Discussions on Transfer of German Health Tech to Iraq
By John Lee. The Iraqi Minister of Health of Iraq, Prof. Dr. Saleh Al-Hasnawi, met with representatives from the German Agency for International Cooperation (Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH) and the German Deputy Minister of Health to discuss cooperation between the two countries. They discussed increasing cooperation in digital electronic governance, transferring German […]
Iraqi Kurdistan to Build Three New Dams
In coordination with the Iraqi Ministry of Water Resources, the Kurdistan Region will construct three new strategic dams to capture one billion cubic meters of water. Within the framework of the Kurdistan Regional Government's strategic plan to fight drought, three dams named "Dalga", "Mandawa", and "Bakrman" will be constructed in the Erbil, Duhok and Raparin […]
Overpass Construction Starts at New Intersections in Baghdad
By John Lee. Prime Minister Mohammed S. Al-Sudani has supervised the launch of two new projects aimed at relieving traffic congestion in Baghdad. The first project involves the construction of two overpass bridges at the intersection of Aden and Sana'a squares on the Karkh side of Baghdad. The second project includes the construction of two […]
France opens Visa Centre in Mosul
By John Lee. The French Consul General in Mosul, Jean-Christophe Augé, has opened a new visa application centre in Mosul. This makes France the first EU country to open visa service in the city. Based in the offices of Mosul Space, the centre is run by TLScontact, part of Paris-based Teleperformance Group. (Source: @AugJeanChristo1)
CBI launches Banking Supervision Reporting System (BSRS)
By John Lee. The Central Bank of Iraq (CBI) has launched the Banking Supervision Reporting System (BSRS), which will collect financial data from banks and non-banking financial institutions. According to a statement from the CBI, the system will provide the Banking Control Department with a clear view of the financial status of financial institutions, enabling […]
Iraq courts Syrian Investment
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Muhammad Makiya, met with the Syrian Ambassador to Baghdad, Mr. Sattam Jadaan, to discuss strengthening economic cooperation between Iraq and Syria. They talked about potential joint investment opportunities in various sectors, including housing, oil, industry, agriculture, and electricity. The Chairman expressed Iraq's […]
Kurdistan to host Major Football Event
Kurdistan to host world's largest football cup for unaffiliated regions The Kurdistan Region will host the 2024 CONIFA World Football Cup with the participation of teams from 16 regions from around the world. In an interview with the Department of Media and Information, Tariq Abdulrahman, President of the Kurdistan Football Association said that "matches will […]
Fresh Doubt Cast on Conviction of Foreign Businessmen in Iraq
By John Lee. The Guardian has claimed that a new cache of documents undermines key evidence used to jail a pair of foreign businessmen in Baghdad. Australian engineer Robert Pether and his Egyptian colleague Khalid Radwan have been detained since April 2021. They have been sentenced to five years in prison and jointly fined $12 […]
GKP outlines Payments to Govts for 2022
By John Lee. Gulf Keystone Petroleum (GKP) has just published details of its payments to governments for the year 2022: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ("Gulf Keystone") for the year ended 31 December 2022 as required under Disclosure and […]
Iraqi PM pushes Development of Sadr City
By John Lee. The High Committee for the Development of Sadr City convened this week under the leadership of Prime Minister Mr. Mohammed S. Al-Sudani to discuss the practical steps needed to commence construction of the new city. During the meeting, the committee engaged in extensive discussions about the project's implementation mechanisms, requirements, and how […]
Water levels in Kurdistan's Reservoirs Increase
Water levels in Kurdistan's reservoirs increase following heavy rains Reservoirs across the Kurdistan Region saw a huge increase in water levels following recent heavy rainfall. Dewana Dam in Garmian was completed in 2022 and filled to capacity in 2023, overflowing during the last month. The dam's director told the KRG Department of Media and Information […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th April 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Return RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,076.7 -0.2% 18.3% RSISX USD Index 1,058.6 […]