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 […]
Funding Opportunity for Iraqi Projects
Request for Statements of Interest: FY21 DRL Iraq Programs The U.S. Bureau of Democracy, Human Rights and Labor (DRL) has announced a Request for Statements of Interest (RSOI) outlining project concepts and capacity to manage programs in Iraq that will: strengthen effective governance; increase political participation and civic activism; promote fundamental freedoms; and support atrocity prevention, accountability, and […]
Al Majal Signs Agreement with Iraq Drilling Company (IDC)
Al Majal Signs a Partnership Agreement with Iraq Drilling Company (IDC) Al Majal has signed a three-year partnership agreement with Iraq Drilling Company (IDC). The agreement aims to develop IDC's technical teams and to qualify its specialized maintenance workshops in accordance with international standards. In an online statement published by IDC, the company said that […]
A Christmas Gift for Iraqi Children
A message from the Iraqi Children Foundation (ICF): Dear friends of Iraqi children, Need a holiday gift idea for family, friends, employees? Need to increase your year-end tax-deductible donations? We can help! Make a gift in honor of someone special, and we will send you our two beautiful digital ICF Christmas cards, which you can share […]
Iraq's Sunni Parties Compete for Parliament Speaker
By Akeel Abbas for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi Sunni parties compete for parliament speaker Two large Sunni coalitions, the Taqaddom alliance led by Muhammad al-Halbusi and the Azm [Azem] alliance led by Khamis al-Khanjar, are competing […]
Jiyad: IEITI Annual Reports Continue, but Changes are Needed
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. IEITI Annual Reports Continue but Changes in Form, Quality and Substance are Crucial and Needed Iraq Extractive Industry Transparency Initiative (IEITI) issued its 2018 annual report and, currently, is processing its combined […]
Iraq Announces Second Construction Bond Issuance
By John Lee. The Ministry of Finance has directed the Public Debt Department, in cooperation with the Central Bank of Iraq (CBI) to launch a second issue of construction bonds, which will be tradable on the stock market. The bonds, also know as a "binaa bonds", will be available for trading for a period of […]
Iraqi Cabinet Approves Scatec Solar Projects
By John Lee. The Iraqi Cabinet has approved the Ministry of Electricity entering into a the contract for the construction of two solar energy projects in Karbala (300 megawatts) and Alexandria/Iskandariya (225 megawatts). The Ministry of Oil had previously announced the project in October, involving a consortium of companies led by the Norwegian Scatec, whose […]