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How Iraq is Modernising and Diversifying its Growing Economy
From the Iraq Britain Business Council (IBBC): How Iraq is Modernising and Diversifying its Growing Economy For the last three years Iraq has enjoyed relative stability, good oil prices and a growing economy. For those who invested in the Iraqi (…)
Iraq Business News - 9 April 2025
New App to Streamline LPG Cylinder Delivery in Iraq
By John Lee. Iraq's Oil Products Distribution Company has launched a new mobile application called Qanini to simplify and accelerate access to liquefied petroleum gas (LPG) cylinders at the official price of IQD 6,000. The company's Director (…)
Iraq Business News - 9 April 2025
Cave Restoration Project Completes First Phase in Duhok
By John Lee. The first phase of the restoration of Charsteen Cave, a major archaeological and touristic site in the Kurdistan Region, has been completed. The work, costing approximately $1 million, was funded jointly by the European Union, (…)
Iraq Business News - 9 April 2025
Iraq Launches Permanent Council for Private Sector Development
By John Lee. Prime Minister Mohammed S. Al-Sudani has launched the operations of the Permanent Council for the Development of the Private Sector in Iraq. The initiative aims to strengthen the role of the private sector in the national economy and (…)
Iraq Business News - 8 April 2025
Iraqi PM Launches Ambitious Banking Sector Reform
By John Lee. Prime Minister Mohammed Shia' Al-Sudani addressed the Conference on Reforming the Iraqi Banking Sector on Monday, outlining an ambitious agenda to modernise Iraq's financial infrastructure and promote sustainable economic (…)
Iraq Business News - 8 April 2025
New Fuel Oil Pipeline to Samawah Power Plant
By John Lee. In line with the directives of Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani, Iraq's Oil Pipelines Company has announced the successful operation of a new fuel oil pipeline connecting Samawa Refinery (…)
Iraq Business News - 8 April 2025
"No Significant Barriers" to Kurdish Oil Exports: Baghdad
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. No significant barriers left to resume Kurdish oil exports: Baghdad Iraq's oil ministry said on Monday that there are (…)
Iraq Business News - 8 April 2025
Iraq considers Smart Meters for Water Management
By John Lee. Professor Dr. Mahmoud Saleh Al-Khafaji of the Department of Water Resources Engineering at the University of Baghdad chaired a meeting organised by the Prime Minister's Office Adviser for Scientific, Academic, and Artificial (…)
Iraq Business News - 8 April 2025
Tariffs: PM Orders Review of US-Iraq Trade Relations
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a high-level meeting on Saturday to assess the economic and trade impact of the United States government's decision to raise customs tariffs on imports from multiple countries, including (…)
Iraq Business News - 7 April 2025
OPEC+ Confirms Iraq Oil Output Increase
By John Lee. Eight key members of the OPEC+ alliance, including Iraq, have agreed to increase production starting in May 2025, citing healthier global market fundamentals and a positive outlook. At a virtual meeting held on 3 April 2025, the (…)
Iraq Business News - 7 April 2025
Genel Energy to Pay $26.9m in Arbitration Costs to KRG
By John Lee. Genel Energy plc has announced that its subsidiary, Genel Energy Miran Bina Bawi Limited (GEMBBL), has been ordered by the London Court of International Arbitration (LCIA) to pay the Kurdistan Regional Government (KRG) a total of (…)
Iraq Business News - 7 April 2025
100% Iraqi-Owned Company to manage Development Road Project
By John Lee. The Prime Minister's Advisor for Transportation Affairs has announced that the Development Road Project will be managed by a new 100% Iraqi-owned company, reporting directly to the Prime Minister. Speaking to the state-run Iraqi News (…)
Iraq Business News - 7 April 2025
Iraq Allocates First Industrial City Plots in Anbar, Dhi Qar
By John Lee. The Minister of Industry and Minerals, Professor Eng. Khaled Battal Al-Najm, has chaired the first 2025 Board of Directors meeting for the Industrial Cities Authority, reviewing major industrial development plans. Key Developments: (…)
Iraq Business News - 7 April 2025
Visit by US Delegation "chance to Deepen Ties with Baghdad"
By Farhad Alaaldin for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A visit by a US delegation to Iraq next week is a chance to deepen ties with Baghdad With (…)
Iraq Business News - 6 April 2025
Iran, Iraq trade Accusations as US forces stop 'Iranian Tankers'
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran, Iraq trade accusations as US naval forces stop 'Iranian tankers' In a rare intervention, Iraq's oil (…)
Iraq Business News - 6 April 2025
Can Iraq's Gas Projects Survive Trump's Iran Crackdown?
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq's Gas Projects Survive Trump's Iran Crackdown? With US waivers on Iranian energy (…)
Iraq Business News - 6 April 2025
Iraq "Should Consider Extending UNAMI's Mission"
By Ali Al-Mawlawi, for The Wilson Center. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Should Consider Extending UNAMI's Mission UNAMI is set to conclude its 22-year (…)
Iraq Business News - 6 April 2025
Iraq Increases Tree-Planting Target to 500,000
By John Lee. Iraq's Ministry of Water Resources has announced that, as part of Prime Minister Mohammed Shia Al-Sudani's initiative to plant five million trees across Iraq, the Ministry has so far planted 54,000 seedlings at 102 sites in Baghdad (…)
Iraq Business News - 5 April 2025
Kadhimi 'Eyes Political Party' amid Shifting Sands in Iraq
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Kadhimi 'eyes political party' amid shifting sands in Iraq Former prime minister Mustafa (…)
Iraq Business News - 5 April 2025
Tigris at Risk: Pollution Threatens Iraq's Lifeline, Public Health
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tigris River at Risk: Pollution Threatens Iraq's Lifeline, Public Health The visual transformation of the river (…)
Iraq Business News - 5 April 2025
Landmines cast a Long Shadow over Iraq
From the International Committee of the Red Cross (ICRC). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Landmines and explosive remnants cast a long shadow over Iraq amid (…)
Iraq Business News - 5 April 2025