GardaWorld Weekly Security Report
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st February 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD605 (-3.7%) / $650 (-3.7%) (weekly change) (-8.3% and -8.5% YTD change, respectively). The number of week traded […]
GE Provides Turbine for Al Qudus Power Plant
GE Power has announced that it has provided an advanced 9E gas turbine to Iraq's Al Qudus Power Plant. The company will also service up to seven GE 9E gas turbines at the facility throughout 2019, including maintenance, supply of parts and rehabilitation. GE is installing the new gas turbine at the site and it […]
Kalimat Telecom selects Parallel Wireless
Parallel Wireless has announced that Kalimat Telecom, a subsidiary of Kuwait's Trade Links, has selected Parallel Wireless to build out their mobile broadband network in Iraq. According to the GSMA Mobile Economy: Middle East and North Africa 2018 report, Iraq has only a 52% wireless Internet penetration rate, presenting a great opportunity for telecom service […]
Australia increases contribution to De-Mining Iraq
The United Nations Mine Action Service (UNMAS) in Iraq has welcomed an additional contribution of AUD 2 million (approximately USD 1.5 million) from the Government of Australia to further enable stabilization and humanitarian efforts through explosive hazards management in liberated areas of Iraq. This brings the current three-year contribution from Australia to a total of […]
EU announces additional EUR 50m for Iraq
The EU has announced an additional €30 million in humanitarian assistance. Another €20 million in development funding will contribute to the reconstruction of the country's cultural heritage, as well as the creation of jobs and opportunities for vulnerable youth. The announcement was made by Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides (pictured), on […]
Iraq-Jordan Trade Deal stirs Iraqi Discontent
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Economic treaty between Iraq, Jordan stirs Iraqis' discontent Iraqi Prime Minister Adel Abdul Mahdi and his Jordanian counterpart, Omar al-Razza, signed 14 economic agreements Feb. 2 between the two countries, […]
Rumaila raises funds for Iraqi Children Foundation (ICF)
Staff at BP and the Rumaila Operating Organization (ROO) have raised $17,200 for the Iraqi Children Foundation (ICF). According to Julian O'Connell, Rumaila Deputy General Manager and BP Iraq General Manager, this is by far the largest amount they have ever raised with their annual charity fun run. ICF Director Cindy Fogelman expressed the charity's […]
Riyadh woos Iraqis with Security Talks, Economic Projects
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Riyadh woos Iraqis with security talks, economic projects Falih al-Fayadh, head of the Popular Mobilization Units and Iraq's national security adviser, visited Saudi Arabia Jan. 31 in a sign of the […]
Iraq Education Cluster Strategy 2019
The Iraq Education Cluster Strategy is a consultatively developed document that outlines the Cluster’s approach and operational plan for responding to the current emergency in Iraq. This strategy is intended to guide partners in their implementation of an effective, timely, and quality emergency response. It allows for better communication of the needs of crisis-affected children […]
Fulbright Teaching Excellence and Achievement Program (FTEA)
The U.S. Embassy in Baghdad is pleased to announce that the application period for the 2019-2020 Fulbright Teaching Excellence and Achievement Program (FTEA) is now open until March 15, 2019. This program will provide Iraqi secondary-school teachers the opportunity to spend six weeks at a host institution in the United States to observe classrooms and […]
Iran urges Visa-Free Regime with Iraq
Head of Iran’s Cultural Heritage, Handicrafts and Tourism Organization (ICHTO) Ali Asghar Mounesan said removing visa restrictions on travels between Iran and Iraq could serve the interests of both nations. Speaking at a meeting with Iraq's Culture and Tourism Minister Abdul Amir al-Hamdani, Mounesan, also a vice-president, praised bilateral relations between Tehran and Baghdad as […]