Tetra Pak in EUR10m Iraq Deal
By John Lee. Tetra Pak Arabia has reportedly signed a €10-million deal with Alssad Company for Food to expand its facility in Baghdad. According to Khaleej Times, the facility is planned to produce one billion packs per annum for dairy and beverage products. It is expected to be completed in 2024. (Source: Khaleej Times)
In Iraq, Macron seeks Bigger Sphere of Influence for France
By Jonathan Fenton-Harvey for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. In Iraq, Macron seeks bigger sphere of influence for France In less than a month, French President Emmanuel Macron hosted both Iraqi Prime Minister Mohammed al-Sudani and Kurdistan Region […]
Iraq: Environmentalists Face Retaliation
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Environmentalists Face Retaliation Iraq's environmental activists are facing threats, harassment, and arbitrary detention by government officials and armed groups, Human Rights Watch said this week. Click here to read the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd Febuary 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 951.0 1.6% 4.5% RSISX USD Index 809.4 […]
Will Iraq Finally Revive this Mothballed Megaproject?
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq Finally Revive This Mothballed Megaproject? For several years now, Iraq has been able to access all the technology required to turn part of its abundant crude oil and/or […]
Renewables alone won't solve Iraq's Power Problems
By Jessica Obeid for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq needs renewables, but they won't solve its power problems without broader reforms Two decades on from the 2003 U.S. invasion of Iraq, efforts to improve the […]
Air Arabia launches New Flights to Baghdad and Erbil
Low-cost carrier Air Arabia Abu Dhabi has announced the launch of its two new routes from Abu Dhabi to Baghdad and Erbil. The new direct flights will connect Abu Dhabi International Airport to both Baghdad International Airport (BIAP) and Erbil International Airport with a frequency of two flights per week starting from June 22, 2023. […]
Japan wants to aid 'Weak' Iraqi Private Sector
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi economic capital engulfed in trash, suffers from dilapidated electricity Japan is keen to assist Iraq develop its "weak" private sector by cooperating with Iraqi and Kurdish companies, the Japanese ambassador to Iraq, Futoshi […]
Iraq-China Trade to be settled in Yuan
By John Lee. The Central Bank of Iraq (CBI) said on Wednesday that it plans to allow trade from China to be settled directly in yuan, in a renewed attempt to stabilise the value of the Iraqi dinar. In a statement, it said foreign trade financing will be conducted through direct channels in China using […]
Qatar Willing to Increase Investment Opportunities in Iraq
Continuing his meetings in Germany on the sidelines of Munich Security Conference last week, President Nechirvan Barzani met with His Excellency Sheikh Mohammed bin Abdulrahman Al-Thani, the Deputy Prime Minister and Minister of Foreign Affairs of the State of Qatar. The meeting focused on Qatar's relations with Iraq and the Kurdistan Region and their joint […]
Iraqi Finance Minister meets with IFC
By John Lee. On Wednesday, Iraq's Minister of Finance, Taif Sami Muhammad, met with a delegation from the International Finance Corporation (IFC), which is part of the World Bank Group. The delegation was headed by investment officer Mr. Julie Kalos and Mr. Bilal Rabah, the resident representative of the Corporation in Iraq. The meeting discussed […]
KRG announces first e-Visa Portal
Kurdistan Region Prime Minister Masrour Barzani has announced the launch of the KRG's first e-Visa portal, in line with the promise to turn KRG into a digital government powerhouse by the end of 2025. The new paperless portal (visit.gov.krd) allows visitors and investors to apply for visas online, helping to boost tourism and foreign investment […]