By John Lee. The Iraq Britain Business Council (IBBC) has opened a new office in Iraqi Kurdistan. IBBC President Baroness Nicholson opened the new facility, located in Erbil's Italian Village, on Monday. Among those attending were Safeen Dizayee, Head of the KRG's Department of Foreign Relations; James Goldman, UK Consul General in Erbil; and Dr […]
By John Lee. Iraq's General Union of Cooperative Agricultural Associations met with Prime Minister Mohammed Shia Al-Sudani on Saturday. During the meeting, he listened to various proposals and discussions concerning farmers and the agricultural sector's improvement. PM Al-Sudani emphasized the union's critical role as a mediator between the government and farmers. He reiterated the government's […]
By John Lee. Saudi air carrier flynas has launched its first direct flight between Dammam and Al Najaf on Saturday. An inaugural ceremony was held at King Fahd International Airport (KFIA) in Dammam, attended by HE Iraq ambassador to Saudi Arabia and representatives from flynas, the Saudi-Iraqi Coordination Council, the Saudi General Authority of Civil […]
By John Lee. The European Union Mission in Baghdad has held a conference focused on empowering youth and supporting small and medium enterprises (SMEs). According to a statement from the Ministry of Trade's media office, the conference saw broad participation from Iraqi youth, including students, entrepreneurs, and activists. The statement highlighted the Ministry of Trade's […]
By John Lee. The 37th OPEC and non-OPEC Ministerial Meeting -- known as 'OPEC plus' -- was held in Vienna at the weekend. Among the items agreed was to keep Iraq's planned oil production flat at 4.431 million barrels of oil per day for 2025. The next meeting of the group is scheduled to be […]
By John Lee. The Central Bank of Iraq (CBI) has decided to allocate additional funding amounting to approximately 3 trillion dinars [$2.3 billion] to facilitate housing loans through the Real Estate Bank and the Iraqi Housing Fund, supporting the government's housing initiatives. According to the state-run Iraqi News Agency (INA), the Central Bank has instructed […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani chaired the regular meeting of the High Committee for the Development Road Project on Thursday. The meeting included the Ministers of Transport, Planning, Oil, Electricity, and Communications, along with the Prime Minister's advisors. The discussion focused on the project's implementation procedures and progress on previous directives. […]
By John Lee. Iraqi President Abdul Latif Jamal Rashid met with the UK Ambassador, Stephen Hitchen, at Baghdad Palace on Wednesday and commended his role in enhancing bilateral relations. President Rashid said: "Iraq-UK relations should be enhanced with a focus on further developing bilateral ties, notably in the fields of economy, investment, and technology in […]
By John Lee. In a significant step toward bolstering Iraq's financial sector, EU Delegation to Iraq Chargé d'affaires Mr. David Healy has expressed support for the launch of the Central Bank of Iraq's (CBI) National Strategy for Bank Lending for 2024-2029. This strategic initiative, developed under the EU and Germany co-funded project "Strengthening Public Finances […]
By John Lee. Iraq and Canada have agreed to establish communication and hold a joint meeting between the Iraqi Geological Survey and specialized Canadian companies. The goal is to develop mechanisms and terms for joint work in conducting aerial geophysical surveys on behalf of the Iraqi government. The Canadian ambassador, Kathy Bunka, confirmed Canada's and […]
By John Lee. The United Nations Security Council, at its 9642nd meeting on 31st May 2024, decided to extend the mandate of the United Nations Assistance Mission for Iraq [UNAMI] for a final 19-month period until 31 December 2025, unanimously adopting Resolution 2732 (2024). The Iraqi Government welcomed the resolution terminating the mandate, and expressed […]
By John Lee. An Iraqi member of parliament has reportedly warned of a "national security disaster", following the alleged disappearance of funds belonging to Canadian security company Biznis Intel. In 2022, the company was controversially awarded a contract to secure Baghdad International Airport (BIAP), taking over from the British company G4S. Shafaq News Agency reports […]
