Iraq Tackling Harassment at Work
Iraq takes major step forward towards ratifying ILO Convention 190 The International Labour Organization (ILO) with the support of the European Union successfully concluded a transformative workshop in Erbil, Iraq on the ratification of ILO Convention 190 on the Elimination of Violence and Harassment in the World of Work. The workshop was organized after the […]
Why a US withdrawal from Iraq is off the table
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Why a US withdrawal from Iraq is off the table An important letter was delivered to Iraqi Foreign Minister Fuad Hussein last week. In a Jan. 24 meeting, US Ambassador Alina […]
Iraq was Turkiye's third-biggest Export Partner in 2023
By John Lee. The Turkish Statistical Institute has said that Iraq was Turkiye's third-biggest export partner in 2023. December 2023 - Main Export Partners: 1. Germany: $1.679 billion 2. USA: $1.314 billion 3. Iraq: $1.254 billion 4. United Kingdom: $1.217 billion 5. Italy: $1.022 billion Percentage of Top 5 in Total Exports: 28.2% January-December 2023 […]
Iraqi Airways cancels Flights between Baghdad and Moscow
By John Lee. Iraqi Airways has announced that its scheduled flights between Baghdad and Moscow are cancelled, effective from 3rd February until further notice. According to Iraq's Ministry of Transport, the cancellation is due to what it describes as, "operational reasons with the Russian side." Passengers with reservations are advised to contact the airline for […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st February 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 1,703.9 3.0% 9.6% RSISX USD Index 1,675.4 […]
Contracts Signed for New Residential City near Baghdad
By John Lee. Under the patronage of Prime Minister Mohammed Shia Al-Sudani, the signing ceremony for the new Ali Al-Wardi Residential City project took place on Wednesday. Iraq's Minister of Housing, along with the director of Egypt's ORA Developers, Mr. Naguib Sawiris, signed the contract. This project is the largest of five new residential city […]
Minister pushes Phosphate Fertilizer Project in Anbar
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Engineer Khaled Battal Al-Najm, chaired a meeting of the Board of Directors of the General Company for Phosphates on Tuesday. The meeting was attended by the directors of the control, legal, technical, and investment departments within the ministry to discuss the latest developments regarding the […]
Khor Abdullah Dispute: Saudi Arabia sides with Kuwait
By John Lee. Kuwait and Saudi Arabia have renewed their call for Iraq to respect the agreement between the Iraq and Kuwait on the regulation of maritime navigation in the Khor Abdullah waterway. In September, the Iraqi Federal Supreme Court declared the agreement to be unconstitutional. A joint statement issued on Wednesday at the conclusion […]
GKP Remains Focused on Maximising Local Sales
Gulf Keystone Petroleum (GKP) has this morning issued an operational and corporate update. The information contained in this announcement has not been audited and may be subject to further review. Jon Harris, Gulf Keystone's Chief Executive Officer, said: "2023 was a challenging year for GKP and our industry as Kurdistan crude exports were suspended in […]
Minister of Trade Meets with Toyota Iraq
By John Lee. Iraq's Minister of Trade, Mr. Atheer Al-Ghareeb, recently met with a delegation from Toyota Iraq to discuss suitable ways and mechanisms to strengthen cooperation with Toyota. During the meeting, the Minister emphasized the ministry's eagerness to collaborate with automotive companies, including Toyota. This collaboration extends to successful partnership contracts and investments with […]
PM Meets Iraqi Businesswomen
By John Lee. Prime Minister Mohammed Al-Sudani met with a group of Iraqi businesswomen at the weekend, affirming the government's determination to support women in business. Al-Sudani said that reforms in the financial and banking sectors have prioritised supporting the business sector for women and providing employment opportunities for Iraqi women in the private sector. […]
Firms ask US to help Restart Kurdistan's Oil Exports
By John Lee. The Association of the Petroleum Industry of Kurdistan (APIKUR) has appealed to the United States Congress for immediate action to help resolve halted crude oil exports from the Kurdistan Region of Iraq (KRI). The export halt, affecting over 400,000 barrels of oil per day, has lasted more than 10 months and is […]