By John Lee. US President Donald Trump has warned that Iraq would face serious consequences if Nouri al-Maliki were to return as Prime Minister. In a statement posted on Truth Social, Trump said that Iraq had experienced instability and economic decline during Maliki's previous term in office. He added that, if Maliki were reinstated, the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Maliki gains shock nomination, but return as Iraq's prime minister far from assured In Iraq, the Shiite Coordination Framework has nominated former premier Nouri Al-Maliki (2006-14) as its candidate for prime minister. The […]
Gulfood 2026 Delivers Landmark Two-Venue Success, Uniting Global Food Trade at Record Scale Amid 11.3% CAGR growth in food security technology, Gulfood 2026 stood as a strategic engine for industry advancement as each sector spotlighted breakthrough innovations restructuring the world's food economies Gulfood 2026 delivered decisively on its global mandate, transforming scale into substance through […]
By John Lee. Long-term gas sales agreements have been signed to supply natural gas from the Chemchemal field to major industrial consumers in the Kurdistan Region of Iraq. The agreements were announced by Dana Gas PJSC and Crescent Petroleum, together with their partners in the Pearl Petroleum Consortium. They provide for the supply of up […]
By John Lee. How does the US control Iraq's oil revenues? Reuters has published an explainer, available via investing.com: Click here to view. (Sources: Reuters / Investing.com)
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for December. Total exports of crude oil (including condensates): 107,651,061 barrels. Exports from the oil fields in central and southern Iraq amounted to 100,420,048 barrels. Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 5,997,527 barrels. Exports to […]
By John Lee. The Iraqi Securities Commission (ISC) has announced the launch of its strategy for 2026-2028, aimed at developing the Iraqi capital market, improving efficiency, and enhancing the investment environment in line with international standards. The strategy prioritises completion of the legislative and regulatory framework for the securities market, including follow-up on the enactment […]
By John Lee. Work has begun on the building of a compound fertiliser production plant in Baiji. The project is being implemented by the Northern Fertiliser Company, a subsidiary of the Ministry of Industry and Minerals, in partnership with ARJ Holding of the United Arab Emirates. According to a Ministry statement, current activities include excavation works […]
By John Lee. Discussions have been held on the restructuring of state-owned banks and the insurance sector as part of Iraq's financial reform programme. The meeting took place at the Ministry of Finance under the chairmanship of Minister of Finance Taif Sami Mohammed, with representatives of Ernst & Young, alongside senior officials from the Ministry […]
By John Lee. Discussions have been held on economic reforms and support for development projects in Iraq. The meeting took place between Minister of Finance Taif Sami Mohammed and a delegation from the World Bank, focusing on cooperation to support the government's reform programme and expand major development projects nationwide. Key points discussed included: Improving […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How Iraq's oil sector is emerging as battleground for Russia, US Upending dynamics in Iraq's energy sector, Baghdad has announced that it is nationalizing the West Qurna-2 oil field following the exit of […]
By John Lee. A meeting has been held to review the conversion of brick factories to gas operation and to assess their production capacities in line with domestic market demand. The discussions covered environmental compliance and adherence to standards aimed at reducing pollution, as well as the challenges and obstacles facing factories that have already […]
