Genel Energy: Strong Results, but Shares Down
By John Lee. Shares in Genel Energy were trading down around 5 percent on Tuesday morning, despite significant increases in revenue and profit announceed in its unaudited results for the six months ended 30 June 2022. Paul Weir, Interim Chief Executive of Genel, said: "Our cash generation in the first half of the year has […]
Video: Insider Perspective on Women Entrepreneurs in Iraq
From Five One Labs. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. As part of its Speaker Series titled "Insider Perspective on Women Entrepreneurs in Iraq", 51 Labs has hosted a webinar with: Khadija Abdul-Nabi from Ya Khadijah Zahra Shah from Iraqi Innovators […]
Iraq starts rebuilding Mosul airport
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq starts rebuilding Mosul airport Determined to complete the delayed Mosul airport reconstruction project, Prime Minister Mustafa al-Kadhimi is granting the project special exceptions to shield it from […]
Turkey's War in Northern Iraq: By the Numbers
By Michael Knights, 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. Turkey's War in Northern Iraq: By the Numbers Ankara is fighting a lethal and largely hidden counterinsurgency against PKK elements across the border, but the […]
Sadr "urges Iraqis to back 'Revolution'"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sadr urges Iraqis to back 'revolution' as Shiite rivals mobilize supporters For the second time in a week, supporters of Shiite cleric and politician Muqtada Al-Sadr have stormed Iraq's parliament. Sadrists entered the […]
Video: Will Iraq slide into civil strife?
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. For the second time in a week, protesters have taken over Iraq's parliament in a show of support for influential Shia leader Muqtada al Sadr. On Saturday, thousands of people stormed the building […]
Mosul's Recovery moves towards a Circular Economy
Five years since the end of the ISIL(so-called Islamic State in Iraq and the Levant) conflict in 2017, the International Organization for Migration (IOM) in Iraq and the UN Environment Programme (UNEP), with funding from the Government of Japan, has established a debris recycling centre in Mosul. After its initial use, the centre has now […]
Denmark contributes up to $7.5m to Iraqi Security
Denmark contributes up to $7.5m to Iraq's transition to stability, security and recovery Denmark has reconfirmed its commitment to strengthening Security Sector Reform in Iraq by in 2022 providing approximately $US 1.6 million to the United Nations Development Programme (UNDP) in Iraq. In total, Denmark plans to contribute up to $US 7.5 million until 2025. […]
Contract Awarded for Conversion on Iraqi Textbooks to e-Books
By John Lee. A company named as 'Pedagogy' has won a new contract with the United Nations Educational, Scientific and Cultural Organization (UNESCO), for "Conversion of Curricula for Grades 5 and 6 (hard copy textbooks + Videos) into Interactive E-books." The project aims to convert the national curricula (Textbooks: Arabic, Science, Math, Islamic education, and Sociology) […]
Iraq signs MoU with UNDP on Digital Transformation
The United Nations Development Programme (UNDP) is supporting the government of Iraq to strengthen its digital services and build its e-governance capabilities under a new Memorandum of Understanding (MoU) signed today with Iraq's Council of Ministers Secretarial (ComSec). The MoU focuses on harnessing and increasing the use of information and communication technology to modernize government […]
Saudi Arabia allocates Grant for Renovation of Ibn Al Khatib Hospital
By John Lee. Iraq and Saudi Arabia have signed a memorandum of understanding (MoU) regarding the allocation of a grant from the government of Saudi Arabia to finance the renovation of Ibn Al Khatib Hospital in Baghdad. The Saudi embassy initially announced its support for the hospital last year, following a fire that killed at […]
Al Sanam Islamic Bank selects ICSFS banking software
By John Lee. Al Sanam Islamic Bank, a newly-established Islamic bank in Iraq, has selected ICS BANKS Islamic Banking software solution from ICS Financial Systems (ICSFS). The signing ceremony took place at ICSFS' centre of excellence, Amman, Jordan. According to a press release, Al Sanam Islamic Bank will provide comprehensive, Shari'a-compliant financing products and services […]