By Sajad Jiyad for The European Council on Foreign Relations (ECFR). Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Since October, protesters on the streets of Iraq have used one slogan more than any other: “we want a homeland”. Despite hundreds of reported […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Protesters in Iraq have changed the venue of their protests from Baghdad to Nasiriyah in Dhi Qar province, 360 kilometers (223 miles) south of the Iraqi capital. Decisions on the revolution will […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th February 2020). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD600 (+0.5%) / $6439 (+0.1%) (weekly change) (9.0% and -8.2% YTD change, respectively). The number of week traded […]
By John Lee. Iraq's parliament failed to achieve a quorum on Thursday, resulting in the postponement of a confidence in the government of Prime Minister-designate Mohammad Allawi. Parliament's Speaker, Mohammed Halbousi, postponed the session until Saturday. (Sources: AFP, Anadolu Agency)
By John Lee. Genel Energy is reportedly considering whether to expand its operations in Kurdistan and elsewhere. CFO Esa Ikaheimonen (pictured) is quoted as saying that the company has net cash of about $100 million, is open to merger and acquisition opportunities. (Source: Reuters)
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Rest Station- Descendant 000 + 49, Ministry of Construction and Housing Rest Station- Ascendant 500 + 366, Ministry of Construction and Housing Rest Station- Ascendant 000 + 514, Ministry of Construction and Housing Rest Station- Descendant 200 + 101, Ministry of […]
By John Lee. GB Auto (Ghabbour Group) has reportedly decided to cease its representation of Hyundai passenger cars in Iraq. According to Daily News Egypt, the company rejected Hyundai's new multi-distributor strategy, on the basis that such models never yield proper returns on investment. It adds that Hyundai had a market share of approximately 25 […]
By John Lee. Iraq has banned all public gatherings and barred entry to travellers from a number of countries affected by the coronavirus (covid19). Entry permits are being denied to foreigners arriving directly or indirectly from China, Iran, Thailand, South Korea, Japan, Italy, and Singapore, until further notice. Despite the ban on public gatherings, protesters […]
By John Lee. Deceptive shipping practices are reportedly being used in an attempt to conceal cargoes of sanctioned Iranian fuel oil being shipped via the Iraqi port of Khor al-Zubair. Writing in Lloyds List, Michelle Wiese Bockmann gives details of a network of shell companies running 'dark' tankers to transport the sanctioned fuel. Click here […]
Kerlink, a French-based specialist in solutions dedicated to the Internet of Things (IoT), has announced the success of a United Nations High Commissioner for Refugees (UNHCR) pilot program for reservoir monitoring in Uganda and Iraq, which incorporates Kerlink’s LoRaWAN gateway technology. The effectiveness of the sensor-to-cloud monitoring programs in remote locations is resulting in near-term […]
The U.S. Mission in Iraq Announces the 2021-2023 Fulbright Foreign Student Program The United States Embassy is pleased to announce that we are now accepting applications for the 2021-2023 Fulbright Foreign Student Program. This prestigious and competitive scholarship program provides outstanding students and professionals with the opportunity to obtain Master’s degrees at U.S. universities. Launched […]
By John Lee. Iraq has reported four new cases of coronavirus (covid-19), this time in Kirkuk province. In a statement, the Ministry of Health said the four were from the same family, and had recently returned from Iran. They have been placed in quarantine. According to Reuters, Iraq has indefinitely extended an entry ban on […]
