Archive | 2025

Basra Airlines Receives Iraqi AOC Approval

By John Lee. Basra Airlines has officially received Iraqi Air Operator Certificate (AOC) No. 011, granting the carrier formal authorisation to operate as an approved Iraqi national airline under the supervision of the Iraqi Civil Aviation Authority (ICAA). According to a statement from the company, the certification follows several years of preparatory work and coordination […]

Iraq Imposes Additional Duty on Imported Oxygen

By John Lee. Iraq's Council of Ministers has approved measures to support the development of the domestic pharmaceutical industry and protect local production. The decision includes merging the existing Pharmaceutical Council, established under Cabinet Decision No. 23151 of 2023, with the Higher Committee for the Development of the Pharmaceutical Industry. The merged body will include […]

Iraqi Parliament opens Sixth Term, Elects Speaker

By John Lee. Iraq's Council of Representatives has opened its first session of the sixth parliamentary term, electing Haibat [Haybat] al-Halbousi as Speaker and Adnan Fayhan as First Deputy Speaker. According to Al Jazeera, al-Halbousi is from the Taqaddum (Progress) Party. The session was chaired by Amer al-Fayez, the oldest serving MP, and attended by […]

8 Things the IMF Said About Iraq and the Dinar in 2025

8 things the IMF said about Iraq and the dinar in 2025 1. March 12: IMF Discusses Strengthening Iraqi Dinar Iraq's delegation concluded its meetings with the International Monetary Fund (IMF) in Amman (February 24-26), with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI). Discussions included […]

Preparations begin for Atomic Energy Conference in Baghdad

By John Lee. Preparatory scientific work has begun in Baghdad for the 17th Arab Conference on the Peaceful Uses of Atomic Energy, scheduled to be held in Iraq in 2026. The scientific preparatory committee has started its meetings in cooperation between the Iraqi Atomic Energy Commission (IAEC) and the Arab Atomic Energy Agency (AAEA). The […]

Meeting to address delays in Ali Al-Wardi Residential City Project

By John Lee. Prime Minister Mohammed Shia al-Sudani has chaired a special meeting to review progress on the Ali Al-Wardi Residential City (City of Roses / Madinat al-Ward), located southeast of Baghdad, amid concerns over administrative and technical delays. The meeting was attended by the Baghdad Governor, representatives from the Ministries of Construction, Housing, Municipalities […]

IDC completes Majnoon-170 Appraisal Well

By John Lee. The Iraqi Drilling Company (IDC) has completed drilling the Majnoon-170 appraisal well at the Majnoon oilfield in Basra to a depth of 4,280 metres. The well was drilled using the IDC-57 rig, the largest drilling unit in Iraq, with a capacity of 3,000 horsepower. The work was carried out for the Basra Oil […]

Iraq announces Oil Exports for November

By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for November. Total exports of crude oil (including condensates): 106,593,352 barrels. Exports from the oil fields in central and southern Iraq amounted to 98,709,795 barrels. Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 7,583,733 barrels. Exports to […]

10 Things the CBI Said About the Iraqi Dinar in 2025

10 Things the Central Bank of Iraq (CBI) Said About the Iraqi Dinar (IQD) in 2025 1. February 19: CBI's Dollar Distribution System Among World's Most Monitored Following meetings with the US Treasury and Federal Reserve in Dubai, the CBI reported recognition of Iraq's US dollar distribution system as one of the most monitored and […]