Tag Archives | mn

US continues to Support UNHCR in Iraq

United States of America continues its support to UNHCR critical work in Iraq UNHCR welcomes the new contribution of USD 41.8 Million from the United States of America that aims at supporting the response for Internally Displaced Iraqis, the 2020/2021 Syria Regional Refugee and Resilience Plan, refugees and asylum seekers as well as the response […]

Iraqi Business Accelerator Hunts for Next Big Thing

Iraq's First Business Accelerator Is on the Hunt for the Next Big Thing! Takween, Iraq's first business accelerator, has announced that applications for its first cohort are now open. The 12-week program will run online with 10-15 innovative, growth-stage Iraqi ventures, and end with a virtual demo day where startups will pitch their ideas to […]

IBBC hosts Panel to review the Govt's first 3 mths

On Monday 10th August-a distinguished online panel of academics and an IBBC advisory panel reviewed the GOI's approach to decisions and progress. Dr Munqith Dagher-senior associate at CSIS and CEO of IIACSS, gave a new revealing and informative presentation on public perceptions of the new GOI, and its future prospects and opportunities. Dr Rana Khalid, […]

Progress on Free Trade Zones between KRI and Iran

By John Lee. Iran is reportedly ready to start technical negotiations with the Kurdistan Regional Government (KRG) over the opening of two important free trade zones. Mehdi Shushtari, Iran's Consul-General in Sulaimani, told Rudaw the preliminary work at Parvizkhan and Bashmakh border crossings has already been completed. Click here to read the full story. (Source: […]

Addressing Iraq's Fragility crucial to Recovery from COVID

Addressing Iraq's fragility crucial to recovery from COVID-19 pandemic Failure to address Iraq's multi-faceted fragility could lead to an increase in extreme poverty across the country, according to a new report released today by the United Nations Development Programme (UNDP) in Iraq. Impact of the Oil Crisis and Covid-19 on Iraq's Fragility explores the major […]

Iraqi Ports, Airports Checked for Dangerous Materials

By John Lee. Iraq's Minister for Transport, Nasir Hussein Bander Hamad [Nasser Hussein Al-Shibli], has instructed the General Company for Iraqi Airways to begin inspecting all shipments stored in its warehouses to ensure that they are free of explosive materials. Earlier, the Minister gave the General Company for Ports of Iraq (GCPI) 72 hours to […]

HRW submits Concerns on Iraq to UN

Submission by Human Rights Watch to the UN Human Rights Committee in advance of its review of Iraq This memorandum provides an overview of Human Rights Watch's main concerns with respect to the human rights situation in Iraq, submitted to the United Nations Human Rights Committee in advance of its review of Iraq in October-November […]

Market Review: "Banks Lead Market Recovery"

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "Banks Lead Market Recovery" The extreme summer heat in July, much hotter this year than usual, and rising COVID-19 infections were supposed to […]

New Food Industry Zone to be built in Duhok

By John Lee. KRG Prime Minister Masrour Barzani recently laid the foundation stone of a food industry zone in Duhok. In a statement, PM Barzani said: "Our promise is to develop other sectors of the economy and end our dependence on a single source of revenue. "Better infrastructure will benefit the whole of Kurdistan. Our […]