By John Lee. Authorities in Iraq's western Al-Anbar province have begun construction of the country's first fully privately owned cement plant, a project expected to produce one million tonnes of cement annually and create at least 5,000 jobs. According to Shafaq News, construction on the Ramadi Cement Plant is currently 27-30 percent complete. The facility […]
Archive | 2026
US Firm KBR Agrees Infrastructure Deal in Basra
By John Lee. The U.S. Embassy in Baghdad has announced that KBR has signed a memorandum of understanding with the local government in Basra aimed at drawing on American expertise to develop infrastructure and support economic growth in the province. (Source: U.S. Embassy Baghdad)
Lamprell Opens New Office in Basra
By John Lee. UAE-based oilfield services company Lamprell has established a new office in Basra, expanding its presence in Iraq. According to a statement from the company, the move follows a series of engagements with clients and stakeholders in the country over the past year, and reflects the company's long-term commitment to supporting Iraq's energy […]
$14.5m Recovered in Iraqi Airways Corruption Case
By John Lee. An investigative court specialising in integrity cases in Baghdad's Rasafa district has recovered 19 billion Iraqi dinars ($14.5m) in connection with a financial corruption case at Iraqi Airways. According to the Supreme Judicial Council (SJC), the funds were recovered on Tuesday as part of an investigation into the manipulation of deposit records […]
Private Iraqi Universities Given Tax Amnesty Window
By John Lee. Private universities, colleges, and institutes in Iraq subject to tax assessment are to be required to settle outstanding income tax and direct withholding tax liabilities, under a decision by the Council of Ministers. Institutions that pay their principal tax liability and complete the tax assessment process within four working months of the […]
Geo-Economic Competition: The Development Road and Iraq-Iran Railway
By Dr. Sura Mawfaq Maqsoud, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Geo-Economic Competition and Regional Balance: The Development Road and Iraq-Iran Railway Link as a Model Amid various international interactions, a number of major […]
State Firm Partners with Private Company on Vehicle Armouring
By John Lee. The General Company for Automotive and Equipment Industries, part of the Ministry of Industry and Minerals, has announced a project to armour-plate vehicles of various types, in partnership with private sector company Dera Al-Alamiya [Global Shield]. According to the Ministry, the project covers the armouring and plating of all types of civilian […]
Iraq-Syria Diplomatic Talks in Damascus
By John Lee. Iraq's Foreign Minister, Fuad Hussein, met on Monday with Syrian President Ahmad Al-Sharaa at the People's Palace in Damascus. Syrian Foreign Minister Asaad Hassan Al-Shaibani was also present. According to the Iraqi Ministry of Foreign Affairs, the talks covered bilateral relations and avenues for expanding joint cooperation across various fields. The two […]
UN Experts Alarmed by Robert Pether's Deteriorating Health
From the UN Human Rights Office (OHCHR). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: UN Experts Alarmed by Trapped Australian Engineer Robert Pether's Deteriorating Health UN experts today [Monday] expressed grave concern over reports that Australian engineer Robert Pether, who has already […]
US Firms Win 2 Iraqi Oil Contracts
By John Lee. Iraq's Council of Ministers has approved two oil sector contract awards put forward by the Ministry of Oil. Basra Oil Company (BOC) has been authorised to award contracts for integrated field management and engineering, procurement and construction (EPC) management to Halliburton, under terms of five years with an optional three-year extension, with […]
Iraq Launches Landmark Asset Recovery Report
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Launches Landmark Asset Recovery Report to Strengthen Accountability and Recover Public Funds The United Nations Development Programme (UNDP), in collaboration with the Supreme Judicial Council and with the […]
Iraq's Housing Deficit "to be Halved by 2030"
By John Lee. Iraq reportedly aims to reduce its housing deficit by up to 50% by 2030 under a new national housing policy. According to the state-run Iraqi News Agency (INA), the Ministry of Construction, Housing and Municipalities announced the National Housing Policy (2025-2030) on Friday, describing it as a comprehensive roadmap developed in cooperation […]


