Progress on Establishing Iraqi-Malaysian Business Council
By John Lee. Iraq and Malaysia have discussed steps to expand economic cooperation and increase bilateral trade, including preparations for the ninth session of the Iraqi-Malaysian Joint Committee in Baghdad. Riyadh Fakher al-Hashimi, Director General of the Department of Foreign Economic Relations at the Ministry of Trade, met with Malaysia's Chargé d'Affaires in Iraq, Nirmal […]
Iraqi e-Commerce Platform Closes $150k Pre-Seed Round
By John Lee. Rozenama, an Iraqi e-commerce platform based in Baghdad, has closed a $150,000 pre-seed funding round. Co-founder and CEO Abbas Muhil told Iraq Business News that the platform provides Iraqi merchants with an online store and order management system, and has grown from 250 to over 900 active merchants over the past year, […]
Presidential Backing for Public-Private Partnership in Iraq
By John Lee. Iraq's investment climate and the obstacles facing it were discussed at a meeting between President Nizar Aamidi and National Investment Commission (NIC) Chairman Adel Dakhil Muhammad al-Yasiri at the Palace of Peace in Baghdad on Thursday. President Aamidi stressed the importance of simplifying procedures, providing guarantees for investors, and building a genuine […]
Iraq Cannot Say Where $76 Billion Went, and No Law Compels It To
By Professor Oday Talal Mahmood, for JURIST. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Cannot Say Where $76 Billion Went, and No Law Compels It To Fourteen governorates share 2.8 percent of Iraq's national budget. Ministries in Baghdad direct 87 percent. Nothing […]
Why Turkiye let the Kirkuk-Ceyhan Pipeline Deal Expire
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Turkiye let the Kirkuk-Ceyhan Pipeline Deal Expire When the decades-old legal framework governing the Kirkuk-Ceyhan oil pipeline expired on July 27, Turkiye allowed it to lapse without immediately replacing it. The step […]
What Does Starlink Mean for Iraq?
By Mohammed Al-Zubaidi, for Middle East Online. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Internet from the Sky: What Does Starlink Mean for Iraq? When someone connects to the internet in Baghdad, Basra or Erbil, it is natural to imagine that the […]
Due to the Iran War, Iraq is Running out of Money
By Cathrin Schaer and Ismael Adnan, for Deutsche Welle (DW). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Due to the Iran War, Iraq is Running out of Money Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil […]
Maysan Oil Company Markets 440-Tonne Sulphur Shipment
By John Lee. Maysan [Missan] Oil Company (MOC) has marketed a 440-tonne shipment of sulphur produced at the central gas processing plant (GPP) at the Halfaya oil field, in preparation for export to international markets. According to the state-run Iraqi News Agency (INA), the shipment was transferred through a local intermediary to State Oil Marketing […]
Fly Baghdad Plans Comeback after US Sanctions Lifted
By Gavin Gibbon, 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. Fly Baghdad Plans Comeback after US Sanctions Lifted The target is to start operating before the end of the year, aiming for destinations in the GCC […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 13th August 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 2,798.8 -0.70% 9.47% USD-RSISX 2,752.0 -0.70% 9.47% […]
Iraqi Cabinet Approves Government Programme
By John Lee. Iraq's Council of Ministers has approved the government programme for 2026-2029, covering 139 priorities across 14 key sectors, and referred it to the Council of Representatives in accordance with Article 38/First of the amended Council of Ministers Internal Regulations (No. 2 of 2019). The session was chaired by Prime Minister Ali al-Zaidi. […]
Update on Oil Discovery in Najaf's Qurnain Block
By John Lee. Iraq's Ministry of Oil has issued an update on the new hydrocarbon discovery at the Qurnain exploration block in Najaf province, Spokesman Salim al-Rakabi told state-run Iraqi News Agency (INA) that the first exploratory well yielded promising indications of light crude oil, adding that the assessment programme has begun, with the first […]