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KRG launches New Anti-Corruption Hotline

The Kurdistan Regional Government have officially launched a special hotline to receive complaints about corruption and wrongdoings committed by national and state institutions and officials. It is being led by the Kurdistan Region of Iraq's Commission of Integrity, an independent government body responsible for fighting corruption. The hotline was launched at an event in Erbil […]

ScopeSky wins Contract with UNAMI

By John Lee. Iraqi-based IT company ScopeSky has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI), for the supply of communication services over the coming year. The contract is valued at $173,925. (Source: UN)

Iraqi Innovators Launches First Event in London

In an effort to build an international community of supporters and allies for Iraq's startup sector, Iraqi Innovators held its first in-person event in London on 25th November 2022. The day began with a presentation by co-founders Amara Bandukada and Zahra Shah explaining the work of Iraqi Innovators and providing an overview of the Iraqi […]

AUK and Alexandrion agree on Collaboration

The American University of Kurdistan (AUK) has hosted executives of the Alexandrion Foundation, the philanthropic division of the Alexandrion Group, to formalize collaboration. This partnership with the Alexandrion Foundation is exciting for AUK as an institution, its students as individuals, and Kurdistan as a region. Local TV channels converged on the AUK Rotunda to capture […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st December 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD905 (-1.0%) / $783 (-1.5%) (weekly change) (-1.5% and -2.8% YTD change, respectively). The weekly trading volume was […]

General Dynamics wins new Iraq Defense Contract

By John Lee. General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded a $16,488,103 modification (P00004) to contract W56HZV-21-C-0072 for contractor logistics support for M1A1SA Abrams tanks and M88A1/A2 recovery vehicles. Work will be performed in Camp Taji, Iraq, with an estimated completion date of Dec. 31, 2023. (Source: US Dept of Defense)

Iran "signs $4bn Services Deal with Iraq"

By John Lee. Iran and Iraq have reportedly concluded a $4-billion contract under which Iran will supply technical and engineering services to Iraq. The report from Iran's state-run PressTV gave no details of the deal, but quoted Hamid Hosseini, Director of the Iranian Oil, Gas and Petrochemical Products Exporters' Association (OPEX), as saying: "In the […]

Iraq Oil Revenue of $8.2bn in November

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for November of 99,867,946 barrels, giving an average for the month of 3.329 million barrels per day (bpd), up from the 3.282 million bpd exported in October. The exports from the oilfields in central and southern Iraq amounted to approximately 97,204,696 barrels, while […]

New KRG Law of Electronic Signatures and Transactions

Prime Minister Masrour Barzani's statement on the passage of the Law of Electronic Signatures and Transactions: I strongly welcome the Kurdistan Parliament's passage of the amended 'Electronic Signatures and Transactions' federal bill today. The passage of this important piece of legislation - a collaborative effort across the whole of government with support of global best […]

Iran's Oil Ministry Opens Representative Office in Baghdad

By John Lee. Iran's Ministry of Petroleum has reportedly opened a representative office in Baghdad. A representative of Iran's Ministry of Petroleum was quoted as saying that the office was opened to promote cooperation and synergy, and particularly joint projects between Baghdad and Tehran in the fields of oil, gas, and energy. He added that […]

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