Iraq-based International Network for Cards and Digital Payment Services (INC Iraq) and a Lebanese fintech startup NymCard that is digitizing how payments cards are issued, delivered, and used, in collaboration with Visa have launched the first digital-only (prepaid) payment card ‘Neo‘ in Iraq to serve the underbanked Iraqi population, the two companies announced in a […]
Tag Archives | Lebanon
Iraq commits to further Advancing the Digital Economy
Iraq, Jordan and Lebanon have committed to digitally transform their countries, discussing their roadmaps to support the Mashreq region's integration into the rapidly evolving global digital economy. The commitments came on the first day of the landmark, high-level forum on Digital Economy and Entrepreneurship Development in Mashreq, which was hosted by the Government of Jordan […]
Lebanon calls for Restoration of Iraq Oil Pipeline
By John Lee. The Speaker of the Lebanese Parliament has reportedly called for the restoration of an oil pipeline between Iraq and Lebanon, which ceased operation during the Iran-Iraq war more than 30 years ago. On the last of a four-day visit to Iraq, during which he met with Iraqi President Barham Salih, Nabih Berri […]
Iraq hosts Lebanese Business Delegation
By John Lee. A delegation of major Lebanese companies have arrived in Baghdad for a series of meetings with Iraq's National Investment Commission (NIC). The were accompanied the Lebanese Minister of Telecommunications, Dr. Muhamed Shuqair, and the opening meeting was attended by the Iraqi Minister of telecommunications, Dr. Naeem Al- Rubaiee; NIC Chairman, Dr. Sami […]
Iraq-Lebanon Oil Pipeline expected back in Service
By John Lee. Reports from Lebanon suggest that an old pipeline between Iraq's Kirkuk oilfield and the Lebanese city of Tripoli is expected to be brought back into service. Cesar Abi Khalil (pictured), Lebanon's Acting Minister for Energy and Water, is quoted as saying that Lebanon is in contact with officials in Iraq and Syria […]
KRG PM Barzani receives Lebanese Delegation
KRG Prime Minister Nechirvan Barzani received Lebanese Minister of Foreign Affairs Gebran Bassil, Minister of State for Combating Corruption Nicolas Tueni, and their accompanying delegation. In the meeting, also attended by Kurdistan Regional Government ministers and senior officials, they discussed the political situation in Iraq including the post-election process, and the formation of the new […]
Iran-backed PMU Militias Raising Profile
By Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. In Iraq, tension between the US-led coalition and armed groups linked to Iran has risen in recent months. For example, the United States sanctioned key representatives of Lebanese militant group Hezbollah on […]
Iraq to ease Visa Procedures for Investors
By John Lee. The Iraqi government has said it is introducing changes to simplify visa and residency procedures for visitors, international investors and entrepreneurs from a number countries. It added that citizens of Lebanon will be able to obtain entry visas on arrival at Iraqi airports as part of a reciprocal agreement between the two […]
Mueller witness "Helped Broker" $4.2bn Iraq-Russia Arms Deal
By Laura Rozen for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The dealmaker: Mueller witness helped broker $4.2 billion Iraq-Russia arms deal A Lebanese-American businessman reported to be cooperating with Special Counsel Robert Mueller’s Russia probe helped broker a controversial 2012 Iraq-Russia arms deal valued at […]
Corruption Probes: Iraq takes Custody of Officials
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. Iraq is boosting its efforts to extradite fugitives wanted in corruption cases. On Jan. 25, Iraqi authorities in cooperation with Interpol took custody of former Trade Minister Abdel […]
Iranian Universities enter Iraq
By Zep Kalb for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. In the aftermath of the US-led invasion of Iraq in 2003, the country's educational system all but collapsed. Illiteracy rates have exploded. Universities have turned into sectarian battlegrounds. Systemic violence — including beatings, rape and […]
Dual Nationality allows Iraqi Officials to Escape Abroad
By Rabih Nader for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Lebanese authorities arrested a former Iraqi minister who was wanted by Interpol at the airport in Beirut Sept. 8. The identity of the minister has not been released yet, but Lebanese […]