Norwegian Firm "Exits Iraq Solar Power Projects"
By John Lee. Norwegian company Scatec has reportedly decided not to proceed with its solar projects in Iraq. The firm, whose main shareholder is Equinor (formerly Statoil), told MEES that it has decided to focus on "carefully selected markets", and not to proceed with the projects in Iraq. In October 2021, Iraq's Ministry of Oil […]
Reconsidering Expenditure Priorities in Iraq: A Targeted Basic Income
By Bassam Yousif and Omar El-Joumayle, for the Economic Research Forum (ERF). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Reconsidering Expenditure Priorities in Iraq: A Targeted Basic Income While Iraq has experienced greater political inclusion over the last two decades, economic inclusion remains […]
Severe Floods in Iraq leave Several Dead
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Severe floods in Iraq leave several dead, adding to climate strains Iraq is contending with both heavy rains and increasing desertification. Click here to read the full article.
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th 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 1,000.3 5.5% 9.9% RSISX USD Index 983.6 […]
Iraq, UNDP sign MoU to boost Fight Against Corruption
Government of Iraq and UNDP sign Memorandum of Understanding to boost the fight against corruption The Government of Iraq, represented by the Prime Minister's Office, and the United Nations Development Programme (UNDP) have reaffirmed their partnership and commitment to preventing and combating corruption in Iraq by signing a Memorandum of Understanding (MoU) designed to promote […]
Iraqi Airways starts new Russian service
By John Lee. Iraqi Airways has started new flights between Baghdad, Moscow (Russia) and Medina (Saudi Arabia). The Ministry of Transport announced the resumption of these routes this week, after a hiatus of more than three decades. The Director General of Iraqi Airways, Eng. Karim Kazem Hussein, added that the fleet will continue to be […]
Social Protection: A Solution for Iraq's Education Crisis
By Dr Rebean Al-Silefanee, Researcher and University lecturer, University of Kurdistan Hewlêr. Twitter: @R_Alsilefanee. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's education system has faced incredible challenges as a result of long-standing socio-economic and political turmoil, ranging from the Iran-Iraq war to the […]
20 Yrs After Saddam: The Future of the US-Iraq Relationship
By David Petraeus, Bilal Wahab, Michael Knights, Anna Borshchevskaya, 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. Twenty Years After Saddam: The Future of the U.S.-Iraq Relationship A Conversation with David Petraeus A former coalition commander […]
German Companies may build Railway in Iraqi Kurdistan
By John Lee. The Chairman of the Kurdistan Investment Board (KIB) has met with the German companies Martin Rose GmbH and HG Gruppe to discuss investment projects in road and railway construction. According to the KIB, both companies have experience in constructing high bridges, roads, and railways in Europe, Africa, and the Middle East, and […]
CBI Boss meets US-based Data Center Investor
By John Lee. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Ismail Al-Alaq, has met with a delegation from Iron Point Iconiq (IPI Partners), one of the largest data center owners in the world. Operating in 26 markets across the United States, Europe, and Asia, the company owns data centers serving the […]
Iraq to Pay Debts to Iran "within 3-5 Months"
Iraq to Pay Debts to Iran within 3-5 Months: Official The Chairman of the Iran-Iraq Joint Chamber of Commerce said the debt Iraq owes to Iran for import of energy will be paid within the next three to five months. "We have found several solutions to receive our debt from the Central Bank of Iraq, […]
Iraq to buy French Executive Jets?
By John Lee. Iraq's Ministry of Transportation is considering the purchase of two Falcon aircraft from the French company Dassault. Based on the directives of the Minister of Transportation, Mr. Rizk Mahayibes Al-Saadi, to follow up on files of utmost importance in the operation of Iraqi Airways, a ministerial committee was formed to follow up […]