Iraq Expands E-Government Services Portal
By John Lee. The Iraqi government's "Ur" electronic portal, has successfully expanded its e-government services, offering 708 services, of which 352 are electronic and 356 are paper-based. Government spokesman, Haider Majid, also told the state-run Iraqi News Agency (INA) that the portal has more than 2.3 million registered users. He said Ur includes 6,358 governmental […]
Climate Adaptation Project to support Farmers in Basra
Basrah Gas Company and WFP Iraq launch a climate adaptation project to support smallholder farmers in Basrah Basrah Gas Company (BGC) and the United Nations World Food Program (WFP) have signed an agreement aiming to support local farmers in the Al Zubair district in Basrah through a climate change adaptation initiative which sets out to […]
Misuse of Public Funds at Dhi Qar Oil Company
By John Lee. Iraq's Commission of Integrity has reported the detection of "excesses and waste" exceeding $33 million in two contracts for Dhi Qar Oil Company (DQOC) and several departments affiliated with the Ministry of Electricity in the province. The department revealed excesses in the cost of a contract for the construction and maintenance of […]
Iraqi PM sending Mixed Messages on US Forces
By Abbas Kadhim for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's prime minister is sending mixed messages on whether US forces should withdraw or not The coming months will reveal whether the Iraqi government intends to uphold the […]
Vallourec Wins Iraq Contract with TotalEnergies
By John Lee. French tube maker Vallourec has signed a contract with TotalEnergies for the supply of casing and tubing and associated accessories for the first phase of the Gas Growth Integrated Project (GGIP) in Iraq. The GGIP includes the recovery of gas currently being flared in the Basra region to supply power plants, along […]
Iran's Non-Oil Exports to Iraq Up 30%
From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A member of the Iran-Iraq Joint Chamber of Commerce said that $6.2 billion worth of non-oil goods were exported from Iran to Iraq in the first eight months of […]
PM Al-Sudani mets World Bank Group President in Davos
By John Lee. On the sidelines of the World Economic Forum (WEF) in Davos, Iraqi Prime Minister Mohammed Shia Al-Sudani met with Mr. Ajay Banga, the President of the World Bank Group. The meeting focused on discussing cooperation between Iraq and the World Bank in various economic sectors, contributing to supporting the government's efforts and […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 18th January 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 1,563.6 2.9% 0.6% RSISX USD Index 1,537.5 […]
Iraq, KRG "Cancel Meetings" with Iran over Missile Row
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq, KRG leaders cancel meetings with Iran's FM at Davos over missile row Tensions between Baghdad and Tehran have flared since the Monday attack, which Tehran claimed targeted an […]
Iraqi PM meets Regional CEO of JPMorgan
By John Lee. In Davos, Iraqi Prime Minister Mohammed Shia Al-Sudani met with Mr. Khaled Haballah, the Regional CEO of J.P. Morgan (JPMorgan Chase) for the Middle East and North Africa. The meeting focused on exploring cooperation opportunities in financial areas, including opening accounts for Iraqi banks. Discussions also touched upon the potential participation of […]
Iraqi Businessman (UK National) Killed in Erbil Attack
By John Lee. Another prominent Iraqi entrepreneur and investor is reported to have been killed in the recent attack by Iran's Islamic Revolutionary Guard Corps (IRGC) on targets in Erbil. Syriac Press, which covers, "events related to the Syriac-Aramean-Assyrian-Chaldean people [in the region]", said: "Among those killed was Chaldean-Syriac-Assyrian businessman Karam Mikhail. Mikhail was visiting […]
Investment Opportunity in Iraqi Residential Development
By John Lee. Iraq's National Investment Commission (NIC) has announced its first investment opportunity of the year. The project is described as a "horizontal and vertical" residential project on plot number (1/6/m 28) in the Tajiya [Tajiyaat] district. The plot area is 266 dunams (26.6 hectares) and is owned by the former Al-Karama Company (currently […]