Iraq Trade Forum Closes with $17.5m in Potential Deals
By John Lee. The Iraqi National Trade and Investment Forum 2026 (INTF 2026) has closed in Baghdad with potential deals totalling $17.48 million reported from bilateral business meetings. The event was held under the theme "Iraqi-European Partnership in Trade and Investment to Support Economic Transformation in Iraq", in cooperation with the European Union (EU) and […]
Ansaldo Energia Explores Power Sector Projects in Iraq
By John Lee. Discussions on expanding Italian investment in Iraq's electricity sector have taken place between the National Investment Commission (NIC), Italian Ambassador Nicolò Fontana, and representatives of energy technology company Ansaldo Energia. According to the NIC, the meeting reviewed Ansaldo Energia's existing involvement in Iraq's power infrastructure and examined new proposals covering projects in […]
Korek Telecom Network Suspended in 14 Provinces
By John Lee. Iraq's federal Communications and Media Commission (CMC) has announced that it has shut down the main exchanges of Korek Telecom. The move suspends the network coverage for Korek across 14 governorates. The CMC had previously claimed repeated failures by the company to meet its contractual obligations, and said it would pursue all […]
Iraq-Jordan-Egypt Trilateral Oil Cooperation Talks
By John Lee. A second meeting of the Iraqi-Jordanian-Egyptian trilateral coordination committee has discussed strategic oil, energy, and petrochemical projects, including the Basra-Haditha pipeline. The session was held via videoconference and chaired by Ali Ward Hammoud, Director General of the State Company for Oil Projects (SCOP), who leads the Iraqi working group for the Tripartite […]
OPEC+ Countries Maintain Production Levels
By John Lee. Seven OPEC+ member countries have agreed to maintain their September 2026 production levels for December 2026. The group met virtually on Saturday to review global market conditions, with Iraq's Oil Minister, Bassem Mohammed al-Abadi, in attendance. Full statement from OPEC: Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to […]
IBBC Baghdad Conference: 'Iraq - Rising to the Challenges'
From the Iraq Britain Business Council (IBBC):
Maserati Appoints New Official Partner in Iraq
By John Lee. Tiraz Automotive and Service Group has been named as the official partner for Italy's Maserati in Iraq. The agreement was signed in Modena on 18 September. Maher Abdalla, Managing Director for Maserati in MEA, India and Turkey, welcomed Kambiz Fathibitaraf and the Tiraz team to the signing. Abdalla noted that Iraqi customers […]
Uber in Talks to Enter Iraqi Market
By John Lee. Uber is in discussions to enter the Iraqi market under its own brand. The company's Executive Director for the Middle East met with Transport Minister Wahab Salman Mohammed to explore the opportunity, discussing app-based transport services and knowledge exchange in the transport sector. The company's representative said that Iraq's improved security environment […]
IMF to Launch Programme Discussions with Iraq
By John Lee. The International Monetary Fund (IMF) is preparing to begin programme discussions with Iraq following a request from Iraqi authorities for financial and policy support. The IMF's Managing Director indicated at meetings in Bangkok that the Fund intends to support Iraq "very firmly". According to IMF Communications Director Julie Kozack, the programme is […]
Iraq signs Gas Flaring Deal with US Firm
By John Lee. A memorandum of understanding (MoU) has been signed between Iraq's General Company for Carbon Economics (GCCE) and US-based Morgan Hughes Energy (MHE), aimed at developing projects to capture and utilise low-pressure associated gas currently being flared at oil production sites across Iraq. The agreement was signed under the patronage of Minister of […]
Top 10 Dinar Articles from October
The following were the ten most read dinar-related articles on Iraq Business News for the month of October: Iraqi Dinar's Devaluation: Context and Near-term Outlook Will the Iraqi Dinar Revalue on Sovereignty Day? Iraqi Dinar Devaluation: How Does It Affect You? Iraqi Dinar Revalues CBI Confirms Devaluation of Iraqi Dinar Dinar Devaluation "Fuels Showdown over […]
Iraq in Talks with Sanofi on Vaccine Sourcing
By John Lee. Iraq's Ministry of Health has held a meeting with representatives of French pharmaceutical company Sanofi to discuss vaccine supply and immunisation programmes. Minister of Health Abdulhussein Aziz chaired the meeting on Monday, which also included senior ministry officials. Topics covered included the sourcing of vaccines from approved suppliers, the ministry's plans to […]