Tag Archives | featured

New US Ambassador presents credentials to Iraqi President

By John Lee. Ambassador Alina L. Romanowski has presented her credentials to serve as U.S. Ambassador to Iraq to President Barham Salih and Foreign Minister Fuad Hussein. She later met with Prime Minister Mustafa al-Kadhimi to discuss the U.S.-Iraq strategic partnership. Ambassador Romanowski thanked President Barham Salih, Prime Minister Mustafa al-Kadhimi, and Minister Fuad Hussein […]

EU, German support for Growth and Jobs in Iraq

European and German support for economic growth and jobs in Iraq Governmental bodies of Federal Iraq and the Kurdish Region, including the Prime Minister and Deputy Prime Minister Offices and Ministries of Planning, discussed progress made in implementing economic reforms and creating sustainable job opportunities for Iraqis. They met  as members of the steering committee […]

IOCs in Iraq need Oil Wealth to Trickle Down

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why foreign oil companies in Iraq need oil wealth to trickle down Iraq's oil wealth is among the greatest on the planet. Total proven crude reserves are estimated at 150 billion barrels, and […]

Five One Labs and AUK support Entrepreneurs in Duhok

From 51 Labs: Five One Labs and AUK Collaborate to Provide Entrepreneurs a Community in Duhok In a panel discussion at The American University of Kurdistan in Duhok, Five One Labs and AUK announced a partnership with AUK hosting our organization for a long-term program for students and entrepreneurs in Duhok. This partnership will support […]

New Report on Iraqi Transportation Sector

Transportation Sector in Iraq: Aviation & Maritime Scene Overview The transportation sector plays a major role in the development of the country. As a key factor in promoting the advancement of dependent operations, a strong transportation infrastructure will ensure the proper functioning of closely related sectors and present a reliable playground for emerging businesses and […]

Iraqi Entrepreneurs' Journey

Iraqi Entrepreneurs' Journey This research is an updated, quantitative assessment of the Iraqi Entrepreneurs Journey: An In-Depth Analysis that was published by KAPITA in July, 2020, which was the backbone to understand the problems, solutions, opportunities, and challenges that entrepreneurs face in the Iraqi business ecosystem. Two years later, we are providing an updated, yet […]

Women in Iraqi Business: Kapita Breaking the Bias

Women have been paving their way into the Iraqi ecosystem, navigating its challenges while at the same time dealing with the accompanying biases, gender stereotypes, the glass ceiling, and cultural and societal barriers. To celebrate those women and honor their contributions to the Iraqi scene, KAPITA has organized a business meetup event titled "International Women's […]

Incubator for Creators: Startup Demo Day

From 51 Labs: It is our utmost pleasure to see entrepreneurs thrive! With the generous support of USAID, we concluded the 2022 Incubator for Creators program with a Startup Demo Day event. At the end of the event, three of the participating startups won seed funding prizes totaling $30,000 that would help them push their […]

Stabilising the Contested District of Sinjar

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: Stabilising the Contested District of Sinjar Sinjar has yet to recover from the ravages of 2014, when ISIS subjected the population to unrelenting terror. Thousands remain displaced. To persuade them […]

Climate Crisis Worsens Desertification in Iraq

By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Climate crisis worsens desertification in Iraq The Iraqi authorities are warning of the high rate of desertification in the country amid other environmental and economic problems. Click here to […]

Iraq Oil Revenues Hit New High

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for May of 102,303,020 barrels, giving an average for the month of 3.300 million barrels per day (bpd), slightly down from the 3.380 million bpd exported in April. The exports from the oilfields in central and southern Iraq amounted to approximately 98,946,914 barrels, […]