By John Lee. The Cabinet held its regular weekly meeting in Baghdad on Thursday under the chairmanship of Deputy Prime Minister and Minister of Oil, Thamir Ghadhban. It reviewed the impact of restrictions to contain covid-19, including curfews, on the health, financial and service sectors, and discussed measures to lessen the burden on Iraqis, receiving briefings from […]
By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. US provides Aid to help Iraq fight Coronavirus The US Embassy in Baghdad announced today that is providing $670,000 to help Iraq fight the novel coronavirus pandemic. "Today's announcement shows the strength of the […]
Due to a combination of security conditions and restricted travel options as a result of the global COVID-19 pandemic, the US State Department has ordered the departure of designated U.S. Government employees at the U.S. Embassy in Baghdad, the Baghdad Diplomatic Support Center, and the U.S. Consulate General in Erbil. Visa services at both posts […]
By Hassan Ali Ahmed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi government officials, clerics unite against COVID-19 As the number of coronavirus cases grows rapidly in Iraq, the Shiite religious establishment is offering to help the government, campaigning […]
By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Coronavirus forces partial US troop drawdown in Iraq The US-led global coalition to defeat the Islamic State announced today that the coronavirus pandemic has forced "temporary adjustments" in the […]
COVID-19 is spreading rapidly across the world. Governments of even the wealthiest countries are struggling to cope with the scale of the Pandemic. For Iraq this is nothing short of disaster. Iraq's health care system is in almost permanent crisis, constantly on the brink of collapse. Only days ago, its Health Minister, Jafar Allawi, was […]
By John Lee. The Central Bank of Iraq (CBI) has announced that the repayment of loans obtained under its '1 and 5 trillion dinars' finance initiatives for small and medium size businesses (SMEs) will be suspended for three months. According to a statement from the Government of Iraq, the move is an attempt to ease […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq has so far registered 214 coronavirus cases and 17 deaths. To prevent further spread of the virus, the government imposed a weeklong curfew in Baghdad and other cities and cancelled all domestic […]
By Lujain Elbaldawi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Is Iraq taking necessary measures to prevent COVID-19 spread? As coronavirus spreads across the globe, the number of infected people in Iraq is still manageable. Though the country has taken strict measures to reduce infections, […]
By John Lee. Malaysia's Petronas has said it has shut down production and safely evacuated all of its Malaysian employees from Iraq due to coronavirus (COVID-19). In a statement, the company said: "In view of the COVID-19 pandemic and as a precautionary measure to ensure the health, safety and well-being of our employees, PETRONAS has […]
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Deputy Prime Minister and Minister of Oil, Thamir Ghadhban. The Cabinet received a detailed briefing from the Minister of Health on the range of new measures being implemented to contain COVID-19. These measures include: Declaring a curfew in Baghdad for a week […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were trading down 9.6 percent on Monday, compared to a broader market fall of 7.4 percent, as the company announced that expansion plans will be delayed due to coronavirus (COVID-19). In a statement to the markets, the company said: The Company has been closely monitoring the […]
