Iraq News Archives - Panorama Insurance Brokers

Iraq News

Lukoil paid over $60m to Iraqi Govt in 2020

By John Lee. Russian oil company Lukoil has published details of its payments made during the financial year ended 31 December 2020 in favor of the government of Iraq: The Dhi Qar Oil Company (DQOC) [Thiqar Oil Company] received 1,963 million Russian Rubles [$26.9 million] in respect of the Block 10 field; The General Commission… Read More

Why 8000 Investors Chose Greece Golden Visa

Advertising Feature The Greece Golden Visa is a residency by investment program. It allows investors the opportunity to invest in Greece’s real estate sector, in exchange for a permanent residence there. Data from Enterprise Greece (an official agency of the Greek State) indicate that a total of 8.011 investors have gained Greece Golden Visa. The… Read More

Iraq Parliament warns of “Collapse” of Iraqi Dinar

By John Lee. Iraq’s Parliamentary Finance Committee has reportedly warned the Central Bank of Iraq (CBI) of a possible collapse in the value of the Iraqi dinar (IQD) against the US dollar. Committee member Muhammad Al-Shabki told Shafaq News Agency that there are fears of the collapse of the Iraqi currency “in the coming period”… Read More

Iran’s Iraq Policy “Unlikely to Change” under Raisi

By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran’s Iraq policy unlikely to change under Raisi Despite his hardline credentials, Iran’s foreign policy is likely to remain unified under the new president, Ebrahim Raisi. Click here to read the… Read More

UNOPS awards Contracts for ICT Equipment

By John Lee. Baghdad-based Iraq Technical Support for Trading and General Contracts Ltd. has won contracts with the United Nations Office for Project Services (UNOPS) for the provision of ICT equipment to Iraq: Lot 1 – Laptops , Monitors and Keyboard Kits: Contract value $19,327.00 Lot 2 – Smart Mobile Phones: Contract value $3,839.00 Lot… Read More

New Potato Processing Plant for Duhok

By John Lee. KRG Prime Minister Masrour Barzani has laid the foundation stone of a potato production factory in Duhok, which is set to provide 500 jobs and make use of local potatoes. In his speech at the ceremony the PM said: “This is a great support for our people to rely on themselves, so… Read More

Emaar Properties to Develop Site at Baghdad Airport

By John Lee. The Iraqi cabinet has agreed to grant the Dubai-based Emaar Properties a plot of land for development at Baghdad International Airport (BIAP).  The 1,000 acres will be used for a new residential area with integrated facilities, and a cultural and sports club with a golf course. (Source: Govt of Iraq)

GoGreen Promoting Social Innovation

By John Lee. Oxfam‘s Iraq Response Innovation Lab has shared a video summarizing the pitching event for one of its incubations under the GoGreen initiative for promoting social innovation. This is the first Social Enterprise incubation in Iraq with the participation of local NGOs. Please click here to view more information on the following businesses:… Read More