Iraq Launches $2.7bn Economic Stimulus Package
By John Lee. Iraq has announced a package of economic stimulus measures totalling around IQD 3.5 trillion ($2.7bn), covering housing finance, industrial lending, contractor payments, agricultural dues, and an expanded generations fund. The measures were agreed at a meeting chaired by Prime Minister Ali al-Zaidi and attended by the Minister of Finance, the Governor of […]
Qs and As Regarding the Al-Zaidi Govt's Views on Petroleum Issues
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Qs & As Regarding Al-Zaidi Government' Views on Petroleum Issues Interest in the Iraqi petroleum sector has intensified lately, particularly from energy-focused Western media sources. In response to my articles and presentations […]
EU-Iraq Trade and WTO Accession Talks
By John Lee. Iraq's Minister of Trade, Mustafa Nizar Jumaa, has met with European Union Ambassador Clemens Smettner in Baghdad to discuss expanding trade and investment cooperation and advancing Iraq's bid to join the World Trade Organization (WTO). According to the Ministry of Trade, Jumaa called on the EU to continue supporting Iraq's WTO accession […]
Iraq Launches Digital Tax Assessment System
By John Lee. Iraq has launched its first electronic tax assessment system for large taxpayers. The system was introduced at the General Commission for Taxes (GCT) in the presence of Finance Minister Faleh Sari and a number of the ministry's director-generals. According to the Ministry of Finance, the system allows taxpayers to complete tax assessment […]
Russia-Iraq Business Mission Signs First Deals in Kurdistan
By John Lee. A Russian business mission has signed its first commercial agreements with Iraqi counterparts in the Kurdistan Region of Iraq (KRI), following meetings with the Kurdistan Importers and Exporters Union in Erbil. Branch heads from five provinces - Erbil, Sulaymaniyah, Dohuk, Kirkuk, and Halabja - took part in the expanded session. According to […]
Iraqi Finance Ministry "Sets New Dinar Rate for Selected Projects"
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Finance Ministry Sets $100 at 150,000 Dinars in Budget Iraq has set $100 at 150,000 dinars for certain housing payments, but Kurdistan Region investors lack access to the same official-dollar mechanism. Click here […]
Lufthansa Group Returns to Baghdad after 40-Year Absence
By John Lee. German airline Eurowings, a subsidiary of the Lufthansa Group, is to begin four direct weekly flights to Baghdad from December 2026, operating two services from Berlin and two from Düsseldorf. According to Iraq's Ministry of Transport, this will mark the first return of German passenger carriers to Iraq since the early 1980s. […]
Iraq and Germany in Talks Over Trade Office Registration
By John Lee. Iraq's Ministry of Trade and German Liaison Office for Commerce & Industry in Iraq (AHK Iraq) are working to complete the legal registration of the German trade office in Baghdad. The administrative deputy minister of trade, Sattar al-Jabiri, met with AHK Iraq's representative Martin Hinkelmann and his accompanying delegation to discuss the […]
Tabaqchali: "Market Takes a Breather, While Oil Exports Continue to Recover"
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. Market Takes a Breather, While Oil Exports Continue to Recover The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), ended September […]
New CEO at Lafarge Iraq
By John Lee. Lafarge Iraq has appointed Tarek Sharobime (pictured) as its new Chief Executive Officer, succeeding Medhat Ismail. The company said Ismail had contributed to progress in sustainability, innovation and circular construction during his tenure. French-based Lafarge is a part of the Swiss Holcim Group. (Source: Lafarge Iraq)
Construction Contract for Ali Al-Wardi Residential City
By John Lee. CRC Dorra has signed a construction contract with ORA Iraq (part of Egypt's ORA Developers) for Phase One of the Ali Al-Wardi Residential City (City of Roses / Madinat al-Ward) project in Iraq. The signing took place in the presence of Naguib Sawiris, Chairman of ORA, and Mohamed Dorra, Vice Chairman of […]
Iraq Vehicle Sales Outlook Deteriorates
From Fitch Solutions / BMI. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Vehicle Sales Outlook Deteriorates Amid Conflict And Logistics Disruptions We maintain a bearish outlook for Iraq's automotive market in 2026, as the economic and security fallout from the US-Iran conflict […]