Italy Increases Contribution to Stabilization in Iraq
Italy renews its commitment to stabilization with a new EUR 2 million contribution The Ministry of Foreign Affairs and International Cooperation of Italy, through the Italian Agency for Development Cooperation (AICS), has renewed its commitment to stabilizing Iraq with an additional EUR 2 million (approximately US$1.9 million) contribution. The generous contribution will be channeled through […]
IBBC and GEMS host Iraq Education Conference in Dubai
IBBC and GEMS host Iraq education conference in Dubai and resolve to focus on important outcomes On the eve of Iraq Britain Business Council (IBBC)'s Dubai Iraq conference, GEMS and IBBC together hosted and convened an important education conference bringing together key Government of Iraq and KRG ministerial representatives, UK universities, IBBC members and Skills […]
Renovation of Reconstructive Surgery Hospital in Sulaymaniyah
Burn and Reconstructive Surgery Hospital in Sulaymaniyah completes the second phase of its renovation and expansion project The World Health Organization (WHO), in coordination with the Sulaymaniyah Directorate of Health, inaugurated the Burn and Reconstructive Surgery Hospital in the city of Sulaymaniyah in the Kurdistan Region of Iraq after the completion of the second phase […]
New Iraqi Govt to Reconsider Dinar Exchange Rate?
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Will Iraq's new government reconsider dinar exchange rate? A number of leaders of the Coordination Framework, the bloc leading the new Iraqi government, are pushing to increase the value […]
KRG hopes Digitalization will bring Investment
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. Kurdistan government in Iraq hopes digitalization will bring investment The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital […]
Customs and Tax Automation Project completes Implementation Stages
By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, has held a meeting on the follow-up to the implementation of the automation project for customs and tax. The Minister said: "The completion of the automation project will contribute to the development of customs departments and improve their performance, by adopting a single window, modernizing […]
Iraq "Stands up for the Environment" at COP 27
Iraq stands up for the environment at COP 27, UN climate change conference More than 200 Iraqis representing government, youth and civil society are participating in COP27, the 27th annual United Nations Conference on Climate Change, organized by the United Nations in Sharm El-Sheikh, Egypt. Climate change is a reality in Iraq, and a priority for […]
New Iraqi PM focuses on Corruption, Economic Reforms
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. New Iraqi PM focuses on corruption, economic reforms as allies push for positions Outlining his policy program, new Iraqi Prime Minister Mohammad Shia' Al-Sudani says his government will prioritize "fighting corruption" and "economic […]
Korea Increases Contribution to Stabilization in Iraq
Korea reaffirms its commitment to stabilization in Iraq with a new contribution The Republic of Korea has made a new contribution of US$450,000 to the United Nations Development Programme (UNDP) Iraq's Funding Facility for Stabilization (FFS), which supports stabilization, durable solutions, and the safe return of internally displaced Iraqis in the five governorates liberated from […]
Tabaqchali: Banks and the Predictability of Earnings
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Banks and the Predictability of Earnings The market, as measured by the Rabee Securities RSISX USD Index, which over the last two months discounted and looked through […]
Baghdad-based Orderii Receives Pre-Seed Funding
Orderii, a cross-border e-commerce platform closed a 6-figure pre-seed round in October 2022. The platform provides logistics services for sought-after goods only available on foreign sites. Founder and CEO of Orderii, Shakir Ayad Al Jammas (pictured below), commented: "We have been serving the Iraqi customer for several years now, enabling them to purchase products from […]
Investment in Kurdistan's Agriculture Sector Surges
Inward investment in the Kurdistan Region's agriculture rose from 1.5% to over 10% under the Kurdistan Regional Government's (KRG) Ninth Cabinet, which has been working to diversify the Kurdistan Region's economy sector by mainly focusing on developing the sector. The KRG has been working on building strong industrial and agricultural infrastructure in the Region to […]