was held in Kirkuk Agriculture Directorate. The meeting was attended by Mrs. Ahlam Fakhreddin, […]
By John Lee. Iraqi e-commerce platform Elryan.com has significantly expanded its product offering to include grocery items with the launch of its partnership with major international retailer, Carrefour. In a statement, Elryan says the partnership brings a new level of choice, convenience, and service to Elryan's more than 100,000 active customers. Products will be delivered […]
Economic recovery is slow for SMEs in Iraq during the second year of COVID-19 To measure the impact of COVID-19 on small- and medium-sized enterprises (SMEs) in Iraq, the International Organization for Migration (IOM), the Food and Agriculture Organization (FAO), and the International Trade Center (ITC) conducted a panel study of 716 SMEs, covering June […]