IMF Report into Iraq's Customs and Tariffs
By John Lee. The International Monetary Fund (IMF) has published a new report into Iraq's customs and tariff arrangements. This report summarizes key findings and recommendations from a remote technical assistance (TA) assignment performed by a short-term expert (STX), Mr. Djamel Bouhabel, from January 17 to February 4, 2021, to the General Customs Authority of […]
Dana Gas Expansion Plans "Well Underway" in Kurdistan
By John Lee. Dana Gas PJSC announced that its H1 2021 collections from the Kurdistan Region of Iraq (KRI), and Egypt have increased 106% year-on-year to $185 million (AED 678m), the highest level in more than five years. Dana Gas, which owns a 35% stake in Pearl Petroleum, saw its share of collections from sales […]
Iraq, Jordan sign Agreement on Electrical Interconnector
By John Lee. Iraq and Jordan have reportedly signed an agreement to implement the electrical interconnector between the two countries. The Iraqi and Jordanian Ministers of Electricity met to discuss the details of the project on Thursday. (Source: Shafaq, Basnews)
Iran presses for Visa Waiver from Iraq
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran presses for Visa Waiver from Iraq Iranian authorities continue to pressure the Iraqi government into waiving its travel visa between the two countries. Click here to read the […]
Al-Sadr to sit out October Election
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. Iraqi Shiite leader Sadr to sit out October election Muqtada al-Sadr also said he would withdraw his support for the current government and its replacement. Click here to read the full […]
Launches of Young People's Advisory Group (YPAG) in Iraq
UNICEF Iraq launches the Young People's Advisory Group (YPAG) to enhance dialogue between UNICEF and young people in Iraq UNICEF announced its renewed commitment to support inclusive meaningful systematic participation of young people in Iraq, through the creation of the Young People's Advisory Group (YPAG), with the goal of empowering young people to be civically […]
4,000-year-old City discovered in Iraq
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. 4,000-year-old city discovered in Iraq A group of Russian archaeologists made an impressive discovery in Iraq's Dhi Qar governorate, where an ancient settlement about 4,000 years old was […]
Zain Hit by Iraqi Dinar Devaluation
By John Lee. Zain Iraq's H1 2021 revenue reached USD 376 million, and EBITDA amounted to USD 145 million, reflecting an EBITDA margin of 39%. Net profit reached USD 24 million for the period. The operator's customer base increased by 7% to reach 16.1 million customers maintaining its market leading position. It should be noted […]
Iraqis Campaign Against Impunity for Violence
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqis campaign against impunity for violence Activists in Iraq and abroad are seeking to pressure Iraqi authorities into preventing impunity for perpetrators of abuses. Click here to read the […]
Schools get Training on Education Management Information System
UNICEF, in partnership with UNESCO, Ministry of Education (MoE), and Directorates of Education (DoE), have conducted the first Education Management Information System (EMIS) training workshop in Rasafa district, Baghdad. This is part of a European Union (EU) funded project that mainly trains education personnel on the new EMIS, which collects and disseminates data to support […]
Privy Innovations to represent Edmundson Export in Iraq
By John Lee. A newly incorporated company called Privy Innovations (PI) is to be the sole representative of UK-based electrical wholesaler Edmundson Export in the Iraqi market (including Iraqi Kurdistan). The new business is headed by Aziz Shwan Ahmed, previously Chief of Staff to Iraq's Deputy Prime Minister, and currently a member of the Advisory […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th July 2021). ISX will be closed starting from Jul. 18 to Jul. 22 due to the religious holiday of Eid Al-Adha. The next trading session will be held on Jul. 25. Please click here to view a table of listed companies and […]