Updates, News & Events
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 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 the most common type in Iraq. Iraq's...
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...
Iraq acceded to the New York Arbitration Convention of 1958
Iraq’s Ratification to the New York Convention of 1958 on the Recognition of Foreign Arbitration Awards “Convention” The Iraqi Council of Representatives voted on 3/4/2021 on the law of Iraq's accession to the Convention on the Recognition and Implementation of...
When Coronavirus can be considered an event of force majeure under the laws of Iraq
All countries of the world face the challenge of Coronavirus uncontrollable rapid spreading and the protective measures imposed by the various governments in this respect which led to hindering the work of business sectors, transportation and trade as well as the...