Private Sector is Key for Jordan-Iraq Economic Cooperation
By John Lee. The President of the Jordanian Businessmen Association, Hamdi Tabbaa (pictured), has said that partnerships between Jordan and Iraq's business communities are crucial for a successful economic relationship between the two nations. He called for an action plan to outline both sides' priorities and track agreement outcomes. On February 8th, a joint committee […]
NIC considers Investment Offers from Hazar Group / YDA
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Muhammad Makiya, has met with Sheikh Hazar Al-Zibari, Chairman of Hazar Group, which is the Iraqi partner of the Turkish YDA Holdings . During their meeting, Sheikh Al-Zibari discussed various projects that the group intends to implement in Iraq, including residential city […]
Orascom discusses Investment in Iraq
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Muhammad Makiya, has met with the Chairman of Egypt's Orascom Investment Holding company, Naguib Sawiris. According to a statement from the NIC, they discussed a number of opportunities and sectors the company is willing to invest in, such as taking part in […]
Announcing the Fulbright Foreign Student Program for 2024-2025
Fulbrighters live and learn together with people of different cultures and become part of a global network that fosters mutual understanding between nations, advances knowledge across communities, and improves lives around the world. After they return home, they join thousands of alumni serving as leaders across the globe and in every field imaginable. The Fulbright […]
Will visit to Iran reconcile Iraq's divided 'Shiite House'?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Will visit to Iran reconcile Iraq's divided 'Shiite House'? When the Sadrist Movement in early January called for a mass "unified Friday prayer," there was some consternation among observers. As the […]
Training on Conservation Agriculture and Land Management
FAO training on Conservation Agriculture and Land Management Practices The Food and Agriculture Organization of the United Nations (FAO), in coordination with the Ministry of Environment (MoE), Ministry of Agriculture (MoA) and Ministry of Water Resources (MoWR), launched on 30 January 2023 the training on Conservation Agriculture and Land Management Practices through Farmer Field Schools […]
Biden-Abdullah-Sudani call Reiterated Support for Iraq
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Trilateral Biden-Abdullah-Sudani call reiterated support for Iraq The Iraqi prime minister also discussed Iraq's economic situation with the president as the dinar continues to slide against the dollar. Jordan's […]
Official Directive to Adopt Iraqi Dinar Rate
By John Lee. Iraq's National Investment Commission (NIC) has issued a directive to all companies building residential complexes in Iraq to follow the official dollar exchange rate set by the Central Bank of Iraq (CBI), specifically 1,470 dinars per dollar. Mrs. Hanan Jassim, the official spokesperson, states that this directive is in accordance with Cabinet […]
Iraq falls to Another New Low in Democracy Index
By John Lee. Iraq has fallen to another new low in the Economist Intelligence Unit's annual Democracy Index. Falling eight places to 124th out of 167 countries, Iraq is classified as "authoritarian", and scores lower than countries such as Jordan, Lebanon and Cambodia. The score is Iraq's lowest since the Index was created in 2006, […]
Can Iraq's New PM achieve a Balanced Foreign Policy?
By Dr Aniseh Bassiri Tabrizi, for the Royal United Services Institute (RUSI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Iraq's New Prime Minister Achieve a Balanced Foreign Policy? The new Iraqi prime minister, Mohammad Shia al-Sudani, has been signalling his intention […]
Assessing IDPs in need of Social Protection with UN Support
Ministry of Labour and Social Affairs to begin assessing Iraqi internally displaced persons and returnees in need of social protection assistance with UN support The Ministry of Labour and Social Affairs announced on Wednesday (February 1), it will begin a far-reaching verification process to assess the eligibility of internally displaced persons (IDPs) and IDP returnees […]
Iraqi Delegation to visit US to discuss Dinar Slump
By John Lee. The Iraqi dinar has reportedly fallen to new lows on Thursday, as people take to the streets to protest at the fall in the value of the Iraqi currency, which is leading to higher costs for imported goods. Various reports say that one US dollar could buy as many as 1,750 dinars […]