Iraq Repays more than $20bn in Foreign Debt
Iraq has paid back more than $20 billion in foreign debt, the head of the parliamentary finance committee Haitham Al-Jubouri has said. “Iraq’s foreign debt amounted to more than $50 billion. More than $20 billion was paid back over the last period,” Al-Jubouri told the Iraqi news agency. According to the official, Iraq still owes […]
Norway contributes $2m to end GBV in Iraq
“We had to run quickly: they were coming in at us. We could hear them from far. My whole life crumbled that same moment. I froze but I could hear my sister screaming: “move or they will kill you, or worse take you,” said Minar from Qamishli, in Syria, recollecting the moment she and her […]
Iraq plans Self-Sufficiency in Dairy Products
By John Lee. The Minister of Industry and Minerals, Dr. Saleh Abdullah Al-Jubouri, has said Iraq is determined to achieve self-sufficiency in "various dairy products". He made the comments during a visit to the Abu Ghraib Dairy Factory, which is operated by the Ministry's General Company for Food Products. The plant has recently been expanded, […]
New Report from IOM: Made in Iraq
By John Lee. Among many other priorities in the recovery of post-conflict Iraq, access to employment for the population in conflict-affected regions remains paramount. The ability of the population to earn a living wage impacts the recovery process and has a direct bearing on future stability. The International Organization for Migration (IOM) created the Enterprise […]
Dramatic Scale-Down of US Presence in Iraq
By Robbie Gramer, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The U.S. State Department sent Congress this month detailed plans to dramatically and permanently reduce the number of U.S. diplomats in Iraq, a measure that critics say runs directly […]
An Iraq for All Iraqis
By Yassir Khudayri, for Open Society Foundations (OSF). In early October 2019, in Baghdad’s Tahrir Square and in many of Iraq’s other major cities, young Iraqis took the streets, chanting slogans such as “with life and blood we defend you, Iraq.” To those unfamiliar with the specifics of political and social life in the Middle East, […]
Netherlands Supports Explosive Hazard Management in Iraq
The Dutch Government Reiterates its Support to Explosive Hazard Management Activities in Iraq The United Nations Mine Action Service (UNMAS) in Iraq welcomes an additional contribution of EUR 3 million (approximately USD 3.5 million) from The Netherlands to mitigate the threat posed by explosive hazards and enable the return of displaced communities to their areas […]
UNDP E-Tendering Training in Kirkuk
In continuing of training sessions conducted in 2017, 2018 and early 2019 for the potential firms/companies throughout Iraq, UNDP Country Office Iraq is planning to conduct E-Tendering training session for firms/companies who have not yet registered with the E-Tendering portal of the UNDP based in Kirkuk Governorate. The training sessions will be conducted on 23 […]
Big Fines for Dinar Auction Fraud
By John Lee. Iraq's Commission of Integrity has revealed that it has concluded cases resulting in fines of more than 245 billion dinars ($206 million) on private banks, due to violations relating to customs licences and foreign currency auction instructions for 2012. The CoI mentioned that one of these corruption cases related to a private […]
US Sanctions Driving Iran to Tighten Grip on Iraq
By James Risen, for The Intercept. Massive, sustained protests in Baghdad and Tehran that have been met with violent responses from security forces throughout the fall and winter have rapidly altered the political dynamics in both Iraq and Iran. But it is still uncertain whether the grassroots anger that has erupted will lead to significant […]
Iraqis await Fallout from Expose on Iranian Influence
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqis await fallout from NYT expose on Iranian influence Many Iraqis are waiting for the other shoe to drop after The Intercept and The New York Times published "The Iran […]
Korean Cosmetic Brand enters Iraqi Market
By John Lee. Korean cosmetic brand Missha has reportedly entered the Iraqi market. According to Korea News Plus, the brand, owned by Able C&C, has opened its first store at the Zayoona Mall in Baghdad. (Source: Korea News Plus)