Corruption Probes: Iraq takes Custody of Officials
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. Iraq is boosting its efforts to extradite fugitives wanted in corruption cases. On Jan. 25, Iraqi authorities in cooperation with Interpol took custody of former Trade Minister Abdel […]
Conserving Iran and Iraq’s Wetlands
There’s growing awareness in the Islamic Republic of Iran that wetlands are valuable and sustain livelihoods. Ramsar, “the gem of northern Iran”, is the town that gives its name to the Ramsar Convention. The Convention is an intergovernmental treaty that provides the framework for national action and international cooperation for the conservation and wise use […]
Four Special Economic Zones open for Investment
By John Lee. Iraq's National Investment Commission (NIC) has included four Special Economic Zones in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Huteen zone/ Babylon Province for medium & heavy engineering manufacturing. Huteen is located […]
Iraqi Stock Market Jumps 11%
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st Feb 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD876 (+10.8%) / $912 (+11.0%) (weekly change) (+8.0% and +9.1% YTD change, respectively). The number of week traded […]
$210m Project to Improve Baghdad Water
Iraq: 5 Million Residents in Baghdad to Benefit from Improved Water Supply and Wastewater Services A US$210 million World Bank project will improve the quality of drinking water supply and wastewater services to 5 million residents in Baghdad who suffer from water shortages and the outbreak of waterborne diseases due to inadequate infrastructure, rapid population […]
Rotork to supply Karbala Refinery Project
By John Lee. British-based engineering company Rotork is to supply the Karbala Refinery project in Iraq. According to a press release from the company, Rotork will provide large quantities of IQ3 non-intrusive intelligent electric valve actuators, designed specifically for automated flow control systems in hazardous environments. Due to open in 2020, the State Company of […]
Baghdad "Stops" several Kurdish Landline Services
By John Lee. Iraq’s Communications and Media Commission (CMC) has reportedly ordered several Kurdish communication companies to stop providing landline services. According to a report from Rudaw, the CMC ordered that all companies licensed by them should cut communications with companies that are not licensed, including Fast Link, Newroz, Link Tech, Wego/7net-layer, Nawant, Kurdtel, Tishknet […]
From Tears to Joy -- Run for Children like Noor
The Iraqi Children Foundation (ICF) has announced the roster of Honorary Co-Chairs for the May 5, 2018, IN THEIR SHOES 5K to benefit Iraq's most vulnerable children: His Excellency Fareed Yasseen, Ambassador of Iraq to the United States Ambassador Ryan Crocker (Ret.), Former US Ambassador to Iraq and recipient of the Presidential Medal of Freedom Lt. General Jeffrey […]
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 […]
$6bn Iraqi Port Development available for Investment
By John Lee. Iraq's National Investment Commission (NIC) has included the "Grand Port of Al Faw" in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Project cost: $6 billion Location: Basra Design capacity: Phase one 2018: […]
New Career Opportunities in Iraq
By John Lee. The United Nations has advertised new positions in Iraq: Child Protection and Education Project Manager, Terre des hommes Lead Election Observation Specialist, Creative Associates International Deputy Country Director, Mines Advisory Group (MAG) Logistics and Procurement Coordinator, Norwegian Refugee Council (NRC) Senior Nurse, UNAMI - United Nations Assistance Mission for Iraq Special Assistant, […]
New Career Opportunities in Iraqi Kurdistan
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Technical Assistant, European Community Humanitarian Office (ECHO) Monitoring & Evaluation Technical Officer - Accountability, Norwegian Refugee Council (NRC) Pharmacist referent, Médicos del Mundo (Source: UN)