By John Lee. The Iraqi Prime Minister inaugurated the Al-Zaytoon Baghdad / Mövenpick Hotel on Saturday, marking a partial opening of its main facilities in preparation for the upcoming Arab Summit in Baghdad. PM Mohammed S. Al-Sudani highlighted that the hotel is one of the largest private sector projects in tourism and hospitality in the […]
By John Lee. Iraq's Minister of Trade, Dr Atheer Dawood Al-Ghurairi, laid the foundation stone on Thursday for a new modern grain silo in Kirkuk province, with a storage capacity of 60,000 tonnes. The project forms part of the Ministry's infrastructure development strategy to support the agricultural sector and increase national storage capacity. Speaking at […]
By John Lee. Iraq's Federal Commission of Integrity (COI) has called on United Nations Convention Against Corruption (UNCAC) member states to enhance legal cooperation in recovering stolen assets and illicit funds. During a meeting with Swiss Ambassador Daniel Hunn, COI Chairman Dr. Mohammed Ali Al-Lami stressed Iraq's commitment to eradicating corruption and preventing capital flight, […]
By John Lee. The Iraqi Ministry of Trade has signed an agreement with Switzerland's Bühler and Egypt's Samco to construct five state-of-the-art grain silos, each with a storage capacity of 60,000 tonnes. The silos will be built in Kirkuk, Anbar, Wasit, Najaf, and Muthanna, as part of the ministry's infrastructure development plan. Minister Atheer Daoud […]
By John Lee. Iraq's Council of Ministers has authorized the Ministry of Electricity to contract with the Swiss company Loxstone Energy for the supply of gas from Turkmenistan to Iraq via Iran under a swap agreement. Due to the importance and urgency of this contract in maintaining the operation of power plants, the deal is […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met with newly appointed Swiss Ambassador Daniel Hunn on Saturday, celebrating the reopening of Switzerland's embassy in Baghdad after a 33-year closure. Al-Sudani called the move a significant milestone in Iraq-Swiss relations and urged for the activation of joint committees to boost bilateral cooperation. Both sides […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. After 33 years, what's behind Switzerland reopening embassy in Iraq? Switzerland closed its embassy in Baghdad in 1991 amid the Gulf War and is seeking cooperation with Iraq on […]
By John Lee. The Center for Security Studies (CSS) at ETH Zurich has published a report titled, "Social Cohesion in Iraq: Leveraging Religious, Political, and Tribal Authorities for Conflict Transformation." The aim of this report is to explore the nature of conflict transformation activities that engage informal religious and political authorities to foster social cohesion […]
By John Lee. The Iraqi Ministry of Health has renewed its strategic partnership with Swiss pharmaceutical company Roche, as part of ongoing efforts to enhance healthcare services in Iraq. This renewal follows a year of fruitful collaboration that has seen the launch of several ambitious projects aimed at improving the quality of healthcare and expanding […]
By John Lee. Switzerland has reopened its embassy in Baghdad, 33 years after closing it during the 1991 Gulf War. The reopening aims to strengthen bilateral relations and enhance cooperation in economic, security, and migration matters. In a statement, the Swiss Federal Department of Foreign Affairs (FDFA) said: "The new embassy will work to strengthen […]
By John Lee. UNHCR, the UN Refugee Agency, welcomes the recent donation of 940,000 Swiss Frances (approximately one million US dollars) from the Government of Switzerland. This funding will strengthen UNHCR's programmes supporting refugees, internally displaced Iraqis and individuals at risk of statelessness in Iraq. In particular, Switzerland's contribution will enable UNHCR to maintain its […]
By John Lee. Tetra Pak, Saudi Arabia's Al Rabie, and Iraqi-based Alssad company for Food have joined forces at Gulfood 2024 to create a strategic partnership that will produce 50 million packaged beverages annually, that aims to address food security concerns in Iraq. According to a LinkedIn post from Tetra Pak, to meet the growing […]
