The Iraq Britain Business Council (IBBC) has held its first major networking event in Dubai, to accommodate the demand from its members, who operate from Dubai as a regional business hub. Vikas Handa, the IBBC UAE Representative said over the last few years UAE has emerged as the hub for companies doing business in Iraq, […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi military leaders expect victory this week against the Islamic State (IS) in the battle for Mosul, and the government has unveiled a $100 billion, 10-year reconstruction plan […]
By John Lee. The United Nations has advertised new positions in Iraq: Senior IT Assistant, World Bank Political Affairs Officer (P-3), United Nations Assistance Mission for Iraq (UNAMI) Political Affairs Officer (P-4), United Nations Assistance Mission for Iraq (UNAMI) Cleaner, United Nations Assistance Mission for Iraq (UNAMI) National Emergency Preparedness and Response Officer, United Nations […]
The International Finance Corporation (IFC), a member of the World Bank Group, and its partners officially launched the first independent institute of directors in Iraq to promote principles of good corporate governance, boost transparency, and help attract more private investment. The Kurdistani Institute of Directors (KIoD) will be providing corporate governance services in Iraq and […]
Water Management is Key to Sustainable Development and Stability in the Middle East and North Africa The importance of water management for sustainable development and stability in the Middle East and North Africa is at the heart of the League of Arab States’ conference on the Sustainable Development Goals which opened in Cairo yesterday. The […]
Oil-producing countries yet to address their gas flaring may begin to feel there are no more excuses. In a remarkable and bold decision, the government of Iraq recently endorsed the “Zero Routine Flaring by 2030” Initiative, (ZRF), which means the country has committed to not routinely flare associated gas in any new oil fields and […]
By John Lee. The United Nations has advertised new positions in Iraq: Liaison/Visa Assistant, United Nations Assistance Mission for Iraq (UNAMI) Administrative Officer (Planning Officer), United Nations Assistance Mission for Iraq (UNAMI) Political Affairs Officer, United Nations Assistance Mission for Iraq (UNAMI) Staff Counsellor, United Nations Assistance Mission for Iraq (UNAMI) Iraq Program Director, Relief […]
The Netherlands is supporting reforms in the Kurdistan Region with a contribution to its Funding Facility for Economic Reform The Kingdom of the Netherlands is contributing nearly US$270,000 (€250,000) towards the implementation of the Economic Reform Roadmap, developed by the World Bank in cooperation with the Ministry of Planning of the Kurdistan Region of Iraq […]
Baroness Nicholson – Opening Speech for the Iraq Britain Business Council (IBBC) Conference on December 18th in Dubai: Welcome to Dubai. IBBC has been aware for many years of the important role that the UAE plays as a regional hub for business and trade through the MENA region and in particular as a regional base […]
New US$1.485 Billion Package to Support Iraq’s Drive to Counter Cost of War, Low Oil Prices The World Bank Group has endorsed a new US$1.485 billion package to support reforms to improve public service delivery and transparency, stimulate private sector growth and support job creation. Iraq continues to face a large humanitarian crisis with 10 […]
The International Finance Corporation (IFC), a member of the World Bank Group, has invested a total of $410 million (including $125 million in mobilization) in Iraq to support the development of the nation’s private sector, with a special emphasis on improving access to vital infrastructure and supporting the manufacturing sector. In fiscal year 2016, IFC […]
The Iraqi authorities and the staff of the International Monetary Fund (IMF) held discussions in Amman from August 28–September 10, 2016 on the first review of Iraq’s 36-month $5.3-billion Stand-By Arrangement (SBA) approved by the IMF Executive Board on July 7, 2016. Mr. Christian Josz, Mission Chief for Iraq, issued the following statement: “The Iraqi […]
