Iraq, Jordan, Egypt Economic Partnership gains Momentum
By Muhammed Magdy 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, Jordan, Egypt economic partnership gains momentum The tripartite meeting between the foreign ministers of Egypt, Jordan and Iraq, and the ensuing agreements to boost cooperation raises questions about […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd Oct 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD679 (-0.3%) / $699 (-1.1%) (weekly change) (+3.0% and -0.2% YTD change, respectively). The number of week traded […]
Alstom signs Letter of Intent for Baghdad Elevated Train
Alstom and the Iraqi Ministry of Transport sign a Letter of Intent for the implementation of the Baghdad Elevated Train An Alstom-led Consortium, together with its partner Hyundai Engineering & Construction, have signed a Letter of Intent with the Iraqi Ministry of Transport to define a framework for all the appropriate steps to accelerate the […]
Iraq invites Int'l bidders to Mansuriya Gas Field
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 invites international bidders to Mansuriya gas field Iraq has invited international bidders to develop its Mansuriya gas field near the Iranian border, Iraqi Oil Minister Ihsan Abdul Jabbar told […]
MoU to Boost Private Sector in Iraq
The United Nations Development Programme (UNDP) in Iraq and the Iraqi Ministry of Planning (MoP) have today signed a new Memorandum of Understanding (MoU) that will boost the private sector through micro, small and medium enterprises, create job opportunities and support an inclusive growth policy. The MoU provides a general framework for cooperation between the […]
Kuwaiti Firm to provide Passenger Services at Baghdad Airport
The Iraqi Civil Aviation Authority (ICAA) has contracted Kuwait's National Aviation Services (NAS) to upgrade and operate passenger-handling services and processes at the Baghdad International Airport. NAS will extend its expertise and resources at the Babylon and Samara passenger terminals as well as the international transit halls. NAS will also be responsible for the refurbishment […]
Iraq and France sign 3 Agreements
By John Lee. Iraq and France have signed three Memorandums of Intent during a visit by Mustafa Al Kadhimi, Prime Minister of Iraq, to Paris. According to a statement from the Government of Iraq, the agreements relate to the Baghdad suspension railway project; strengthening the institutional capacities of the Iraqi Ministry of Agriculture; and, increasing […]
Economic Drivers of Youth Political Discontent in Iraq
Economic Drivers of Youth Political Discontent in Iraq: The Voice of Young People in Kurdistan, Baghdad, Basra and Thi-Qar Exactly one year on from the start of widespread popular protests on the 1st of October 2019, this rapid piece of research aims to respond directly to the tumultuous events of the past year and explores […]
IBBC announces SME Award in memory of Rasmi al Jabri
From the Iraq Britain Business Council (IBBC): IBBC holds dual dinner in London and Baghdad to celebrate the life of Rasmi AL Jabri and establish an award in his name On Thursday, 14th October, IBBC hosted a single reception and dinner in memory of Engineer Rasmi Al Jabri, our late Deputy Chairman and Founding Member […]
New USAID-funded Business Accelerator in Iraq
The United States Agency for International Development (USAID) and Top Mountain have launched a Business Accelerator Project to assist micro, small, medium-sized businesses (MSMEs) in Iraq to provide immediate assistance to help their business recover, develop, and grow. In support of this effort, Top Mountain will distribute USAID-funded grants to 15 Iraqi businesses. These grants […]
New Food Delivery App to enter Iraq
By John Lee. Kuwait-based food and grocery delivery app Talabat has announced the expansion of its services into Iraq. The app, which operates in eight markets throughout the MENA region, will initially launch operations in Erbil in early 2021, before expanding into Federal Iraq in 2021. Founded in Kuwait in 2004, talabat continues to revolutionise […]
Iraq's Central Bank "at Risk of Losing its Independence"
By Farhad Alaaldin, for Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region rice farmers harvest bumper crop Finance Minister Ali Allawi said in a press conference following the adoption of the White Paper for Economic Reform by the Council of Ministers […]