Germany, IOM Supporting Economic Recovery in Iraq
Germany, IOM Reaffirm Partnership to Support Economic Recovery in Iraq Small and medium enterprises (SMEs), which employ roughly half of Iraq's workers, were severely impacted by the conflict with the Islamic State in Iraq and the Levant (ISIL). When the COVID-19 pandemic struck, the resulting economic slowdown undermined the gradual progress SMEs had made toward […]
Details of Assassination Attempt targeting PM
By Hassan Ali Ahmed, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq reveals details on assassination attempt targeting PM In its first press conference, the special committee responsible for investigating the drone attack on the house of Iraqi Prime […]
UN Iraq: No Evidence of Election Fraud
By Hassan Ali Ahmed, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Head of UN Iraq mission tells Security Council no evidence of election fraud In her briefing to the UN Security Council, Jeanine Hennis-Plasschaert confirmed that there is no […]
Iraq's Economic Outlook has Improved, but Risks Abound
From the World Bank: Iraq: Rising Fiscal Risks, Water Scarcity, and Climate Change Threaten Gradual Recovery from Pandemic Iraq's economic outlook has improved on the back of the recovery of global oil markets, with its GDP projected to grow from 2.6% in 2021 to over 6% in 2022-23. Nevertheless, without accelerated economic reform, unforeseen domestic […]
Facilitating Iraq's WTO Accession Process
Facilitating Iraq's WTO Accession process in collaboration with Iraq's National Committee on WTO Accession. Iraq's National Committee on WTO Accession participated in a technical session organised in Baghdad on 23rd November. The session provided a comprehensive overview of the accession process and highlighted the crucial role of the National Committee on WTO Accession in this […]
Iraqi Entrepreneurship: Panel Discussion with Miswag
From Five One Labs. Re-published with permission by Iraq Business News. A Panel Discussion with Ammar Ameen and Marwan Jabbar from Miswag On October 27th, 2021, Five One Invest hosted a Speaker Series session with Ammar Ameen (Founder and CEO) and Marwan Jabbar (VP of Commercial Development and People) from Miswag. Read on to learn […]
UN Meets Donors to Discuss Development Strategy for Iraq
A high-level meeting between the United Nations and international donors took place in Baghdad to discuss the United Nations' updated development strategy for Iraq. The meeting focused on the 2020-2024 United Nations Sustainable Development Cooperation Framework (UNSDCF), which was signed by the Government of Iraq in September. The UN was represented by the Deputy Special […]
"Robot Waiters" serve customers at New Mosul Restaurant
By John Lee. A team from the University of Mosul has reportedly helped to create a restaurant in Mosul that uses robot waiters. According to AFP, everything at the White Fox restaurant is digital, including the 15 touch-screen tables with built-in menus. More here. (Source: AFP)
Block 10 More Attractive for Lukoil than West Qurna 2
Writing in Oil Price, Simon Watkins points out that the $5.99-per-barrel remuneration that Lukoil will receive under its technical service contract at Block 10 is considerably better than its $1.15/barrel payment at West Qurna 2. Block 10 includes the Eridu field, which has indicated oil reserves of between 7 and 12 billion barrels, and a […]
Supporting Young Engineers in Improving Iraqi Environment
ILO and UNICEF joint initiative supports young engineers to play a key role in promoting Green Works in Iraq With the support of the Government of the Netherlands, the ILO and UNICEF are working together to build the capacities of selected youth to engage in Employment Intensive Investment Programme (EIIP) interventions aimed at improving the local environment […]
Iraq Finalises October Oil Exports
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for October of 96,708,660 barrels, giving an average for the month of 3.120 million barrels per day (bpd), up slightly from the 3.081 million bpd exported in September. The exports from the oilfields in central and southern Iraq amounted to approximately 93,386,975 barrels, […]
Why Iraqi Kurds are seeking Refuge in Europe
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Iraqi Kurds are seeking refuge in Europe The heartbreaking drama of thousands of migrants, many of them Iraqi Kurds, stranded along the Belarusian border with Poland, where they encounter dire conditions in […]