By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dinar RV: Will Iraqi Election Speed the Process? For years, speculators in Iraqi dinar have clung to the dream of an imminent "revaluation" or "RV" that would dramatically increase the currency's value overnight, […]
By John Lee. The Iraqi Cabinet has approved a major project to rehabilitate, develop, and operate Baghdad International Airport through a partnership with a global private-sector operator. The initiative aims to raise the airport's standards to meet international aviation safety and security requirements, attract international airlines, and restore Iraq's reputation in the global air transport […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has confirmed that the Iraqi government has established a defined timeline to achieve its energy project goals, during a meeting with U.S. Deputy Secretary of Energy James Patrick Danly and his accompanying delegation in Baghdad on Tuesday. The meeting was also attended by U.S. Chargé d'Affaires Joshua […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for September. Total exports of crude oil: 102,150,362 barrels. Exports from the oil fields in central and southern Iraq amounted to 102,150,362 barrels. Exports from Qayyarah were not reported separately this month. Average daily crude oil exports: approximately 3.405 million barrels per […]
By John Lee. Emergency One (UK) Ltd has completed the first 12 bespoke fire appliances for the Iraqi Ministry of Interior (MOI), marking a significant milestone in the country's fleet modernisation programme. In January 2025, it was announced that Emergency One had been awarded the contract to supply 31 bespoke fire appliances to the Ministry […]
By John Lee. Turkish carrier AJet has announced the launch of its new direct flight service between Ankara and Erbil, strengthening air connectivity between Turkey and Iraq. The service operates twice weekly, allowing passengers to travel quickly and comfortably from Ankara Esenboğa Airport to Erbil, one of Iraq's major economic hubs. With AJet's non-stop flights, travellers […]
By John Lee. Iraq's Ministry of Justice has announced successfully winning a lawsuit before the Judicial Court in Paris. The case was filed by the Gulf Falcon Company, which had sought arbitration and a claim of USD 49 million against the Iraqi government. According to the Director General of the Legal Department at the Ministry, […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has laid the foundation stone the Maysan Intravenous Solutions and Pharmaceuticals Plant -- Iraq's second such facility -- marking what his office describes as another milestone for the country's growing private pharmaceutical industry. Speaking at the ceremony in Maysan [Missan], the Prime Minister reaffirmed the government's confidence […]
By John Lee. India-based Apollo Hospitals has reportedly signed a strategic partnership agreement with Iraq's Ministry of Interior to assume management of the Internal Security Force Hospital. According to India Pharma Outlook, the collaboration aims to deliver advanced medical services and specialised care for Iraq's internal security personnel and their families. Dr. Prathap C. Reddy, Founder-Chairman […]
By John Lee. The Ninth Cabinet of the Kurdistan Regional Government (KRG) has announced that it has reinforced electricity infrastructure to achieve a continuous, 24-hour power supply across the region. The Ninth Cabinet has expanded power generation by 1,840 megawatts through new power stations, and completed more than 3,500 distribution and 61 transmission projects to […]
By John Lee. The Iraqi Deputy Foreign Minister for Bilateral Relations, Ambassador Mohammed Hussein Bahr Al-Uloom, held a round of political consultations in Vienna on Friday with the Secretary-General of the Austrian Ministry of Foreign Affairs, Nikolas Marschik. The talks covered bilateral, regional, and international issues of mutual concern. Ambassador Bahr Al-Uloom outlined Iraq's recent […]
By John Lee. As part of efforts to expand homeownership opportunities for citizens and activate national initiatives supporting middle- and low-income groups, the Prime Minister of Iraq has directed the relevant authorities to take the necessary steps to implement a proposal to simplify housing loan procedures for government employees. The proposal, jointly prepared by the […]
