Belgium gives another $1.4m to Iraq
Belgium renews commitment to stabilization with new €1.4 million contribution The Government of Belgium has contributed an additional €1.4 million (US$ 1.6 million) to the Funding Facility for Stabilization (FFS). The critical funding will support stabilization efforts implemented by the United Nations Development Programme (UNDP) across Iraq's five governorates in Anbar, Diyala, Kirkuk, Ninewa and […]
Iraq struggles to overcome Housing crisis
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq struggles to overcome housing crisis According to Abdul-Zahra Al-Hindawi, a spokesperson for the Ministry of Planning, the country needs 2.5M additional housing units. The full report can be viewed here (registration required).
The War in Ukraine, and Iraq's Multibillion-Dollar Wheat Imports
By Robert Tollast and Mina Aldroubi, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's multibillion-dollar wheat import bill: how war in Ukraine affects the wider world The war in Ukraine, one of the world's major wheat producing regions, has […]
"Dinar Debacle" pits Iraq's FM against Sadrists
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dinar debacle pits Iraq's finance minister against Sadrists Iraq's finance minister is caught in a worsening confrontation with the Sadrist Movement. The clash erupted after Shiite cleric and politician Muqtada Al-Sadr took to […]
Iraqi Federal Court Accused of Politicization
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi federal court accused of politicization Iraq's federal court ruled March 2 that the formation of the Anti-Corruption Committee formed by the Iraqi prime minister in mid-2020 is […]
Appetite for Iraqi Oil Grows as Buyers Shun Russia
By Ruxandra Iordache for Argus Media. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's State Oil Marketing Organization (SOMO) has received requests for additional crude supply as buyers seek alternatives to Russian volumes, according to a senior Iraqi official. Click here to […]
Iraq RSISX Index closes week over 1,000
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd March 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD1020 (+3.8%) / $901 (+3.8%) (weekly change) (+11.1% and +11.9% YTD change, respectively). The number of week traded […]
Iraq Start-Up Days at EXPO 2020
Rabee Securities is hosting a 3-day event at the Iraq Pavilion at EXPO 2020 to showcase Iraq's top technology startups. From 7-9 March, presentations will be given by Iraq's most promising entrepreneurs and interested parties will have the opportunity to meet them one-on-one. The lineup of startups scheduled to attend include Miswag, Iraq's largest ecommerce platform as […]
Takween Investor Bootcamp Program
The Takween Accelerator is looking for potential investors to attend our Investor Bootcamp Program. This program is designed to provide an investor training bootcamp to high potential individuals to increase their interest and skills in investing in tech startups within KRI and Iraq. The goal of this program is to increase the number of startup […]
Audio: Mohammed Al-Daraji talks to CMEC about Iraq's Security
From the UK's Conservative Middle East Council (CMEC). Almost 19 years after the 2003 invasion of Iraq, CMEC's Charlotte Leslie interviews senior Iraqi official Mr Mohammed al-Daraji about the necessity of maintaining security in Iraq. Mr Al-Daraji - the President of the country's National Defence Industries Commission, effectively Iraq's arms department - speaks candidly about […]
New Programme to Reform Social Protection in Kurdistan
With support from the European Union, UNICEF, WFP, and ILO partner with the Kurdistan Regional Government to reform social protection The Ministry of Planning and the Ministry of Labour and Social Affairs of the Kurdistan Regional Government (KRG), the United Nations Children's Fund (UNICEF), the United Nations World Food Programme (WFP), and the International Labour […]
Iraqi Central Bank may Stop Financial Dealings with Russia
By Layal Shakir, for Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi central bank suggests halting business, financial dealings with Russia The Central Bank of Iraq (CBI) on Wednesday suggested halting business operations and financial dealings with Russia following America's far-reaching sanctions […]