Tag Archives | Employment

Creative Economy Workshop to Develop Youth-Led Businesses

By John Lee. Iraq's Ministry of Trade has highlighted plans to support the development of youth-led initiatives into viable economic projects during the first Creative Economy Conference workshop. Trade Minister Atheer Dawood Al-Ghurairi said the ministry is working to adopt and support innovative initiatives that help transform entrepreneurial ideas into practical, market-ready businesses. The conference, […]

Report: Job Creation and Workers' Rights in the Kurdistan Region

By John Lee. The Kurdistan Regional Government (KRG) has published a new report titled "Job Creation and Workers' Rights in the Kurdistan Region". In its summary, the report emphasises: To date, 303,000 workers in the Kurdistan Region have been registered in the social security scheme. Notably, 225,000 of these registrations occurred within the last five […]

Iraq Approves Loan Initiative for Unemployed Drivers

By John Lee. Iraq's Ministry of Labour and Social Affairs has launched a lending initiative aimed at reducing unemployment by providing job opportunities for registered unemployed citizens. Under the programme, the Ministry's Department of Labour and Vocational Training -- through its Small Projects Funds -- will issue loans for the purchase of modern passenger vehicles […]

Iraq's Economy to Contract in 2025 Before Rebounding

By John Lee. The World Bank projects Iraq's economy will shrink by 0.9 percent in 2025, marking a downgrade of 2.3 percentage points from the April forecast. The contraction is mainly attributed to reductions in oil output as Iraq adjusts production to align with OPEC+ commitments. However, economic growth is expected to rebound strongly to […]

Iraq Expands Youth Loan Programme under 'Riyada' Initiative

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday to follow up on the implementation of the government's "Riyada" initiative and the disbursement of youth loans for qualified applicants. Al-Sudani highlighted the initiative's positive reception among young people, describing it as a foundation for a new labour market reality, encouraging private […]

How can Iraq Boost Job Growth?

By Prof. Frank R Gunter for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How can Iraq boost job growth? Iraq is running out of time. The most serious challenge facing the country is the rapid growth in the number of […]

Digital Job Portal Launched in the Kurdistan Region

On 10 November 2024, the Kurdistan Regional Government's (KRG) Ministry of Labour and Social Affairs, in partnership with the International Labour Organisation (ILO), and with funding from the European Union, launched the Digital Employment Platform. This initiative aims to boost employment opportunities and increase job market participation in the Kurdistan Region by streamlining job applications […]

Foreign Workforce on the Rise in Iraq

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Foreign workforce on rise in Iraq It's believed there are more than one million foreign labors who work in Iraq, most of them work without the legal work permit, in addition to no record […]

Czech NGO to provide Training in Iraq

By John Lee. Czech-based Clovek v tisni, o.p.s (People in Need, PIN) has won a contract with the United Nations Development Programme (UNDP) for "employment promotion through skills development and vocational training in Kirkuk Governorate." Contract value is stated as $396,021.55. The project aims to provide resilient employment opportunities for vulnerable Iraqis including youth and […]