Iraq signs Declaration on Children, Youth and Climate Action
UNICEF commends the Government of Iraq for signing the Declaration on Children, Youth and Climate Action UNICEF commends the Government of Iraq for signing the Declaration on Children, Youth, and Climate Action. It demonstrates the strong commitment of the Government to the Convention on the Rights of the Child as it comes on the eve […]
Finnish Company Trains Iraqi Air Traffic Personnel
By John Lee. A delegation from Iraq's General Company for Air Navigation/Aviation Communications has participated in a training workshop and inspection of the AOWS system, held at the Finnish company Vaisala. This is part of the Mosul International Airport reconstruction project led by the Ninewa Governorate. Mr. Wissam Sameer Abbas, Deputy Director General, stated that […]
Car Smuggling Network at Safwan Border Crossing
By John Lee. Iraq Commission of Integrity has stopped a car smuggling operation in Basra. The investigative team in Basra dismantled the car trafficking network operating through the Safwan border crossing. Three individuals were apprehended, and seven vehicles were seized as they were being smuggled out of the border. (Source: Commission of Integrity)
8 Iraqi Rail Lines Re-Opened in Past Year
By John Lee. The Iraqi Ministry of Transport has announced the reactivation of eight previously dormant rail lines: The first dual line from south Baghdad to Al-Musayyib, covering 40 km, on August 30, 2023; The rehabilitated Baiji field line, opened on November 5, 2022; The North Umm Qasr Port Rail Line, on December 22, 2022; […]
Tehran, Baghdad hold talks on Energy Cooperation
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. Iran's oil minister and the electricity minister of Iraq emphasized the need for enhancing bilateral ties in the field of energy. Iraq's visiting Minister of Energy Ziad Ali Fazel […]
210 Companies take part in Erbil Trade Fair
By John Lee. According to a statement from the KRG, on the third day of the 5th International Trade Fair for Industry and Construction in Erbil, business opportunities are flourishing. It says a total of 210 companies, from 10 different countries, are actively participating in the fair, with 38 of them being Kurdish and Iraqi […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th 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 1,502.9 5.8% 65.1% RSISX USD Index 1,477.8 […]
Court Ousts Speaker as Sadr Signals Return to Politics
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi top court ousts parliament speaker as Sadr signals return to politics Iraq's Federal Supreme Court has ruled to end the speakership of top Sunni politician Mohammed Al-Halbousi. The prominent lawmaker has slammed […]
Resignations at Iraq's Parliament after Court Ousts Halbousi
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Resignations at Iraq's parliament after supreme court ends Halbusi's term The powerful Sunni politician has been mired in controversy amid political tensions in Iraq. Click here to read the […]
EBRD welcomes Iraq as its latest member
By John Lee. Iraq has become the latest member of the European Bank for Reconstruction and Development (EBRD). The bank recently approved amendments to its statutes to enable the limited and incremental expansion of its operations to Iraq. Full statement from EBRD: Iraq has become the latest member of the European Bank for Reconstruction and […]
US Renews Iran-Iraq Energy Waiver
By John Lee. The United States has reportedly issued a new waiver allowing Iraq to pay Iran for electricity. According to Reuters, the waiver lasts for 120 days. While not directly confirming the waiver, US State Department spokesperson Matthew Miller told a press briefing on Tuesday: "So I don't have a comment to give on […]
Iraq to Waive Port Fees for Refinery Project
By John Lee. The Iraqi Cabinet has endorsed a recommendation for financing the Fluid Catalytic Cracking (FCC) project, which it says is contracted by the South Refineries Company (SRC) with a Japanese company. Iraq Business News understands this to be the Basra Refinery Development Project, which is to be built by Japan's JGC Corporation. The […]