EU allocates additional EUR4m for Vulnerable Iraqis
Iraq: EU allocates additional €4 million in humanitarian funding to help vulnerable facing food insecurity Political instability, climate change, as well as rising food prices, spurred by the drought and further aggravated with the Russia's unprovoked aggression towards Ukraine, has left many vulnerable Iraqis not able to meet their basic needs. The funding announced today […]
The Paradox of Centralization and State Fracture in Iraq
By Bilal Wahab 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. The Paradox of Centralization and State Fracture in Iraq Decentralizing power would have been the best way of avoiding a return to Saddam-era authoritarianism and […]
Renovation of Neonatal Intensive Care Unit in Erbil
WHO gives fresh momentum to secondary health care services in Kurdistan Iraq The World Health Organization (WHO) in Iraq, in collaboration with the Ministry of Health of the Kurdistan region of Iraq, has just completed the renovation and expansion of a neonatal intensive care unit in the maternity teaching hospital in Erbil. The unit can […]
Yazidis in Iraqi Kurdistan "Face Extinction"
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Yazidis in Iraqi Kurdistan face 'extinction,' community leaders say As Yazidis struggle to survive in displacement camps in Iraq, one community leader continues to help women survivors of the […]
Arab influx to Iraqi Kurdistan helps Revive Economy, but ...
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Arab influx to Iraqi Kurdistan helps revive economy but corrupts local culture, critics say Iraqi Kurds are alarmed by the influx of Arabs into their region, fearing they will […]
US Firm Wins $134m Logistics Contract in Iraq
By John Lee. Texas-based Bell Helicopter, a wholly-owned subsidiary of Textron Inc., has been awarded a $134,592,912 modification (PZ0010) to contract W58RGZ-22-C-0012 for logistics services. Work will be performed in Iraq, with an estimated completion date of Feb. 22, 2027. (Source: US Dept of Defense)
Fitch Affirms Iraq at 'B-'; Outlook Stable
By John Lee. Fitch Ratings has affirmed Iraq's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. More details here. (Source: Fitch Ratings)
iQ Cars Launches Commercial Vehicle Marketplace in Iraq
By John Lee. iQ Cars has launched a new machinery and commercial vehicle marketplace called iQ Fleet. According to a press release from the company, users can browse a wide selection of vehicles including trucks, buses, agricultural machinery and construction equipment from anywhere in Iraq. Amer Salih, CEO of iQ Cars, said: "Our mission is […]
KRG Building Ponds for Water Management
Building ponds: a strategic project, proper administration and quick implementation The Kurdistan Regional Government's (KRG) Ninth Cabinet has focused greatly on agriculture, the industrial sector, water, and has implemented dozens of projects in these fields over the past three years. The Ninth Cabinet has built ponds and dams. Ponds are important to conserve water and […]
CBI takes action to Stabilise Iraqi Dinar Exchange Rate
The Central Bank of Iraq (CBI) has announced a package of measures to help stabilise the dinar/dollar exchange rate. A translation of the statement from the CBI list the following: Allowing the banks participating in the foreign currency buying and selling window to buy any amounts in foreign currency and deposit them with this bank […]
Will Iraq Finally Start to use its Natural Gas Reserves?
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 Start To Use Its Natural Gas Reserves? It has long been a point of extreme contention with the U.S. that Iraq continues to rely on neighbouring - […]
Partners voice Support for Iraq at Conference in Jordan
Joint communiqué/Baghdad Conference for Cooperation and Partnership 2022 In light of the decision taken at the conference held in Baghdad on 28 August 2021, and at the invitation of His Majesty King Abdullah II, in coordination with His Excellency President Emmanuel Macron of the French Republic and His Excellency Prime Minister Mohammed Shia al-Sudani of […]