Possible New Oil Export Pipeline via Fishkhabur and Baniyas
By John Lee. Iraq's Ministry of Oil is reportedly planning a new pipeline system to transport and export crude oil via two northern routes: Basra-Haditha-Fishkhabur and Haditha-Baniyas. According to the state-run Iraqi News Agency (INA), the project is intended to diversify export routes and reduce dependence on the main southern export terminal. A meeting to […]
Lebanon Plans Iraqi Oil Transit Hub
By John Lee. Lebanon is preparing to serve as a storage and re-export hub for Iraqi crude oil and petroleum products in the first phase of a planned transit arrangement. Lebanon's Prime Minister Nawaf Salam chaired a meeting on Sunday to review readiness across the relevant ministries and agencies. The meeting addressed logistical and infrastructure […]
Iraq's WTO Accession: Goods Offer File Updated
By John Lee. Iraq's Ministry of Trade has begun updating its Initial Goods Offer file as part of the technical requirements for the country's accession to the World Trade Organization (WTO). The work is being carried out by the Goods Trade Committee, a technical sub-committee of the national committee overseeing WTO accession, in coordination with […]
Türkiye, Iraq Discuss Finishing Development Road Railway in 3 Years
From Türkiye Today. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Türkiye, Iraq Discuss 24-Hour Work to Finish Development Road Railway in 3 Years Iraq has proposed completing the Development Road railway project within three years by working around the clock. Click here to […]
German-Funded Clothing Factory Reopens in Mosul
By John Lee. A clothing factory in Mosul has reopened following rehabilitation and a return to full production. The Waladi clothing workshop, part of the Ready-Made Garments Factory in Mosul and affiliated with the General Company for Textile and Leather Industries, was refurbished with funding from Germany's KfW (Kreditanstalt für Wiederaufbau, German Development Bank) and […]
Iraq PM Invited to Tokyo, Courts Japanese Firms
By John Lee. Prime Minister Ali al-Zaidi has received a formal invitation from Japanese Prime Minister Sanae Takaichi to visit Tokyo. The invitation was conveyed by Japan's Ambassador to Iraq, Akiro Endo, during a meeting at the Prime Minister's office. Al-Zaidi welcomed the invitation and affirmed the importance of Iraq-Japan relations, according to the Prime […]
One Million Residential Land Plots planned in Iraq
By John Lee. Iraq has announced that executive procedures for its one-million-residential-plot initiative will begin on 1 September 2026, with provincial governors directed to finalise land identification and complete the necessary legal and administrative steps. According to the Prime Minister's Office (PMO), Prime Minister Ali al-Zaidi chaired the fourth session of the Supreme Coordination Council […]
Planning Ministry and UNDP Discuss Sinjar Development Plan
By John Lee. Iraq's Ministry of Planning has held a joint meeting with the United Nations Development Programme (UNDP) to discuss the development plan for Sinjar district in Nineveh governorate. According to the Ministry of Planning, the meeting covered the economic and developmental aspects of the Sinjar plan, and the process by which the Ministry […]
Dana Gas Reports 47% Increase in Net Profit
By John Lee. Dana Gas has reported a net profit of AED 393 million ($107 million) for H1 2026, a 47% year-on-year increase. Regarding operation in the Kurdistan Region of Iraq (KRI), the company said: "Khor Mor began the year at record production levels, with output exceeding 700 MMscf/d and Group production reaching 70 kboepd. […]
Apple Officially Registered as Digital Platform Provider in Iraq
By John Lee. US tech giant Apple has been officially registered as an accredited digital platform provider in Iraq, following completion of all requirements under the country's regulatory framework for digital platforms and services. According to the Communications and Media Commission (CMC), the accreditation covers Apple's App Store, Apple Music, Apple Podcasts, Apple Arcade, and Apple […]
Turkish Firm signs MoU for Smart Water Management
By John Lee. A memorandum of understanding (MoU) on smart water resource management has been signed between Iraq's Ministry of Water Resources and Turkish firm Kolaysoft. The agreement was signed by Minister Muthanna Ali Mahdi Al Tamimi. According to the Ministry of Water Resources, the MoU provides a framework for cooperation on smart water management, […]
Tabaqchali: Oil Deals Galore and a Diminishing Perceived Risk Premium
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Oil Deals Galore and a Diminishing Perceived Risk Premium The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), closed the month […]