UNOPS awards Contracts for ICT Equipment
By John Lee. Baghdad-based Iraq Technical Support for Trading and General Contracts Ltd. has won contracts with the United Nations Office for Project Services (UNOPS) for the provision of ICT equipment to Iraq: Lot 1 - Laptops , Monitors and Keyboard Kits: Contract value $19,327.00 Lot 2 - Smart Mobile Phones: Contract value $3,839.00 Lot […]
New Potato Processing Plant for Duhok
By John Lee. KRG Prime Minister Masrour Barzani has laid the foundation stone of a potato production factory in Duhok, which is set to provide 500 jobs and make use of local potatoes. In his speech at the ceremony the PM said: "This is a great support for our people to rely on themselves, so […]
Emaar Properties to Develop Site at Baghdad Airport
By John Lee. The Iraqi cabinet has agreed to grant the Dubai-based Emaar Properties a plot of land for development at Baghdad International Airport (BIAP). The 1,000 acres will be used for a new residential area with integrated facilities, and a cultural and sports club with a golf course. (Source: Govt of Iraq)
GoGreen Promoting Social Innovation
By John Lee. Oxfam's Iraq Response Innovation Lab has shared a video summarizing the pitching event for one of its incubations under the GoGreen initiative for promoting social innovation. This is the first Social Enterprise incubation in Iraq with the participation of local NGOs. Please click here to view more information on the following businesses: […]
US announces Reward for Information about Attacks
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. US announces reward in targeting Iraqi militias The United States announced a $3 million reward for anyone who has information about attacks on diplomatic missions in Iraq. Click here […]
The Economist: There is Cause for Hope in Iraq
From The Economist. This week's edition of The Economist carries two articles on developments in Iraq: Few things are harder than building a state in Iraq (subscription needed) Relative peace gives Iraq a chance to build a functioning state (subscription needed)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th June 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD932 (+3.9%) / $801 (+4.6%) (weekly change) (+28.5% and +20.9% YTD change, respectively). The number of week traded […]
Rise in Iraqi Cancers may be linked to Wars, Environment
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. Rise in Iraqi cancer cases may be linked to wars, environment The causes of the spike may be linked to Iraq's wars or environmental pollution, but the evidence […]
Investment: Iraqi Cabinet Approves New City near Baghdad Airport
By John Lee. At their regular Cabinet meeting on Tuesday, Iraq's Council of Ministers approved the establishment of a new city around Baghdad International Airport (BIAP). The new city will be called Rafael [Rafeel], and it will cover 10,600 acres. The cabinet added that, "it will be available for investment opportunities, provided that the land […]
Denmark Donates another $8m to Iraq
The United Nations Development Programme (UNDP) in Iraq welcomes an additional DKK 50.3 million (US$8 million) contribution from the Government of Denmark to its flagship Funding Facility for Stabilization (FFS). The funding will support the safe return of people in areas liberated from ISIL in Iraq by rehabilitating critical infrastructure, creating livelihoods and building social […]
UNESCO Strengthens Iraq's Online Distance Learning
UNESCO strengthens MoE Iraq's capacities in online distance learning to respond to COVID-19 The closure of schools and disruption to learning brought about by the COVID-19 pandemic have highlighted the need to utilize online and distance modes of learning to promote learning continuity. Distance learning, known synonymously as online learning or e-learning, serves as a […]
Five One Labs announces Recipients of Growth Funding
Five One Labs, a start-up incubator for entrepreneurs based in the Kurdistan Region of Iraq (KRI), has announced the grant recipients of its Growth Funding Project (GFP). The program aims to support early- and later-stage startups that were impacted by COVID-19 with seed funding grants to grow their businesses, as well as business advisory from […]