By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for January of 101,245,095 barrels, giving an average for the month of 3.266 million barrels per day (bpd), down from the 3.332 million bpd exported in December. The exports from the oilfields in central and southern Iraq amounted to approximately 98,460,050 barrels, while […]
Prime Minister Mr. Mohammed S. Al-Sudani has received the delegation of Transparency International, in the presence of the Ambassadors of the European Union (EU) and Germany. During the meeting, they discussed the government's efforts in combating financial and administrative corruption, and the practical steps taken in this regard. The Prime Minister reaffirmed the government's determination […]
The Iraq-based e-commerce business Orisdi raised a $220,000 bridge round in January 2023 to reinforce the continuous growth of the business and the growing potential of e-commerce in Iraq. The round included new investors like 3B Starlight Investment, Ahmed Gorani, Naveed Pasha, Hassan Al Shawaf, Ali Jawad, Zaid Al Khatib, and others, and existing investors […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Article 140 and the future of Iraq's Turkmens The long-running leadership struggle within one of Iraqi Kurdistan's two main parties has reignited. Contradictory court rulings have been issued on whether Patriotic […]
Prime Minister Mr. Mohammed S. Al-Sudani launched 150 public service and development projects in the capital Baghdad during the celebration held Thursday evening on the occasion of the centenary of the founding of the Mayoralty of Baghdad. The projects consist of four phases: The first phase includes 70 road development and pavement projects with an […]
By John Lee. Tetra Pak Arabia has reportedly signed a €10-million deal with Alssad Company for Food to expand its facility in Baghdad. According to Khaleej Times, the facility is planned to produce one billion packs per annum for dairy and beverage products. It is expected to be completed in 2024. (Source: Khaleej Times)
By Jonathan Fenton-Harvey for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. In Iraq, Macron seeks bigger sphere of influence for France In less than a month, French President Emmanuel Macron hosted both Iraqi Prime Minister Mohammed al-Sudani and Kurdistan Region […]
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Environmentalists Face Retaliation Iraq's environmental activists are facing threats, harassment, and arbitrary detention by government officials and armed groups, Human Rights Watch said this week. Click here to read the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd Febuary 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 951.0 1.6% 4.5% RSISX USD Index 809.4 […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq Finally Revive This Mothballed Megaproject? For several years now, Iraq has been able to access all the technology required to turn part of its abundant crude oil and/or […]
By Jessica Obeid for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq needs renewables, but they won't solve its power problems without broader reforms Two decades on from the 2003 U.S. invasion of Iraq, efforts to improve the […]
Low-cost carrier Air Arabia Abu Dhabi has announced the launch of its two new routes from Abu Dhabi to Baghdad and Erbil. The new direct flights will connect Abu Dhabi International Airport to both Baghdad International Airport (BIAP) and Erbil International Airport with a frequency of two flights per week starting from June 22, 2023. […]
