By Miriam Muller and Matthew Wai-Poi, for World Bank Blogs. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What gets in their way? A closer look into why so few women work in Iraq, Jordan, Lebanon Less than 15 percent of women participate in […]
COVID-19 and Low Oil Prices Push Millions of Iraqis into Poverty The twin shocks of COVID-19 pandemic and the collapse of oil prices have caused significant economic challenges and pushed millions of Iraqis into poverty, according to the new issue of the World Bank's Iraq Economic Monitor. The new Fall 2020 edition of the Iraq […]
By John Lee. French telecoms company Orange Group has reportedly launched legal proceedings against the Iraqi government with the International Center for Settlement of Investment Disputes (ICSID), part of the World Bank, for more than $400m that it alleges was expropriated by the country's regulator. The case relates to the company's investment in Korek, the […]
Breaking Out of Fragility: A Country Economic Memorandum for Diversification and Growth in Iraq Iraq is at a crossroads. Almost two decades after the 2003 war, the country remains caught in a fragility trap, facing increasing political instability, growing social unrest, and a deepening state-citizen divide. Amid a multitude of crises (including an oil price […]
KAPITA launches the first Iraqi dedicated Angel Network The Iraqi entrepreneurship ecosystem receives a major boost with the launch of the first Iraqi angel investors network KAPITA is launching Iraq's first Angel Investor Network - IAIN ( https://iraqangels.net/ ) that is dedicated to connecting startups with angel investors in order to develop the Iraqi entrepreneurship […]
New report from FAO, IFAD, WFP and the World Bank reveals complex impact of COVID-19 on food security in Iraq As the COVID-19 pandemic continues to evolve, the Food and Agriculture Organization (FAO), International Fund for Agricultural Development (IFAD), World Food Programme (WFP) and the World Bank have collected and analyzed new data on the […]
You are invited to help IBBC and World Bank to introduce Iraqi SME's to FREE business training courses WHEN: 29th June, 6pm to 8pm Iraq time Please share this free business training initiative and the course registration with any SME in your network, however small, and encourage them to sign up. Arabic version for sharing with […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. After months of anti-government protests and political uncertainty, Iraq is now grappling with its worst fiscal crisis in decades. The country's economy and state budget are heavily reliant on oil income, and have […]
IBBC Tech Forum hosts investor panel on ' What Iraq can do to boost its Tech Start up Economy' The Iraq Britain Business Council (IBBC) has held a well-attended panel discussion on Iraq tech start up economy, with leading investors and practitioners, including : Mohammed Khudairi, partner of Khudairi Group and Co-Founder of Iraq tech […]
In response to the COVID-19 outbreak in Iraq, the World Bank has recently approved the re-allocation of U$33.6 million under the current Emergency Operation for Development Project (EODP-US$750 million) to support the Ministry of Health's efforts in preventing, detecting, and responding to the COVID-19 pandemic. This fast track emergency response comes in two phases. The […]
IBBC contributes to World Bank launch and assessment on Iraq Economic Monitor Iraq Economic Monitor - Spring 2020 - Navigating the Perfect Storm. The World Bank has released its latest report on Iraq entitled "Navigating the Perfect Storm" with a special focus on "Laying the Foundations for a New Economy in Iraq: Digital Transformation". See […]
By John Lee. Iraq is facing a combination of acute shocks which the country is ill-prepared to manage, according to a new World Bank report. It says the outlook for Iraq, which was already negative prior to the COVID-19 shock, has markedly worsened since. Click here to download the full report (Source: World Bank)
