By John Lee. Oil Minister Thamer Al-Ghadhban met on Tuesday with Nhat Ozdemir, Chairman of the Board of Directors of Turkish conglomerate Limak. The minister said he was keen to develop the energy sector through cooperation with international companies, noting the presence of promising opportunities in Iraq. Mr Ozdemir said his company wants to cooperate […]
Denmark provides an additional $4 million to Security Sector Reform in Iraq The Government of Denmark will contribute an additional 27 million Danish Kroner (approx. USD 4 million) to advance Security and Justice Sector Reform in Iraq in the coming years. This support will be managed and facilitated by United Nations Development Programme (UNDP). UNDP […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Hussein Shaalan feels nostalgic for the 1990s, when international sanctions against Iraq following the country’s annexation of Kuwait made his pottery business soar. “The 1990s were the last years when this […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi market, as measured by the Rabee Securities RSISUSD Index, declined by -9.7% in February, taking the year to date decline to -12.5%. February’s […]
By John Lee. Oil Minister Thamer Al-Ghadhban met on Monday with Richard Crow, the Director of Development for the Middle East and North Africa at Shire Oak International. During the meeting, they discussed prospects for joint cooperation in developing Iraq's renewable energy sector. Mr Crow expressed his company's desire to develop the country's energy sector […]
By Kate Denereaz, for the AMAR International Charitable Foundation. Work is a huge part of our lives. It provides security, meaning and a sense of belonging. It’s part of who we are. Many AMAR staff, like the people they serve, have been displaced by war and violence. Working for AMAR provides structure and a semblance […]
A new cybercrimes law that would impose heavy prison sentences and hefty fines against peaceful critics who express themselves online would be a devastating setback for freedom of expression in Iraq, Amnesty International has said. The organization has highlighted its serious concern over the draft “Law on Information Technology Crimes” in an open letter signed […]
By John Lee. The Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) have reportedly signed a four-year political agreement which includes measures to speed up the formation of the new Kurdistan Regional Government (KRG). According to a report from Rudaw, KDP deputy president Nechirvan Barzani and the PUK's acting leader Kosrat Rasul Ali […]
The government of Japan has donated US$3.4 million to provide lifesaving health and nutrition assistance for vulnerable children in conflict affected areas in Iraq. Approximately 4.2 million people have returned to their homes after fleeing the violence that erupted in 2014, however many find their homes and communities have been reduced to rubbles and essential […]
By Alexander Southworth, Iraq Britain Business Council (IBBC). Exploring Tech in Iraq: ‘Hackasuly – Promoting Tech Literacy for a New Generation of Iraqis’ “Education is the most powerful weapon which you can use to change the world”. In a country which has seen its fair share of weapon misuse over the last few decades Mandela’s […]
By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for February of 101,387,615 barrels, giving an average for the month of 3.621 million barrels per day (bpd), down from the 3.649 bpd exported in January. These exports from the oilfields in central and southern Iraq amounted to 99,120,006 barrels, while exports from […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
