ABB named system integrator and automation solution provider INTECH Process Automation UAE as ABB Value Provider (AVP) for the UAE and Iraq. The AVP program ensures that the services customers receive from AVPs meet the high quality standards of ABB products both globally and locally. Huseyn Tarek, Regional President - MEA&CIS Management, INTECH, said: "We […]
By John Lee. UK-based international law firm Clifford Chance has announced that it has advised International Finance Corporation (IFC) and Japan International Cooperation Agency (JICA) on the US$125 million financing of the development, construction, equipping and operation of both new and existing facilities at the Umm Qasr Port in Iraq. In a press release, the […]
Building a peaceful Iraq: New MoU between UNDP Iraq and swisspeace signed A Memorandum of Understanding (MoU) has been signed between the United Nations Development Programme (UNDP) Iraq and swisspeace, to strengthen efforts for peacebuilding and social cohesion in Iraq. The MoU provides a framework for collaboration and secures a two-year partnership between UNDP Iraq […]
By John Lee. Switzerland is hoping to reopen its embassy in Baghdad early next year. The announcement was made after the Chief of Iraq's Protocol Department, Mr. Ali Shamran, met with the Swiss ambassador to Iraq residing in Amman, Mr. Lukas Gasser, and discussed bilateral relations between the two countries and ways to develop them. […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
