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Nationalizing the SDG Indicators in Iraq

Nationalizing the Sustainable Development Goal Indicators in Iraq The United Nations Development Programme alongside the Iraqi Ministry of Planning (MoP) is strengthening the integration of the United Nations Sustainable Development Goals (SDGs) in Iraq by nationalizing the SDG indicators. The focus on localizing the SDG indicators will ensure Agenda2030 is effectively incorporated into Iraq's the […]

Covid-19: Iraq Extends Travel Ban

Iraq's Higher Committee for Health and National Safety held a meeting on Wednesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Committee reviewed the latest Covid-19 related developments and decided to: Update the travel ban to include travel to and from Australia, Austria, Belgium, Brazil, Denmark, Finland, France, Georgia, Germany, Greece, India, Ireland, Japan, […]

Pfizer-BioNTech Vaccine to hit Iraq by February

By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. First doses of Pfizer-BioNTech COVID-19 vaccine to hit Iraq by February Iraq has pushed hard to be among the world's first countries to receive and distribute the vaccine after committing $170 […]

France beats Turkey to Big Iraqi Construction Project

By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. France scores big Iraqi construction project at Turkey's expense A French company has beaten out a Turkish one for the Mosul airport project; political considerations along with economic concerns seem to […]

Iraqi Govt to Favour Local Firms for Procurement

By John Lee. The Iraqi Cabinet has directed state institutions to give priority in their procurement to Iraqi industrial firms. A Cabinet Spokesperson said Iraqi firms would be favoured, whether in the private or public sectors. He added that this is part of a wider strategy to support Iraqi industry. (Source: Govt of Iraq)

GKP Shares Rise following Update

By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed the day up more than 5 percent on Wednesday, after the Kurdistan-focused oil producer provided an operational and corporate update to the markets. Jón Ferrier, Gulf Keystone's Chief Executive Officer, said: "I am pleased to report that throughout 2020, Gulf Keystone successfully managed the challenging […]

Iran targets $20bn Trade with Iraq

Iran's Energy Minister Reza Ardakanian stressed the need to support Iranian and Iraqi private sectors and remove the obstacles to investment in order to achieve the goal of annual trade exchange of $20 billion between the two neighbors. Delivering a speech to Iran-Iraq Economic Conference on Tuesday, Ardakanian said the main and common target of […]

Iraq Doubles Capacity at Salahuddin-2 Refinery

By John Lee. The Iraqi Ministry of Oil has doubled capacity at its Salahuddin-2 refinery, part of the Baiji complex, from 70,000 barrels per day (bpd) to 140,000 bpd. Speaking at the opening ceremony on Monday, Oil Minister Ihsan Abdul Jabbar Ismail said he plans to restore capacity at the plant to the 280,000 bpd level […]

US Sanctions Iraqi Militia Leader

By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated Iraqi Popular Mobilization Committee (PMC) Chairman and former National Security Advisor Falih al-Fayyadh for what it says is his connection to serious human rights abuse. In response, the Iraqi Foreign Ministry has expressed its surprise on the decision, and […]