Belgium, Italy assist IDPs and Refugees in Iraq
Belgium and Italy support WFP's assistance to displaced families and refugees in Iraq The United Nations World Food Programme (WFP) welcomes two generous contributions from the Governments of Belgium and Italy of €1 million each (US$1.1 million) to assist internally displaced people (IDPs) and Syrian refugees in Iraq. "The vulnerable situation of IDPs and refugees […]
Iraq's Economy: Spotlight on Oil and Gas
On April 20, 2020, IRIS held a webinar entitled Iraq's Economy: Spotlight on Oil and Gas. The discussion focused on Iraq's economy amidst falling oil prices and additional pressures from the ongoing COVID-19 pandemic. Speakers included IRIS Senior Fellow and AFC Iraq Fund Chief Investment Officer Ahmed Tabaqchali, Iraq Correspondent for Associated Press (AP) Samya Kullab, […]
GKP Shares up 10% on Results
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were up around 10 percent on Thursday morning, following the company's announcement of its results for the year ended 31 December 2019. Jón Ferrier (pictured), Gulf Keystone's Chief Executive Officer, said: "2019 saw a step change in activity at Shaikan; we delivered production and controlled expenditures […]
Expert Blog: Iraq's Start-Ups will Overcome Coronavirus
By Alice Bosley and Patricia Letayf, Co-Founders of Five One Labs. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Start-Ups will Overcome Coronavirus - And Be More Important Than Ever Over the past months, coronavirus has changed the world as we know it. […]
Iraq Reduces Energy Imports from Iran by 75%
From Middle East Monitor, under a Creative Commons licence. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq reduces energy imports from Iran by 75% Iraq has reduced its electricity and gas imports from Iran by 75 per cent after achieving a strong […]
Iraq Relaxes Coronavirus Restrictions ahead of Ramadan
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 relaxes coronavirus restrictions ahead of Ramadan Iraq has scaled back some of its anti-coronavirus measures ahead of the fasting month of Ramadan, allowing certain businesses to reopen, the government said. […]
Iraq Falls in World Press Freedom Index
By John Lee. Iraq has fallen in the World Press Freedom Index for 2020, ranking 162nd out of 180 countries, down six places on last year. The result puts Iraq behind countries such as Turkey and Sudan, but ahead of Iran and Libya. First place went to Norway, with North Korea coming last. Reporters Without […]
Capacity Building for Reconstruction of Mosul's Cultural Heritage
UNESCO and ICCROM (The International Centre for the Study of the Preservation and Restoration of Cultural Property) sign an agreement on capacity building for the reconstruction of Mosul's cultural heritage. ICCROM, through its Regional Conservation Office in Sharjah (UAE), will provide a two-year capacity building programme for professionals and craftspeople to contribute to the reconstruction […]
Video: Volunteers step up efforts to Feed the Poor
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Poverty is on the rise in Iraq as more cases of COVID-19 are reported. Daily wage earners are being forced to stay at home because of the lockdown there. Volunteers are helping some […]
Fitch Downgrades Outlook for Trade Bank of Iraq (TBI)
By John Lee. Fitch Ratings has revised the outlook for the Trade Bank of Iraq (TBI) from "Stable" to "Negative". In a statement, it says that TBI's Issuer Default Rating (IDR)s are driven by the bank's Viability Rating (VR) and underpinned by potential sovereign support. "The revision of the Outlook to Negative from Stable follows […]
Kurdistan, Iraq discuss Oil Production
From Middle East Monitor, under a Creative Commons licence. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. An official Kurdish delegation arrived on Sunday in the Iraqi capital Baghdad to discuss oil production. "The delegation, led by the Kurdistan government's Finance Minister, Awat […]
Iraq announces Changes to Curfew, Other Restrictions
By John Lee. Iraq's Higher Committee for Health and National Safety held a meeting in Baghdad on Sunday via video conferencing under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The Committee decided the following: From 21/04 until 22/05, the curfew hours will be between 7 PM and 6 AM Sunday-Thursday, and for 24 hours […]