Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th March 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Return RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 951.7 1.0% 4.5% RSISX USD Index 935.8 […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Amid 'witch-hunt' in Iraq, ex-PM considered as conduit in Iran Iraqi ex-prime minister Mustafa Al-Kadhimi (2020-22)-a key proponent and prior host of talks between Iran and Saudi Arabia-is seemingly under fire […]
ITC and UN WFP Sign an Agreement to Promote Development and Strengthening of Entrepreneurship The United Nations World Food Programme (WFP) and the International Trade Centre (ITC) signed an agreement on 6 March 2023 to collaborate on improving the efficiency and competitiveness of Micro, Small and Medium-sized Enterprises (MSMEs) in Iraq. The partnership will leverage […]
Siemens Energy has been awarded long term service contracts for several powerplants, from the Ministry of Electricity of the republic of Iraq, to improve energy stability and availability, as well as provide training, skills, and employment opportunities for Iraqis. These contracts represent the first portion of prioritized projects under the Iraq Energy Agenda - Wave […]
By John Lee. Romania's Prime Minister, Nicolae-Ionel Ciucă, has met with representatives of Iraq's Mass Global Energy Rom, the company that purchased the Mintia Thermal Power Plant. During the meeting, the investment plan worth over one billion euros, designed to turn the thermal power plant into the EU's largest and most efficient power production capacity […]
By Viraj Rajadhyaksha (pictured), AstraZeneca Area Medical Director, Middle East and Africa. Exposing the Silent Killer: Addressing chronic kidney disease in the Middle East There is a silent killer in our midst. It affects 850 million people worldwide and is a leading cause of death globally.[1] Despite its deadly profile and rising prevalence in this […]
By Suadad al-Salhy for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq caused a currency crisis by paying Iran in dinars Desperate to avoid power shortages, Kadhimi's government gave Iran billions of dinars. US sanctions however mean it […]
By John Lee. Prime Minister Mr. Mohammed S. Al-Sudani has inaugurated the electronic passport portal and observed the detailed steps and procedures for issuing the electronic passport. He also witnessed the issuing of the first electronic passport in Iraq. The Prime Minister commended the efforts of the workers in the Directorate of Civil Status, Passports […]
By Charles Kennedy for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Risky Reliance On Oil Revenues Iraq managed to collect a lot of revenues from oil exports last year due to higher prices, but the Iraqi economy remains heavily reliant […]
By John Lee. A group of human rights organisations have expressed their deepest concern regarding the Iraqi authorities' recent campaign to crack down on 'indecent content' online. This crackdown, they say, has a chilling effect and will stifle free speech in the country. The statement, which can be read in full here, is signed by […]
By John Lee. Iraq's Federal Commission of Integrity has issued warrants for the arrest of four senior officials in the previous government, including former Minister for Finance, Ali Allawi (pictured). The warrants relate to the theft of 3.7 trillion Iraqi dinars ($2.5 billion) from the General Tax Authority's account at the state-run Rafidain Bank, an […]
By John Lee. Russia's LUKoil and Japan's INPEX South Iraq Ltd have received approval from Iraqi state-owned Thi-Qar Oil Company (TOC) for "Declaration of Commerciality of Reserves and Outline Development Proposal" for the Eridu [Arido] oilfield located within Block 10 in Iraq. Following approval by TOC (also known as Dhi Qar Oil Company, DQOC), LUKoil […]
