The latest Iraq Development News – government, economic, oil, companies, Baghdad & more – brought to you by Iraq Business News
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. BABIL, Iraq — Under the rule of former Iraqi Prime Minister Nouri al-Maliki (2006-14), $150 million was allocated to the construction and development of public schools in several Iraqi areas. Yet only […]
By Robert Tollast. Luay al-Khairullah has reason to be optimistic. As Chairman of the Dhi Qar Provincial Investment Commission, I spoke to him last year about the planned Nasiriyah Integrated Project (NIP) a 300,000 barrel a day capacity refinery not far from his home town. It's a project that will create much needed jobs and provide […]
By Tariq Abdell, Founder & Chairman, Mesopotamia Insight. The opinions expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. The unanimous approval of the new Iraqi government by the Iraqi lawmakers, to be led by the incumbent premier al-Maliki, is long-awaited news - ending nine tumultuous months […]
By Tariq Abdell, Founder & Chairman, Mesopotamia Insight. The opinions expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. The absence, thus far, of a democratically elected and accountable government -- over six months of political horse-trading -- underscores Iraq's fragile democracy that is exacerbated by […]
By Tariq Abdell, Founder & Chairman, Mesopotamia Insight. The opinions expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. The end of U.S. combat operations in Iraq presents a unique opportunity for a new beginning in U.S.- Iraq’s relationship. However, given Iraq’s crippling challenges and U.S. […]
If a week is a long time in politics, it is a very long time in Iraq. The first day of this week in Iraqi politics witnessed a Sunday 23 May meeting between Iraqiyya leader Iyad Allawi and Grand Ayatollah Ali al-Sistani. On the same day, the Washington Post released a new interview with Prime […]
The Zain Group announced today that the management of its Iraq operation, Zain Iraq, will henceforth fall under the direct supervision of the Group's Chief Executive, Nabeel Bin Salamah. The former Zain Iraq CEO, Ali Al-Dahwi, has been appointed special advisor on Iraq for the Zain Group. The Zain Group explained that the move was […]
This month (March 2010), investment permits have been awarded to several projects in Baghdad including companies working in the fields of housing, tourism and hotels. “Eight investment permits have been given to a number of companies. Housing projects were given a priority,” the Investment Commission in Baghdad said in a statement received by Aswat al-Iraq […]
While the Iraqi government has made overtures to its Kurdish counterpart in the north to end an oil standoff, much remains in doubt without legislation to keep the industry in check - rules which this time the Kurds are pressing for rather than Baghdad, writes Fawzia Sheikh For a long time, the northern Kurdistan region […]
A total of 80 billion Iraqi dinars (ID), about US $67m, has been allocated to improve the roads in the capital Baghdad, the local municipality said on Tuesday. The money will be used to pave the main streets and highways in the capital, change traffic lights in central Baghdad and to continue construction work on […]
Reuters quotes the Iranian Consul to Basra as saying that Iran hopes to double trade with Iraq to $8 billion this year, mostly in the construction, food and industrial sectors. Meanwhile, 60 companies participated in an exhibition of Iranian trade and industry in Basra City. The consul also told Aswat al-Iraq that, “Iran is working […]
A Chinese delegation has visited the Shiite city of Karbala, and expressed its readiness to conduct several projects there, Karbala’s first deputy governor said on Thursday. “The delegation, led by a Chinese businesswoman who owns a number of industrial companies, has finished its visit to Karbala,” Abbas al-Moussawi told Aswat al-Iraq news agency. The delegates […]
