Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Business School graduate wins Global Peer-Leader Award for farming financial app ‘Agrilink’

Husain Alogaily. Winner of the Global Peer-Leader Award Business School recent graduate Husain Alogaily (BA Economics and International Development), has won the Global Peer-Leader Award at the Global Enterprise Experience for designing a financial app proposal for farmers in Africa. He surpassed 1100 emerging leaders from 230 universities to win the Award.
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Iraq reports lowest oil revenue since February yesterday at 01:09

ERBIL, Kurdistan Region - The Iraqi oil ministry said on Thursday that it collected over $9 billion in oil revenue for the month of August, the country’s lowest reported earnings from oil sales in six months. Iraq’s oil sales generated a total gross amount of $9.7 billion in August, according to the ministry's numbers. This is the first time the country has collected below $10 billion in oil revenue in three months. The earnings of August is the third lowest since the start of the year, topped only by January’s $8.3 billion and February’s $8.8 billion, with the latter regarded as Iraq’s highest oil revenue in eight years at the time.
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Iraq oil exports unaffected by political turmoil – sources

LONDON/DUBAI, Aug 30 (Reuters) - Iraq's oil exports are unaffected by the current political turmoil in the country, three sources told Reuters on Tuesday. Baghdad is seeing its worst fighting for years as clashes between Shi'ite Muslim groups spill into a second day. read more Supporters of Shi’ite cleric Moqtada al-Sadr, a former anti-U.S. insurgent leader, have surrounded the Majnoon oil field in Basra since Monday evening as well as the 210,000 barrel per day (bpd) Basrah refinery, according to two sources.
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Oil firms seek U.S. mediation to defuse Iraq-Kurdistan tensions

Economy of semi-autonomous Kurdistan at risk Turkey could need more Russian, Iranian crude Relations soured following February court ruling Sept 1 (Reuters) - Oil firms operating in Kurdistan have asked the United States to help defuse an upsurge in tension between Iraq's central government and the semi-autonomous region, according to a letter seen by Reuters and three sources. They say intervention is needed to ensure oil continues to flow from the north of Iraq to Turkey to prevent Turkey having to increase oil shipments from Iran and Russia.
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Iraq Between Occupations: Perspectives from 1920 to the Present

Edited by Amatzia Baram, Achim Rohde, and Ronen Zeidel Acknowledgment This book is the product of cooperation between Palgrave Macmillan and the Center for Iraq Studies at the University of Haifa, Israel. We are grateful to Ms. Farideh Koohi-Kamali and Ms. Robyn Curtis of the editorial staff of Palgrave Macmillan for their guidance and effective management. The Center fo

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The ABC Agreement from Iraq’s perspective* By Barik Schuber

Introduction Economic cooperation aimed at gradual integration between Iraq and other Arab countries is highly desirable from Iraq’s perspective. In 2021, the leaders of Iraq, Egypt, and Jordan held their fourth summit in Bagdad to further the new endeavor for economic cooperation and integration, the ABC Agreement. This section of the report evaluates the new initiative

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Amman-Baghdad-Cairo (ABC) Agreement: A new path for economic integration

On Wednesday, September 7th from 11:00 am - 12:00 pm ET, the Atlantic Council’s empowerME Initiative and Iraq Initiative will host a virtual event to release a report on the Amman-Baghdad-Cairo (ABC) Agreement, which assesses the outcomes of recent summits between Egypt, Iraq, and Jordan focusing on trilateral agreements aimed at deepening economic integration. The report prese

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The Iraqi National Economy

The aspirations and disillusionment of Iraq’s youth. By
Despite their disillusionment with Iraq’s political system, the country’s youth have hope
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Chinese Reconstruction Investment in Iraq and How It
reviews the history of China’s economic engagement with Iraq and contributions to
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Iraq: Economic Reforms Critical to Reap the Benefits
BAGHDAD, June 16, 2022 – Iraq is gradually emerging from a deep recession,
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Oil & Gas Policy

Attacks on major Iraqi gasfield drive out U.S.
Exterran Corp workers leave after more rocket attacks Plan to expand output
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Are Iraq’s Ambitious Oil Production Goals Feasible? By
Iraq holds a very conservatively estimated 145 billion barrels of proven crude
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Iraq’s oil sales hit record highs for the
The rejection of Russia has led the Middle Eastern country to emerge
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Iraq balks at greater Chinese control of its
By Sarah Mcfarlane and Aref Mohammed Summary Companies Iraq persuaded Lukoil to halt sale
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