Iraqi Economists Network

Reconstruction at Baghdad’s Nisour Square aims to ease traffic jams

Baghdad (IraqiNews.com) – Iraqi Prime Minister, Mohammed Shia Al-Sudani, inspected on Wednesday night the work progress of the Nisour Square development project. The project aims to tackle traffic congestion in the capital, Baghdad, according to a statement released by the Prime Minister’s Office (PMO)

China’s Tsingshan to set up iron industrial complex in Basra

Baghdad (IraqiNews.com) – Tsingshan Holding Group, a Chinese private company active in the stainless steel and nickel industries, will set up an industrial complex in the southern Iraqi governorate of Basra to produce iron using direct reduced iron (DRI), also called sponge iron.

EBRD welcomes Iraq as its latest member

Iraq has become the EBRD’s 74th shareholder Iraq has expressed interest in applying for recipient country status Iraq now included in the Bank’s southern and eastern Mediterranean region  Iraq has become the latest member of the European Bank for Reconstruction and Development (EBRD), bringing its total number of shareholders to 74. 

Shipping is one of many sectors where Iraq is still playing catch-up after decades of conflict. To this end, the Iraqi Oil Tankers Company (IOTC) recently added a new oil products tanker to its small fleet. Its vessels mostly operate within Iraqi waters, shuttling heavy fuel oil from two ports in the south of the country. The Sumer, a medium range ship with 31,000 deadwe

Iraq’s climate is changing faster than people can adapt. With each passing summer, new records are logged: record high temperatures, record low water levels. Between May and October, the heat scorches all that is dead and sears everything that lives. During the day, the sun forces people inside; in the evening, the heat lingers in cities that feel like the inside of a hair d

Cop28 must be a moment for collective action, both in the region and worldwide The garden of Eden is said to have existed somewhere between the Tigris and the Euphrates, in Iraq. Over the past two centuries, foreign adventurers came to marvel at the waterways and marshes immortalised in the Epic of Gilgamesh, with their water buffalo, wild boar, otters, pelicans, flocks of f

Overall bilateral trade fundamentals are increasing despite sanctions The cultural and economic connection between Mesopotamia and Russia goes back to centuries before the Middle Ages. But in the contemporary era, Soviet-Iraq relations were established in September 1944. Despite the ups and downs of 1955 and the restoration of relations in 1958, Baghdad became one of the

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