Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. A Jordanian court has ordered a Jordanian company to pay damages to the General Company for the Pharmaceutical Industry and Medical Supplies in Samarra, following a contract dispute over non-compliant medical equipment covers. According to the Iraqi Ministry of Justice, the Legal Department pursued the case after the Jordanian supplier failed to […]
By John Lee. The Al-Qaim cement plant in Anbar province has reached its full design capacity of 840,000 tonnes of resistant cement per year, with monthly production of 70,000 tonnes. According to the Ministry of Industry and Minerals, exports to Syria are running at 7,500 tonnes per month. General Company for Iraqi Cement said the […]
By John Lee. A preparatory meeting has been held for the Iraqi side of the tenth session of the Iraqi-South Korean Joint Committee. The meeting was chaired by Shoorsh Khalid Saeed, Deputy Minister of Foreign Affairs for Legal and Multilateral Affairs, with participation from representatives of relevant ministries and sectoral bodies, the Iraqi Embassy in […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Syria Rapprochement Makes Baghdad More Valuable, Not More Exposed On July 8, 2026, the Donald Trump administration informed the US Congress of its intent to rescind Syria's designation as a state sponsor of […]
By John Lee. Iraq has won 32 international legal cases on behalf of the Iraqi state over the past four years, saving the public treasury around $26 billion - an achievement described as the largest such result since the 1990s. According to the Ministry of Justice, the total value of funds secured for the treasury […]
By John Lee. Iraq's Council of Ministers (Cabinet) has set a 10-working-day limit for the audit of strategic, urgent, and high-value government contracts in Iraq. According to the Prime Minister's Office (PMO), the rule applies to contracts exceeding IQD 1 billion (USD 763,000), with the Federal Board of Supreme Audit (FBSA) retaining its authority to […]
By Hawre Tofiq, for Draw Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Federal Government Considers Removing Three Zeros from Dinar With the closure of the Strait of Hormuz due to conflict, Iraq's oil export routes have been severely restricted and overall […]
By John Lee. Iraq's Foreign Minister Fuad Hussein held a series of bilateral and trilateral meetings in Amman on Wednesday on the sidelines of the Arab Ministerial Meeting on Jerusalem, covering energy cooperation, joint projects, and regional security issues. According to the Ministry of Foreign Affairs, the talks included separate meetings with the foreign ministers […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Iraq could Learn from China's Rural Revival For decades, the prevailing wisdom across Iraq and much of the region has been that opportunity lies in the city. Villages steadily emptied as successive […]
By John Lee. The Kurdistan Regional Government (KRG) has launched the second phase of the Gashanawa [Shine] Project, which will provide financial support of between IQD 1 million ($763) and IQD 150 million ($114,500) to 100 small and medium-sized enterprises in the agricultural and industrial sectors. According to the KRG's Department of Media and Information, […]
By John Lee. An Iraqi court has recovered IQD 20 billion (USD 15.3 million) in a financial and administrative corruption case. According to the Supreme Judicial Council (SJC), the funds were recovered by the Rusafa Investigation Court, which specialises in integrity and money-laundering cases, in connection with offences including financial fraud. (Source: Supreme Judicial Council)
By John Lee. An Iraqi-Turkish roundtable meeting has taken place in Baghdad, focused on strengthening economic and trade relations between the two countries. The meeting was chaired by Prime Minister Ali al-Zaidi and attended by a large number of Turkish business representatives, as well as a government delegation that included Minister of Trade Mustafa Nizar […]
