ILO Strengthens Effective Labour Inspection Procedures in Iraq
ILO strengthens capacity of Iraqi inspectors on effective labour inspection procedures A training workshop for labour and OSH inspectors of the Ministry of Labour and Social Affairs in Baghdad aimed to strengthen the capacity of inspections in promoting labour regulations and procedures in Iraq. The International Labour Organization (ILO) organised a week-long training for thirty-five […]
Realities of Climate-Induced Migration in Iraq's Southern Cities
Realities of Climate-Induced Migration in Iraq's Southern Cities: New IOM Report Environmental degradation over the last 10 years has severely damaged Iraq's agricultural sector. Worsening water scarcity and quality has left the sector unable to support sufficient and sustainable livelihoods, particularly in rural areas, where it has long been the main workforce employer. This has […]
Muqtada al-Sadr is the United States' Best Hope
By Anchal Vohra, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Muqtada al-Sadr Is the United States' Best Hope The Shiite cleric was once Washington's bitter enemy in Iraq-and now offers the best chance of securing U.S. interests. Click here […]
Germany Supports Investigation of ISIL Financing
Germany Renews its Support to UNITAD with a New €1 Million Contribution to Investigate Financing of ISIL Crimes Germany has renewed its support to the United Nations Investigative Team to Promote Accountability for Crimes Committed by Da'esh/ISIL (UNITAD) by recommitting an additional €1 million for investigations into the financial dimensions of ISIL crimes. This support […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th October 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD944 (+2.0%) / $828 (+2.0%) (weekly change) (+30.2% and +24.9% YTD change, respectively). The number of week traded […]
Al-Sadr's Problematic Victory and the Future of Iraq
By Ranj Alaaldin, for The Brookings Institution. The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Muqtada al-Sadr's problematic victory and the future of Iraq Iraq's parliamentary elections rarely produce surprises. But the elections that were held this month constituted a potential make-or-break moment amidst […]
Climate Change Workshop in Erbil
Climate Change Awareness Raising Workshop The UN Environment Programme (UNEP) in Iraq, in partnership with UNDP and Ministry of Environment, conducted a two-day training workshop in Erbil on Climate Change within the implementation of the Iraq National Adaptation Plan Project (NAP) aiming at "building the institutional capacity to advance the National Adaptation Plan process in […]
Iraqi Cabinet Pushes Ahead with Real Estate Projects
By John Lee. The Iraqi cabinet has authorizing the Tourism Authority to issue a direct invitation to at least three "robust and specialized" companies for the purpose of investing in two hotel real-estate projects: Najaf Hotel, in Al-Ghadeer District 2/395; Babylon Tourist Hotel in Hilla. (Source: Office of the Prime Minister)
IBBC's Autumn Conference - Open for Business Engagement
IBBC's Autumn conference is back with a bang and open for business engagement. On 22nd November this year the overarching conference topic is looking to the future with 'sustainability'- whether in terms of energy and renewables, the Iraqi economy and its diversification, or sustaining finance, logistics and training. Underpinning much of this is the application […]
Iraq Finalises September Oil Exports
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for September of 92,422,485 barrels, giving an average for the month of 3.081 million barrels per day (bpd), up slightly from the 3.054 million bpd exported in August. The exports from the oilfields in central and southern Iraq amounted to approximately 89,224,354 barrels, […]
Asiacell Increases Customer Base and Revenues
By John Lee. Mobile phone service Asiacell has reported a healthy increase in its customer base and local-currency revenue. In its results for the first nine months of the year, parent company Ooredoo said: "Asiacell reported revenue of QAR 2.8 billion during 9M 2021, a decrease of 8% mainly due to the devaluation of the […]
Iraq to Invest in Greener Technology
By John Lee. Iraq reportedly plans to invest $3 billion annually to transition from burning liquids to burning natural gas in its power plants. Deputy Prime Minister and Finance Minister, Ali Allawi (pictured), told the Middle East Green Initiative Forum in Saudi Arabia that Iraq will also end gas flaring by 2025. He also recommitted […]