By John Lee. Iraq's General Company for Railways has met with a Turkish delegation to discuss implementing a framework memorandum of understanding (MOU) on transport infrastructure development signed earlier in August. The meeting, chaired by the company's director Mohammed Habib Jabr, was attended by Burak Aykan, Director General for European Union Affairs and Foreign Relations […]
By John Lee. SwiftPayIQ, a technical intermediary platform developed and operated by Baghdad-based Palace Tech for Software Solutions LLC, has launched a service connecting Iraqi online merchants with licensed electronic payment gateways, providing streamlined merchant onboarding, electronic invoicing and payment links. Abdullah Al-Fayyadh, CEO of Palace Tech, told Iraq Business News that merchant verification, compliance […]
From Focus2Move. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Car Sales Slump 28.6% in H1 2026; Only Jetour and Great Wall Defy Losses Iraqi Vehicle Market in 2026 continues to slump. H1 sales fell by 28.6%, with Hyundai and Suzuki being affected […]
By John Lee. Iraqi Airways is to resume its Basra-Delhi service from 18th August, with one weekly flight operating each Tuesday. The route was suspended in early March due to regional conditions. The airline cited improved conditions and increased travel demand between Iraq and India as the reasons for reactivating the service. A direct weekly […]
By John Lee. Iraq's Ministry of Oil is reportedly planning a new pipeline system to transport and export crude oil via two northern routes: Basra-Haditha-Fishkhabur and Haditha-Baniyas. According to the state-run Iraqi News Agency (INA), the project is intended to diversify export routes and reduce dependence on the main southern export terminal. A meeting to […]
By John Lee. Lebanon is preparing to serve as a storage and re-export hub for Iraqi crude oil and petroleum products in the first phase of a planned transit arrangement. Lebanon's Prime Minister Nawaf Salam chaired a meeting on Sunday to review readiness across the relevant ministries and agencies. The meeting addressed logistical and infrastructure […]
By John Lee. Iraq's Ministry of Trade has begun updating its Initial Goods Offer file as part of the technical requirements for the country's accession to the World Trade Organization (WTO). The work is being carried out by the Goods Trade Committee, a technical sub-committee of the national committee overseeing WTO accession, in coordination with […]
From Türkiye Today. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Türkiye, Iraq Discuss 24-Hour Work to Finish Development Road Railway in 3 Years Iraq has proposed completing the Development Road railway project within three years by working around the clock. Click here to […]
By John Lee. A clothing factory in Mosul has reopened following rehabilitation and a return to full production. The Waladi clothing workshop, part of the Ready-Made Garments Factory in Mosul and affiliated with the General Company for Textile and Leather Industries, was refurbished with funding from Germany's KfW (Kreditanstalt für Wiederaufbau, German Development Bank) and […]
By John Lee. Prime Minister Ali al-Zaidi has received a formal invitation from Japanese Prime Minister Sanae Takaichi to visit Tokyo. The invitation was conveyed by Japan's Ambassador to Iraq, Akiro Endo, during a meeting at the Prime Minister's office. Al-Zaidi welcomed the invitation and affirmed the importance of Iraq-Japan relations, according to the Prime […]
By John Lee. Iraq has announced that executive procedures for its one-million-residential-plot initiative will begin on 1 September 2026, with provincial governors directed to finalise land identification and complete the necessary legal and administrative steps. According to the Prime Minister's Office (PMO), Prime Minister Ali al-Zaidi chaired the fourth session of the Supreme Coordination Council […]
By John Lee. Iraq's Ministry of Planning has held a joint meeting with the United Nations Development Programme (UNDP) to discuss the development plan for Sinjar district in Nineveh governorate. According to the Ministry of Planning, the meeting covered the economic and developmental aspects of the Sinjar plan, and the process by which the Ministry […]
