By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi students stranded in Ukraine Iraqi students are stuck in Ukraine and seem unable to flee due to the Russian invasion of that country. Click here to read the […]
By John Lee. Shares in Swedish telecom company Ericsson have again fallen sharply, following further disclosures about the its conduct in Iraq, and concerns that it had not cooperated fully with the US Department of Justice. In a statement on Wednesday, the company said: "On December 6, 2019, Ericsson entered into a Deferred Prosecution Agreement […]
IoT-Kids, an Iraqi-based online programming learning platform for children, has successfully secured five-figure investment from the leading ISP provider in Iraq - Earthlink Telecommunications, through the Iraqi Angel Investors Network (IAIN) member, Dr. Ala'a Jasim [Alaa J Mousa]. This investment included a matching grant of 20,000 dollars from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for February of 92,790,173 barrels, giving an average for the month of 3.314 million barrels per day (bpd), up from the 3.203 million bpd exported in January. The exports from the oilfields in central and southern Iraq amounted to approximately 91,314,828 barrels, while […]
By John Lee. Japan's JGC Corporation has said it expects its Iraqi oil refinery project to significantly increase its sales for the fiscal year starting 1st April 2022. Prime Minister Mustafa Al-Kadhimi laid the foundation stone for the new $4-billion Fluid Catalytic Cracking (FCC) complex at Basra Refinery in April 2021. The project will increase […]
By John Lee. The President of the Iraq Football Association (IFA) has confirmed that Iraq's forthcoming World Cup qualifier against the United Arab Emirates (UAE) will take place in Iraq. Adnan Dirjal, who is also Minister of Youth and Sport, said the match will be held at the Al-Madina International Stadium in Baghdad in late […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for January of 99,286,078 barrels, giving an average for the month of 3.203 million barrels per day (bpd), down from the 3.277 million bpd exported in December. The exports from the oilfields in central and southern Iraq amounted to approximately 96,430,596 barrels, while […]
From the Iraq Britain Business Council (IBBC): From 12th to 19th February 2022 Baroness Nicholson accompanied by IBBC Managing Director Christophe Michels visited Baghdad, Erbil and Dohuk. For their meetings they were joined on occasion by IBBC's Member Representative in Iraq, Mr Haider Al Shamaa, and by IBBC Executive Committee Member, Mr Sardar Al Bebany. […]
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has opened the Al-Kawthar Paper Factory in Karbala. The plant has a capacity of 250 tons of paper per day, which covers 17 percent of the Iraq's needs. It can also produce 150 tons per day of cartons, covering 15 percent […]
Among the fruits of the partnership between The Association of Municipalities and Towns of Slovenia and Basra governorate, is the Basra Business Incubator. The Basra Business Incubator was opened last December to help young people kick-start their projects and their future careers. The incubator -the first of its kind in the region- will serve as a […]
By John Lee. The Dutch Ministry of Foreign Affairs has announced training opportunities at educational institutions in the Netherlands, targeted at Iraqi professional "impact makers" under the age of 45. Approximately 20 scholarships will be awarded to female and male professionals who are: highly motivated; living and working in Iraq; 20 to 45 years old; […]
The Iraqi businessman, Sheikh Mohammed Al'Khouzai [Alkhouzai], has announced that he is putting his name forward as a candidate for the position of Prime Minister. Mohammed, a long-time friend of Iraq Business News, claims support from across the political spectrum, and from a range of tribal leaders. Amongst those endorsing his candidacy are Dr. Mahmoud […]
