Yarmouk Park Rehabilitation Project Launched
EU-funded programme Supporting Recovery and Stability in Iraq through Local Development - Launch of the Yarmouk Park Rehabilitation Project in Mosul Mosul local authorities and citizens gathered in Al Yarmouk Park in West Mosul on 2 May 2019 to launch the rehabilitation works that will be conducted under the programme Supporting Recovery and Stability in […]
Iraq hopes for Dilemma-less Summer
By Farhad Alaaldin for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. It has been six months since Baghdad formed its new government, and no major political crises have arisen. For Iraq, this is unheard of. This could be the result […]
Market Review: “Economy continues to Recover”
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. The market, as measured by the Rabee Securities RSISUSD Index, increased by +2.5% in April, bringing the YTD decline to -11.8%. Average daily turnover, excluding […]
Energy tops agenda of Turkish FM's meetings in Iraq
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Energy tops agenda of Turkish FM's meetings in Iraq Turkey’s Foreign Minister Mevlut Cavusoglu met with Iraqi Kurdish leaders recently on the last leg of an ambitious visit to […]
US launches $5m Airport Security Program
The U.S. Embassy in Baghdad and Iraq Civil Aviation Authority (ICAA) officials are celebrating the launch of a $5 million Iraq airport security program. This U.S. Government-funded initiative will provide both training and equipment in close coordination and partnership with Iraq civil aviation experts. During his remarks at the launch reception, U.S. Embassy Chargé d’Affaires […]
Chartered flights from Netherlands to Kurdistan
By John Lee. The Turkish charter company Freebird Airlines will reportedly offer flights from Eindhoven Airport in the Netherlands to Erbil and Sulaymaniya throughout the summer. According to Eindhoven News, flights depart once a week from April to October. (Source: Eindhoven News)
Zain Iraq sees 77% Growth in Net Income
By John Lee. Zain Iraq has posted a growth in net income of 77 percent. In its results statement for Q1 2019, the company said: "Zain Iraq performed exceptionally well in Q1 2019 when compared to the corresponding three-month period in 2018, with revenue reaching USD 262 million, and EBITDA having reached USD 109 million, […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd May 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD586 (+0.2%) / $630 (+0.2%) (weekly change) (-11.2% and -11.3% YTD change, respectively). The number of week traded […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Operations Officer, The World Bank Operations Analyst, The World Bank Program Assistant, The World Bank Senior Operations Assistant, IOM - International Organization for Migration Senior Community Engagement Assistant, IOM - International Organization for Migration Field Security Officer, IOM - International Organization for Migration […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Human Rights Officer, UNAMI - United Nations Assistance Mission for Iraq National Communications Officer, IOM - International Organization for Migration Programme Analyst, UNDP - United Nations Development Programme International Consultant, UNDP - United Nations Development Programme (Source: UN) (Picture: Success, growth, career, […]
Iraq's First Tech Conference highlights Huge Potential
By Padraig O'Hannelly. More than 100 guests gathered at the Babylon Hotel in Baghdad on Tuesday to attend Iraq's first Tech Conference. Hosted by the Iraq Britain Business Council (IBBC) and chaired by Ashley Goodall, the event brought together the leading companies involved in the technology sector in Iraq to discuss how the power of […]
Siemens agrees EUR 700m Contracts in Iraq
Germany's Siemens and the Iraqi Ministry of Electricity have agreed on the award of contracts valued at approximately EUR 700 million for Phase 1 of their "Iraq Roadmap", covering short-, mid- and long-term addition of new highly-efficient power generation capacity, rehabilitation and upgrade of existing plants, and the expansion of transmission and distribution networks. The […]