Plan to Improve Water Quality in the Iraqi Marshes
By John Lee. The Center for the Revitalization of the Iraqi Marshes and Wetlands, which is part of the Ministry of Water Resources, has made a plan to reduce the effects water scarcity on the Iraqi Marshes. The Director-General of the Marsh Revitalization Center, Engineer Hussein Ali Al-Kinani, said the Marshes were affected by the […]
World Bank ready to provide More Support to Iraq
By John Lee. Iraq's Minister of Planning, Dr. Khaled Battal Al-Najm, received the new Special Representative of the World Bank in Iraq, Mr. Richard Abdelnour and his accompanying delegation, on Sunday. During the meeting, they discussed aspects of joint cooperation between the two sides in various economic and development issues, especially with regard to the […]
Iran Ready to Open Joint Scientific Center with Iraq
The University of Tehran expressed readiness to set up a joint scientific center with Iraq under the auspices of the University of Basrah at a border region. During a visit to Iraq, President of the University of Tehran, Mohammad Moqimi, met with President of the University of Basrah, Saad Shaheen Hammadi, and signed a memorandum […]
Inaugural Flight from Hyderabad to Baghdad
By John Lee. GMR Hyderabad International Airport Ltd. (GHIAL) inaugurated the maiden direct flight service from Hyderabad to Baghdad on Sunday. According to a press release, Fly Baghdad's maiden flight IF 462 took off at 15.17 hours from Hyderabad International Airport. The flight will operate between Hyderabad and Baghdad twice a week, on Sundays and […]
Central Bank of Iraq statement on Financial Stability
By John Lee. The Central Bank of Iraq (CBI) has issued a statement on its annual private financial stability report for 2021, which included a set of financial and monetary indicators that reflect the performance of the Iraqi financial and banking sector, and diagnose challenges and opportunities for this important sector in the economy. The […]
KRG launches new Tendering Process for Medicines
By John Lee. The Kurdistan Regional Government (KRG) has announced a new tendering process for medicines. According to a statement from the KRG, the new system will stabilise the price of 230 different medications. KRG Prime Minister Masrour Barzani commented: "Through transparent contracts, we will provide our citizens with better quality medicine at a lower […]
IBBC appoints General Manager
The Iraq Britain Business Council (IBBC) has announced the appointment of Mr Monjed Salha to the role of General Manager. In this role he will lead the operations of IBBC and take responsibility for IBBC Membership development and Membership Value. IBBC is under going strategic development, to remain continuously relevant to its members and to […]
New Swedish Ambassador to Iraq
Iraq's Minister of Foreign Affairs, Mr Fuad Hussein, has received a copy of the credentials of Ms Jessica Svärdström, Sweden's new ambassador to Iraq. During the meeting, they discussed the bilateral relations between Baghdad and Stockholm, and ways to enhance them to realise the interests of the two friendly peoples. The Minister wished the ambassador […]
FAO reviving Date Palm Value Chain Development
Through EU-funded project in the south, FAO Iraq is reviving the date palm value chain development The Food and Agriculture Organization of the United Nations (FAO) in Iraq held a follow-up technical meeting at the Ministry of Agriculture (MoA) on the development of the date palm value chain in Iraq in Basrah, Missan and Thi-Qar […]
Drugs, Militias form Explosive Mix on Iraq-Iran Border
By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Drugs, militias form explosive mix on Iraq-Iran border Officers and judges who dare to go up against those controlling the drug trade along Iraq's southeastern border with Iran continue […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th September 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD934 (+0.01%) / $816 (+0.01%) (weekly change) (+1.7% and +1.4% YTD change, respectively). The number of week traded […]
Economic Costs of Iraq's Intra-Shia Power Struggle
By Hannan Hussain, for the Carnegie Endowment for International Peace. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Economic Costs of Iraq's Intra-Shia Power Struggle The economic consequences of political deadlock serve neither the interests of rival political blocs nor the Iraqi public. […]