Iran's minister of interior unveiled plans to shut the border with Iraq in the southwestern province of Khuzestan in order to contain a new wave of the coronavirus pandemic. Speaking to reporters on Saturday, Abdolreza Rahmani Fazli said the Coronavirus Fight National Headquarters has made new decisions to control the coronavirus in Khuzestan province, where […]
By Omar Sirri, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Destructive creations: social-spatial transformations in contemporary Baghdad This working paper examines social-spatial transformations in contemporary Baghdad by zooming in on two of the […]
By John Lee. Iraq has reportedly "put on hold" it oil contract with China's Zhenhua Oil. The multi-billion-dollar agreement would have seen Zhenhua pre-pay Iraq's State Oil Marketing Organization (SOMO) for a regular supply of crude oil. Oil prices have risen significantly since the deal was struck. More here. (Source: S&P Global)
By John Lee. Applications are now open for the Orange Corners Baghdad incubation program. If you have an innovative e-commerce idea or solution, this program will advance you in the entrepreneurial world in just six months. Orange Corners Baghdad supports Iraqi youth in bringing their entrepreneurial ideas to life. Through a six-month incubation programme, it […]
Iraq's Ministry of Interior and UNDP launch E-Learning Platform for Iraqi Local Police The Iraqi Ministry of Interior and the United Nations Development Programme (UNDP) in Iraq have launched an E-Learning Platform for the Iraqi local police to improve opportunities for training, career development, and specialised education. The Platform offers easy access and enrolment to […]
By John Lee. Oil Minister Ihssan Abdul-Jabbar Ismail has given further details of the seven "alternative energy" plants that will be built, clarifying that they will all be solar power plants. The projects will have a combined capacity of 750MW, with the largest being a 300-MW facility in Karbala. There will also be plants in […]
By John Lee. Prime Minister Mustafa Al-Kadhimi has chaired a meeting with ministers and officials on the construction of a ring-road around Baghdad. During the meeting, there was a comprehensive presentation of the route and design of the road, and the Prime Minister also emphasised the importance of the project to the city and the […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG will see 20 billion dinars monthly from new corporate tax on internet and telecom companies: official The Kurdistan Regional Government (KRG) will attempt to bring in nearly 20 billion dinars [approx $13.7 million] […]
By John Lee. US Consul General Robert Waller has met with Ahmed Qadir [Ahmad Kadir Ismail Al Majidi], Chairman of HewaHolding, which owns the Fatburger and The Coffee Bean and Tea Leaf franchises in Erbil. While visiting Erbil's Majidi Mall, they discussed the company's future plans to expand and bring other American brands to the […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Former Iraqi minister sentenced to two years in prison for corruption A Baghdad court on Sunday sentenced a former Iraqi minister and a general manager from the same ministry each to two years in […]
By John Lee. NATO defence ministers concluded their second day of meetings via secure teleconference on Thursday. They discussed NATO-led missions in Afghanistan and Iraq. Both missions are key contributions to the fight against international terrorism. On Iraq, Ministers agreed to expand the scope of the NATO mission, following Iraq's request, in order to support […]
By John Lee. The Iraqi Cabinet has agreed to approve a recommendation from the National Investment Commission (NIC) for the Ministry of Electricity to proceed with an investment project for the construction of seven "alternative energy" power plants. The new power stations are to be built in Karbala, Wasit, Babylon, and Al-Muthanna provinces. (Source: Govt […]
