UNICEF Iraq gets $26m from Germany for COVID Response
UNICEF receives US$26 Million from the Government of Germany to support the provision of basic services and the COVID-19 response in Iraq The funding will allow 1 million children and adolescents to have continued access to learning through a combination of approaches such as blended learning and 50,000 vulnerable people to receive critical child protection […]
Baghdad Elevated Train (BET) is "Vital" and "Strategic"
By John Lee. The Secretary-General of Iraq's Council of Ministers has chaired a meeting of the committee for the implementation of the Baghdad Elevated Train (BET) project. Dr Hamid Naim Al-Ghazi said the project is considered to be vital and strategic, and runs in conjunction with projects to rehabilitate the entrances to Baghdad, and to […]
Zain Iraq's Revenue Increases
By John Lee. Zain Iraq's Q1 2022 revenue increased by 5 percent to reach USD 194 million, according to the company's results statement for the first three months of the year. EBITDA grew by 8 percent to USD 81 million, reflecting an EBITDA margin of 42%. The operation reported a net profit of USD 3 […]
Iraq's Oil Dysfunction
By Mina Al-Oraibi, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Oil Dysfunction The world's sixth-largest oil producer still suffers from fuel shortages and power outages. Click here to read the full story.
UN Women, WFP promote Women's Empowerment in Iraq
UN Women and WFP join forces to promote gender equality and women's empowerment in Iraq The United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) and the World Food Programme (WFP) have signed a Memorandum of Understanding (MOU) and reaffirm their commitment to strengthening collaboration and joint initiatives on gender equality […]
KRG Ministerial Delegation meets IBBC Members in London
On Wednesday the 20th of April the Iraq Britain Business Council (IBBC) hosted a high-ranking delegation of KRG officials for a roundtable discussion at the Cavalry & Guards Club in London. The delegation included Minister Dana Abdulkareem, Minister of Housing and Reconstruction in KRG, Mr. Safeen Dizayee, Head of the Department of Foreign Relations, and […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st April 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD1,005 (-1.9%) / $882 (-1.7%) (weekly change) (+9.5% and +9.5% YTD change, respectively). The number of week traded […]
5K Run to help Iraq's most Vulnerable Children
From Iraq Solidarity News (Al-Thawra). Re-published with permission by Iraq Business News. Global 5K run aims to help Iraq's most vulnerable children Liz McRae is the Executive Director of the Iraqi Children Foundation and in this interview, Hussein Al-alak speaks with Liz McRae about the work of the ICF, along with finding out more about […]
I3RF Fund Annual Progress Report
Iraq Reform, Recovery and Reconstruction Fund (I3RF): Trust Fund Annual Progress Report to Development Partners 2021 Since its inception in November 2018, the Iraq Reform, Recovery and Reconstruction Fund (I3RF) has worked closely with the Government of Iraq to support its recovery and reconstruction plans as well as inform its reform agenda adopted in October […]
Drought forces Iraq to Cut Wheat Production
By John Lee. A new report from the US Department of Agriculture (USDA) says that continued drought and water shortages are affecting economic activity in Iraq, especially grain production. The Global Agricultural Information Network (GAIN) report from the USDA's Foreign Agricultural Service says agricultural cropping in irrigated areas is down by 50 percent compared to […]
Alliance Blocks Formation of New Iraqi Government
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Alliance blocks formation of new Iraqi government An Iran-backed minority alliance has caused delays, and the process of creating a new Iraqi government may take many months. Click here […]
World Bank to fund Iraq Education Initiatives
By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet authorised the Ministry of Finance to sign two grant agreements with the World Bank: the first, to support higher education in Iraq in the amount of 5 million dollars aimed at improving […]