The Governing Council of the United Nations Compensation Commission held a special session on Wednesday under the Presidency of Ireland to mark the fulfillment of the Commission's mandate. Delegations from Iraq and Kuwait addressed the Council at the opening plenary meeting. Almost 31 years ago, the Commission was established in Geneva as a subsidiary organ […]
By John Lee. The Iraqi Minister of Transport has held a meeting with the ambassador of the European Union to discuss removing Iraqi Airways from the list of airlines banned from operating within the EU. Captain Nasser Hussain Bandar Al-Shibli [Captain Nasser Hussein Bandar Al-Shibli] said they discussed the importance of the Iraqi Civil Aviation […]
Mosul University's Theatre Hall Officially Reopens After ISIL Destruction The newly-rehabilitated Theatre Hall at Mosul University was officially opened yesterday by the United Nations Development Programme (UNDP), KfW Development Bank and Ninewa Governorate. The Theatre Hall, which was the biggest hall in Ninewa, was severely damaged during ISIL occupation and Mosul's liberation. It is rehabilitated […]
By John Lee. The US has issued its latest report on Operation Inherent Resolve (OIR), the overseas contingency operation to advise, assist, and enable local partner forces until they can independently defeat ISIS in designated areas of Iraq and Syria, thereby setting conditions for the implementation of long-term security cooperation frameworks. The report covers the […]
Writing in Oil Price, Simon Watkins says Iraq's $27-billion four-project deal with French energy company TotalEnergies will be a game-changer. Click here to read the full article.
Dubai-based air services provider dnata says it has achieved an important milestone in Erbil, with the implementation of its 'OneCargo' system, digitizing processes and maximizing efficiencies across its cargo operations in Iraq. According to a press release, the advanced tool, which dnata plans to launch globally, is expected to deliver significant commercial benefits for customers. […]
The European Union and UNICEF, in collaboration with Eni, launch a project to improve the water quality for 850,000 people in Basra The European Union (EU) and UNICEF, in collaboration with Eni, have launched a project in partnership with the Basra Governorate, aiming to improve the water quality for 850,000 people in Basra City, including […]
By John Lee. Iraq's Ministry of Oil has announced total financial revenues from oil exports to $75.650 billion for 2021, which it says is a marked increase on budgeted expectations for the year. The Ministry's Deputy for Upstream Affairs, Kareem Hattab, pointed to the commitment of the OPEC+ producers in achieving stability in oil markets, […]
By Ksenia Svetlova, for The Jerusalem Post. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq became the top link in China's belt and road strategy Almost 20 years after the war in Iraq began, billions of Chinese yuan are being invested […]
Near East and North Africa countries focus on nutrition, climate, resilience, water and gender The 36th FAO Regional Conference for the Near East (NERC36) started today with a focus on improving nutrition, building resilient rural communities, optimizing water management, addressing the impacts of the climate crisis and fostering green recovery initiatives, as well as gender-sensitive […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "Banks & the Iraq Investment Thesis" The market, as measured by the Rabee Securities RSISX USD Index, started the year on a positive note with […]
By John Lee. Mashareea Al-Taqa Company for Contracting and General Trading has won a contract with the United Nations Secretariat for the "construction of maternity ward and drug store in al Bu'Aiji Health Centre and a prefab waiting room for ration card entity, Baiji City, Salah al Din governorate." The contract is valued at $109,026.50. (Source: […]
