Testing the Potential of Solar in Iraq
Characterized by long, hot and clear summers, Najaf, Iraq's holy city, seems like the ideal place to realize the potential for solar energy in Iraq. Which is why in 2016, Najaf was selected as one of three sites to pilot rooftop solar photovoltaic (PV) systems, testing their potential for application across the sunny nation. Energy […]
New Hospital Opened in Basra
By John Lee. Dar Al-Shifa Hospital has been opened in Al-Zubair district in Basra Province. The hospital, a private-sector investment project which created 100 new jobs and cost $24 million, has a capacity of 60 beds, five operating theatres, an ophthalmology centre, a dental clinic, a maternity ward, an emergency department, laboratories and a pharmacy. […]
Iraqi Parliament Approves Massive Borrowing
By John Lee. The Iraqi parliament has reportedly authorised borrowing of up to $5 billion (Dh18bn) from abroad after the fall in oil prices caused a financial crunch. According to The National, the vote came a few days rating agency Fitch forecast the economy to shrink 9 per cent this year and debt to skyrocket. […]
Iraq's Airports Remain Closed amid Rising COVID Cases
By Adam Lucente for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Frustration builds as Iraq's airports remain closed amid rising virus cases When Iraqi aviation authorities first closed airports to commercial passenger flights March 17 in an effort to curb the spread of […]
Ferrier Steps Down as CEO of GKP
Gulf Keystone Petroleum (GKP) has announced that Jón Ferrier (pictured), Chief Executive Officer, has informed the Board of his intention to retire from the Company upon appointment of a successor and after a period of handover. The Company is now commencing a formal, externally facilitated, search process and will provide an update as and when […]
Video: Coronavirus Threatens Herders in Iraq's Marshes
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The coronavirus pandemic is affecting a community in Iraq's historic marshes. For years, people there have relied on the wetlands for herding water buffaloes. But the pandemic is now threatening their livelihood. Al […]
UAE Sends Medical Aid to Iraq to Fight COVID-19
The UAE has sent an aid plane carrying 10.5 metric tons of medical supplies to Iraq to bolster the country's efforts to curb the spread of COVID-19. This aid will assist approximately 10,500 medical professionals as they work to contain the virus. Commenting on the aid delivery, Mohamad Saleh Altenaiji, Charge d'affaires of the UAE […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th June 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD581 (-2.0%) / $603 (+3.1%) (weekly change) (-11.9% and -14.0% YTD change, respectively). The number of week traded […]
AMAR Panel Discussion on Healthcare in Iraq
By John Lee. The AMAR International Charitable Foundation is delighted to invite you to attend an on line Zoom panel of Iraqi medical experts from the World Health Organisation, IBBC healthcare and our front-line doctor, live from the IDP camps, to discuss the current healthcare situation in Iraq and the immediate challenges in Iraq and […]
dnata Recognised for Safety Standards in Erbil
By John Lee. The International Air Transport Association (IATA) awarded dnata the IATA Safety Audit for Ground Operations (ISAGO) Registration in Iraq, following the successful completion of a comprehensive audit of the company and its ground-handling operations at Erbil International Airport (EBL). Tom Alwyn-Jones, General Manager of dnata Erbil, said: "We are thrilled to mark […]
Video: Doctors Warn of Surge in COVID-19 Cases
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq is seeing an unprecedented rise in the number of coronavirus infections as doctors warn the healthcare system is close to collapse. Ten days after the government decided to partly ease the curfew […]
Iraqi Protesters set sights on Local Governors
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi protesters set sights on local governors Protesters in central and southern Iraq are demanding the sacking of governors and local government administrators. The protests have spread to Kirkuk, where demonstrators called for removing […]