Civil Society Role in Agriculture, Water and Environment
Role of Civil society associations in agriculture water and environment The Representation of the Food and Agriculture Organization of the United Nations (FAO) in Iraq, in partnership with the Al-Aghsan Foundation for Agricultural and Environmental Development, held a workshop and a dialogue platform to strengthen partnership with civil society organizations (CSO) in Iraq. The workshop […]
Iraq may Import Crops from Bangladesh
By John Lee. A Memorandum of Understanding (MoU) will be signed between Bangladesh and Iraq to enhance cooperation in the agricultural sector. According to a statement from the Bangladeshi Ministry of Agriculture, the Charge d'Affairs at the Iraqi Embassy in Dhaka, Abdussalam Saddam Mohaisen, also expressed interest in importing mangoes, vegetables and potatoes from Bangladesh. […]
Germany, UNOPS support Anbar and Sinjar
The KfW Development Bank [Kreditanstalt für Wiederaufbau] and UNOPS signed an agreement to support the conflict-affected communities in Anbar governorate and Sinjar district in Ninewa governorate in Iraq. With a total support of 35 Million EUR from the Federal Republic of Germany, through the KfW Development Bank, UNOPS will undertake the rehabilitation of war-damaged shelters […]
ICAA Director Jailed for Corruption
By John Lee. Iraq's Anti-Corruption Central Criminal Court has sentenced the director of the legal department at the Iraq Civil Aviation Authority (ICAA) to seven years in prison on charges of corruption. According to a statement from the Supreme Judicial Council, the director "received a bribe from the complainant to carry on a job that […]
Russian-Run Iraqi Oilfield may see Output Boost
Writing in Oil Price, Simon Watkins says Iraq's West Qurna 2 oilfield, run by Russian oil giant Lukoil, may see a quick increase in production from 400,000 barrels per day (bpd) to well over 600,000 bpd, rising to more than 1 million bpd further out. Click here to read the full article.
Iraq Improves Ranking in World Happiness Report
By John Lee. Iraq has ranked 107th out of 146 countries in the latest World Happiness Report, a small improvement on its ranking of 111th last year. The report, produced by the Sustainable Development Solutions Network (SDSN), uses global survey data to report on how people evaluate their own lives around the world. Co-author Lara […]
Iraqi 100-Dinar Note sells for $39k
By John Lee. An Iraqi 100-dinar note has reportedly sold at auction in London for £29,760 ($39,161). The rare 1942 note features a portrait of King Faisal II as a child, and beat the estimate of £10,000 to £15,000. According to Coinworld, it was bought by "an advanced collector of Iraqi paper money and coins." […]
Iraqi initiative to plant One Million Trees
By John Lee. Iraq has launched an initiative to plant one million trees and seedlings in order to increase green spaces, achieve sustainable development and reduce desertification. The Director General of the Non-Governmental Organizations Department, Mr. Ashraf Abdel Karim Al-Dahan, said the project includes environmental awareness, agricultural campaigns, and providing state institutions, universities, schools, public […]
Iraqi Cabinet approves Electricity Supply Contract with Iran
By John Lee. The Iraqi Cabinet has approved a contract between the Ministry of Electricity and Iran's Power Generation and Distribution Company (Tavanir) for the supply of electricity. According to details released from the cabinet meeting this week, the term of the contract shall be five years, and the price is reduced from 3.4 cents […]
Iraq Extends Suspension of Customs Duties on some goods
By John Lee. Iraq has extended its suspension of customs duties on basic commodities such as foodstuffs, construction materials and essential consumables from two months to three months. It has also similarly extended its suspension of the import ban on some goods, including foodstuffs, consumables, and medicines from two months to three months. The initial […]
Consultation Workshop on Iraqi Commercial Arbitration Bill
Consultation workshop on the Commercial Arbitration Bill and the New York Convention to implement its mechanisms paving economic growth in Iraq As Iraq acceded recently to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which entered into force on 9 February 2022, UNDP in partnership with the European Union (EU) […]
First Abu Dhabi Bank to open Office in Iraq
By John Lee. First Abu Dhabi Bank (FAB) has announced that it will open a representative office in Iraq. The new representative office will primarily service Sovereign and Government Related Entities (GREs), Financial Institutions and Iraqi institutional clients in addition to clients with business interests in Iraq. Hana Al Rostamani (pictured), Group Chief Executive Officer […]