Reforming the Public Distribution System In Iraq
WFP Iraq partners with the Ministry of Trade to Reform the Public Distribution System In Iraq The United Nations World Food Programme (WFP) signed a Letter of Cooperation (LoC) with the Government of Iraq's Ministry of Trade (MoT) to formalize their collaboration to reform the Public Distribution System (PDS) in Iraq. By signing the LoC, […]
Water, Oil and Iraq's Climate Future
By Zeinab Shuker for the Middle East Research and Information Project (MERIP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Water, Oil and Iraq's Climate Future Iraq's ecological devastation was set in motion years before the 2003 invasion. Click here to download the full […]
Life in Kurdistan: A Tale of Two Wars?
By Jay Loschky for Gallup. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Life in Kurdistan: A Tale of Two Wars? For the roughly 5 million people living in Iraqi Kurdistan, the 2003 U.S.-led invasion played out considerably differently than it did in Iraq's […]
Update on Shaikan Oil Production
Gulf Keystone Petroleum (GKP) is providing an update on its announcement dated 27 March 2023 regarding the shut-in of the Iraq-Turkey pipeline on 25 March 2023 and suspension of exports. GKP announces that it expects to shut-in production processed at Production Facility 1 ("PF-1") today [Friday], while production flowing into Production Facility 2 ("PF-2") will […]
Production Starts at Akkas Gas Field
By John Lee. Gas operations have begun at the Akkas gas field in Anbar governorate. A statement from the Ministry of Oil said production of 60 million standard cubic feet per day (MMSCFD) is being used to produce 90-95 megawatts of electricity. The State Company for Oil Projects (SCOP) built a 30-kilometer pipeline (pictured) to […]
Al-Sudani meets with IMF Resident Representative
Prime Minister Mr. Mohammed S. Al-Sudani, met on Thursday with the International Monetary Fund (IMF) Resident Representative, Mr. Gazi Shbaikat. During the meeting, they discussed Iraq's relationship with the IMF and the cooperation in supporting financial policies and plans to achieve stability in the Iraqi economy. They highlighted the importance of the financial and administrative […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th March 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 957.6 -0.7% 5.2% RSISX USD Index 941.6 […]
'Hollow victory' for Iraq in Oil Arbitration Case
By Ragip Soylu for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. 'Hollow victory': Iraq is not really a winner in the Turkey oil arbitration case Ankara is likely to pay only a few hundred million dollars to Iraq, which […]
Iraq-Morocco Rapprochement could release Frozen Assets
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Morocco rapprochement could release frozen assets, address IS members In a sign of warming ties, Moroccan Foreign Minister Nasser Bourita traveled to Baghdad early this year to reopen his country's embassy. Amid the […]
Deep Dive: Iraq, Turkey to Boost Economic Ties
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Iraq, Turkey to boost economic ties, freeze political differences Iraqi Prime Minister Muhammad Shia' Al-Sudani has paid his first official visit to Turkey since taking office last October, holding important talks with […]
The Timid but Ambitious Iraqi Start-Up Scene
By Timothy Motte, for The Realistic Optimist. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The timid but ambitious Iraqi startup scene Battered by decades of conflict and pervasive reliance on oil, Iraqi founders are trying to break the status quo. Click here to […]
Genel Energy outlines Payments to Govts for 2022
By John Lee. Genel Energy has just published details of its payments to governments for the year 2022: Introduction and basis for preparation This report sets out details of the payments made to governments by Genel Energy plc and its subsidiary undertakings ('Genel') for the year ended 31 December 2022 as required under the Disclosure […]