Updates, News & Events

IBBC Autumn Conference at Dubai 21 and 22 November 2021

Part of our Attendance at IBBC Autumn Conference in Dubai We were pleased to attend the IBBC Autumn Conference 2021 in Dubai

Letter of Credit

  Letter of Credit (LC)   Letter of Credit or (LC) is one of the banking operations that play a significant role in trade and international exchange, so what is meant by documentary credit, how is it opened, and its effects.    Definition of the Letter...

Construction in Iraq 2022

We are pleased to announce publishing our Construction report for the year 2022 in Iraq by Lexology Under the Iraqi Investment Code No. 13 of 2006 and the Regulations of Investment No. 2 of 2009 (as amended), Iraqi or foreign investors enjoy all benefits, facilities...

Assignment of Right and Assignment of Debt Their Effects Under The Iraqi Civil Law and the Difference Between Them

Introduction The Assignment of the Right and the Assignment of the Debt adopt obligations between the two parties to the assignment. Each party to the assignment entails the implementation of its obligations in accordance with the provisions of the Iraqi Civil Code....

State of Natural Gas in Iraq Market

  State of Natural Gas in Iraq Market State if Natural Gas in Iraq Market: Natural gas is either processed and extracted as a free gas found in natural gas fields and patches in dry or wet format or associated with or dissolved in oil production. The latter is...

How to Improve the Effectiveness of the Agricultural sector in Iraq?

What was the situation in Modern Iraq? During the middle of the last century, Iraq's agricultural production was not significant but vital, especially before the development of the oil industry; at that time, agriculture contributed to around 8% of Iraq's GDP. During...

Fitch Revises Outlook on Iraq to Stable; Affirms at B-

Fitch Ratings has revised the Outlook on Iraq's Long-Term-Foreign-Currency Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at "B-". Source:...

Why Accession to New York Convention of 1958 is an Essential Legal Event

An essential procedural legal event at the beginning of 2021 in Iraq in the Council of Representatives' approval a few days ago that Iraq joined the New York Convention of 1958 related to recognition and implementation of arbitration awards issued on another country's...

The World Bank Group Certificate of Appreciation

We are proud to announce this Certificate of Appreciation “The World Bank Group - Doing Business team would like to thank you for your valuable contribution to Doing Business research, especially during the global and personal difficulties of the pandemic.” World Bank...

Welcome to Iraq – Visa Waiver Announced!

As of March 15, 2021, the Iraqi government launched an exceptional program to support the movement of investment and work in Iraq by raising the requirement to obtain an entry visa before arriving in Iraq for citizens of:   The permanent members of the UN...

Letter of Credit

  Letter of Credit (LC)   Letter of Credit or (LC) is one of the banking operations that play a significant role in trade and international exchange, so what is meant by documentary credit, how is it opened, and its effects.    Definition of the Letter...

Construction in Iraq 2022

We are pleased to announce publishing our Construction report for the year 2022 in Iraq by Lexology Under the Iraqi Investment Code No. 13 of 2006 and the Regulations of Investment No. 2 of 2009 (as amended), Iraqi or foreign investors enjoy all benefits, facilities...

State of Natural Gas in Iraq Market

  State of Natural Gas in Iraq Market State if Natural Gas in Iraq Market: Natural gas is either processed and extracted as a free gas found in natural gas fields and patches in dry or wet format or associated with or dissolved in oil production. The latter is...

How to Improve the Effectiveness of the Agricultural sector in Iraq?

What was the situation in Modern Iraq? During the middle of the last century, Iraq's agricultural production was not significant but vital, especially before the development of the oil industry; at that time, agriculture contributed to around 8% of Iraq's GDP. During...

The World Bank Group Certificate of Appreciation

We are proud to announce this Certificate of Appreciation “The World Bank Group - Doing Business team would like to thank you for your valuable contribution to Doing Business research, especially during the global and personal difficulties of the pandemic.” World Bank...

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