Denmark gives another $11m for Iraq Demining
The United Nations Mine Action Service (UNMAS) in Iraq welcomes an additional contribution of DKK 73 million (over USD 11 million) from the Government of Denmark to mitigate the threat posed by explosive hazards and enable stabilization efforts in liberated areas of Iraq. The scale, scope, and complexity of explosive hazard contamination in liberated areas […]
Regulator "Blocks calls" to Korek Customers
By John Lee. Iraq's Communications and Media Commission (CMC) has reportedly ordered operators to block calls between their customers and Korek users in a dispute over number portability. According to Rudaw, the regulator told mobile network providers that Erbil-based Korek had failed to meet its “contractual obligations” to allow customers to keep their phone number […]
Chinese company "to build Monorail in Najaf"
By John Lee. Najaf Investment Commission has reportedly signed an initial agreement with a Hong Kong-based company to build a monorail for the city. According to Xinhua, the head of the commission said: "The project will provide an accessible and fast transportation way to the people of the city as well as all tourists." (Source: […]
Iraqi Airways Launches Munich Service
By John Lee. Iraqi Airways has commenced flights from Baghdad to Munich, Germany. The Minister of Transport, Abdullah Laibi, headed the delegation on the first flight. The flights are scheduled to run on Sundays. (Source: Ministry of Transport)
SSK Recruitment to open Office in Erbil
By John Lee. UK-based recruitment agency SSK Recruitment is reported to be looking to open an office in Erbil. Bdaily quotes Managing director Adam Smith as saying: “With all the uncertainty surrounding Brexit, we decided to focus on building relationships in the Middle East. "The margins are significantly higher in the Middle East than here […]
MP Hails Easing of Visa Restrictions between Iran, Iraq
The chairman of the Iranian Parliament’s National Security and Foreign Policy Commission hailed an agreement to ease visa restrictions between the Islamic Republic and Iraq as a major achievement of President Hassan Rouhani’s visit to the Arab country. “The president’s visit to Iraq after the withdrawal of Daesh (ISIS or ISIL) from the country and […]
Mafia-like Groups "key Threat to Iraq’s Future"
By Julian Pecquet for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. US singles out ‘mafia’-like groups as key threat to Iraq’s future The United States welcomes Iraq’s desire to be a “bridge” to its neighbors but will not accept “malign” […]
The IFSB Organises Workshop on Banking Standards in Iraq
By John Lee. The Islamic Financial Services Board (IFSB) is organising a Facilitating the Implementation of the IFSB Standards (FIS) Workshop in Baghdad, Iraq on 1 – 3 April 2019. This Workshop is hosted by the Central Bank of Iraq (CBL). The 3-day Workshop will focus on the following IFSB Standards: IFSB-15: Revised Capital Adequacy […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st March 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD589 (-2.5%) / $634 (-2.6%) (weekly change) (-10.6% and -10.7% YTD change, respectively). The number of week traded […]
Video: Push to Criminalise Domestic Violence
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Women in Iraq push to Criminalise Domestic Violence Domestic violence has been on the rise in Iraq, with women's groups blaming instability and the break down of law and order. However, there has […]
Has the Islamic State returned to western Anbar?
By Hamdi Malik for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Iraqi security forces have expanded their operations to track down members of the Islamic State (IS) in the vast Western Desert. The security forces, however, have yet to reach […]
Qatar-Iraq Trade Jumps 52 Percent
By John Lee. Trade between Qatar and Iraq rose by 52 percent last year to reach QR473 million compared to QR310 million in 2017, according to a report from Al Bawaba. Al Bawaba quotes Sheikh Khalifa bin Jassim bin Mohammed al Thani, the Chairman of Qatar Chamber, as saying that the most important Qatari imports […]