By John Lee. On Monday, January 23, 2023, the President of the Republic of Iraq, Abdullatif Jamal Rashid met with the Head of the Iraq Britain Business Council (IBBC), Baroness Emma Nicholson alongside her delegation from British universities, at the Baghdad Palace. While speaking about Basra, Mosul, and Baghdad universities, His Excellency President Rashid said […]
By John Lee. Prime Minister Muhammad Shia al-Sudani has dismissed the President and Chairman of Trade Bank of Iraq (TBI). The state-run Iraqi News Agency (INA) reported that al-Sudani "referred" Dr Salem Chalabi (pictured) "to retirement". Widely respected internationally, Dr Chalabi had been appointed by the previous Prime Minister, Mustafa Al-Kadhimi, in September 2020. According […]
By John Lee. The Governor of the Central Bank of Iraq (CBI) has reportedly been replaced, following the continuing fall in value of the Iraqi Dinar. Sources, including Associated Press, say that Prime Minister Mohammed Shia al-Sudani accepted the resignation of Mustafa Ghaleb Mukheef [Makhaif] (pictured), while others say the Governor was "sacked." It is […]
By John Lee. On Sunday, Prime Minister Muhammad Shia Al-Sudani chaired a meeting with the Federation of Iraqi Chambers of Commerce to discuss the causes of the fluctuations in the Iraqi dinar exchange rate, and their impact on citizens. The meeting aimed to develop decisive solutions to stabilize the exchange rate and limit damage to […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Debating TotalEnergies' Agreement- A breakthrough or Recycling Old Practices Without Economic Feasibility and Lacks Transparency After only four short visits to Iraq and holding a few meetings behind closed doors, TotalEnergies (TE) […]
By John Lee. The Kalar-Darbandikhan road project has completed its first phase, according to a press release from the KRG. Garmian Roads Director Adnan Khalil said: "The first phase of the project, 24 kilometers long and 17 meters wide, has been completed at a cost of 46 billion dinars. "The second phase of the project […]
By John Lee. Bab Al Karama for General Contracting Ltd. has won a new contract with the United Nations for the construction of a pedestrian bridge over the Maghrib wadi, installation of a BRC fence along the wadi, a cleaning campaign and supply of garbage containers in Maghreb area, Nineveh Governorate. The contract is valued […]
By John Lee. Two new projects were officially launched in sector 128 of Ankawa district on Monday, January 16th. The projects, which include street paving, sidewalk construction, water supply, and sewerage will be financed by the KRG's Ministry of Municipalities and Tourism. Additionally, an expansion of the sector's electricity network will be financed by the […]
By John Lee. Jabal-Alzaytoun Ltd. has won a new contract with the United Nations for the supply of materials the maintenance of water networks and pumps for Mosul and Telafar [Talafar] Water Directorates. The contract is valued at $111,909. (Source: UNGM)
Kurdistan Region Government (KRG) farmers, who used to grow wheat, barley, vegetables and fruits, are now growing dozens of other crops, including corn. The Kurdistan Region Government (KRG) needs one million tons of corn annually and the Ministry of Agriculture of the Kurdistan Region Government (KRG) has paid attention to this product and plans to […]
By John Lee. Wide Knowledge Company Ltd. has won a new contract with the United Nations for the supply and delivery of IT equipment in Erbil and Mosul. The contract is valued at $52,819. (Source: UNGM)
Germany supports UNDP in strengthening criminal justice services in Iraq Germany and the United Nations Development Programme (UNDP) have signed a EUR 826,250 donor agreement on strengthening Iraq's criminal justice services and improving their capacities to conduct effective interviews in line with international human rights commitments. The project promotes the application of the new regulations […]
