Japan Invests Additional $600k for Life-Saving Services in Iraq
Japan Invests Additional US$ 607,500 for Life-Saving Maternal and Protection Services The Government of Japan approved an additional US$607,500 to support the continuation of reproductive health and gender-based violence-related services provided by UNFPA. In 2020, Japan contributed US$ 1.3 Million to increase the utilisation, access, and continuation of life-saving, survivor-centred, multi-sectoral gender-based violence and sexual […]
Headway's Iraq Grant supports 56 Companies, 700 Jobs
Headway's grant scheme builds resilience during pandemic: 56 companies supported, 700 jobs created The Headway Programme's Job Creation in KRI grant scheme has contributed to building resilience in the Kurdistan Region of Iraq (KRI) during the global health pandemic caused by COVID-19. Concluded on 31 March 2021, the project supported 56 companies and created over […]
Iraq Stock Market Up 7% on the Week
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th April 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD969 (+7.4%) / $855 (+6.7%) (weekly change) (+33.6% and +29.0% YTD change, respectively). The number of week traded […]
Customs Officer Jailed for facilitating Smuggling
By John Lee. Iraq's Federal Court of Cassation has ratified the imprisonment of a former director of the Customs Center at Najaf Airport. According to the Commission on Integrity, the director took money to allow the smuggling of 400 boxes of medicine through the airport. (Source: Commission on Integrity)
German Company to Inspect Iraq's Electoral Software
By John Lee. At a meeting on Tuesday, the Iraqi Cabinet approved the Independent High Electoral Commission (IHEC) decision to pay the German company Hensoldt to inspect the software running the country's electoral systems. The company, which has 5,600 employees, describes itself as "a pioneer of technology and innovation for defence and security electronics." General […]
Dhi Qar Protests: PM Replaces Governor
By John Lee. Iraq's Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Prime Minister addressed the developments in Dhi Qar province, and confirmed that, following consultations with key stakeholders, a new governor has been appointed to run the province and his name will be announced shortly. He […]
Iraq passes $89bn Federal Budget Bill
By Joe Snell for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq passes $89 billion federal budget bill The budget confronted issues of unemployment, currency devaluation and non-oil revenues and was passed as lawmakers prepare for October's general election; the […]
Director of Housing Project Jailed for Bribery
By John Lee. An Iraqi court has sentenced the director of the Baghdad Star [Najmat Baghdad] housing project to two years in prison and fine of IQD 10 million on a charge of bribery. According to Iraq's Supreme Judicial Council, the director giving an employee money to get investment licenses in Baghdad. (Source: Iraq Supreme […]
Iraq to Exploit Massive Natural Gas Reserves
Iraq Moves To Exploit Its Massive Natural Gas Reserves Writing in Oil Price, Simon Watkins says that despite Iraq's huge potential gas resources, it has made little progress on developing this potential either for associated or non-associated gas. But last week, a heads-of-agreement deal was announced with Total, to work jointly on four major projects […]
COVID-19: Iraqi Kurdistan reinstates Travel Ban
By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan reinstates travel ban Daily coronavirus cases are approaching historical highs in the autonomous part of northern Iraq as vaccination efforts proceed at a crawl. The Kurdistan Regional Government in Iraq restricted […]
The Station partners with Zain Iraq
The Station Foundation for Entrepreneurship is announcing its strategic partnership with Iraq's leading telecommunications company, Zain Iraq. This cooperation was brought out of a pressing need for collective cooperation amongst stakeholders; a vision both parties mutually share. Zain's expertise across the Middle East working on youth development coupled with The Station's great access to a […]
UNDP and swisspeace Building a Peaceful Iraq
Building a peaceful Iraq: New MoU between UNDP Iraq and swisspeace signed A Memorandum of Understanding (MoU) has been signed between the United Nations Development Programme (UNDP) Iraq and swisspeace, to strengthen efforts for peacebuilding and social cohesion in Iraq. The MoU provides a framework for collaboration and secures a two-year partnership between UNDP Iraq […]