New Road Opened in Nasiriyah
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has inaugurated the new Ya Hussain road in the center of Nasiriyah, Dhi Qar Province. The road, part of the Thi Qar Reconstruction Fund, consists of two segments: The first, spanning 3 km, features four main and service lanes, central islands, green spaces, and seating areas. […]
Iraq had the most Internet Shutdowns in 2023
By John Lee. Iraq was the nation with the largest number of internet shutdowns in 2023, according to a survey from Top 10 VPN. Its 66 shutdowns almost all occurred in relation to school exams, in an attempt to prevent cheating. Internet blackouts lasted a total of 185 hours, while social media shutdowns totalled 280 […]
Italian Firm to Manage Najaf Hospital
By John Lee. The Policlinico San Donato, a hospital of the San Donato Group, has been awarded a multi-year management contract for a highly specialized university hospital in Najaf. The 492-bed facility is owned by the Iraqi Ministry of Health. The agreement was signed by the Minister of Health, Saleh Al-Hasnawi and Kamel Ghribi, Vice […]
Qi Card Extends Western Union Service to Rafidain Clients
By John Lee. Qi Card has announced the inclusion of all holders of Rafidain Bank cards in the Western Union money transfer service. Director Ali Hussein Mun'im said the decision was made in order to serve a broader segment of the public. Qi Card was established in 2007 as a joint venture between the private […]
Yazidis sue Lafarge for supporting ISIS
By John Lee. Hundreds of Yazidi-Americans have filed a civil lawsuit against French conglomerate Lafarge, seeking to hold the company accountable for its admitted criminal conspiracy with the so-called Islamic State group (ISIS, ISIL, Daesh), and to obtain justice for the Yazidi people. Nobel Prize winner and human rights activist Nadia Murad is the lead […]
Elevating Influencer Content: CapCut's Online Photo Editor
Introduction In the realm of influencer marketing, captivating content reigns supreme. CapCut's Online Photo Editor stands as a transformative tool that empowers influencers to craft visually striking and engaging content. Tailored to meet the unique demands of influencer-driven platforms, this toolkit offers a suite of features designed to elevate and transform the way influencers create […]
Qatari Company to Invest in Baiji Power Station?
By John Lee. Iraq's Minister of Electricity, Engineer Ziad Ali Fadel, met with a delegation from the Qatari company Urbacon on Monday. The discussions focused on plans for the reconstruction of the Baiji Thermal Power Station in Salahuddin Province. The plant, which the Ministry sees as an investment opportunity, has a capacity of 2,100 MW. […]
BGC signs Agreement with BT for Secure Connectivity
By John Lee. British telecommunications company BT, and Iraq's Basrah Gas Company (BGC), have announced a new agreement to, "securely connect the company's operations in Iraq and help accelerate its digital transformation." Iraq's largest gas flare reduction company and a joint venture among the Iraqi Government, Shell and Mitsubishi, announced a new agreement to securely […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th Januarty 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 1,520.1 -0.9% -2.2% RSISX USD Index 1,494.7 […]
Iraqi Minister orders Doubling of Cement Production
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Batal Al-Najm, has ordered the doubling of cement production to meet the rising demand for essential construction materials. According to a statement from the Ministry, this surge in demand is driven by ongoing infrastructure projects and the government's plan to build fully serviced residential […]
$246m Expansion of Iraq's Haidariya Power Station
By John Lee. Iraq's Cabinet has endorsed the Energy Council's recommendation to contract with Sama Baghdad and United Aras for the expansion of the gas-powered Haidariya Power Station. According to a statement following Tuesday's cabinet meeting, Iran's MAPNA Group will bear full responsibility for material provision and contract execution, "deviating from regulations based on the […]
UK Firms introduce new Banking Systems at National Bank of Iraq
By John Lee. The National Bank of Iraq (NBI) has announced the introduction of three new banking systems. According to Izzidin Abusalameh, Group Chief Operating Officer of Capital Bank of Jordan (majority shareholder of NBI), trade finance operations will be enhanced with the help of software from UK-based Finastra. Additionally, both NBI and Capital Bank […]