From Trend.az. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran and Iraq hit brakes on eTIR system to boost cross-border trade The eTIR system for transporting Iranian goods through Iraq has been temporarily suspended for three months under an agreement between the […]
By Ronen Zeidel, for the Moshe Dayan Center for Middle Eastern and African Studies at Tel-Aviv University. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The 2025 Iraqi Parliamentary Election: Results, Dynamics and Implications This report examines the 2025 Iraqi parliamentary election, revealing a […]
By John Lee. The Ministry of Oil has confirmed that operations at the Nasiriya and Gharaf gas fields project will begin on schedule in the first quarter of 2027. In a statement, it said the installation of specialised equipment has begun, in collaboration with Baker Hughes. China Petroleum Engineering & Construction Corporation (CPECC) is also […]
By John Lee. China's Shanghai Electric has officially launched the Euphrates Combined Cycle Expansion Project in Iraq, aimed at upgrading power plants across four governorates by converting simple-cycle units into combined-cycle systems. According to a press release from the company, this expansion will add 625 megawatts (MW) to the national grid and improve plant efficiency […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A Debating Event on the Challenges Facing the Oil Sector in Iraq The "Al-Mushtarek" platform convened the event on Friday evening, December 19th. I addressed the most important and impacting challenges facing […]
By John Lee. The State Oil Marketing Organisation (SOMO) has issued a clarification in response to a Reuters report on 26 September 2025 regarding DNO's export activities. SOMO reaffirmed its commitment to fulfilling all obligations within its mandate and under existing agreements with the Kurdistan Regional Government (KRG), continuing efforts to ensure the smooth flow […]
By John Lee. Prime Minister Mohammad Shia' al-Sudani inaugurated the Iraqi Digital Library project in Baghdad on Saturday, 20th December. The library will offer a fully integrated digital system to preserve Iraq's intellectual, scientific, cultural, literary, and media works for researchers and scholars. The project is Iraq's first digital library, the seventh of its kind […]
By John Lee. Oman Air has launched its inaugural service to Copenhagen, operating via Baghdad, with the first flight departing on Saturday, 20th December, marking the airline's first direct engagement with both countries. A welcome ceremony at Baghdad International Airport was attended by Sheikh Mahmoud bin Muhanna Al Kharousi, Charge d'Affaires of the Sultanate of […]
By John Lee. The Central Bank of Iraq (CBI) reported that total bank credit extended by operating banks increased by 1.88 percent in the third quarter of 2025, reaching 73,942 billion Iraqi dinars (approximately $56.5 billion). This was up from 72,578 billion Iraqi dinars (approximately $55.5 billion) in the same period of 2024. (Source: Central […]
From the Iraq Britain Business Council (IBBC): The Iraqi Ministry of Agriculture, acting under Cabinet Resolution No. 209 of 2025, has signed a cooperation agreement with the UK-based company Date Palm Developments (D.P.D. Limited). The agreement was concluded by the Ministry's Horticulture Department. The signing took place at the Iraqi Embassy in London and coincided […]
By John Lee. London-based cafe chain EL&N has opened its first venue in Iraq. Located at the Erbil Avenue development, the new store is open for brunch, lunch and dinner. (Source: EL&N)
In Numbers 49,000 people assisted in November USD 1.2 million cash-based transfers made in November USD 6.4 million for the next six months (December 2025 - May 2026) net funding requirements Operational Updates General Food Assistance WFP provided e-vouchers to over 6,680 beneficiaries (1,821 households) residing in the Al-Amal Rehabilitation Centre (formerly Jed'ah 1 Centre) […]
