KRG Oil Exports Suspended following Arbitration Ruling
By John Lee. Oil exports from Iraqi Kurdistan were suspended on Saturday after a ruling that Turkiye can not allow exports from the autonomous region by pipeline to the port of Ceyhan (pictured). The Paris-based International Court of Arbitration, which operates under the auspices of the International Chamber of Commerce (ICC), found that Turkiye was […]
Iraq Renews Oil Export Contract with Egypt
By John Lee. Iraq's cabinet has approved the recommendation of the Energy Ministerial Council regarding the renewal of the contract to supply the Egyptian General Petroleum Corporation (EGPC) with oil. The contract will involve the supply of four million barrels of Basra medium crude oil, with two million barrels for June and another two million […]
Shell appoints GB Auto as Iraqi Distributor
By John Lee. Shell Markets Middle East Limited has signed an agreement with GB Auto Iraq to be the official distributor of its automotive lubricants in Central and Southern Iraq. As part of the agreement, Shell will supply GB Auto with a diverse portfolio of automotive lubricants, including Shell Helix, Shell Rimula, Shell Spirax, and […]
A New Opportunity for the Basra-Aqaba Pipeline?
From Arab Gulf States Institute in Washington (AGSIW). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A New Opportunity for the Basra-Aqaba Pipeline? While the Basra-Aqaba pipeline project promises economic, energy, and security benefits for Iraq and Jordan, high costs and political and security […]
New Iraqi Agribusiness Development and Investment Plan
First SAAVI local agribusiness development and investment plan endorsed Iraq's agriculture sector is set for a transformational boost, as Al Zubair farmer alliance's first local agribusiness development and investment plan is now endorsed by local authorities, private sector, and international partners. The plan was prepared by stakeholders themselves, giving them an opportunity to prioritize their […]
Will Iraqi Lawmakers approve Record Govt Spending?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraqi lawmakers approve record government spending, deficit? After extensive discussions, Iraq's Council of Ministers has submitted a draft budget law for 2023 to the parliament. The move is the first major legislative […]
Iraq Improved Rank in World Happiness Index
By John Lee. Iraq has improved its rank in the latest World Happiness Report to 98th out of 137 countries, compared to 107th out of 146 countries last time. The report, produced by the Sustainable Development Solutions Network (SDSN), uses global survey data to report on how people evaluate their own lives around the world. […]
Al-Sudani receives Saudi Minister of Commerce
Prime Minister Mr. Mohammed S. Al-Sudani, received the Saudi Minister of Commerce, Mr. Majid bin Abdullah Al-Qasabi, and his accompanying delegation. The meeting focused on discussing prospects for cooperation between the two countries and ways to develop bilateral relations to serve the interests of the two brotherly peoples. During the meeting, the Prime Minister reaffirmed […]
A Short-Lived Run for Iraq's Independent MPs?
By Ashleigh Whelan and Mohanad Adnan 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. Electoral Law: Signaling a Short-Lived Run for Iraq's Independent MPs? A change to the Sainte-Laguë representation system will significantly hinder the ability […]
New ILO Paper on Education Attainment Gap in Iraq
A new ILO working paper examines loss of earnings due to Iraq's education gap and outlines the potential of social protection to address this gap, based on international good practices. A new working paper, developed by the ILO, looks at how the low rate of secondary school completion in Iraq leads to loss of earnings […]
Mainstreaming Hashd Commanders (Part 1): Advanced Education
By Michael Knights and Amir al-Kaabi 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. Mainstreaming Hashd Commanders (Part 1): Advanced Education for Senior Militiamen U.S.-designated terrorists and human rights abusers are beginning to receive senior ranks, […]
Mainstreaming Hashd Commanders (Part 2): Officer Training
By Amir al-Kaabi and 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. Mainstreaming Hashd Commanders (Part 2): Fifty-Fold Increase in Officer Training This year has seen a massive increase in the training of Iraqi […]