Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th May 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 1,012.2 -0.6% 11.2% RSISX USD Index 995.2 […]
PM launches Iraq's National Population Policy
The Iraqi Prime Minister, His Excellency Mohammed Shiaa Al-Sudani, officially launched Iraq's National Population Policy in Baghdad on 17 May. The occasion coincided with the annual conference of the Arab League's Council for Population and Development, which was hosted by the Government of Iraq in Baghdad, with support from the United Nations Population Fund (UNFPA). […]
Saudi Aramco to Invest in Iraqi Gas Field
By John Lee. [Correction: After publication, the Oil Ministry issued a "clarification", stating that Aramco is merely "studying cooperation mechanisms" with regard to Akkas.] Iraq's Minister of Oil has announced an agreement with Saudi Aramco to invest in the development of the Akkas gas field in Anbar province. During his participation in the Iraqi-Saudi Coordination […]
Iraq, Open to the world: An IBBC Conference
From the Iraq Britain Business Council (IBBC): Iraq, Open to the world..an IBBC conference at the Mansion house, celebrating Iraq's return to international engagement. On 16th June IBBC are hosting possibly the largest delegation of Iraq businesses and government officials to the UK in recent times. This event is itself an indication of the more […]
UN: Political Infighting in KRI "Very Disturbing"
By John Lee. The UN Secretary General's special representative for Iraq has expressed concern over the infighting between the main political parties in Iraqi Kurdistan. In a statement on Twitter, Jeanine Hennis-Plasschaert said: "Ongoing political infighting in KRI is very disturbing. "Once again, we call on all parties to work in the interest of all […]
Spain takes command of NATO Mission Iraq
By John Lee. Spain has taken over command of NATO Mission Iraq from Italy, at a change of command ceremony in Baghdad on Wednesday. Full statement from NATO: Lieutenant General José Antonio Agüero Martínez of Spain assumed command of NATO Mission Iraq on Wednesday (24 May 2023) at a change of command ceremony in Baghdad. […]
Advisor to Iraqi PM hits out against Immigration
By John Lee. An advisor to the Iraqi Prime Minister has criticised immigration to the country. Mudhar Muhammad Salih told the state-run Iraqi News Agency (INA) that foreign workers transfer $600 million annually out of Iraq, and work in sectors with "limited productivity", while unemployment in Iraq is 16 percent of the total workforce. He […]
Iraq signs Oil Services Contract with US Firm
By John Lee. The Iraqi Drilling Company (IDC) has signed a partnership contract with the American company Air Drilling Solutions. Few details were given, but a statement from the Ministry of Oil said the intention was to, "keep pace with the industrial and technological development in the oil industry sector, in addition to training and […]
Kataib Hezbollah's Escalating Feud with Iraqi Security
By Amir al-Kaabi 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. Kataib Hezbollah's Escalating Feud with the Iraqi Security Forces Since the Coordination Framework appointed Mohammed Shia al-Sudani as their "general manager" of […]
Iraq-Turkey Pipeline Award: Summary and Analysis
By Zaid Al-Ali and Ahmed Tabaqchali, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Commentary: Iraq v Turkey International Chamber of Commerce Final Award (13 February 2023) On 23 May 2014, the Republic of Iraq ("Iraq") commenced arbitral proceedings against […]
IBBC visit to Iraq, May 14th-20th
From the Iraq Britain Business Council (IBBC): The IBBC management team attended an extensive round of meetings with officials in Iraq from May 14th - 20th. Led by IBBC President Baroness Nicholson and MD Christophe Michels, the visit first included the opening of and attendance at the first UK-Iraq Trade Fair at Al Burhan's new […]
New Direct Freight Service between UAE and Iraq
DP World has launched what is says is the first direct freight service between the UAE and Iraq, "to make the flow of goods between the two countries faster, safer and more efficient." The service caters for what the industry calls "unaccompanied trailers" -- trailers which can be transported by sea without the driver and […]