New Temporary Air Routes Between Baghdad and Tehran
By John Lee. New temporary air routes have been established between the Baghdad and Tehran Flight Information Regions (FIRs), with the changes taking effect on 23 July 2026. The General Company for Air Navigation Services issued an official Notice to Airmen (NOTAM) to formalise the new arrival and departure routes. Dr. Ahmed Imad Ahmed, Deputy […]
Path Set for Iraqi Banks to Rejoin Global Finance System
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Path Set for Iraqi Banks to Rejoin Global Finance System The Central Bank of Iraq (CBI) has announced it has secured an agreement under which seven […]
Iraq Private Banks sign MoU with US Energy Engineers Body
By John Lee. The Iraqi Private Banks League (IPBL) has signed a memorandum of understanding (MoU) with the Association of Energy Engineers (AEE) in Washington, DC, aimed at supporting Iraq's banking sector in financing the transition to a green economy and developing the country's energy infrastructure. The signing took place on the sidelines of Prime […]
Iraq Corruption Crackdown to Cut Project Costs, PM's Aide Says
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq Corruption Crackdown to Cut Project Costs, PM's Aide Says Iraq's new government hopes an unprecedented crackdown on corruption will cut the cost of projects and […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 24th July 2026. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,834.7 1.93% 10.87% USD-RSISX 2,787.3 1.93% 10.87% […]
CBI to Launch New Initiatives for Money Exchange
By John Lee. New initiatives are planned to expand the activities of money exchange companies in Iraq and create additional revenue opportunities, according to the Central Bank of Iraq (CBI). Nizar Nasser Hussein, Governor of the CBI, met with a number of directors and board chairs of money exchange companies to discuss ways to develop […]
Iraq and Germany in Talks Over Joint Industrial Fund
By John Lee. Iraq's Prime Minister Ali al-Zaidi held a phone call with German Chancellor Friedrich Merz on Wednesday, covering bilateral relations and cooperation across economic, trade, investment, and migration sectors. According to the Prime Minister's Office, al-Zaidi expressed Iraq's interest in expanding economic ties and attracting German companies to invest in the country. He […]
Development Road Project: Iraqi PM calls for Rigour
By John Lee. Progress on the Development Road project was discussed during a meeting in Baghdad between Prime Minister Ali al-Zaidi and Turkey's Minister of Transport and Infrastructure, Abdulkadir Uraloğlu. According to the Prime Minister's Office (PMO), Al-Zaidi called for a clear mechanism to be established for financing and implementing the project, with practical steps […]
Iraq-Syria Oil Pipeline Set for European Exports
By John Lee. A planned oil pipeline linking Haditha in Iraq to Baniyas on the Syrian coast is intended to serve as a strategic export route to European markets, according to the Syrian Petroleum Company (SPC). The project is expected to take between two and two-and-a-half years to complete. Safwan al-Sheikh Ahmad, Director of Communications […]
GE Deal to Boost Iraq's Power Generation Capacity
By John Lee. Iraq has signed an agreement with GE to implement a comprehensive plan for securing the country's energy supply. The deal was signed in Washington by Minister of Electricity Ali Saad Wahib, under the auspices of Prime Minister Ali al-Zaidi. According to the Ministry of Electricity, the agreement covers an integrated national programme […]
PepsiCo Signs Agreements with Iraqi Partners
By John Lee. PepsiCo has reportedly signed two strategic agreements with Iraqi partners covering expanded beverage manufacturing and agricultural development. The agreements were signed at the US-Iraq High-Level Business Summit at the US Chamber of Commerce in Washington DC, on the sidelines of Prime Minister Ali al-Zaidi's visit to the United States. The first agreement, […]
Iraq Private Banks League and GIZ Sign Financial Sector MoU
By John Lee. The Iraqi Private Banks League (IPBL) has signed a memorandum of understanding (MoU) with Germany's Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), establishing a strategic framework to support the development of Iraq's financial and banking sector and promote sustainable economic growth. The MoU was signed by Ali Tariq, Executive Director of the Iraq […]