» Major Section Completed at Iraqi Megaport - Key Data
04/10/24 20:52 from Iraq Business News
By John Lee. The Iraqi Ministry of Transport has announced the completion of the five-berth construction project at Al-Faw Grand Port's container terminal. According to Dr. Farhan Al-Fartousi, Director General of the General Company for ...
» Turkiye and Iraq Sign Agreement on Migration, Voluntary Return
04/10/24 20:51 from Iraq Business News
By John Lee. The Turkish Ministry of Interior and Iraq's Ministry of Migration and Displacement have signed a memorandum of understanding focusing on migration management and voluntary returns. The agreement, signed by Turkish Interior M...
» Additional Funding for Multi-Year Resilience Programme in Iraq
03/10/24 19:02 from Iraq Business News
By John Lee. Education Cannot Wait (ECW) has announced additional funding of $9 million for its Multi-Year Resilience Programme in Iraq. The programme started in 2021, and is delivered by Save the Children. Full statement from ECW: Educa...
» Iraq Launches National Education Strategy
03/10/24 19:02 from Iraq Business News
By John Lee. The World Bank has recently published the National Education Strategy for Iraq 2022-2031 or also referred to as Iraq National Education Strategy (INES). Although issued in September 2024, the report covers the period from 20...
» Iraq Stock Market Report
03/10/24 19:01 from Iraq Business News
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 3rd Oct 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Ind...
» Tabaqchali: Iraq Stock Market Rallies as Conflict Escalates
03/10/24 07:04 from Iraq Business News
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Rallies as Conflict Escalates The equity market, as measured b...
» Modon and Lafarge Partner to Implement Green Cement Technology
03/10/24 05:10 from Iraq Business News
Modon and Lafarge Partner to Implement Green Cement Technology As part of Modon's continuous development and under the active agreement with Lafarge, the French company specializing in infrastructure solutions and building materials, bot...
» Iraq Rethinks Bank Merger Plans
02/10/24 19:34 from Iraq Business News
By John Lee. Iraq's Cabinet has revised an earlier decision to merge its Agricultural, Industrial and Real Estate Banks. At the start of 2024, the Cabinet approved a contract with UK-based professional services firm Ernst & Young (EY...
» $3m allocated to Upgrade Iraqi Stock Exchange
02/10/24 19:34 from Iraq Business News
By John Lee. As part of its financial reform efforts, Iraq's Cabinet has approved the allocation of 4 billion dinars [$3 million] to the Iraqi Securities Commission for the modernization and maintenance of electronic systems used for sto...
» Iraq imposes Customs Duty on Imported Asphalt
02/10/24 19:34 from Iraq Business News
By John Lee. Iraq's Cabinet has revised the sale price of asphalt to 450,000 dinars [$343] per ton, up from 350,000 dinars, applicable equally to both public and private sectors. Asphalt from the Qayyarah refinery will remain at 300,000 ...
» Timeline for End of Military Mission to Defeat ISIS in Iraq
02/10/24 09:37 from Iraq Business News
By John Lee. The United States and Iraq have announced that the Global Coalition to Defeat ISIS will conclude its military mission in Iraq over the next twelve months, and no later than the end of September 2025. In a joint statement, th...
» US Court orders Iraq to pay $5.7m
01/10/24 19:48 from Iraq Business News
By John Lee. A US court has ordered Iraq to pay an American law firm $5.7 million in damages, interest and costs, relating to an unpaid legal bill. Mills Law Group LLP (MLG) took the state of Iraq, and the Iraqi Ministry of Justice, to c...
» Iraq receives 3 new Search and Rescue (SAR) Vessels
01/10/24 19:48 from Iraq Business News
By John Lee. Netherlands-based Damen Shipyards Group has successfully delivered three advanced search and rescue (SAR) vessels to Jawar Al Khaleej (JAK) in a ceremony held at Albwardy Damen in Sharjah, UAE. The handover, which took place...
» Iraq Resumes Full Civil Aviation Operations
01/10/24 19:48 from Iraq Business News
By John Lee. Late on Tuesday evening, Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi (pictured), announced the full resumption of air traffic at all Iraqi airports following a temporary suspension earlier in the day due to regio...
» Iraq Launches New Road and Bridge Projects
30/09/24 20:54 from Iraq Business News
By John Lee. Iraq has approved a series of infrastructure projects, focussing on the construction of roads and bridges. These projects aim to improve connectivity and support economic growth across various provinces. Key developments inc...
» Iraq Opens Armored Vehicle Production Line
30/09/24 20:53 from Iraq Business News
By John Lee. Iraq's Minister of Interior, Abdul Amir Al-Shammari, has inaugurated a new armored vehicle production line under the Defence Industries Commission (DIC), with support from Prime Minister Mohammed Shia Al-Sudani. According to...
» Concerns over Quality of Iraq's Private Universities
30/09/24 20:52 from Iraq Business News
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq sees rapid growth in private universities amid concerns over quality and accountability The number ...
» "Impunity prevails" for Violations against Tishreen Protesters
30/09/24 20:51 from Iraq Business News
From Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. "We hold them responsible for the blood of our youth": Five years on, impunity prevails for vi...
» Iraq Warns Forex Companies over Dollar/Dinar Commissions
30/09/24 07:40 from Iraq Business News
By John Lee. The Central Bank of Iraq (CBI) has identified irregularities in the operations of several exchange companies regarding the sale of U.S. dollars allocated to travellers. A recent audit and monitoring of company practices reve...
» Iraq, China agreement to Combat Corruption, Recover Assets
29/09/24 19:16 from Iraq Business News
By John Lee. Iraq's Integrity Commission and China's National Supervisory [Oversight] Commission have signed a memorandum of understanding to strengthen cooperation in combating corruption, pursuing fugitives, and recovering assets. The ...
» Iraq Oil Exports Fall in August
29/09/24 19:16 from Iraq Business News
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for August, but has again not disclosed the value of oil exports for the month. This continues the practice of delayed or missing oil export data from the Min...
» Second phase of the PROSPECTS partnership in Iraq
29/09/24 19:16 from Iraq Business News
Second phase of the PROSPECTS partnership launched in Iraq The Government of Iraq officially launched yesterday the second phase of the PROSPECTS partnership in Iraq, an initiative spearheaded and funded by the Government of the Netherla...
» Nasiriyah International Airport: Project Data
27/09/24 19:59 from Iraq Business News
By John Lee. Iraq's Ministry of Transport has announced that the Nasiriyah International Airport project has reached over 56% completion, with significant progress following the resolution of obstacles faced by the Chinese contractor. Ke...
» Centralisation within Iraq's Judiciary "Undermines the Rule of Law"
27/09/24 19:59 from Iraq Business News
By the Iraq Watch Group, part of the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Centralisation of Authority ...
» Iraq and Indonesia agree Visa Exemption
26/09/24 19:08 from Iraq Business News
On September 23, Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein and Indonesian Minister of Foreign Affairs Ms. Retno Marsudi signed a mutual visa exemption agreement for diplomatic and services passport holders of both count...
» Analysis of Iraqi Grain Market
26/09/24 19:08 from Iraq Business News
By John Lee. World-grain.com has published an information-packed article on the grain and flour market in Iraq. Written by Susan Reidy, Focus on Iraq includes data from the International Grains Council (IGC) and the Foreign Agricultural ...
» Iraq Stock Market Report
26/09/24 19:08 from Iraq Business News
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 26th September 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RS...
» $65m Contract for Vessel Maintenance and Repair in Iraq
26/09/24 09:05 from Iraq Business News
By John Lee. The U.S. State Department has approved a possible sale of Follow-On Technical Support (FOTS) for vessel maintenance and repair to Iraq, valued at an estimated $65 million. The principal contractor will be Amentum, which was ...
» Iraq Moves Toward Self-Sufficiency in Fuel Production
25/09/24 20:22 from Iraq Business News
By John Lee. Iraq's Deputy Minister of Oil for Refining, Hamid Younis (pictured), has announced the ministry's commitment to achieving self-sufficiency in all types of petroleum products to support the national economy. The country has a...
» New Direct Flights between Baghdad and Sharjah
25/09/24 20:22 from Iraq Business News
By John Lee. Iraq's Ministry of Transport has announced new direct flights between Baghdad and Sharjah, starting on October 17, with four weekly flights. The initiative is part of the ministry's plan, overseen by Minister Razzaq Mohibis ...