By John Lee. The reopening of Morocco's embassy in Baghdad will be a starting point for the partnership between the two countries, according to a statement from Iraq's Ministry of Foreign Affairs. Iraq's Deputy Prime Minister and Foreign Minister, Fuad Hussein, confirmed a new generation of diplomatic interaction between Iraq and Morocco, at a reception […]
By John Lee. On Friday, Iraqi Prime Minister Al-Sudani met with representatives of the French companies Thales, Dassault and Airbus. During the meetings, they discussed providing Iraq with specialized radars, Rafale combat aircraft, Falcon civil aircraft, and combat and specialized helicopters for the benefit of the Iraqi Air Force and Civil Aviation. These measures are […]
By John Lee. Singaporean/Swiss-based commodity trader Trafigura has reportedly ended its relationship with the Kurdistan Regional Government (KRG). According to a report from Bloomberg, the decision follows the KRG's refusal to renegotiate the terms of the contract, following a drop in the price of Kurdish oil. KRG Minister Masrour Barzani is also said to have […]
UNESCO and Government of Japan sign agreement to support Technical Vocational Education and Training, and Prevention of Violent Extremism through Education for youth in Mosul, Ninewa UNESCO and Government of Japan signed an agreement in support of the project "Enhancing youth Employability and Resilience for Peace in Ninewa". Futoshi Matsumoto, Japan's Ambassador to Iraq and […]
By John Lee. Transparency International has said that Iraq has maintained its ranking and score in the global Corruption Perceptions Index (CPI) for 2022. From a total of 180 countries, Iraq came in at number 157, the same position as last year. This result puts it on equal ranking with Honduras, Myanmar and Zimbabwe. Denmark […]
From International Crisis Group. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Staving Off Instability in the Near and Distant Futures Iraq has a new government after months of delay, but various challenges to stability persist. In this excerpt from the Watch […]
By John Lee. A new industrial zone is to be built in Duhok province. The project consists of five areas and covers an area of 300 dunams [30 hectares; 74 acres], at a cost of more than $ 62 million. Three of the five areas of the project have been completed which include, according to […]
New Iraqi brand Makers of Baghdad has been launched at Makers' premises in Baghdad. Makers (formerly IoT Maker) is an innovation hub that provides technical qualifications, and job acceleration programs for the youth to create job opportunities in the field of Information technology, and encourage them to develop their startups. The methods used vary from […]
By Jane Arraf and Yasmine Mosimann, for the New York Times. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Loses Green Space to Real Estate Boom The problem is driving up temperatures in what is already one of the hottest cities in the […]
Gulf Keystone Petroleum (GKP) has provided an operational and corporate update today. The information contained in this announcement has not been audited and may be subject to further review. Jon Harris, Gulf Keystone's Chief Executive Officer, said: "2022 was a strong year for GKP, in which we made progress on multiple fronts that will position […]
On 24th January, H.E Naeem Al Aboudi, Minister of Higher Education and Scientific Research, signed the agreement to establish the British University of Iraq. The University was founded by two former UK diplomats, including the Chair of the board john Tucknott CMG, MBE and lead by the Founding President Professor Victoria Lindsay. The proposal has […]
By John Lee. US-based Sallyport Global Holdings, part of the Caliburn International group, has been awarded a $235,608,052 cost-plus-fixed-fee modification (P00003) to previously awarded contract FA8630-22-C-6006 for base operations support, base life support and security services in support of the Iraq F-16 program. The contract modification is for an additional 12 months of service being […]
