Senior Officials Discuss Iran-Iraq Trade Ties
Iranian Foreign Minister Mohammad Javad Zarif and Iraqi President Barham Salih weighed plans for the development of the economic and trade ties between the two countries. Zarif met with President Salih in Baghdad on Sunday for talks on a range of issues. In the gathering, Zarif and Salih highlighted the age-old and historic relations between […]
Fake Bomb Detector Conman Released from Jail
By John Lee. The British conman who made an estimated £50 million from selling fake bomb detectors in Iraq has reportedly been freed from jail. According to The Sun, James (Jim) McCormick claims that his fortune and lavish lifestyle has disappeared, and that a lawnmower is now his only possession. Security officials believe his scam […]
Kurdistan Region: Arabs "Blocked From Returning"
By John Lee. The Kurdistan Regional Government (KRG) is preventing about 1,200 Arab families from returning home to 5 villages more than 6 years after the area was retaken from the Islamic State (also known as ISIS), Human Rights Watch (HRW) said on Sunday. KRG authorities have allowed Kurdish residents in neighboring villages, in the […]
PM Promises 4G Connectivity by End-2020
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi has promised to have 4G mobile services available in Iraq by the end of the year. Speaking at a press conference in Basra, al-Kadhimi added that introduction will have an impact on the economy of Iraq. (Source: Govt of Iraq)
Iraq's Digital Innovators
This article has been originally published in the GIZ magazine 'akzente' at https://akzente.giz.de/en/artikel/iraqs-digital-innovators. It is reprinted here by kind permission of GIZ. A new generation of young Iraqi entrepreneurs are confronting the country's challenges, even during the coronavirus pandemic. Text und Fotos: Olivia Cuthbert The streets are eerily silent in Mosul's old city. A fierce […]
Iraq to Reopen Airports This Month
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq will reopen its airports on July 23, the government announced today [Thursday]. The monthslong ban on international passenger flights stranded many people in the country, but Iraq is still recording […]
US Praises Deal to Import Electricity from GCC
The text of the following statement was released by the Governments of the United States of America, the Republic of Iraq and the Gulf Cooperation Council (GCC): The Government of Iraq, Gulf Cooperation Council, and United States have renewed their full support for the Gulf Cooperation Council Interconnection Authority (GCCIA) project to connect the electricity […]
Investment in Services is Crucial for Returning Yazidi Families
Six Years After Yazidi Genocide, Investment in Services is Crucial for Returning Yazidi Families Nearly six years after the Yazidi genocide, up to 200,000 Yazidis are still displaced, many living in camps only hours away from their homeland of Sinjar, in Iraq's Ninewa Governorate. Despite previous low levels of return, June 2020 saw a marked […]
US squeezes IS Cash Flow with New Sanctions
By Elizabeth Hagedorn 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 squeezes Islamic State's cash flow with new sanctions The United States and six other countries imposed fresh sanctions today on half a dozen targets accused of helping fund […]
Coronavirus: US could Lose Kurdistan to China
By Yerevan Saeed for Al Jazeera. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Coronavirus could cause US to lose Iraqi Kurdish region to China Since the start of the COVID-19 crisis, China has been working to expand its influence over the KRG […]
COVID Survivors sell Plasma on Iraq's Black Market
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. Virus survivors rake in cash for plasma on Iraq's black market For five days, Qusay al-Zaidi searched for a recovered coronavirus patient to give him plasma for use in the treatment of his […]
Webinar: Opportunities and Challenges for Diversification in Iraq
Iraq Business News would like to recommend an excellent and informative webinar from the Iraq Britain Business Council (IBBC)'s Young Executives Network (YEN), featuring a discussion with Ali Al-Saffar, the Middle East and North Africa Program Manager at the International Energy Agency (IEA) in Paris. Ali shared his insights on "The importance of oil and […]