Dr. Rafid Aziz Joins Board of Directors of Iraqi Children Foundation The Iraqi Children Foundation (ICF) is pleased to announce the selection of Dr. Rafid Aziz (pictured), President of the United Iraqi Medical Association in the United Kingdom, to join the ICF Board of Directors. Grant Felgenhauer, ICF Board Chairman, said: "ICF has pledged in […]
By John Lee. The United States has said it is outraged that peaceful demonstrators who took to the streets to urge reform were met with threats and brutal violence. In a statement issued on Thursday, the US State Department added: "Moreover, the violation of Iraqi sovereignty and rule of law by armed militias harms all […]
Prime Minister Masrour Barzani has laid the foundational stone for the Kurdistan Regional Government's Wheat Marketing Project in Slemani (Sulaymaniya). The $122 million project will be implemented by Qaiwan Group, in accordance with international standards, and finalized by 2025. At the inaugural ceremony, the Prime Minister described the agriculture project as a strategic investment to […]
By John Lee. Iraq was reported to be Iran's second biggest non-oil export destination for the period from 21st March to 21st May. Mehdi Mir-Ashrafi, the head of the Islamic Republic of Iran Customs Administration, is quoted as saying that Iran exported $2 billion worth of non-oil exports to China over that time, and $953 […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for April of 88,398,319 barrels, giving an average for the month of 2.947 million barrels per day (bpd), effectively the same as the 2.946 million bpd exported in March. The exports from the oilfields in central and southern Iraq amounted to approximately 85,534,916 […]
By John Lee. Petrofac has announced that for the year ended 31st December 2020, the company had revenues of $238 million in Iraq -- $105 million in engineering and construction, and $133 in engineering and production services. This represented about 6 percent of the company's total turnover, and was down from a total of $325 […]
The modernisation of Iraqi agriculture is a priority for the current Government of Iraq. IBBC is holding what intends to be an interesting panel of world leading experts on the subject, to showcase, explain, inspire and encourage Iraq to accelerate its investment in Agritech. Join us on 1st June at 2.30pm to listen to and question the […]
As part of its efforts to transform the Kurdistan Region into a competitive producer, the Kurdistan Regional Government has invested in strategic projects to strengthen and expand the region's agricultural sector and food industry. One of these landmark projects is the Wheat Marketing Project, which Prime Minister Masrour Barzani launched on Nov. 1, 2020 as […]
By Mohammed Hussein, for The Iraqi Economists Network (IEN). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Private Sector Development: Iraq's Long-lost Solution Six years passed since the Iraqi government launched its Private Sector Development Strategy 2014-2030, aiming to reform regulatory frames and market conditions […]
By Dr. Zeki Fattah, for The Iraqi Economists Network (IEN). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Dutch Disease and Iraq's Foreign Exchange Rate Economists who studied the reasons for the low per capita growth of GDP in developing countries that rely […]
By John Lee. The Saudi embassy has announced that King Salman bin Abdulaziz will fund the rehabilitation of Ibn Al-Khatib Hospital in Baghdad, as a gift to the Iraqi people. A fire at the hospital last month killed at least 82 people, and left more than 100 injured. Saudi Arabia will also take critically ill […]
ILO and partners launch nation-wide campaign to tackle the worst forms of child labour in Iraq The International Labour Organization (ILO) in Iraq and partners launched a nation-wide campaign to tackle the worst forms of child labour in the country. The campaign will target 10,000 children, their families and guardians, teachers, employers, and the media […]
