From XTransfer. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IQD Myths and Realities What the Future Holds for Dinar Investors Many investors think the dinar is a way to get rich fast. But some people worry they might lose money. The iraqi currency […]
From the European Bank for Reconstruction and Development (EBRD): The European Bank for Reconstruction and Development (EBRD) is welcoming Iraq as a country of operation. In parallel, Catarina Bjorlin Hansen has been appointed as the Bank's first Head of Iraq. Ms Bjorlin Hansen will be responsible for EBRD investments and operations in the country and report […]
By John Lee. TotalEnergies, in partnership with Basra Oil Company (30%) and QatarEnergy (25%), has signed the final contracts of the Gas Growth Integrated Project (GGIP) at the Ratawi [Artawi] field in Basra, under the patronage of Prime Minister Mohammed Shia al-Sudani. The agreements include: a joint operating contract between the Ministry of Oil, Basra […]
By John Lee. Central Bank of Iraq (CBI) Governor Ali Mohsen Al-Alaq has met with Bank of England Governor Andrew Bailey in London to discuss strengthening cooperation between the two institutions. Talks focused on digital transformation, lessons from the Bank of England's recent banknote modernisation, and studies on digital currencies. Al-Alaq also highlighted Iraq's monetary […]
By John Lee. Iraq's Ministry of Oil has confirmed the allocation of 18,000 residential land plots to employees of state-owned oil companies in Basra. The announcement was made on Monday by Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani. Half of the plots will be distributed to Basra Oil Company (BOC) staff, […]
The College of Engineering at the University of Sulaimani has formally signed a Memorandum of Understanding (MoU) with the Irish Emergency Logistics Team during a ceremony held in Erbil. The event was attended by Assistant Professor Dr. Sirwan Khurshid, Dean of the College of Engineering at the University of Sulaimani, Andrew Paisley, British Consul General […]
By John Lee. Asiacell has announced the launch of Voice over WiFi (VoWiFi) for the first time in the Iraq. According to a press release, the new service allows subscribers to make clearer and more reliable calls wherever mobile coverage may be weak, such as in high-rise buildings, basements, or remote areas. Customers can use […]
By John Lee. The State Company for Food Products, part of the Ministry of Industry and Minerals, has signed a partnership contract to rehabilitate and operate several production lines at the Al-Maamoun Factory, as part of its plan to modernise operations and strengthen its presence in the local market. Director General Eng. Haider Shwea said […]
By John Lee. Chroo Company for General Contracting has won a contract with the United Nations Development Programme (UNDP) for the "Date Palm Value Chain Project." Contract value is stated as $64,520.71. (Source: UNGM)
By John Lee. A British couple have posted a video about their experiences visiting Iraq as tourists; they were very impressed by the hospitality and friendliness of the people, and the quality of the wonderful Iraqi food. Click here to view the video on YouTube. (Source: Bevetravels)
By Yasir Kuoti and Ali Taher al-Hamoud for War on the Rocks. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's 2025 Election: A Recalibration of Power, Not a Rupture of the Status Quo The air in Iraq is thick these days with political […]
By John Lee. The United Kingdom has issued a new report on "actors of protection" in Iraq. The country policy and information note (CPIN) provides country-specific information on who might provide protection or cause harm within a particular country, including state and non-state actors. Click here to download the full report. To browse our comprehensive […]
