Iraq's Growth highest of 'Developing Oil Exporters' - World Bank
By John Lee. The World Bank has said it predicts real GDP growth for Iraq of 2.8 percent this year and 4.4 percent in 2024, following an estimated growth of 7.9 percent in 2022. Iraq's growth is expected to lead the group of 'developing oil exporters' this year, partly sustained by growth in non-oil GDP […]
Italian Firm meets Minister to discuss Transport Project
By John Lee. The Minister of Transport in Iraq, Razak Muhibis Al-Saadawi [Razzaq Muhibis Al-Saadawi] has held a meeting with Italian consulting company Progetti Europa & Global S.p.A. (PEG), along with representatives from Turkiye, to discuss the "Development Road project", also known as the "dry canal project". The project will link Iraq's Grand Faw port, […]
Iran, Iraq to Issue Low-Cost Visas for Arbaeen Pilgrimage
Iran, Iraq Reach Agreement to Issue Low-Cost Visas for Arbaeen Pilgrimage The Iraqi government has reached an agreement with Iranian officials to facilitate the annual Arbaeen pilgrimage, according to Seyyed Majid Mirahmadi, the head of Iran's Central Headquarters of Arbaeen. The agreement includes the issuance of low-cost special visas for Iranian pilgrims to alleviate the […]
Family of Businessman Arbitrarily Detained in Iraq express Concerns
By Jessica Bahr for SBS News. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Robert was jailed in Iraq two years ago. His Australian family say they're at 'breaking point' Friday marked two years since Australian engineer Robert Pether was arbitrarily detained in Iraq, […]
US Welcomes Developments in Iraq's Energy Sector
Statement from US National Security Advisor Jake Sullivan Welcoming Developments in Iraq's Energy Sector We welcome significant progress in Iraq this week with respect to energy deals that further strengthen Iraq's sovereignty, independence, and economic prosperity. First, the Government of Iraq and the Kurdistan Regional Government reached a historic agreement on the export of oil […]
Japan supports Iraq-led efforts for Syrian Refugees
As announced today [Monday], UNICEF has received almost $7 million from Japan to promote equitable access to life-saving child protection, health, nutrition, and education services for returnees from northeast Syria. The project will be finalized by the end of 2023 and will benefit more than 180,000 people, including 88,000 children and more than 47,000 women. […]
The Muhandis Company: Iraq's Khatam al-Anbia
By Michael Knights, Hamdi Malik and Crispin Smith, 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. The Muhandis Company: Iraq's Khatam al-Anbia Similar to Iran's Revolutionary Guards, Iraqi "resistance" groups have long sought a company with […]
China to build Power Station in Mansouriya
By John Lee. Iraq's General Company for Electric Power Production has signed a contract with the Chinese company Shanghai Electric for the construction of a combined-cycle power plant for the Mansouriya gas power station. According to the Ministry of Electricity, the deal is part of the Sino-Iraqi framework agreement and will be implemented on a […]
The Mechanisms of Corruption in Iraq
By Sajad Jiyad, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Mechanisms of Corruption in Iraq While it is well known that Iraq is entrenched in corruption and that the political elite are […]
Turkey shuts Airspace to Sulaimaniyah Flights
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey shuts its airspace to Sulaimaniyah flights citing Kurdish militants The move is likely retaliation against ties between Kurdish militants and the Iraqi Kurdish Patriotic Union Party (PUK). Click […]
Iraq "Determined to Construct Shalamcheh-Basra Railway"
Iraqi Transport Minister Razzaq Muhibis Al-Saadawi said his country is seriously determined to complete the construction operation of the Shalamcheh-Basra Railway, which had been stalled for years.# Speaking in his meeting with Iranian Minister of Roads and Urban Development Mehrdad Bazrpash in Tehran on Thursday, Al-Saadawi stated that the Iraqi government tries to consider the […]
Iraq's Story Isn't Over
By Akeel Abbas, an Iraqi academic and journalist, and Shayan Talabany, an analyst at the Tony Blair Institute for Global Change, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Story Isn't Over The ideal vision for Iraq post-2003 did […]