Project to improve Water Quality in Basra
The European Union and UNICEF, in collaboration with Eni, launch a project to improve the water quality for 850,000 people in Basra The European Union (EU) and UNICEF, in collaboration with Eni, have launched a project in partnership with the Basra Governorate, aiming to improve the water quality for 850,000 people in Basra City, including […]
Iraq Oil Exports Exceed $75bn in 2021
By John Lee. Iraq's Ministry of Oil has announced total financial revenues from oil exports to $75.650 billion for 2021, which it says is a marked increase on budgeted expectations for the year. The Ministry's Deputy for Upstream Affairs, Kareem Hattab, pointed to the commitment of the OPEC+ producers in achieving stability in oil markets, […]
How Iraq became Top Link in China's Strategy
By Ksenia Svetlova, for The Jerusalem Post. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq became the top link in China's belt and road strategy Almost 20 years after the war in Iraq began, billions of Chinese yuan are being invested […]
Iraq Hosts FAO Conference
Near East and North Africa countries focus on nutrition, climate, resilience, water and gender The 36th FAO Regional Conference for the Near East (NERC36) started today with a focus on improving nutrition, building resilient rural communities, optimizing water management, addressing the impacts of the climate crisis and fostering green recovery initiatives, as well as gender-sensitive […]
Tabaqchali: Banks & the Iraq Investment Thesis
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "Banks & the Iraq Investment Thesis" The market, as measured by the Rabee Securities RSISX USD Index, started the year on a positive note with […]
New Healthcare Facilities for Baiji City
By John Lee. Mashareea Al-Taqa Company for Contracting and General Trading has won a contract with the United Nations Secretariat for the "construction of maternity ward and drug store in al Bu'Aiji Health Centre and a prefab waiting room for ration card entity, Baiji City, Salah al Din governorate." The contract is valued at $109,026.50. (Source: […]
Reports that Iraq to Buy Pakistani Fighter Jets
By John Lee. Iraq has reportedly signed a contract with a Pakistani company to purchase an unspecified number of fighter jets. According to Defense World, the aircraft are believed to be JF-17 Block III, which it suggests could be a welcome addition to the Iraqi Air Force, following significant problems maintaining its 34 F-16IQ Block […]
Forming New Iraqi Govt "will be Complicated"
By Abbas Kadhim, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq is forming a new government. But getting there will be complicated. Whatever the outcome of the ongoing negotiations, the prospects of the next government will depend on […]
Is 'unfreezing' of Iranian funds in Iraq 'positive signal'
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is 'unfreezing' of Iranian funds in Iraq 'positive signal' from Biden? A prominent Iranian news agency says funds that have been frozen in Iraq due to US sanctions are now available for food […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd February 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD962 (+1,9%) / $844 (+1.9%) (weekly change) (+4.8% and +4.8% YTD change, respectively). The number of week traded […]
First Gender-Based Violence Strategic Plan launched in Iraq
The Ministry of Health in Iraq, together with the World Health Organization (WHO), launched the first Gender-Based Violence (GBV) Strategic Plan 2022-2026 on 31 January 2022. The plan will provide the strategic vision and the operational directions for better implementation and coordination of sustainable interventions related to the health system response to GBV to reduce […]
Iraq was Largest Beneficiary of China's Belt & Road in 2021
By John Lee. Iraq was the largest beneficiary from China's Belt and Road Initiative (BRI) in 2021, according to a study by the Green Finance & Development Center, at Shanghai's Fudan University. It says the country with the highest construction volume was Iraq, with about $10.5 billion, followed by Serbia (about $6.8 billion) and Indonesia […]