By John Lee. Iraq has fallen one place in this year's Legatum Institute Prosperity Index, ranking in 137th place out of the 167 countries measured. The Index consists of 12 pillars of prosperity, built upon 66 actionable policy areas (elements), and is underpinned by 294 indicators. Denmark, Norway and Switzerland took the top three positions. […]
Tag Archives | Switzerland
Tags: Central African Republic, Denmark, featured, Legatum Institute, mn, Norway, Prosperity Index, South Sudan, Switzerland, Yemen
Switzerland Supports WFP Assistance to Refugees in Iraq
The United Nations World Food Programme (WFP) welcomes a donation of US$522,500 from the Government of Switzerland to support the food needs of nearly 24,000 refugees and internally displaced people for one month. The funds, coming through the Swiss Agency for Development and Cooperation, will be used to provide cash assistance to 13,400 Iraqis displaced […]
Tags: featured, IDPs, Internally Displaced People, mn, Refugees, Swiss Agency for Development and Cooperation, Switzerland, United Nations (UN), World Food Programme (WFP)
Seedstars Baghdad chooses Top 3 Startups in Iraq
Seedstars World, the largest seed-stage startup competition for emerging markets and fast-growing startup scenes, hosted its Iraq round this Friday, at The Station, where 8 selected startups were invited to present their companies in front of the local jury panel. The local winners were chosen for their innovative sustainable solutions on their different fields. The […]
Tags: Al-ebtkar, Ashur International Bank, Baghdad, Careem, Central Bank of Iraq (CBI), Entrepreneurship, featured, GE, IOT Kids, mn, Seedstars, Social n' Tech, start-ups, Switzerland, Tabib Baghdad, The Station, UN Development Programme (UNDP), Ur Transport, Zain, Zain Iraq
Baghdad’s Quality of Living Ranking …
By Editor on 18th March 2019 in Iraq Public Works News, Leisure and Tourism in Iraq, Politics, Security
By John Lee. Baghdad has again been ranked as the city with the world’s worst quality of living, according to the Mercer 2019 Quality of Living Survey. Just ahead of it in the table of 231 cities are Bangui in the Central African Republic and Sana’a in Yemen. Vienna again retains the top spot; Zurich […]
Tags: Austria, Canada, Central African Republic, featured, Mercer, mn, Quality of Living, Switzerland, Yemen
ABB to complete Iraq Projects by 2024
By John Lee. ABB is reportedly targeting 2024 for the completion of energy projects in Iraq. Its managing director for the Middle East, Mostafa Al Guezeri, told The National that the Swiss-Swedish company is in the planning stage for its $1.2-billion work in the country. He added that the company was committed to spending more […]
Seedstars Erbil: Finding the Best Start-Up in Iraq
On August 10th, ten of Iraq’s best seed-stage startups will compete in Erbil to represent the country at the Seedstars Summit in Switzerland and win up to USD 1 million in equity investments and other prizes. The first Seedstars competition in Erbil is marked by the excitement and commitment of Seedstars and its partners in […]
Tags: Entreprenuership, Erbil News, featured, Kurdistan News, Seedstars, start-ups, Switzerland, TechHub
ABB Wins Orders from Iraq's Min of Electricity
Swiss-Swedish group ABB has won orders from the Ministry of Electricity in Iraq to deliver five fixed and 15 mobile 132-kilovolt substations that will help strengthen the power grid and provide electricity in central Iraq. The government of Iraq is rebuilding the country and investing in its grid as part of its ambitious plan to […]
Baghdad’s Quality of Living Ranking …
By Editor on 24th March 2018 in Iraq Public Works News, Leisure and Tourism in Iraq, Politics, Security
By John Lee. Baghdad has again been ranked as the city with the world’s worst quality of living, according to the Mercer 2018 Quality of Living Survey. Just ahead of it in the table of 231 cities are Sana’a in Yemen and Bangui in the Central African Republic. Vienna again retains the top spot; Zurich […]
Tags: Austria, Central African Republic, featured, Mercer, New Zealand, Quality of Living, Switzerland, Yemen
$210m UK Support for GE Power Deal
By Editor on 1st February 2018 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Iraq Public Works News
The UK's Minister of State for Trade and Export Promotion, Baroness Rona Fairhead (pictured), has announced $210.8 million in support from UK Export Finance (UKEF) for the second project agreed under the UK-Iraq infrastructure Memorandum of Understanding. The contracts with the Ministry of Electricity in Iraq, valued at $220 million, will see GE Global Services UK upgrade […]
Tags: Electricity In Iraq, featured, GE, General Electric, SERV, Switzerland, UK Export Finance (UKEF), United Kingdom
Sulzer appoints Authorized Repair Partner in Iraq
Sulzer, the Swiss-based specialist in pumping solutions, has appointed Al Majal Technical Services (AMTS) as their authorized repair partner in Iraq. AMTS was founded in 2015 to provide a full spectrum of Oil and Gas services including rotating equipment. The AMTS workshop, located in North Rumaila, is a 3000 m2 state-of-the-art facility, equipped with a […]
Mövenpick Signs Basra Hotel Deal
Swiss-based Mövenpick has signed a deal to manage a five-star, 152-key hotel in Basra, Iraq"s economic capital and a regional oil and gas hub. The Mövenpick Hotel Basra is scheduled to open in the first quarter of 2018. Located in the center of Basra, within the commercial district of Al Baradi'yah and 25km west of […]
Scandalous Satarem Refinery Contract gets Final Notice
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Satarem-Missan Refinery Scandalous Contract Gets Final Termination Notice The Iraqi Ministry of Oil (MoO) announced on 4th January 2018 that it had obliged Missan International Refinery Company (MIRC) (actually the bankrupt Swiss […]