The Deadly Greed of Iraq's Elite
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. The deadly greed of Iraq's elite Political unrest since last year's election has claimed dozens of lives - but high-level corruption has quietly killed many more Iraqis. Click here […]
Housing Project for low-income Christian families in Ankawa
By John Lee. The Kurdistan Regional Government (KRG) has reportedly announced a housing project for the low-income Christian families in Ankawa, in northwest Erbil. According to Basnews, the announcement was made by Mohammed Shukri, the Chairman of the Kurdistan Board of Investment. The houses can be paid for over a 15-year period. (Source: Basnews)
Ferry Service planned between Pakistan and Iraq
By John Lee. Pakistan and Iraq have reportedly agreed to start a ferry service between Basra and Karachi to facilitate Pakistani pilgrims visiting Iraq. According to The Nation, the agreement was reached during a meeting between Interior Minister Rana Sanaullah and Iraqi Ambassador Hamid Abbas Lafta. Minister Sanaullah thanked the Iraqi government for issuing visas […]
$18m New Projects started in Zakho
KRG Prime Minister Masrour Barzani has laid the foundation stones on Tuesday for several projects budgeted at over 26 billion Dinars [$18 million] in the Zakho Autonomous Administration. The projects include the construction of several highways and schools, as well as the renovation of Zakho's old bazaar. Prime Minister Barzani stressed the importance of the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th August 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD964 (+2.5%) / $845 (+2.9%) (weekly change) (+5.0% and +5.0% YTD change, respectively). The weekly trading volume was […]
Iraqi Kurdistan to launch "Special Economic Zones"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan to launch SEZs for imports substitution Minister Muhammad Shukri discusses the Kurdistan Regional Government's (KRG) plans to set up 16 zones for life beyond oil. The full article can be viewed […]
MP raises Security Concerns at Baghdad Int'l Airport
[Amended 29th Sept 2022 at 15:50 BST to include comment from G4S] Security arrangements at Baghdad International Airport (BIAP) have been called into question, as a new firm takes over the contract to secure the airport. A source close to the matter told Iraq Business News that G4S, which has been managing security at the […]
Night Bird Construction: A fresh new approach to the Iraqi construction industry
Advertising Feature Night Bird Construction (NBC) is a fast paced and highly organized Iraqi construction company created through the excellence of its team. NBC's Senior Construction Managers, Engineers and team of highly skilled industry professionals have achieved great success in construction projects across the globe; especially in IRAQ! Some Examples of Prime Construction Projects Completed […]
Germany gives additional €1.7m to Investigate ISIL Economic Crimes
Germany Supports UNITAD with Additional €1,700,000 for Investigating ISIL Financial Structure and Economic Crimes Germany has once more renewed its generous support and contributions to the work of the United Nations Investigative Team to Promote Accountability for Crimes Committed by Da'esh/ISIL (UNITAD), with a new funding cycle of €1,700,000. Through this support, UNITAD will be […]
Clashes rock Green Zone as Parliament re-elects Speaker
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Clashes rock Baghdad's Green Zone as Iraqi parliament re-elects speaker Iraqi parliament re-elected Mohammed al-Halbusi as parliament speaker amid protests and rockets in the Green Zone. Click here to read the […]
Karbala Refinery begins Trial Ops
By John Lee. The Minister of Oil has announced the commencement of crude oil supplies to Karbala refinery for the start of its trial operation. Ihsan Abdul-Jabbar Ismail said that the refinery has a capacity of 140,000 barrels per day (bpd) and will help partially in meeting local needs and reducing imports of refined fuel. […]
Alstom in Baghdad to discuss "Monorail"
By John Lee. Representatives of the French company Alstom have met with the Secretary-General of the Council of Ministers, Dr. Hamid Naim Al-Ghazi, to discuss the progress of the Baghdad Elevated Train (BET) monorail project. Dr. Al-Ghazi said the cabinet is studying the issue of financing the project, in coordination with the Ministries of Finance […]