Tag Archives | mn

Iraqi e-Commerce Venture Orisdi secures Six-Figure Investment

By John Lee. The Iraqi, vertically integrated, e-commerce store Orisdi has successfully concluded a six-figure bridge round of investment. The company said in a press release that the funding was arranged in August, and included both new investors and existing shareholders, such as Al Sharqiya TV Group, Amar Shubar, Ahmed Sultani, Naveed Pasha, Hassan Al […]

Iraqi to Extend Controversial Airport Security Contract

By John Lee. The Iraqi Cabinet has endorsed recommendations from a meeting aimed at "unifying security measures" at Baghdad International Airport (BIAP). According to a statement from the Media Office of the Iraqi Prime Minister, the decisions are as follows: The Iraqi Civil Aviation Authority (ICAA) will settle its dues to the Canadian company Biznis […]

UN Envoy highlights Promising Initiatives in Iraq

The Government of Iraq has made "several important steps and promising initiatives" one year since its formation, but more efforts are required to address the populations needs, the Head of the UN Mission in the country, UNAMI, told the Security Council on Tuesday. Presenting the Mission's latest report, UN Special Representative Jeanine Hennis-Plasschaert updated ambassadors […]

UK "is Committed to the Stability and Security of Iraq"

By John Lee. In a statement at the UN Security Council meeting on Iraq yesterday (Tuesday), the UK's Deputy Political Coordinator Tom Phipps (pictured) said the UK remains committed to supporting the Iraqi Government and the implementation of its ambitious reform agenda. He welcomed in particular the passing of the budget in June, which he […]

Baghdad Residential Complex to feature Iraq's Tallest Skyscraper

By John Lee. The President of Iraq's National Investment Commission (NIC) has launched the Downtown Baghdad project, which will feature Iraq's tallest skyscraper, with 65 floors. Dr. Haider Muhammad Makiya said the project would serve as a modern and contemporary residential complex designed for sustainability. He emphasized that there would be no additional expenses for […]

New Facility at Al-Faw to Process Iraq's Gas Imports

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday evening to discuss diversifying gas sources for power stations in Iraq. During the meeting, the delegation's report on their recent visit to Qatar was discussed, led by the Deputy Minister of Electricity. The meeting concluded with an agreement to establish a fixed […]

Iraq and Turkmenistan Discuss Gas Imports

By John Lee. During a meeting with Turkmenistan's Minister of State for Gas Affairs, Iraq's Deputy Prime Minister for Energy and Minister of Oil expressed the desire to enhance bilateral cooperation in the oil and energy sectors. They discussed expanding mutual collaboration in these fields, highlighting the potential both countries possess. Emphasis was placed on […]

Discussions to allow Iraqi Airlines to fly in EU

By John Lee. The European Union's Ambassador to Iraq has held discussions with the Iraqi Civil Aviation Authority (ICAA) with the intention of allowing Iraqi Airlines to fly in the EU. Newly-appointed Thomas Seiler said the matter will be discussed regularly, and both sides will work closely together on audits, checks and technical assistance. (Source: […]

Help Vulnerable Iraqi Children this Weekend

Iraqi Children Foundation's 11th Annual "In Their Shoes" 5K is coming up on October 15! Help us raise awareness and funds for ICF's programs and provides access to lifesaving medical treatment, education, legal services, psychosocial support, food, and more. Details Where: Hains Point, Washington, D.C. or Virtually When: Sunday, October 15 registration at 7am and […]

World Bank Revises Down Iraq GDP Growth

By John Lee. The World Bank has revised down its estimates for growth in Iraq. In its MENA Economic Update (previously known as MENA Economic Monitor), it says the forecast for GDP growth in Iraq for 2023 has been updated to -2.3 percent, 5.1 percentage points less than the forecast in April 2023, and significantly […]