Training Program for Iraqi Judges at Nuremberg Academy
Introducing International Expertise towards Prosecuting ISIL's International Crimes: Intensive Training Program for Iraqi Judges at the Nuremberg Academy The International Nuremberg Principles Academy (Nuremberg Academy), in partnership with the United Nations Investigative Team to Promote Accountability for Crimes Committed by Da'esh/ISIL (UNITAD), organised an advanced training course on international humanitarian law (IHL) and international criminal […]
Attacks on Foreign Interests to resume under New Iraqi Govt?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will attacks on foreign interests resume under Iraq's new government? The Iraqi parliament on Oct. 27 approved the cabinet of Muhammad Shia' Al-Sudani, breaking a political deadlock that had plagued Iraq since the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st December 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD905 (-1.0%) / $783 (-1.5%) (weekly change) (-1.5% and -2.8% YTD change, respectively). The weekly trading volume was […]
General Dynamics wins new Iraq Defense Contract
By John Lee. General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded a $16,488,103 modification (P00004) to contract W56HZV-21-C-0072 for contractor logistics support for M1A1SA Abrams tanks and M88A1/A2 recovery vehicles. Work will be performed in Camp Taji, Iraq, with an estimated completion date of Dec. 31, 2023. (Source: US Dept of Defense)
Will Iraqi PM open Pandora's Box in Massive Corruption Case?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq' PM open Pandora's box in pursuit of massive corruption case? Iraq's prime minister has announced the recovery of some of the state funds embezzled in the multi-billion dollar corruption case which rocked the […]
Moving Medicine in Iraq: Networks Fuelling Everyday Conflict
By Dr Renad Mansour for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Moving medicine in Iraq: Networks fuelling everyday conflict A system involving doctors, pharmacists, political parties, armed groups, and businesspeople fuels corruption and conflict in a medicine supply chain which […]
Iran "signs $4bn Services Deal with Iraq"
By John Lee. Iran and Iraq have reportedly concluded a $4-billion contract under which Iran will supply technical and engineering services to Iraq. The report from Iran's state-run PressTV gave no details of the deal, but quoted Hamid Hosseini, Director of the Iranian Oil, Gas and Petrochemical Products Exporters' Association (OPEX), as saying: "In the […]
Iraq Oil Revenue of $8.2bn in November
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for November of 99,867,946 barrels, giving an average for the month of 3.329 million barrels per day (bpd), up from the 3.282 million bpd exported in October. The exports from the oilfields in central and southern Iraq amounted to approximately 97,204,696 barrels, while […]
Iraq Trade Forum connecting Small Businesses
First Iraq National Trade Forum connects small businesses to growth opportunities As the country works to recover from an economic crisis, Iraq's agriculture and agri-food sectors have the potential to contribute to much-needed economic growth and diversification, job creation and enhanced sustainability and resilience - under the right conditions. This was the message from public […]
Iraq's Gas Debts to Iran Cleared: Minister
Iraq's outstanding debts for the purchase of natural gas from Iran have been paid off, Iranian Oil Minister Javad Owji (pictured) said. Speaking to reporters on the sidelines of a weekly cabinet meeting on Wednesday, Owji said Iraq's outstanding debts for the purchase of gas from Iran during the previous and current Iranian year have […]
$125m in Stolen Tax Runds Recovered
By John Lee. Iraqi Prime Minister Mohammed Shia al-Sudani has announced that 183 billion Iraqi dinars (approx. $125 million) of the $2.5 billion stolen from the bank account of the tax authorities has been recovered. He said that businessman Noor Zuhair Jassim had admitted receiving about $1 billion of the funds, and that arrangement were […]
New KRG Law of Electronic Signatures and Transactions
Prime Minister Masrour Barzani's statement on the passage of the Law of Electronic Signatures and Transactions: I strongly welcome the Kurdistan Parliament's passage of the amended 'Electronic Signatures and Transactions' federal bill today. The passage of this important piece of legislation - a collaborative effort across the whole of government with support of global best […]