Iraq to Release Frozen Iranian Funds
The Governor of the Central Bank of Iran has said his negotiations with Iraqi officials have yielded "positive" results, as the Arab country has given its approval to the release of Iran's frozen assets for the purchase of basic commodities. In remarks on Monday, Abdolnasser Hemmati said he held a trilateral meeting with Governor of […]
New Shipping Service between Umm Qasr and Oman
By John Lee. ASYAD Group has announced that it has launched the first shipping line between Oman ports (Salalah, Duqm, Sohar) and Iraq's Umm Qasr Port. According to the company, the new weekly service will open up new investment opportunities between Oman and Iraq, and provide options for import and export between the two countries […]
US donates $2.2m for Veterinary Services in Iraq
FAO receives 2.2 million dollars from the Defense Threat Reduction Agency, DTRA/USA, to strengthen veterinary services in targeted provinces in Iraq The Food and Agriculture Organization of the United Nations (FAO) has welcomed the additional contribution of 2.2 million dollars from the Defence Threat Reduction Agency, DTRA/USA, to strengthen veterinary services in targeted provinces in […]
Time to focus on Girls in Iraq
Their voice, our equal future, time to focus on girls in Iraq 11th October marked the International Day of the Girl Child, a day dedicated to girls' empowerment, fulfilment of girls' rights and solving challenges that they face. This year, the global theme is "My Voice, Our Equal Future," a reminder to listen to girls […]
Market Review: "Still the Dog Days of Summer"
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "Still the Dog Days of Summer" The unusually, more subdued than normal "dog days of summer" witnessed in August were extended into September […]
UNDP makes Policy Recommendations for Iraq's Economic Recovery
Impact of COVID-19 on the Iraqi economy: New report highlights policy recommendations for Iraq's economic recovery Expanding social security coverage for vulnerable groups, increasing revenue generation to fund key Government programmes, and allocating more resources to develop the private sector are some of the key recommendations made by the United Nations Development Programme (UNDP) in […]
KRG PM convenes Supreme Economic Council
KRG Prime Minister Masrour Barzani convenes Supreme Economic Council KRG Prime Minister Masrour Barzani today presided over a meeting of the Supreme Economic Council to discuss challenges and opportunities for greater economic growth and prosperity in the region. Joined by Deputy Prime Minister, Qubad Talabani, Prime Minister Barzani affirmed the government is pursuing its ambitious […]
Corruption continues to Threaten Iraq's Stability
By Azhar Al-Ruabie for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Corruption continues to threaten Iraq's stability Iraqi Prime Minister Mustafa al-Kadhimi visited the city of Nasiriyah on Oct. 5 and confirmed that there are 270 uncompleted projects, some of them unfinished […]
Will Washington Risk a Collapse in Iraq?
By Robert S. Ford, Gönül Tol, Paul Salem, Marwa Maziad and Marvin G. Weinbaum, for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Five of MEI's experts give their opinions of the changing relationship between the United States and […]
UNAMI welcomes Agreement on Sinjar
Welcoming the agreement between the Federal Government of Iraq and the Kurdistan Regional Government (KRG) on the status of Sinjar district in Ninewa as a "first and important step in the right direction", the United Nations Assistance Mission for Iraq (UNAMI) expressed hope that it would pave the way for a better future. Sinjar witnessed […]
Iraqi Shiites march on Karbala
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Despite COVID-19, political crisis, Iraqi Shiites march on Karbala The commemoration of Arbaeen in Iraq was different this year due to the unique circumstances of the pandemic and political conflict. Shiites across the […]
Confronting the Traumatic Fallout of War in Iraq
By Hussein Al-Alak, Editor of Iraq Solidarity News (Al-Thawra). Re-published with permission by Iraq Business News. In May 2005, the UN announced that Iraq was "about to become a transit station for heroin", where after being "manufactured in Afghanistan is heading towards Europe through neighbouring Iran". In 2013, it was reported that "violence, unemployment and […]