Ramadi Youth Centre Opens
Once an ISIL Prison, today a safe space for young people; MOYS, UNFPA inaugurate Ramadi Youth Centre The Ministry of Youth and Sports, the Governorate of Anbar and UNFPA re-opened the Ramadi Youth Safe Space on 25 December. The Youth Safe Space serves as a place for girls and boys to receive life and leadership […]
Iraq joins China's AIIB as a "New Prospective Member"
The Board of Governors of China's Asian Infrastructure Investment Bank (AIIB) has approved the application of Iraq to join the Bank. Iraq becomes AIIB's 51st regional member, bringing the Bank's approved membership to 105 in total. As a multilateral development bank with the mission of financing infrastructure for tomorrow, AIIB aims to support its members […]
Iraqi Supreme Court Ratifies Election Results
By John Lee. The Iraqi Supreme Court has reportedly ratified the results of October's parliamentary election. Pro-Iranian groups had challenged the result, which was a victory for Moqtada al-Sadr, who opposes influence from both Iran and the US. The court's decision means that negotiations can now officially begin on the formation of a new government. […]
Iran, Iraq again Agree to Connect their Rail Networks
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran and Iraq again agree to connect their railway networks Both countries pledged to build the Basra-Shalamcheh railway years ago but have yet to do so. Click here to read the […]
Iraq Stock Exchange Ends Year Up 26%
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th December 2021). Note: ISX will be closed during Dec. 28, 2021 - Dec. 30, 2021 due to the end-of-year closing operations. The next trading session will be held on Jan. 2, 2022. Please click here to view a table of listed companies […]
Zwipe, INC to pilot Biometric Payment Cards in Iraq
By John Lee. Norwegian biometric authentication firm Zwipe and International Network for Cards and Digital Payment Services (INC) have announced that they will pilot Biometric Payment Cards in Iraq. According to a press release from Zwipe, this will be the first biometric payment card pilot in the country, and INC will be offering issuance of white […]
Iraq Finalises November Oil Exports
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for November of 98,192,317 barrels, giving an average for the month of 3.273 million barrels per day (bpd), up from the 3.120 million bpd exported in October. The exports from the oilfields in central and southern Iraq amounted to approximately 95,860,149 barrels; while […]
Safwan Border Crossing Re-Opened
By John Lee. Iraq's General Customs Authority has announced the reopening of the Safwan/Abdali border crossing between Iraq and Kuwait. The crossing had previously been closed to help prevent the spread of COVID-19 (coronavirus). Designs were completed earlier this year for a redevelopment of the crossing. (Source: General Customs Authority)
New Actions to Combat Child Labour in Iraq
Ministry of Labour and Social Affairs, and ILO launch activities to combat child labour in Iraq The Ministry of Labour and Social Affairs and the International Labour Organization (ILO) kicked off a series of activities that support a nation-wide campaign to tackle the worst forms of child labour in the country. The activities are part […]
Iraq "Needs a Full Manual Recount to Overcome Election Impasse"
By Ali Al-Mawlawi, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Needs a Full Manual Recount to Overcome Election Impasse Three weeks since Iraq's electoral commission (IHEC) announced the final results of the October 10 elections, the Federal Supreme […]
Genel Energy appoints new Non-Executive Director
By John Lee. Genel Energy has announced the appointment of Yetik Mert (pictured) as an Independent Non-Executive Director, with immediate effect. Yetik has almost 40 years' technical, commercial, business development, and general management experience, including holding executive and non-executive Directorship roles across the energy utility and industrial sectors in MENA, CEE and the USA. Yetik […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23th December 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD908 (+1.2%) / $796 (+1.4%) (weekly change) (+25.2% and +20.1% YTD change, respectively). The number of week traded […]