Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Iraq’s Faw port project to be ready in 3 years

Iraq’s Faw port project to be ready in 3 years

OPEC oil producer Iraq is expected to complete the Faw Grant Port, one of the world’s largest container terminals, on schedule by 2023, its Planning Minister was quoted on Monday as saying. Nouri Al-Dulaimi said a large part of the project in South Iraq was completed in 2019 and that new contracts include more wharfs as well as roads and rail networks linking the port with the Southern Basra oil hub and other cities.
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United States to extend waiver for Iraq to import Iranian energy: Iraqi officials

United States to extend waiver for Iraq to import Iranian energy: Iraqi officials

BAGHDAD (Reuters) - The United States has agreed to extend a waiver for Iraq to import Iranian energy supplies, including gas, two Iraqi government officials said on Monday. Washington has repeatedly extended the exemption for Baghdad to use crucial Iranian energy supplies for its power grid, for periods of 90 or 120 days. One of the officials said this latest extension would last 120 days. The extension was agreed because Iraq had shown it was taking steps toward becoming more self-reliant for its energy needs, one of the officials said, and less dependent on Iran, whose energy sector is under harsh U.S. sanctions.
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Iraqi PM-designate says done picking cabinet, calls on parliament to approve it

Iraqi PM-designate says done picking cabinet, calls on parliament to approve it

Mohammed Tawfiq Allawi said he has put together a cabinet of political independents and called on parliament to hold an extraordinary session next week to grant it a vote of confidence. (File/AFP) BAGHDAD: Iraqi Prime Minister-designate Mohammed Tawfiq Allawi said on Wednesday he has put together a cabinet of political independents and called on parliament to hold an extraordinary session next week to grant it a vote of confidence.
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Cabinet discusses support for IDPs, power projects in Karbala, Dhi Qar

Cabinet discusses support for IDPs, power projects in Karbala, Dhi Qar

The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Deputy Prime Minister and Minister of Oil, Thamir Ghadhban. The Cabinet discussed support measures for IDPs, and authorised the Ministry of Migration and Displaced to continue to fund programmes to meet the needs of displaced individuals and families until the Federal Budget for 2020 is approved by Parliament. The Cabinet then discussed power projects in Karbala and Dhi Qar provinces.
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Roadmap 2 Start-Up Iraq Guide

Introduction Companies have been playing a crucial role in developing the socio-economic system in Iraq, as they don’t only make life easier for so many people by offering all kinds of goods & services in-demand, but also serve as a catalyst to bring the economic satus in Iraq to a higher level by investing in HR & capital. Nowadays, we can see a countless num

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Quest to save ancient Yazidi music comes to Britain

A choir of displaced people is part of a British Council initiative to protect heritage in conflict zones – and a healing process for participants Lucy Lamble A music workshop for Yazidi girls in Dohuk Photograph: Courtesy of AMAR When Islamic militants were overrunning towns in northern Iraq in 2014, killing Yazidi men and abducting women, the very survival of a

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Iraq Is On The Brink Of An Energy Crisis. By Simon Watkins

As the deadline for the U.S. to renew its waiver on Iraq importing gas and electricity from Iran approaches later this month, the three key players in this ongoing geopolitical saga have been preparing for all possible outcomes. As always in the global hydrocarbons markets, particularly in the Middle East, nothing is what it seems on first sight, with each of the main countries

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The Iraqi National Economy

The Road to Economic Recovery in Iraq. –
SEATTLE, Washington — Iraq has been facing some extremely difficult times for
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WHEN AFFORDABILITY MATTERS: THE POLITICAL ECONOMY AND ECONOMIC
  This study by IOM Iraq, Returns Working Group (RWG), and Social
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Iraq’s Oil Industry Rocked By Two New Corruption
Barely a month goes by without yet another corruption scandal emerging or
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Oil & Gas Policy

The Soleimani Effect: A Game-Changer for Iraqi Crude
The changing geopolitical landscape for Iraq’s energy sector   Much ink has
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Iran’s Retaliation Could Cause A Middle East Oil
Iran’s clerical leadership, under “Supreme Leader” Ayatollah Ali HoseiniKhamene‘i, is expected to
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The Superpowers Battling Over Iraq’s Giant Oil Field.
Ever since the U.S. signalled through its effective withdrawal from Syria that
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Iraq’s Oil Industry Rocked By Two New Corruption
Barely a month goes by without yet another corruption scandal emerging or
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