Tag Archives | featured

Iraq's Central Bank meets with US Treasury, Federal Reserve

By John Lee. The Central Bank of Iraq (CBI) has concluded its first quarterly meetings of 2025 with the US Treasury Department and the Federal Reserve Bank, held in Dubai, UAE, with participation from international auditing and consulting firms EY (Ernst & Young), K2 Integrity (K2i), and Oliver Wyman. Key highlights from the meetings included: […]

CBI Issues Tender for Currency Counting and Sorting Machines

By John Lee. The Central Bank of Iraq (CBI) has announced General Tender No. (1/2025) for the supply, installation, and operation of 65 currency counting and sorting machines for its branches in Basra (35 units) and Mosul (30 units). The contract, with an estimated value of IQD 1.134 billion (approx. $865,000), will be financed from […]

Iraq, Russia Discuss Energy Cooperation

By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani Al-Sawad, met on Sunday with Russian Ambassador to Baghdad, Elbrus Kutrashev, and a delegation from Russia's OMK Group. Discussions focused on enhancing bilateral cooperation in the oil, gas, and energy sectors. According to its LinkedIn page, United Metallurgical Company (OMK) is one of Russia's largest […]

Iraq's Scorecard for Mobile Network Excellence

By John Lee. Opensignal has announced the launch of the Global Network Excellence Index, which it describes as a new benchmark that ranks markets around the world on the mobile network experience they provide. According to data from Opensignal: Among large land mass countries, Iraq ranks in 41st place for network excellence. This places it […]

IBBC Conference: Iraq Prioritises Gas Investment to Boost Growth

By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. He outlined Iraq's major achievements in the oil and gas sector, including: Adding 380,000 barrels per day to […]

Ukrainian Energy Company meets with Iraq's Oil Minister

By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, received the Ukrainian Ambassador to Baghdad, Ivan Dovhanich, on Wednesday. The meeting was also attended by Deputy Head of the Diplomatic Mission, Sergiy Pushkarsky, Economic Affairs Representative Oleg Ishchenko, Director General of Ukrzemresurs, Maksym Mustafin, and the company's Iraq Director, Maksym Novikov. Discussions focused on […]

How the World helped Mosul rise from the Rubble of War

By Eileen Travers for the United Nations (UN). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: How the world helped Mosul rise from the rubble of war Terrorist fighters with ISIL/Da'esh invaded Iraq's second city of Mosul in 2014, destroying centuries-old landmarks in […]

UK Briefing: Iraq International Scholarship Scheme

Advertising Feature From the British Council: UK higher education institutions are invited to join an online briefing session on the Government of Iraq's current international scholarship programme for postgraduate and PhD study. Join the British Council and the Iraqi Higher Committee for Education Development (HCED) to learn more about the the subject areas being funded, […]

Iraqi PM discusses Digital Cooperation with Veridos

By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met on Friday with Marc Siewert, CEO of Berlin-based Veridos, on the sidelines of the 61st Munich Security Conference (MSC). Discussions focused on strengthening cooperation with Veridos, a global leader in secure passport and national ID card production, particularly through its manufacturing facility in Baghdad, which […]

Teacher Insurrection puts Pressure on Kurdish Ruling Parties

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Teacher insurrection puts pressure on Kurdish ruling parties Teachers in Iraqi Kurdistan are escalating protests to pressure the Kurdistan Regional Government (KRG) into paying public sector salaries more regularly. Thirteen teachers have been […]