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 […]
Iran's Oil Ministry Opens Representative Office in Baghdad
By John Lee. Iran's Ministry of Petroleum has reportedly opened a representative office in Baghdad. A representative of Iran's Ministry of Petroleum was quoted as saying that the office was opened to promote cooperation and synergy, and particularly joint projects between Baghdad and Tehran in the fields of oil, gas, and energy. He added that […]
More than 250,000 people in Najaf get Safe Drinking Water
UNICEF, funded by Germany, ensures access to safe drinking water to more than 250,000 people in Al Najaf Governorate UNICEF and the German Embassy handed over a water project funded by Germany, to the Governorate of Al Najaf. This project will secure safe and clean drinking water benefitting more than 250,000 people in south Al […]
Saving Iraqi Sovereignty: Iran, Turkey and a Fractured Homeland
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. Saving Iraqi Sovereignty: Iran, Turkey and a Fractured Homeland The hostile and corrupt forces arrayed behind him might ease their anti-American activities just to reassert […]
Changing Population Patterns "will Reshape the Middle East"
By Patrick Clawson 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. Changing Population Patterns Will Reshape the Middle East Iraq is expected to explode in population, presumably increasing in geostrategic importance in the process. Click here […]