Cabinet allocates $3.9m for Irrigation in Diyala
By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet ordered the Ministry of Finance to provide funding of 5.75 billion dinars ($3.9 million) for emergency works to address water scarcity in Diyala Governorate: IQD 1.75 billion to the General Authority for […]
Iraq Finalises March Oil Exports
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for March of 100,579,612 barrels, giving an average for the month of 3.244 million barrels per day (bpd), down slightly from the 3.314 million bpd exported in February. The exports from the oilfields in central and southern Iraq amounted to approximately 99,130,677 barrels, […]
WHO marks 5 Yrs of Strategic Partnership with USAID in Iraq
WHO marks five years of strategic partnership with USAID in Iraq The World Health Organization (WHO) marks the five-year milestone of its strategic partnership with the United States Agency for International Development (USAID) to support the provision of life-saving and essential healthcare services to vulnerable populations in Iraq. Over the past five years, USAID has […]
Case Study: Empowering Girls through IT Education in Iraq
Case Study Empowering girls through IT and Coding education in Iraq: an innovative learning pathway for secondary school girls in Shatt Al-Arab, Basra In the Middle East and Northern Africa (MENA) region, despite school enrolment is higher today both at primary and secondary levels than one decade ago, significant differences remain in the education opportunities […]
Iraqi Steel Plant Sold for $195m
By John Lee. Jordan's Al Tanmiya Steel has completed the sale of its Iraqi steel operations for $195 million. Al Tanmiya had full ownership of the Iraqi Al Anmaa for Construction Materials Production, which operates a steel plant (pictured) in Khor Al-Zubair, Basra. Al Anmaa has been bought by Alghad Almutkamel for General Trading and […]
The Station Opens Branch in Erbil
By John Lee. The Station Foundation for Entrepreneurship has opened its fourth branch in Erbil, According to a press release from The Station, the opening marks a significant step forward in ensuring that Kurdistan's youth can contribute to the ecosystem's enhancement and build a connected network of entrepreneurs, creatives, and innovators who can reach across […]
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 […]