The KRG Turns Thirty: The Future of US-Kurdish Relations (Part II)
By Jennifer Gavito, Qubad Talabani, 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. The KRG Turns Thirty: The Future of U.S.-Kurdish Relations in Iraq In the second of three discussions marking the thirty-year anniversary […]
Video: Workers Risk Health in Iraq's Gold Smelters
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's smelters: Workers risk their health for gold and silver Decades of instability and corruption in Iraq have led to high unemployment. That is forcing some people to resort to dangerous work to […]
Tensions Simmer on Iraqi Streets as Food Prices Rise
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tension simmers on Iraqi street as food prices rise Already faced with chronic issues such as persistently high unemployment and a lack of access to basic services, Iraqis are now hit by skyrocketing […]
Italy supports Out-of-School Children in Iraq
Italy supports UNESCO Iraq to improve access to quality and inclusive education with gender equality for out of school children UNESCO Iraq welcomes a new generous contribution from the Directorate General for Development Cooperation of the Italian Ministry of Foreign Affairs and International Cooperation, through the Italian Agency for Development Cooperation (AICS). During the visit […]
Genel Energy CEO Steps Down
Genel Energy has announced that after discussions with the Board following the recent AGM, at which Bill Higgs did not receive the required 50% majority of votes in favour of re-election as a Director, he has agreed to step down as CEO of the Company with immediate effect. Dr Higgs will take up a role […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th June 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD985 (+6.4%) / $861 (+6.4%) (weekly change) (+7.3% and +6.9% YTD change, respectively). The number of week traded […]
ITC launches Partnerships with Agri-Food firms in Iraq
ITC launches partnerships with major agri-food companies in Iraq New partnerships to connect Iraqi agri-food companies with local producers have now been launched in the country with support from the European Union. The Strengthening the Agriculture and Agri-food Value Chain and Improving Trade Policy (SAAVI) project signed partnership agreements with major enterprises in the agri-business […]
Rotana announces First 5-Star Hotel in Sulaymaniyah
By John Lee. Rotana has opened a new 5-star hotel in Iraqi Kurdistan. According to a press release, the Slemani Rotana features 240 spacious rooms and suites with a convenient location on Salim Street in the center of Sulaymaniyah. Facilities include a state-of-the-art gym, a spa, a piano bar, and a variety of restaurants. The […]
Denmark supporting UNDP's Social Cohesion programme in Iraq
New contribution from Denmark supports UNDP's integrated approach to social cohesion in Iraq The United Nations Development Programme (UNDP) in Iraq welcomes a US$3.4 million (DKK 24 000 000) contribution from the Government of Denmark to support the implementation of the Iraq Social Cohesion Programme. UNDP Iraq's Social Cohesion Programme strengthens institutional frameworks to build […]
8.8% Growth Expected in Iraq this year
By John Lee. GDP growth is forecast to hit 8.8 percent this year, according to the World Bank's latest Global Economic Prospects report. This represents a small reduction on the previous forecast of 8.9 percent, issued in April. Growth projections for the following two years remain unchanged, at 4.5 percent in 2023 and 3.0 percent in 2024. […]
Iraqi Parliament passes urgent Food Security Bill
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. Iraqi parliament passes urgent food security bill The Iraqi judiciary had blocked a previous version of the legislation, which empowers the government to address rising food prices and shortages resulting from […]
PM announces new Ministry of Electricity and Alternative Energy
By John Lee. The Iraqi Prime Minister has announced that the Ministry of Electricity is to be renamed the "Ministry of Electricity and Alternative Energy". At a press conference in Baghdad, Mustafa al-Kadhimi (pictured) said it is unreasonable to build gas power stations when there is not enough gas available, so the new ministry will […]