WHO provides Medical Supplies to KRI for COVID-19 response
The World Health Organization (WHO) handed over more than 20 tons of urgently needed medical technologies to the Ministry of Health in the Kurdistan region of Iraq. The 117-pallet consignment contains a variety of emergency medical devices, mechanical and intensive care unit beds, personal protection equipment (PPEs), and in-kind medical furniture that will contribute to […]
Deal Signed to Develop Iraq's Mansuriya Gas Field
By John Lee. The Chinese company Sinopec (China Petroleum & Chemical Corporation) has signed a deal to develop the Mansuriyah gas field in Diyala. The field, near the Iranian border, is expected to produce 300 million standard cubic feet (Mmscf) per day of gas, which will be used for electricity generation and "various industrial projects". […]
KRG to use UAE's Digital School Initiative
By John Lee. The Kurdistan Regional Government (KRG) has reportedly signed a memorandum of understanding (MoU) with The Digital School to implement digital school programs and enhance cooperation in digital learning in the region. The Digital School describes itself as "the first integrated Digital school which provides remote learning in a smart and flexible way, […]
TLG to Represent Iraq in US
By John Lee. Brian Glackin, a partner at Washington DC-based lobbying firm The Livingston Group (TLG), has signed an agreement to represent Iraq's Ministry of Foreign Affairs in the United States. Under the deal, the company will engage in activities to strengthen the ties between Iraq and the United States, including lobbying, perception management, and […]
H&M donates Clothing to Displaced Persons in Iraq
People who have been forced to leave everything behind are among the most vulnerable in the world, and the situation is only getting worse, with the added emergency of the on-going COVID-19 pandemic. Many refugees have suffered tremendously due to the crisis, and UNHCR reports an urgent need to assist. In response, H&M has donated clothing to displaced communities in Iraq, to help families keep warm during the cold […]
Poland Contributes to UNDP's Iraq Fund
The United Nations Development Programme (UNDP) in Iraq welcomes an additional PLN 1 million (approximately US$ 244,000) contribution from the Government of Poland to its flagship Funding Facility for Stabilization (FFS). This critical support will focus on stabilizing the five governorates liberated from the Islamic State of Iraq and the Levant (ISIL) to facilitate the […]
New Air Route between Erbil and Gaziantep
By John Lee. Turkey's Ministry of Transport and Infrastructure has announced that flights from Gaziantep to Erbil will begin on 24th January. AnadoluJet will operate the route on Mondays and Thursdays. (Source: Turkish Ministry of Transport and Infrastructure)
Video: Pipeline Explosion appears caused by Falling Pylon
By John Lee. Australia's SBS News has published CCTV footage purporting to show the explosion that temporarily closed the Kirkuk-Ceyhan pipeline earlier this week. It appears to show an electricity pylon falling on the pipeline. According to Kurdish news agency Rudaw, a group affiliated with the Kurdistan Workers' Party (PKK) had claimed responsibility for the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th January 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD904 (-1.6%) / $792 (-1.6%) (weekly change) (-1.6% and -1.6% YTD change, respectively). The number of week traded […]
Sweden Renews Support for De-Mining in Iraq
The United Nations Mine Action Service (UNMAS) welcomes the contribution of SEK 50 million (approximately USD 5.7 million) from the Government of Sweden, which will support the Government of Iraq with humanitarian, socio-economic, and reconstruction efforts while protecting vulnerable civilians from the threat posed by explosive ordnance. Due to successive conflicts in Iraq from 1980 […]
HRW: Investigating a Massacre, Iraq Should Address Root Causes
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Investigating a Massacre, Iraq Should Address Root Causes On December 31, Iraqi security forces killed 20 people from a single family in a raid on a home in Jableh district in […]
Iraq and Iran sign MoU on Arbitration
By John Lee. Tehran and Baghdad have reportedly signed a memorandum of understanding (MoU) to establish a joint arbitration center. The head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq al-Zuhairi, is quoted as saying that the MoU can remove the obstacles that hinder cooperation between the two countries. The agreement was finalised […]