By Padraig O’Hannelly. Iraq is embarking on a comprehensive restructuring of its banking sector with the assistance of leading international consultancy firms, according to Dr Salih Salman, Advisor to …
Turkish Firm to Double Electricity Interconnector Capacity to Iraq
By John Lee. Iraq’s Minister of Electricity, Ziyad Ali Fadel, has overseen the signing of a new contract with Turkish company Alifrin to double the capacity of the Iraq-Turkey electricity …
Energy Promises Fade as Iraq Faces a Long Hot Summer
U.S. sanctions on Iranian gas, disputes with the Kurdistan Regional Government, and rival political factions threaten to derail energy projects.
Rabee Securities Iraq Stock Exchange Index posts 0.7% growth in May
The RSISX Total Return Index (RSISXTR) outperformed, rising 6.4 per cent, driven by strong dividend activity. Key contributors included Bank of Baghdad (IQD0.65 per share …
Rabee Securities Iraq Stock Exchange Index posts 0.7% growth in May
The RSISX Total Return Index (RSISXTR) outperformed, rising 6.4 per cent, driven by strong dividend activity. Key contributors included Bank of Baghdad (IQD0.65 per share …
Iraq to Boost Summer Power Supply through Karpowership Deal
By John Lee. Iraq’s Council of Ministers has approved direct contracting with Turkiye’s Karpowership Group to enhance electricity supply during the high-demand summer period. The contracts will add …
Iraqi parliament presidency slams finance ministry for blocking KRG salaries
ERBIL, Kurdistan Region – The Iraqi parliament’s presidency on Wednesday expressed its “deep regret” over the federal finance ministry’s decision to stop sending salaries for over a million Kurdistan …
Iraqi parliament presidency slams finance ministry for blocking KRG salaries
ERBIL, Kurdistan Region – The Iraqi parliament’s presidency on Wednesday expressed its “deep regret” over the federal finance ministry’s decision to stop sending salaries for over a million Kurdistan …
KRG accuses Baghdad of ‘collective punishment’ over unpaid salaries
The Kurdistan Region’s Council of Ministers on Wednesday accused the Iraqi government of imposing a “siege” on the Region by withholding public sector salaries, leaving over a million civil servants …
UK’s Agrium Capital to Build Infant Formula Plant in Iraq
By John Lee. The Iraq Development Fund has reportedly signed a memorandum of understanding with British firm Agrium Capital to establish Iraq’s first modern infant formula production facility, with a …