Fighting Corruption in Iraq "Harder than Fighting ISIS"
By Ashish Kumar Sen for the United States Institute of Peace (USIP). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Fighting Corruption Harder than Fighting ISIS, Says Iraq's Deputy Prime Minister Fuad Hussein lays out Iraqi government's priorities, says Iraq's interests dictate its […]
Contract Awarded for Health Center in Ramadi
By John Lee. Al Shamsh Co. For Trading & General Contracting has won a new contract with the United Nations Secretariat for the extension of Al-Aadil Health Center in Ramadi district, Anbar Governorate. The contract is valued at $129,912. (Source: UNGM)
StarzPlay Enters Iraqi Market
By John Lee. Subscription video on demand service StarzPlay has reportedly announced its partnership with Iraq's Almanasa to provide STARZPLAY's diverse breadth of entertainment and sports offering for subscribers in the market. As part of the three year agreement, STARZPLAY will provide its core product catalogue of movies and TV shows for Almanasa subscribers in […]
Combatting Sand Storms in Southern Iraq and Kuwait
Combatting Transboundary Sand and Dust Storms in Southern Iraq and Kuwait UN-Habitat with partners has embarked on a new project on improving cities' resilience against the impact of sand and dust storms. The project kick-off was celebrated in form of a workshop with over 50 participants, co-hosted by the Governorate of Basra and the Kuwait […]
New Report on Digital Trends in Iraq
By John Lee. Datareportal has issued a report on digital trends and behaviours in Iraq. Among the key finding are: There were 33.72 million internet users in Iraq at the start of 2023, when internet penetration stood at 74.9 percent. Iraq was home to 25.53 million social media users in January 2023, equating to 56.7 […]
IDC starts Drilling New Oil Wells
By John Lee. The Iraqi Drilling Company (IDC) has begun drilling the FQCS-88 oil well at the Fakka oil field in eastern Maysan [Missan] province. The 2,000-horsepower IDC 55 rig is operating as part of a project to drill 22 oil wells for the China National Offshore Oil Corporation (CNOOC). It will drill to a […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th February 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 936.4 1.2% 2.9% RSISX USD Index 791.8 […]
Korean firm discusses building Industrial City in Habbaniyah
By John Lee. The Industrial Cities Authority, affiliated to the Ministry of Industry and Minerals, held a meeting with the South Korean company TRAC Development Group to discuss establishment of an industrial city in Habbaniyah. Both sides sought to enhance communication and exchange of experiences with countries that are capable of managing industrial cities. The […]
S&P Maintains Iraq's Credit Rating
By John Lee. Iraq maintains its credit rating at -B/B with a stable outlook, and an emphasis on financial and economic stability, according to a report from Standard & Poor's. The Ministry of Finance says the new classification was a reflection of the policy of continuous economic and financial reforms pursued by the Ministry, in […]
Extension of Social Security to Iraq's Farm Workers
Multi-stakeholder meeting focuses on the extension of social security to Iraq's farm workers Farm owners, representatives of the farmers' association union, government officials, local Civil Society Organizations, academics and others joined a debate on the extension of social security in Iraq's agricultural sector, organised by the ILO with the support of the European Union. With […]
KRG meets with Iraqi Commission of Border Crossing Points
KRG delegation meets with Iraqi Commission of Border Crossing Points A Kurdistan Region Government (KRG) delegation on Monday discussed ways of reorganizing tariffs with authorities from the Iraqi Commission of Border Crossing Points. The KRG delegation consisted of spokesman Dr. Jutiar Adel, advisor at the ministry of interior Dr. Sami Jalal, and deputy general manager […]
Iraq's Fifth Round Oil Contracts to be Signed Next Week
By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani, has announced that the final signing of contracts for the fifth round of energy licences will take place next week. These contracts relate to the development and production of six fields and exploratory blocks in border areas, which were granted to the following companies: Development blocks: […]