By John Lee. National Investment Commission (NIC) Chairman Haider Mohammed Makkiya met South Korean Ambassador to Iraq Lee Joon-il in Baghdad to discuss expanding bilateral cooperation in investment, trade and economic relations. The talks reviewed investment opportunities across industry, housing, energy and infrastructure, as well as measures to improve the investment environment for South Korean […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi FM Confirms Change in US Envoy as Political Tensions Mount Iraqi Foreign Minister Fuad Hussein told Kurdistan24 that Mark Savaya is no longer serving as the United States' special envoy to Iraq and […]
By John Lee. The Ministry of Oil has announced the successful commissioning of the Fluid Catalytic Cracking (FCC) unit at South Refineries Company (SRC), with the start of production of high-octane upgraded petrol. Deputy Prime Minister for Energy and Minister of Oil Hayan Abdul Ghani Al-Sawad praised the workforce at South Refineries Company for achieving […]
By John Lee. The Deputy Prime Minister for Energy and Minister of Oil, Hayan Abdul Ghani Al-Sawad, has formally assumed his duties as Acting Minister of Electricity, following an official mandate from the Council of Ministers. He replaces Ziyad Ali Fadhil [Fadel], who has taken up his seat as a member of parliament. According to […]
By John Lee. Iraq's Commission of Integrity has recovered more than $3 million in embezzled funds belonging to the Baghdad Municipality, following a favourable ruling by the Lebanese judiciary in support of the Iraqi government. The authority said the recovery was achieved through close coordination with the Iraqi Embassy in Beirut, leading to enforcement of […]
By John Lee. The State Company for Automotive Industry (SCAI), under the Ministry of Industry and Minerals, has completed production of the first batch of 360 single-cabin Kia field vehicles, assembled entirely by Iraqi hands in partnership with Kia Motors of South Korea. The company's Director General, Dana Saadallah Saeed, announced that the vehicles, model […]
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Since January 2024, the Funding Facility for Stabilisation (FFS) project has been in a Transition Phase (2024-2026), consolidating nearly a decade of stabilisation gains across the five liberated governorates […]
By John Lee. The Ministry of Oil has reviewed progress on the Gas Growth Integrated Project (GGIP) in Basra during a site visit to the Artawi [Ratawi] oilfield. Undersecretary for Extraction Affairs Bassem Mohammed Khudair inspected key projects being implemented by TotalEnergies, in partnership with QatarEnergy and Basra Oil Company (BOC). The visit covered the […]
By John Lee. Iraq's Ministry of Transport has announced a series of measures agreed with Egypt to facilitate road transport of passengers and goods between the two countries. The decisions were reached during the first meeting of the joint technical committee, held in Cairo on 13-14 January 2026, as part of the implementation of the […]
By John Lee. Al-Zawraa General Company, part of the Ministry of Industry and Minerals, has signed a new contract to supply, install and operate a hybrid solar power plant for the Arab Oil Training Institute. The project will have a capacity of 120 kW, supported by lithium battery storage with a capacity of 122 kWh, […]
The following were the ten most read dinar-related articles on Iraq Business News for the month of January: 2026: The Year Iraqi Dinar Speculators Finally Strike Gold? Iraqi Dinar "Plummets Against Dollar" One Year of Trump: Iraqi Dinar Speculators Still Waiting Donald Trump and the "Great Iraqi Dinar Revaluation" The Iraqi Dinar Revaluation Deception: 10 […]
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sweden Commit SEK 100 million to Support Safe Return and Reintegration of Iraqi Families from Al-Hol Camp As Iraq continues the complex process of returning its nationals from Northeast […]
