ADIB launches Digital Banking Platform in Iraq
Abu Dhabi Islamic Bank (ADIB) has said it will strengthen its presence in Iraqi market by launching "ADIB Direct", a digital platform that meets the growing business demands in Iraq. ADIB Direct is an intuitive digital banking platform that integrates a suite of corporate banking solutions into a single, streamlined interface. The platform offers cash […]
Petrofac Iraq Revenues Down
By John Lee. Petrofac has announced that for the year ended 31st December 2020, the company had revenues of $238 million in Iraq -- $105 million in engineering and construction, and $133 in engineering and production services. This represented about 6 percent of the company's total turnover, and was down from a total of $325 […]
New Steel Factory in Opens in Erbil
KRG Prime Minister Masrour Barzani on Tuesday inaugurated the largest and most advanced steel factory in Iraq and the Kurdistan Region which will create 1,000 job opportunities, a flagship project of the Kurdistan Regional Government's ambitious economic reform agenda. At the inaugural ceremony, the Prime Minister affirmed the industrial project is one of many strategic […]
The Station launches Entrepreneurship Program in Mosul
With the support of Asiacell, The Station Foundation is currently implementing I'dad program as part of the services provided to entrepreneurs, university students, and recent graduates. The program aims to prepare some trainers from the city of Mosul in the fields of entrepreneurship and design thinking in all its stages through intensive training which lasted […]
Europe "needs to take a Lead on Iraq"
By Christian Koch, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Europe needs to take a lead on Iraq As it is beginning, the Biden administration has an opportunity to refocus US attention in the Middle East, and in […]
IBBC Webinar: Iraq Agritech
The modernisation of Iraqi agriculture is a priority for the current Government of Iraq. IBBC is holding what intends to be an interesting panel of world leading experts on the subject, to showcase, explain, inspire and encourage Iraq to accelerate its investment in Agritech. Join us on 1st June at 2.30pm to listen to and question the […]
KRG Invests in Major Wheat Industry Project
As part of its efforts to transform the Kurdistan Region into a competitive producer, the Kurdistan Regional Government has invested in strategic projects to strengthen and expand the region's agricultural sector and food industry. One of these landmark projects is the Wheat Marketing Project, which Prime Minister Masrour Barzani launched on Nov. 1, 2020 as […]
Private Sector Development: Iraq's Long-lost Solution
By Mohammed Hussein, for The Iraqi Economists Network (IEN). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Private Sector Development: Iraq's Long-lost Solution Six years passed since the Iraqi government launched its Private Sector Development Strategy 2014-2030, aiming to reform regulatory frames and market conditions […]
The Dutch Disease and Iraq's Foreign Exchange Rate
By Dr. Zeki Fattah, for The Iraqi Economists Network (IEN). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Dutch Disease and Iraq's Foreign Exchange Rate Economists who studied the reasons for the low per capita growth of GDP in developing countries that rely […]
Saudi Arabia to Rehabilitate Ibn Al-Khatib Hospital in Baghdad
By John Lee. The Saudi embassy has announced that King Salman bin Abdulaziz will fund the rehabilitation of Ibn Al-Khatib Hospital in Baghdad, as a gift to the Iraqi people. A fire at the hospital last month killed at least 82 people, and left more than 100 injured. Saudi Arabia will also take critically ill […]
Video: Iraq's PM al-Kadhimi talks to Al Jazeera
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. It has been one year since Iraq's Prime Minister Mustafa al-Kadhimi took office. But the country has been marked in recent decades by conflict, turmoil and instability. So how promising does the country's […]
What Arab Gulf countries can learn from Iran's approach to Iraq
By Nussaibah Younis, for the European Council on Foreign Relations (ECFR). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The gulf between them: What Arab Gulf countries can learn from Iran's approach to Iraq The Gulf Arab states are leagues behind Iran in […]