Dinar/Dollar Forex: New Rules from Sunday
By John Lee. New restrictions on dollar travel allowances for Iraqi travellers take effect on Sunday (18th October). According to the Central Bank of Iraq (CBI), travellers will be permitted to purchase up to $2,000 every two months, with a maximum of six times per year. The bank said the measure is intended to regulate […]
Baghdad River Taxi Project Nears Investment Stage
By John Lee. A river taxi service along the Tigris in Baghdad is being prepared for launch to investors, according to the National Investment Commission (NIC). A coordination meeting chaired by NIC head Adel Dakhil Muhammad al-Yasiri reviewed the technical and planning requirements for the project, which is being developed under Diwan Order No. 251513. […]
Iraq "Seeks to Boost Oil Revenue by Cutting Buyers' Discounts"
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 Seeks to Boost Oil Revenue by Cutting Buyers' Discounts Iraq is seeking to reduce the discounts on crude oil it offers international buyers in an […]
Why US Pressure Cannot Disarm Iraq's Militias
By Nick Davis, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why US pressure cannot disarm Iraq's militias The Trump administration's push to disarm Iraq's Iran-backed militias by 30 September has not been realized, not for lack of pressure, but because […]
Iraq's Parliament Completes Cabinet with Eleven New Ministers
By John Lee. Iraq's Council of Representatives has approved three deputy prime ministers and eleven ministers, completing the cabinet of Prime Minister Ali al-Zaidi. The session, chaired by Speaker Haybat al-Halbousi and attended by 261 members of parliament, was held on Thursday evening. Al-Zaidi told parliament that his deputies would receive no salary, financial allowances, […]
Investment Package Planned for Hor Al-Dalmaj
By John Lee. The Dulmaj [Delmaj] Marsh (Hor Al-Dalmaj) is to be formally promoted as an integrated investment opportunity covering the provinces of Wasit and Diwaniyah. The National Investment Commission (NIC), in coordination with the investment authorities of both provinces, plans to offer the wetland as a package of development projects designed to activate the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 15th October 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 2,584.8 -1.16% 1.10% USD-RSISX 9,804.5 0.04% -1.88% […]
SOMO starts Compensating IOCs for Outstanding Oil Payments
By John Lee. A first cargo of top-up barrels has been lifted following an allocation by the State Oil Marketing Organization (SOMO) to compensate Gulf Keystone Petroleum (GKP) and other international oil companies (IOCs) party to the tripartite interim export agreements. The barrels reconcile export sales during Q4 2025 to international prices and begin to […]
$250m Kempinski Hotel Complex Proposed for Iraq
By John Lee. A proposal to develop a $250 million hotel complex managed by the Kempinski hotel chain has been discussed with the National Investment Commission (NIC). The meeting was held between NIC Chairman Adel Dakhil Muhammad al-Yasiri and an investment delegation led by businessman Jawad al-Qassab. The preliminary plan envisages allocating 20 to 30 […]
Iraq-China Investment and Trade Talks
By John Lee. A delegation of Chinese companies specialising in investment, banking, and trade has met with Iraq's Minister of Trade to discuss potential partnerships and economic cooperation. The delegation presented a range of proposals and projects relating to investment, business development, and partnership frameworks. The meeting emphasised the importance of engaging with international investment […]
IBBC Appoints Two New Advisory Council Members
From the Iraq Britain Business Council (IBBC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IBBC Appoints Two New Advisory Council Members IBBC values the experience and wisdom of advisory council members in guiding our insights and understanding of Iraq and contextualising international affairs. […]
JICA in Talks with Iraq on Solar Projects
By John Lee. Iraq's Ministry of Electricity has held talks with the Japan International Cooperation Agency (JICA) on plans to implement solar energy projects and expand clean energy use among households. According to the Ministry of Electricity, the meeting was chaired by Hussein Mohammed Badr, Director General of the Planning and Studies Department, and attended […]