Iraq's Energy Sector and in a Climate-Constrained World
A Tale of Two Transitions : Iraq's Energy Sector and Macroeconomic Stability in a Climate-Constrained World (English) This paper from the World Bank assesses the costs and benefits of Iraq's own energy transition from fossil fuel dependent power sector to one with a significantly higher share of renewables amid an accelerating global energy transition. The […]
Iraqi PM Opens Medical Device Factory
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani inaugurated the National Health Factory, a facility affiliated with the Medical Clinics Department in the Ministry of Health. It specializes in producing medical supplies such as sterilization materials, dialysis solutions, etc. Mr. Al-Sudani expressed his congratulations at the Factory's inauguration, which addresses the priorities of the […]
Orbital Fluctuations among Iran-Supported Militias in Iraq
By 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. Orbital Fluctuations Among the Iran-Supported Militias in Iraq Astronomical models provide a surprisingly helpful illustration of how Iran-backed armed groups wield power in the MENA […]
The Interconnected Impacts of the Iraq War
By Dr Marion Messmer, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The interconnected impacts of the Iraq war Relying on weak intelligence for invading Iraq has had a negative impact on US and UK credibility with several consequences that persist […]
Central Bank of Iraq Sues Executives of North Bank
By Lara Dihmis, for the Organized Crime and Corruption Reporting Project (OCCRP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Central Bank Sues Executives of Private Bank Investigated by OCCRP The Central Bank of Iraq (CBI) has filed several lawsuits against the chairman […]
Workshop on Financing SMEs in Erbil
By John Lee. The Private Sector Development Department of the Iraqi Ministry of Trade participated in a workshop organized by the Dutch Spark organization in Erbil to support small and medium-sized companies. The workshop aimed to provide guidance and training to link these companies with banks and find sources of financial support for them. The […]
Iraq Confirms February Oil Exports
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for February: Revenues achieved: 7.063 billion dollars Total exported quantities of crude oil: 92,255,610 barrels Exported quantities from central and southern Iraq: 89,140,448 barrels Exported quantities from Kirkuk through Ceyhan port: 2,834,393 barrels Average daily quantities exported: 3.295 million barrels per day, slightly […]
Planning Beyond a Baghdad-Kurdistan Budget Deal
By 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. Planning Beyond a Baghdad-Kurdistan Budget Deal Iraq's bloated 2023 budget has created space for the Kurds to get a share of the wealth this year, […]
FT: "Crippling Dollar Shortage underscores Vulnerability of Iraq's Economy"
Writing in the Financial Times, Raya Jalabi says that attempts to control a monetary crisis have had unintended consequences for a country struggling to get back on its feet Click here to read the full article (subscription required)
Invitation: Understanding Your Role in Iraq's Agribusiness Value Chain
The Iraq Response Innovation Lab invites young agri-preneurs in Iraq who want to learn from industry experts to register for its upcoming Zoom event on the 29th March. Titled "Understanding Your Role in the Agribusiness Value Chain", it will be hosted by youth and feature experts and business leaders from the agribusiness and agrifood value […]
Sell-Off in Oil Shares following Kurdistan Export Ruling
By John Lee. There has been a sharp sell-off in the shares of oil companies with interests in Iraqi Kurdistan on Monday, following the arbitration ruling that has stopped oil exports from the Kurdistan Region of Iraq via pipeline to the Turkish port of Ceyhan: Genel Energy, which has interests in the Tawke, Taq Taq […]
Oil Companies in Kurdistan comment on Court Ruling
By John Lee. Following the arbitration ruling that has stopped oil exports from the Kurdistan Region of Iraq, the oil companies affected have issued statements to the markets on the situation. Genel Energy, which has interests in the Tawke, Taq Taq and Sarta fields, said that public statements made by both the Federal Iraq Ministry […]