By John Lee. Iraq has prevailed in an international arbitration case brought by Orange against the Republic of Iraq and the Communications and Media Commission (CMC), with all of the company's claims dismissed by the International Center for Settlement of Investment Disputes (ICSID). The Ministry of Justice said the outcome was the result of sustained […]
By John Lee. Two major infrastructure projects have been cancelled by Prime Minister Ali al-Zaidi, according to the state-run Iraqi News Agency (INA). Al-Zaidi has ordered the cancellation of a railway project approved by the previous government, as well as the cancellation of a development project at Baghdad International Airport, which is said to have […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sudani's Legacy in Question as New Iraqi PM Clamps Down on Corruption Iraq is being rocked by several high-profile corruption scandals, upping pressure on former premier Muhammad Shia' Al-Sudani (2022-26). Multiple arrests linked […]
By Dr Kamran Yeganegi, for Middle East Monitor, under a Creative Commons licence. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Strategic Value of Kurdish Gas for Europe's Energy Security Europe's Energy Challenge is Far From Over Europe has made significant progress in […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Clock Is Ticking Down To Iraq's Economic Disaster On 27 July OPEC's second-largest oil producer, Iraq, has less than two months before it loses the key means to export its […]
By John Lee. The Ministry of Higher Education and Scientific Research has approved the establishment of AI Engineering Clubs at five Iraqi universities, following the earlier creation of ten dedicated artificial intelligence colleges across the country. Acting Minister Dr. Abdul Hussein Al-Moussawi (pictured) announced the move, stating that the clubs represent a new pillar for […]
9By John Lee. The Federal Commission of Integrity has issued a statement clarifying the background to a criminal complaint before the Central Anti-Corruption Criminal Court against a sitting member of the Iraqi Council of Representatives. According to the Federal Commission of Integrity, the unnamed MP is alleged to have extorted the owner of a residential […]
By John Lee. The Jordan Chamber of Industry (JCI) and an economic delegation from the Kurdistan Region of Iraq met on Tuesday to discuss ways to organise reciprocal visits for businesspeople and investors to explore investment opportunities and build sustainable partnerships. According to Jordan's state-run Petra news agency, the talks, held at the JCI's headquarters […]
By John Lee. According to Orange Corners, Iraqi agricultural technology company Al Jabal Agriculture has secured a six-figure investment from Iraqi investors and strategic business partners to expand its smart farming operations. Founded in late 2022 by Mohammed Nabeel Al-Ruwaishdi, a remote sensing specialist, the company provides satellite monitoring, GIS technologies, artificial intelligence, and agricultural […]
By Dr Renad Mansour, Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq's New Prime Minister Finally Rein in its Armed Factions? The Iran war has seemingly created a potential opportunity to integrate armed groups into the state. But significant hurdles […]
By John Lee. The second session of Iraq's Financial Stability Council was held on Wednesday, chaired by Prime Minister Ali al-Zaidi. According to the Prime Minister's Office, the meeting covered the council's general operational frameworks and the mechanisms for implementing financial and monetary plans and strategies. Participants also discussed ways to stimulate various economic sectors […]
By John Lee. According to Iraq's Ministry of Finance, the third phase of the ASYCUDA (Automated System for Customs Data) customs management system is set to be launched at the start of next month, following a progress review meeting chaired by Finance Minister Falah Sari on Wednesday. The meeting was attended by the Director General […]
