Creating a New Entrepreneur Generation in Iraq
By Aziz Al Nassiri, CEO, RiTS. Noah’s Ark Initiative: Toward the creation of a new entrepreneur generation in Iraq. Noah’s Ark -- an initiative aimed at solving Iraq’s most pressing problem, youth unemployment -- was launched on 3rd August 2017. The Ark is an organized Launchpad for small entrepreneurial business startups. The concept is based on […]
Harlow International achieves ISO 9001 Accreditation
Harlow International and its security companies achieve ISO 9001:2015 accreditation for meeting international quality standards Harlow International and its two security service companies, Al Murabit Security Services (“AMS-91”) and Al Thaware Security Services (“ATS-109”), have been awarded the ISO 9001:2015 accreditation. AMS and ATS are the first and only Iraqi security companies to be awarded […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th Oct 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD775 (-0.3%) / $792 (-0.3%) (weekly change) (-19.2% and -16.3% YTD change, respectively). The number of week traded […]
CBI Governor meets with the UN Security Council
Based on the invitation of the UN Security Council, the Governor of the Central Bank of Iraq (CBI), Dr. Ali Mohsen Ismail, met in New York on Tuesday, October 17, 2017 with the members of the Council in the United Nations building. This meeting is the first of its kind where the Governor of the […]
Korea’s Support is Helping Iraqi Returnees
The Government of the Republic of Korea and the United Nations Development Programme (UNDP) signed a partnership agreement today for US$4 million to support stabilization and recovery in newly liberated areas in Iraq. Korea’s contribution will be channeled through UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas retaken from ISIL. This is […]
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 […]
Iranian Official Urges Enhanced Economic Ties with Iraq
Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Ishaq has hailed the political ties between Tehran and Baghdad, saying the two sides’ economic ties should also be strengthened. Speaking in a forum of Iranian and Iraqi traders, Al-e Eshaq said the economic relations between Tehran and Baghdad have not developed on par with the political and […]
How Iran helped Baghdad seize back Kirkuk
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Around 8 p.m. on Oct. 15, an Iranian general from the powerful Islamic Revolutionary Guard Corps (IRGC) accompanied by Iraqi Commanders Abu Mahdi al-Muhandis and Hadi al-Ameri sat down […]
Video: Balance of Power shifts in Kirkuk
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. With the return of Kirkuk to Iraqi control, the balance of power appears to have shifted between the ethnic communities in the Kurdish-majority city, to the delight of its Turkmen residents.
Gazprom Neft not to Cut Production at Badra
By John Lee. Russia's Gazprom Neft has said it expects production at the Badra oilfield to stay between 85,000 and 90,000 barrels per day (bpd) in 2018. Deputy chief executive Vadim Yakovlev (pictured) told Reuters that Baghdad has not asked the company to curtail production, despite reports that the Oil Ministry had asked foreign producers […]
US Providing Essential Support for Iraq’s Children
Hundreds of thousands of children and their families in Iraq who have suffered the pain of brutal conflict and displacement will have regular access to lifesaving clean drinking water and services that respond to gender based violence thanks to help from the U.S. government. With the latest contribution of nearly 9 million US$ from the […]
Video: Concern over Alleged Abuse of Kurds in Kirkuk
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. About 100,000 Kurds have fled the Kirkuk region since it was retaken by Iraqi forces from Kurdistan's regional government (KRG). The UN says it is worried by reports of civilians being forcibly displaced […]