By John Lee. The Central Bank of Iraq (CBI) has issued a clarifying statement rejecting characterisations of its treasury discounting operations as currency printing, and reaffirming its commitment to monetary stability. In a statement on Sunday, it said discounting treasury bills provides temporary liquidity against an existing government debt instrument, which is recovered at maturity. […]
By John Lee. The German Liaison Office for Commerce & Industry in Iraq (AHK Iraq) has announced three new corporate partners specialising in project management, engineering services, and industrial equipment. Omid Project Management (OPM Group) has joined as a Silver Partner. The company is an international project management consultancy and EPCM provider with expertise in: […]
By James Drummond, 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. Iraq urgently needs to find ways of getting its oil to market Iraq is planning to triple crude oil export volumes via pipeline, according to the […]
By John Lee. Iraq has formally joined the Network of Corruption Prevention Authorities (NCPA), an international body that facilitates co-operation between anti-corruption agencies. According to the Federal Commission of Integrity, membership of the network will support the exchange of expertise and information with peer institutions, and help Iraq benefit from international best practices in corruption […]
From The Soufan Center. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's New Government Confronts Challenges on All Fronts The newly inaugurated Iraqi government of Prime Minister Ali al-Zaidi faces the same pressures as its predecessors did, stemming from Iranian-U.S. competition for influence […]
By John Lee. A study on the properties and applications of zinc oxide nanoparticles (ZnO NPs) has been published in a Scopus-listed international journal by researchers from Iraq's Ibn al-Baytar Research Centre, part of the Industrial Research and Development Board under the Ministry of Industry and Minerals, in collaboration with a number of Iraqi and […]
By Mina Aldroubi and Sinan Mahmoud, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's drive to disarm militias could stall after hardliners demand US military exit Pressure from Washington has borne fruit, with three groups already beginning process of […]
By John Lee. Four senior officials at the Diyala Electricity Distribution Directorate have been arrested and referred to the courts over the theft and embezzlement of electrical materials worth approximately IQD 1.7 billion (USD 1.34 million). According to the Federal Commission of Integrity, a team from its Diyala office, under the direct supervision of Commission […]
From UNHCR: UNHCR IRAQ Monthly Update April 2026 As of the end of April 2026, Iraq generously hosts approximately 350,000 refugees and asylum-seekers, the majority (88%) of whom are Syrians. Close to 81% of this population resides in the Kurdistan Region of Iraq. While most refugees and asylum seekers live in urban and peri-urban settings, […]
By Munqith Dagher, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Militias are Fracturing as Iran Turns from Theocracy to Juntocracy The Iranian regime under new Supreme Leader Mojtaba Khamenei is now functionally, even structurally, different from the […]
By John Lee. A meeting chaired by Prime Minister Ali al-Zaidi has focused on reassuring foreign oil companies operating in the Kurdistan Region and providing them with a safe working environment, according to the Ministry of Oil's media and government communications office. The meeting was attended by a Kurdistan Region delegation, representatives of international oil […]
By John Lee. Iraq's daily petrol consumption reached approximately 35 million litres on Wednesday, surpassing all previous records, according to the Ministry of Oil's media and government communications office. The ministry said the shortfall between production and consumption has reached around 4 million litres per day. South Refineries Company (SRC) refineries are operating at full […]
