Archive | 2026

Iraq, US Outline Energy, Security and Investment Goals

Iraq and US Reaffirm Strategic Partnership, Eye White House Meeting in July Iraq-US Joint Statement Outlines Energy, Security and Investment Goals Chevron, Starlink and Pipeline Rehabilitation Among Priorities in Iraq-US Joint Statement By John Lee. Prime Minister Ali al-Zaidi and Tom Barrack, Special Presidential Envoy of President Trump, have reaffirmed the commitment of both governments […]

Starlink Seeks Licence to Operate in Iraq

By John Lee. According to the Ministry of Communications, Iraq's Communications Minister Mustafa Jabbar Sanad has chaired a video-conference meeting with Starlink to discuss the company's application for a licence to operate in Iraq. The Iraqi Communications and Media Commission (CMC) was represented at the meeting by its chairman, Baligh Abu Kalal. The minister said […]

Paris Meetings to Boost Iraq Private Sector Ties

By John Lee. Two economic meetings have taken place in Paris between a delegation of Iraqi companies and representatives of the French employers' association Mouvement des Enterprises de France (MEDEF) and the Organisation for Economic Co-operation and Development (OECD), aimed at strengthening trade and investment ties between Iraq's private sector and its French and international […]

Iraq's FTTH Internet Providers to Raise Speeds by 20%

By John Lee. Internet speeds for subscribers on fibre-to-the-home (FTTH) networks are to be increased by 20% at no additional cost, following an agreement reached between the ministry and private-sector operators. Communications Minister Mustafa Jabbar Sanad convened an expanded meeting with senior ministry staff, the General Company for Telecommunications and Informatics, and representatives of private-sector […]

Electricity Generation in Iraq Reaches 22,000 MW

By John Lee. According to the Ministry of Electricity, current electricity generation has reached around 22,000 megawatts, with governorate allocations calculated based on net generation after accounting for exemptions including government hospitals, water stations, losses, loads and auxiliary equipment. The ministry said allocations are distributed according to approved percentages set by the Higher Coordination Committee […]

Uzbekistan and Iraq Advance Economic Partnership Talks

By John Lee. Uzbekistan Prime Minister Abdullah Aripov received Iraqi Minister of Trade Dr Mustafa Nizar Al-Aani in Tashkent during Iraq's participation in the Fifth Tashkent International Investment Forum. According to the Ministry of Trade, Aripov confirmed Uzbekistan's interest in expanding economic and trade relations with Iraq, including completing procedures to establish the Joint Trade […]

Iraqi Airspace Reopens to International Transit Flights

By John Lee. The Ministry of Transport announced on Tuesday that international air traffic will resume transit operations through Iraqi airspace within 24 hours following high-level coordination meetings with regional and international aviation bodies. The ministry said the arrangements were coordinated with Saudi Arabia, Kuwait, Bahrain, the European Union and the International Air Transport Association […]

S&P removes Iraq from "CreditWatch"

By John Lee. S&P Global Ratings has affirmed its 'B-' long-term and 'B' short-term foreign- and local-currency sovereign credit ratings on Iraq. It added: "We removed the long-term ratings from CreditWatch, where we placed them with negative implications on March 17, 2026. The outlook on the long-term ratings is negative." More details, including economic stats, […]

Baghdad Airport Development Project "Cancelled"

By John Lee. Two major infrastructure projects have been cancelled by Prime Minister Ali al-Zaidi, according to the state-run Iraqi News Agency (INA). Al-Zaidi has ordered the cancellation of a railway project approved by the previous government, as well as the cancellation of a development project at Baghdad International Airport, which is said to have […]

Sudani's Legacy "in Question" as PM Clamps Down on Corruption

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sudani's Legacy in Question as New Iraqi PM Clamps Down on Corruption Iraq is being rocked by several high-profile corruption scandals, upping pressure on former premier Muhammad Shia' Al-Sudani (2022-26). Multiple arrests linked […]

French Iraqi Business Council discusses Investment Opportunities

By John Lee. A reconstruction and investment dialogue has been held in Baghdad to discuss future development priorities and investment opportunities for the capital. The meeting was convened by the French Iraqi Business Council (IFBC) at the headquarters of Baghdad Mayoralty and hosted by Baghdad Mayor H.E. Eng. Ammar Mousa Kadhim. The delegation was led […]