Tag Archives | featured

$4.1m New Projects in Ankawa District

By John Lee. Two new projects were officially launched in sector 128 of Ankawa district on Monday, January 16th. The projects, which include street paving, sidewalk construction, water supply, and sewerage will be financed by the KRG's Ministry of Municipalities and Tourism. Additionally, an expansion of the sector's electricity network will be financed by the […]

Corn Production increasing in the Kurdistan Region

Kurdistan Region Government (KRG) farmers, who used to grow wheat, barley, vegetables and fruits, are now growing dozens of other crops, including corn. The Kurdistan Region Government (KRG) needs one million tons of corn annually and the Ministry of Agriculture of the Kurdistan Region Government (KRG) has paid attention to this product and plans to […]

Treasure Hunters search Iraq for IS's Lost Loot

By Martin Chulov and Nechirvan Mando, for The Guardian. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Treasure hunters circle in search of Islamic State's lost loot The ruins of Iraq and Syria are proving a treasure trove, with former foes vying to […]

Germany, UNDP Strengthening Criminal Justice Services in Iraq

Germany supports UNDP in strengthening criminal justice services in Iraq Germany and the United Nations Development Programme (UNDP) have signed a EUR 826,250 donor agreement on strengthening Iraq's criminal justice services and improving their capacities to conduct effective interviews in line with international human rights commitments. The project promotes the application of the new regulations […]

Iraq introduces Tax Incentives for Point-of-Sale (POS) Terminals

By John Lee. The Iraqi Cabinet has approved the recommendations of the Ministerial Council, encouraging the use of electronic point-of-sale (POS) terminals. The use of electronic transactions has been shown to improve security, efficiency and convenience for retailers and customers. Specifically, the cabinet approved the following measures: The Central Bank of Iraq (CBI) simplifies the […]

Virgin Atlantic fined $1m for flying over Iraq

By John Lee. The U.S. Department of Transportation (DOT) has fined UK-based Virgin Atlantic $1.05 million for operating flights carrying Delta Air Lines' code (DL) in regions in which a Federal Aviation Administration (FAA) flight prohibition was in effect. The airline was ordered to cease and desist from future similar violations. An investigation by the […]