Legal Action Planned Against BP Over Rumaila Flaring
By John Lee. UK-based law firm Hagens Berman EMEA says it has sent a letter before action to BP, giving notice of intended legal proceedings over alleged gas flaring pollution at the Rumaila oil field near Basra, which the firm links to elevated rates of cancer and respiratory illness in surrounding communities. The letter, sent […]
IPBL and IFC Training on Risk Management for Iraqi Banks
By John Lee. A specialist training course on risk management and environmental, social, and governance (ESG) standards has been held for staff from a number of banks operating in Iraq. The course was organised by the Iraqi Private Banks League (IPBL) in cooperation with the International Finance Corporation (IFC), a member of the World Bank […]
Swedish Pharma Firm Secures Exclusive Iraq Rights
By John Lee. Sweden's Newbury Pharmaceuticals AB has signed a ten-year exclusivity agreement with an unnamed Chinese pharmaceutical manufacturer, granting it exclusive rights to register, market and sell a portfolio of 40 products in Iraq. The deal was signed through its subsidiary Newbury Pharmaceuticals S.A. The portfolio centres on injectable medicines for hospital and acute care […]
Iraq Moves Towards Hydrographic MoU with UK
By John Lee. Iraq's Ministry of Transport is advancing preparations for direct negotiations with the UK Hydrographic Office (UKHO) on a memorandum of understanding (MoU) aimed at strengthening technical cooperation and developing national hydrographic capabilities. According to the Ministry of Transport, a dedicated committee reviewed a revised draft MoU prepared in coordination with relevant government […]
"Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back"
By Francesca Washtell, 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. Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back Iraq has restored its oil exports to 70 percent of pre-war volumes after it increased shuttling […]
Poland-Iraq Electricity Talks Focus on Power Station Development
By John Lee. Iraq's Minister of Electricity, Ali Saad Wahib, met with Poland's Ambassador to Iraq, Wojciech Bujak, in Baghdad on Monday to discuss expanding cooperation between the two countries in the electricity sector. The meeting covered opportunities to draw on the technical expertise and capabilities of Polish companies, particularly in the development and rehabilitation […]
Will the Iraqi Dinar Revalue on Sovereignty Day?
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tomorrow, September 30th, 2026, the last United States troops will have officially left Iraq, ending a military presence that began with the 2003 invasion. It is a genuine historical milestone. Iraqi Prime Minister […]
Official Holiday Declared for Iraq's Sovereignty Days
By John Lee. Iraq's Council of Ministers has approved a public holiday to mark the country's "Sovereignty Days" celebrations. Official working hours at state institutions will be suspended from Wednesday 1st October through Saturday 4th October, with work resuming on Sunday 5th October. The decision was taken at the twentieth ordinary session of the Council […]
New Measures to Ease Iraq-Syria Truck Transit and Border Ops
By John Lee. Iraq and Syria have agreed a package of measures to streamline truck transit and border crossing procedures, including an expansion of the Rabia crossing and the introduction of dedicated lanes for commercial traffic. The agreements were reached at a joint videoconference meeting attended by the Director General of the General Company for […]
Iraq in Talks with Huawei on Smart Port Technology
By John Lee. Iraq's Ministry of Transport has held discussions with Huawei and Uruk Engineering Services in China on the potential adoption of smart port technologies and digital logistics solutions. A ministry delegation attended the Huawei Connect 2026 exhibition in Shanghai and made a field visit to Tianjin Port to observe its smart port and […]
Investors "weigh Iraq Risk as US Troops Prepare to Leave"
By Valentina Pasquali, 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. Investors weigh Iraq Risk as US Troops Prepare to Leave Gulf companies are concerned about the impending US military withdrawal from Iraq and possible security repercussions, […]
Swiss Firm in Talks with Iraq on Electrical Equipment Plant
By John Lee. A Swiss company called Main Power Engineering has held discussions with Iraq's National Investment Commission (NIC) on a proposed integrated complex for the manufacture of high-technology electrical equipment in Iraq. The meeting, chaired by NIC head Adel Dakhil Muhammad al-Yasiri, covered the strategic and financial aspects of a project that would establish […]