Iraq's Three-Initiative Plan for Arab Transport Resilience
By John Lee. Iraq has proposed three strategic initiatives to strengthen transport continuity, trade flows, and supply chains across the Arab region, presented at the third virtual meeting of the United Nations Economic and Social Commission for Western Asia (ESCWA) on 2nd September 2026. According to the Ministry of Transport, the initiatives were put forward […]
Iraq and Lebanon Move Towards Maritime Transport Agreement
By John Lee. Iraq and Lebanon are moving towards a maritime cooperation agreement, with a draft memorandum of understanding (MoU) currently under ministerial review. A ministerial committee has met to examine the draft's provisions, with attendance from the head of the legal department and representatives of the General Company for Maritime Transport, the designated sectoral […]
Iraqi and Indian Chambers Sign Trade Cooperation Agreement
By John Lee. A memorandum of understanding (MoU) has been signed between the Federation of Iraqi Chambers of Commerce and the Federation of Indian Chambers of Commerce and Industry, via video call. The signing was held under the auspices of the Department of Foreign Economic Relations of the Ministry of Trade. The MoU was signed […]
Iraq Offers Cash Rewards for Blowing the Whistle on Corruption
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 Offers Cash Rewards for Blowing the Whistle on Corruption Iraq is offering cash rewards to members of the public who report embezzlement and other financial […]
Tabaqchali: Oil Exports Recover to 60% of Pre-war Levels
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 Exports Recover to 60% of Pre-war Levels The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), ended August down 2.4%, […]
Iraq "Hikes Oil Exports via Hormuz"
By Tsvetana Paraskova, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Hikes Oil Exports via Hormuz in Boon for Asian Refiners OPEC's second-largest producer, Iraq, more than doubled its crude oil exports via the Strait of Hormuz in August as it […]
GE in Talks over Mansuriya Power Station Expansion
By John Lee. Iraq's Ministry of Electricity has held discussions with representatives of US company GE on expanding the Mansuriya gas power station and adding combined-cycle units. The meeting was chaired by Mohammed Nouama Al-Tufeili, the ministry's undersecretary for production affairs, and was attended by representatives of the Investments and Contracts Directorate, the Planning and […]
Social Dialogue Forum Launched in Kurdistan Region
By John Lee. A permanent tripartite Social Dialogue Forum has been established in the Kurdistan Region of Iraq, bringing together the Kurdistan Regional Government, workers' organisations and employers' organisations to jointly address labour market challenges and shape policies affecting employment and workers' rights. The Forum was officially launched in Erbil on 1 September, with the […]
DNO Withdraws Takeover Bid for Genel Energy
By John Lee. DNO ASA confirmed on Friday morning it does not intend to make an offer to acquire Genel Energy plc, following the Genel board's refusal to engage with its proposal. Genel shares fell more than 10% on the news. DNO had proposed 69 pence per share in cash, with a cash-and-share alternative. The […]
Record August for TIR Transit Journeys in Iraq
By John Lee. Iraq recorded 1,754 cross-border transit journeys under the TIR (Transports Internationaux Routiers) system in August, continuing a trend of growth in international road freight transit. Murtadha Karim al-Shahmani, Director General of the General Company for Land Transport, attributed the result to ongoing coordination between relevant authorities and the work of the company's […]
Iraqi Dates Expo Planned for Late October
By John Lee. Plans are under way for an Iraqi Dates Exhibition, scheduled for the end of October, aimed at promoting the export potential of Iraqi dates and strengthening their position in domestic and international markets. The first meeting of the preparatory committee was held by the Private Sector Development Directorate of the Ministry of […]
Death of Nawfal Alssabak, President of Brazil-Iraq Chamber
By John Lee. The Brazil-Iraq Chamber of Commerce and Industry (CCIBI), has announced that its President, Nawfal Alssabak, died on Thursday following a heart attack. In a statement, the Executive Vice President of the CCIBI, Jalal Jamel Dawood Chaya, said that Mr Alssabak worked tirelessly to bring Brazilian and Iraqi companies, authorities, and institutions closer […]