Tag Archives | cl

Kurdistan Trade "Topped $173 Billion in 7 Years"

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan trade topped $173 billion in seven years, customs revenue reached $6.8 billion The Kurdistan Region's border crossings handled more than 227 trillion Iraqi dinars (over $173 billion) in trade over the past seven […]

Paper: Monetary and Fiscal Reforms amid Iraq's Oil Export Crisis

By Dr. Ali al-Rawi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Urgent Monetary and Fiscal Reforms Amid Iraq's Oil Export Crisis and the Inflation of Operational Expenditures Iraq is going through an economic phase that […]

Iraq and Syria Sign Water Management Protocol

By John Lee. Iraq's Ministry of Water Resources and Syria's Ministry of Energy have signed a joint technical minutes document on cooperation in managing shared water resources and exchanging technical data, following a bilateral meeting held at the ministry's headquarters in Baghdad. The meeting was co-chaired by the Technical Undersecretary of Iraq's Ministry of Water […]

Baghdad Metro: IDF Requires Clarification before Project can Start

By Rula Wathiq, for Al-Sabaah. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A Roadmap for the Baghdad Metro Project The Iraq Development Fund (IDF) has identified 34 points that must be studied before the Baghdad Metro project is launched, stressing that these points […]

Baghdad "Hosting EU Energy Talks After Iraq Floats OPEC Exit"

By Michael Kern, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq […]

Iraq Denies Plans to Quit OPEC

By John Lee. Iraq's Ministry of Oil has clarified that reports suggesting the country threatened to withdraw from OPEC do not reflect the official position of the Iraqi government. According to the ministry, neither the prime minister nor the government has raised the issue of withdrawal. The ministry said Iraq has consistently called for a […]

Financial Transformation in Iraq: Money Supply and Rising Debt

By Bassam Raad, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Financial Transformations in Iraq (2014-2024): Money Supply Growth and Rising Domestic Debt Iraq's fiscal and monetary policy underwent significant changes over the past decade. Figures […]

Syria, UAE in Talks over Iraq Transit Route for Gulf Trade

By John Lee. Syria and the United Arab Emirates (UAE) have held talks on establishing a logistics corridor linking Syrian ports with Gulf markets via Iraq. According to the state-run Syrian Arab News Agency (SANA), Qutaiba Badawi, Chairman of Syria's General Authority for Land and Sea Ports, met a delegation that included UAE Chargé d'Affaires […]

Najaf Airport Wins Operating Licence

By John Lee. The Iraqi Civil Aviation Authority (ICAA) has granted an operating licence to Najaf International Airport, following a ceremony attended by the Governor of Najaf and the head of the ICAA. The authority said the licence was issued after the airport completed the technical and regulatory requirements in accordance with the standards of […]

Iraq Sells First Cross-Border Internet Transit Capacity

By John Lee. Iraq has for the first time marketed cross-border internet transit capacity to Qatari company Gulf Bridge International (GBI), using the 'Civilisations Route' project stretching from Al Fao to Rabia. According to the Ministry of Communications, the agreement was concluded under an Indefeasible Right of Use (IRU) model, under which fibre-optic strands from […]

Iraq Plans National Geospatial Data Framework

By John Lee. Iraq's Ministry of Planning held a technical meeting to advance work on the country's geospatial information management systems and national data platforms. The meeting was chaired by the Under-Secretary for Technical Affairs, Dr Maher Hammad Jouhan. Jouhan said that developing the geospatial information system is a key pillar in supporting planning, sustainable […]