By John Lee. The Netherlands and Iraq Venture Partners (IVP) have launched the second phase of the Orange Corners Innovation Fund (OCIF) at a signing ceremony held at the Embassy of the Netherlands in Baghdad. The EUR 2.6-million fund, financed by the Netherlands and implemented by IVP, aims to support young Iraqi entrepreneurs with technical […]
By John Lee. Iraq's Undersecretary of the Foreign Ministry for Political Planning, Ambassador Dr. Hisham Al Alawi, received the Ambassador of the Netherlands to Iraq, Ms. Janet Alberda, on 27th October to discuss a number of issues of common concern between the two countries. From a business perspective, the main points of the meeting between […]
By John Lee. Netherlands-based Damen Shipyards Group has successfully delivered three advanced search and rescue (SAR) vessels to Jawar Al Khaleej (JAK) in a ceremony held at Albwardy Damen in Sharjah, UAE. The handover, which took place just five months after the contract signing, includes two Damen SPi 1605 SAR class vessels and one Damen […]
Second phase of the PROSPECTS partnership launched in Iraq The Government of Iraq officially launched yesterday the second phase of the PROSPECTS partnership in Iraq, an initiative spearheaded and funded by the Government of the Netherlands. This four-year initiative, with a total investment of USD 46 million, aims to provide comprehensive crticial support to refugees, […]
By John Lee. A court in the Netherlands has recognized and granted the enforcement of an arbitration award against the Central Bank of Iraq (CBI). The International Chamber of Commerce (ICC)'s International Court of Arbitration in Paris granted the award in favour of Abu Dhabi-based Cardno ME (CME) on February 26, 2023. It required the […]
By John Lee. Lieutenant General Lucas Schreurs of the Netherlands assumed command of NATO Mission Iraq on Friday (24 May 2024), at a change of command ceremony in Baghdad. He succeeds Lieutenant General José Antonio Agüero Martínez of Spain, who had been in post since May 2023. "It is an honour and privilege for the […]
By Marsin Alshamary, for The Clingendael Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A scramble for legitimacy: Iraq's political elites since the October 2019 protests Iraqi political elites exhibited a variety of responses to the 2019 October protests, the largest demonstrations in […]
By John Lee. Iraq and the Netherlands have agreed to set up what they describe as a "comprehensive bilateral cooperation council." The announcement follows talks last week between Prime Minister Mohammed Shiaa Al-Sudani and his Dutch counterpart, Mark Rutte. A statement from the Prime Minister's office said that the new council will branch out into […]
By John Lee. The International Finance Corporation (IFC), Iraq Venture Partners (IVP), and Innovest Middle East have created a new initiative that aims to address the challenges faced by entrepreneurs in Iraq. A statement from IFC said the new program, "Scale Iraq (#ScaleIraq)", will support 20 startups, addressing their specific needs and gaps, esigning and […]
The Netherlands allocates €48 million to support forcibly displaced people and host communities in Iraq through the PROSPECTS Partnership The Ambassador of the Netherlands in Iraq, Hans Sandee, and the Deputy Special Representative of the Secretary-General and UN Resident and Humanitarian Coordinator for Iraq, Ghulam Isaczai, launched today the new phase of the Netherlands-funded PROSPECTS […]
The International Finance Corporation (IFC), part of the World Bank Group, is supporting Sama Al-Manar and Manar FZCO, subsidiaries of Türkiye-based Tiryaki Agro, in developing a new state-of-the-art agro-industrial complex in Iraq's Umm Qasr Port, including a soybean crushing plant and warehouses, which will help bolster food security, create jobs, and diversify the country's economy […]
From Ex-Machinery. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Hidden Danger of Combustible Dust Dust explosions, though less obvious than other hazards, pose significant risks in various environments. Such explosions occur when combustible dusts like sawdust or flour become airborne and […]
