Panel Discussion: Saudi Arabia and Iraq - An Evolving Relationship
From The Brookings Institution. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Saudi Arabia and Iraq: An evolving relationship Saudi Arabia and Iraq have long had a complex relationship, at times vying for positions of leadership in the Arab World and often closely […]
Improving the Lives of 5 Million Children in Iraq
UNICEF and Zain Iraq launch partnership to improve the lives of more than 5 million children in Iraq UNICEF and Zain signed a partnership on Tuesday based on their shared values to support the rights of children in Iraq by adopting joint work plans on several child related areas, including education, health and nutrition, social […]
Iraqi Min of Oil Denies that TotalEnergies Deal is Stalled
By John Lee. Iraq's Ministry of Oil has denied reports that its multi-billion-dollar deal with France's TotalEnergies has stalled amid disputes over terms, and that it risks being scrapped by the next government. On Monday, Reuters cited sources at the Ministry, and other oil industry sources, as saying that the deal was mired in disputes. […]
Al-Rafidain Bank sets Interest Rates
By John Lee. The state-owned Al-Rafidain Bank has announced the following interest rates: and fixed deposits for the citizens' accounts for the year 2022 in an effort to raise the economic and living standard of the citizen. The interest rate for Savings accounts: 4% for one year. Fixed deposit rate: 4.5% for six months; 5% […]
Zebari barred from running for Presidency
By John Lee. An Iraqi court has ruled that Hoshyar Zebari is not eligible to run for the position of President. The former foreign minister, who had been accused by some of corruption, said he respected the judiciary's decision, but described it as an injustice. According to the Iraqi News Agency (INA), there are currently […]
New MPs "must Unite to achieve Genuine Change"
By Hayder Al-Shakeri, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's new MPs must unite to achieve genuine change A new generation of independent MPs and parties emerging from the protests in Iraq can reform the country's politics, but only […]
Honeywell to Develop Iraq's Haditha Refinery
By John Lee. At its regular meeting this week the Iraqi Cabinet approved the recommendation of the Ministerial Council for Energy to proceed with the development project at Haditha refinery. The American company Honeywell UOP is to carry out the work on behalf of the North Refineries Company (NRC). Haditha refinery is situated in Anbar […]
KRG PM Barzani meets with German Rail Company
PM Masrour Barzani meets with representative of Deutsche Bahn railway company KRG Prime Minister Masrour Barzani on Thursday met with the representative of the German Deutsche Bahn railway company for Europe and the Middle and Near East. In the meeting, attended by the German Consul General in Erbil, the company's representative briefed the Prime Minister […]
The Business of Education: Private Schools & Universities in Iraq
By Nabeel Jabbar Ali Al Tememi, Abdurrahman Ahmad Wahab and Ahmed Tabaqchali, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Business of Education: Examining the Growth […]
Contract Awarded for Renovations at Iraq Museum in Baghdad
By John Lee. Qimmat Al Nidhal Company for Contracting, General Trading, Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for the "renovation of the Sumerian Gallery at the Iraq Museum in Baghdad." The contract is valued at $541,210. (Source: UNGM)
Will Iraq's Exit from Money-Laundering Blacklist bring Investment?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq's exit from EU money laundering blacklist bring investment? The European Union (EU) has removed Iraq from its list of high-risk countries for money laundering and terrorism financing. The delisting will make […]
NIC appoints Firms to Investigate Bismaya Housing Project
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has received approval from Iraq's Council of Ministers to hire an international law and an international auditing firm to investigate previous contracts at the Bismaya Residential City. According to a statement from the NIC, the firms will "propose a financial model, […]