IBBC Introduces New Members
The Iraq Britain Business Council (IBBC) has held an on online webinar to introduce new members to the membership and wider Iraqi audiences. Participant companies and speakers included: Ms Batoul Husseini, Director of digital government & CSR, SAP; Mr Ahmed Al Hinkawi, Managing partner at Al Etihad Law firm; Mr Sean O'Rourke, Global Partnerships manager […]
Iraqi Kids to get Hope Bus 3!
A message from the Iraqi Children Foundation (ICF): Dear Friends, We did it! Our dream of a third "HOPE BUS" for Iraqi orphans and street kids has finally come true! A bus has been donated and donors like you have provided funds to transform it into a colorful, child-friendly place of learning and belonging. This means a 50% increase in […]
Mega Projects do Little to calm Iraq's Housing Crisis
By Haider Ibrahim for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Mega projects do little to calm Iraq's housing crisis Despite several mega housing projects launched in Iraq, most notably the Al-Rafeel City project and Bismayah New City in Baghdad, […]
Fly Baghdad appoints Cargo Agent in Mumbai
By John Lee. India's Rainbow Aviation has reportedly announced that it will represent Fly Baghdad as their cargo General Sales Agent (GSA) in India. The intention, according to STAT Trade Times, is to carry pharmaceuticals, readymade garments, raw materials, consumer durables and electronic parts to Baghdad. It says Fly Baghdad started flying to India on […]
Barzani Goes to Baghdad: Trouble in Kurdish Oil and Gas
By Douglas A. Ollivant for War on the Rocks. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Barzani Goes to Baghdad: Trouble in the Kurdish Oil and Gas Sector A recent Federal Supreme Court decision in Iraq has put a legal stake in the […]
EUAM Iraq: New Head of Mission Appointed
The Council of the European Union has appointed Anders Wiberg as new head of mission for the European Union Advisory Mission in Iraq (EUAM Iraq). He will take up his duties on 16 August 2022 until 30 April 2024. Anders Wiberg is a Chief Superintendent of the Swedish National Police, a service he joined in […]
Iraqi e-Commerce Venture raises New Investment
The Iraq-based e-commerce business Orisdi has raised a new six figure investment round that included the participation of existing and new investors. The round was facilitated by the Iraqi Angel Investors Network (IAIN) and served to reinforce the continuous growth of the business and the growing potential of e-commerce in Iraq. The round saw the […]
Meeting to progress Mosul Int'l Airport Project
By John Lee. Prime Minister Mustafa Al-Kadhimi chaired a meeting on Monday to discuss plans to rebuild Mosul International Airport, which was damaged during the war against ISIS terrorist gangs. The meeting, which was attended by the Minister of Construction, Housing, Municipalities and Public Works, the Governor of Nineveh, and a number of specialized officials […]
A Power Grid for the Middle East -- Can it Benefit Iraq?
By Robert Tollast for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A power grid for the Middle East: what is the GCCIA and can it benefit Iraq? Since 2012, all GCC members have been connected by cross-border power lines - […]
Zain Iraq's Revenue Increases
By John Lee. Zain Iraq's Q2 2022 revenue grew 4 percent to USD 390 million, and EBITDA grew by 16 percent to USD 168 million, according to the company's results statement for the period. The company also reported an EBITDA margin of 43 percent, with net profit reaching USD 5 million. The operator's customer base […]
DNO Updates on Oil Production and Sales
DNO ASA, the Norwegian oil and gas operator, will publish its Q2 2022 operating and interim financial results on Thursday, 11 August 2022 at 07:00 (CET). A videoconference call with executive management will follow at 11:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as other key […]
Tony Blair Institute: Iraqis More Optimistic for the Future
By John Lee. A new report from the Tony Blair Institute for Global Change claims that Western perceptions of the Arab world are too often shaped by negative stereotypes and anecdotal evidence used to justify prejudicial views - rather than by reality. As a result, it says, our understanding of who Arabs are, and what […]