November 20, 2019 | English | عربي
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November 18, 2019

With ongoing protests making other investors nervous, Moscow is charging ahead.

Despite ongoing protests in Baghdad, which have seen the departure of many foreign diplomats for security concerns, Russia has doubled down.

Not only has its embassy stayed open in the recent weeks of turmoil, but its foreign minister, Sergei Lavrov (pictured), also paid a visit last month, first"...

Dental graduates protest about unemployment in Erbil...
November 20, 2019

SULAIMANI — Dental graduates protested on Tuesday (November 19) in front of the Kurdistan Dentists' Association, calling for public sector employment.

The Kurdistan Regional Government (KRG) has not employed dentists who graduated from universities and colleges in the Region between 2015 and 2019 because of the financial"...



 

November 20, 2019

SULAIMANI — The US dollar to Iraqi dinar (IQD) exchange rate was down on the Kurdistan Region’s currency markets on Tuesday (November 19).

Broker Rawaz Jaza told NRT Digital Media that $100 was at 120,750 Iraqi dinars, 150 IQD lower than the previous day.

Jaza also reported that 100 British pounds was 500 IQD up to 153,500 Iraqi dinars while 100 euros was stable"...

 
 
November 20, 2019

SULAIMANI — Crude oil prices were down on Tuesday (November 19), compared with the previous day.

The price of Brent crude was at $62.35 down from $63.30 and US WTI crude was $56.94 from $57.75.

The Organization of the Petroleum Exporting Countries (OPEC) and its Russia-led allies agreed on December 7 to slash oil production by more than the market had expected.

...

 
 
November 20, 2019

The World Health Organization (WHO) welcomes a new contribution of US$24 million from the US Agency for International Development’s Office of Foreign Disaster Assistance (USAID-OFDA) to strengthen primary, secondary and preventive health services in conflict-affected governorates in Iraq.

Access to improved life-saving health services will be ensured for approximately 3.5 million beneficiaries in seven governorates where health systems have been"...

 
 
November 20, 2019

The Ninewa Investment Forum is taking place from 3rd to 5th December in Erbil.

This two-day event will showcase investment-ready businesses to private investors from around the world.

Presenting a portfolio of very attractive investment opportunities will spark a virtuous cycle of both exciting project opportunities and increased investor confidence.

The"...

 
 
November 20, 2019

The Iraqi Ministry of Oil has reportedly announced that it will select a number of international investment companies to build five new refineries around the country:

  • Kirkuk with a capacity of 70,000 barrels per day (bpd);
  • Wasit capacity of 140,000 bpd;
  • Nasiriyah capacity of 140,000 bpd;
  • Basra card 140,000 bpd; and
  • al-Faw capacity of 300,000 bpd.

According to Asharq Al-Awsat, the Ministry"...