Standard Chartered Iraq hires new CEO
By John Lee. Standard Chartered Iraq has reportedly named Jamil Choucair as its new CEO. According to The Banker, Mr Choucair has held numerous banking positions in the past, and was previously the general manager and country head of Audi Bank Iraq. More here. (Source: The Banker)
Contract to Train Iraqi Ministry of Interior in GIS
By John Lee. Baghdad-based Atlas for GIS and Surveying Systems has won a contract with the United Nations Office for Project Services (UNOPS) for a "GIS Training Program for the Ministry of Interior in Baghdad" The contract is valued at $45,050. (Source: UNGM)
New Financial Investigations Handbook for Iraq
By John Lee. The United Nations Development Programme (UNDP) in Iraq has launched a new Financial Investigations Handbook, which it describes as a practical guide for conducting parallel, integrated financial investigations, for use by investigative judges and institutions who are responsible for conducting criminal investigations. Full statement from UNDP: This week, Iraq took a significant […]
Fly Baghdad Banned from flying in EU
The European Commission updated the EU Air Safety List, the list of airlines that are subject to an operating ban or operational restrictions within the European Union, because they do not meet international safety standards. Ensuring the highest level of air safety for Europeans and all other travelling passengers is at the very heart of […]
Militia Hair-Pulling over Who are the Truest Muqawama
By Hamdi Malik and Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Militia Hair-Pulling Over Who Are The Truest Muqawama Given a couple of days of Gaza-related ceasefire, muqawama leaders went back to old […]
Green Future for Iraq - Nationwide Tree Planting Campaign
Green Future for Iraq - A Nationwide Tree Planting Campaign In alignment with Iraq's Prime Minister's vision to foster environmental sustainability, a new nationwide tree-planting campaign is set to be launched by the United Nations agencies in Iraq in collaboration with the Ministry of Environment, Ministry of Agriculture, the Mayoralty of Baghdad, the Department of Media and […]
Galiawa Group Opens New Steel Factory in Erbil
By John Lee. KRG Prime Minister Masrour Barzani has inaugurated the Van Steel Iron Factory in Erbil. According to a statement from the KRG, the factory, operated by Galiawa Group, is now the largest iron and steel facility in the Kurdistan Region and Iraq. In his speech, Prime Minister Barzani thanked Galiawa Group for their […]
Iraq to establish new Company to Manage Carbon Economy
By John Lee. Prime Minister Mohammed Shia al-Sudani has chaired a special meeting on carbon emissions, attended by ministers of oil, electricity, and environment, along with energy advisors and sector specialists. He directed the formation of a public company for carbon economies under the Ministry of Environment and instructed the regulation of energy contracts in […]
Iraqi Approves work with Austrian Irrigation Company
By John Lee. As part of its efforts to encourage efficient irrigation in the agricultural sector, the Iraqi Cabinet has agreed to contract with the Austrian equipment company Bauer, subject to legal considerations. A delegation from the company, led by Financial Director Andreas Schitter, had visited Iraq in February, meeting with Iraq's Minister of Agriculture, […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th November 2023). 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 1,462.9 -1.6% 60.7% RSISX USD Index 1,438.5 […]
Responsibility for Iraqi Airports to be removed from ICAA
By John Lee. The Iraqi Cabinet has approved a number of changes in the aviation and air transport sector. The management of Iraqi airports is to be removed from the Iraqi Civil Aviation Authority (ICAA), and placed under the control of the Ministry of Transport's Aviation Services Company, which is to be renamed the "General […]
New Speakers announced for IBBC Dubai Conference
The Iraq Britain Business Council (IBBC) has announced more leading speakers for its Dubai conference on 7th and 8th December, including H.E. Mr Zyad Ali Fadhil, Minister of Electricity, Dr Samir Al Waely, CBI, Dr Abdulkareem, AL Faisal, Chairman of PM's advisory council, Ms Begard Talabani the Minister for water resources and agriculture, Dr Salar […]