The United Nations Development Programme (UNDP) has released the Trial Monitoring Report on grand corruption cases across the Kurdistan Region of Iraq, marking a significant milestone in curbing corruption in Iraq. The report highlights substantial progress by the Kurdistan Regional Government (KRG) in combating corruption and offers deep insights into the region's judicial proceedings through […]
By John Lee. Iraq's Ministry of Agriculture has launched a major feed distribution campaign to support affected buffalo breeders who were considering migrating to other areas. This first distribution campaign took place in Muthanna, and will extend to several other southern governorates in the upcoming months. Full statement from the FAO: The Iraqi government, in […]
By John Lee. The International Trade Centre (ITC) has organised a tailored training programme providing in-depth insights and practical tools for policymakers who are working to increase Iraq's trade. The training focused on project management and value chain analysis. According to a statement from ITC, participants learned to screen markets, analyze trade indicators, and prioritize […]
From the UN Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Marking a milestone in boosting foreign investments: Iraq signs the Singapore Convention In a landmark move to attract foreign investors to Iraq, the country celebrated its signing of the United […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Sunday with the committee tasked with lifting the European Union (EU) ban on Iraqi Airways. The committee reviewed the steps taken to meet the ban's requirements, efforts to automate all aspects of the airline's operations, aircraft maintenance, staff training, and service improvements to […]
By John Lee. The winners have been announced in the International Trade Centre (ITC)'s Agriculture Innovation Hackathon, held recently in Nineveh province. According to the organisers, Nineveh-based SMEs Nabu, BSF and Aero Plant stood out with their exceptional ideas for addressing the significant challenges of water scarcity and sustainable agriculture due to decreasing water levels […]
By John Lee. The United Nations Development Programme (UNDP) has issued a new 60-page report on Iraq's efforts to tackle corruption. The Trial Monitoring (TM) programme focuses on high-profile corruption cases tried before the Central Anti-Corruption Criminal Court (CACC) as the primary judicial mechanism for reviewing cases of Grand Corruption across the region of Federal […]
By John Lee. The European Union Mission in Baghdad has held a conference focused on empowering youth and supporting small and medium enterprises (SMEs). According to a statement from the Ministry of Trade's media office, the conference saw broad participation from Iraqi youth, including students, entrepreneurs, and activists. The statement highlighted the Ministry of Trade's […]
By John Lee. In a significant step toward bolstering Iraq's financial sector, EU Delegation to Iraq Chargé d'affaires Mr. David Healy has expressed support for the launch of the Central Bank of Iraq's (CBI) National Strategy for Bank Lending for 2024-2029. This strategic initiative, developed under the EU and Germany co-funded project "Strengthening Public Finances […]
By John Lee. The Council of the European Union has extended the mandate of the EU Advisory Mission in support of Security Sector Reform in Iraq (EUAM Iraq) until 30 April 2026. The new commitment involves a budget allocation of almost EUR 66 million [$64 million]. Full statement from EUAM: EUAM Iraq: Council extends the […]
By John Lee. Iraq's Ministry of Agriculture has issued more details of the major contract it has signed with the Austrian company Bauer, a maker of irrigation equipment. A spokesperson told state-run Iraqi News Agency (INA): The Ministry announced a contract for 12,000 pivot sprinklers to be delivered this year. The value of the purchase […]
Joint Programme Launched to Stimulate Decent Work and Affordable Housing in Iraq A multi-partner programme to foster decent work opportunities for Iraqi youth and addressing the need for affordable housing, especially among lower-income and vulnerable populations was launched in Baghdad today. The European Union (EU) has provided 20 million Euros to the United Nations Human […]
