Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Central Bank of Iraq (CBI) has announced completion of the principal phase of its comprehensive reform programme for commercial, Islamic and foreign bank branches operating in Iraq. According to the Bank, all Iraqi banks have submitted the required documentation under the "minimum requirements" framework, selecting one of three pathways: Continuing in […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Central Bank denies responsibility for dollar exchange rate gap An official from the Central Bank of Iraq (CBI) told Rudaw on Wednesday that the bank is not responsible for the widening gap between […]
Kapita Research, Iraq Business News Announce Strategic Partnership New MOU expands access to high-quality, data-driven market intelligence on Iraq Kapita Research and Iraq Business News (IBN) have signed a Memorandum of Understanding (MOU) to formalise a strategic collaboration aimed at broadening access to high-quality, data-driven business and market intelligence on Iraq. The partnership brings together […]
By John Lee. Iraq's Council of Ministers has authorised the Ministry of Electricity to contract Excelerate Energy for the construction of a floating platform to import liquefied natural gas (LNG). The decision forms part of ongoing efforts to establish a floating LNG import terminal and is based on Cabinet Decision No. 878 of 2025. In […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Reimposes Vehicle Tariffs, Sparks Price Hikes Across Markets The enforcement of customs tariffs has led to immediate price adjustments in the automotive sector, broader market uncertainty, and calls from merchants for consumer support […]
By John Lee. Iraq's Ambassador to the Russian Federation, Abdul Karim Hashem Mustafa, met with Russian Deputy Foreign Minister for Economic Cooperation and Eurasian Integration, Alexander Anatolyevich Pankin (pictured), to discuss mechanisms for facilitating trade and enhancing investment cooperation between the two countries. According to the state-run Iraqi News Agency (INA), the meeting took place […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani chaired a special meeting on the Sovereign Guarantees Initiative, attended by the Minister of Finance, the Director General of Public Debt at the Ministry, the Head of the Sovereign Guarantees Committee, the President of the Trade Bank of Iraq (TBI), and a number of advisers. The meeting […]
By John Lee. The State Company for Rubber Industries and Tires, one of the companies of the Ministry of Industry and Minerals, has signed a partnership contract with the private sector to establish an integrated industrial project for specialised rubber products. Director General Eng. Haider Nasser Dhaher said the project comprises three main production lines: […]
By John Lee. Iraq's Ministry of Trade has reopened Berth No. 10 at the Umm Qasr grain silo following completion of maintenance and rehabilitation works, restoring the facility to full operational readiness as a key strategic gateway for wheat imports and storage. The reopening ceremony was attended by the Director General of the State Company […]
By John Lee. A branch of Canadian ice cream and cakes outlet La Diperie has opened at Jadiriya Mall in Baghdad. The opening ceremony was attended by the Canadian Ambassador to Iraq, underscoring growing commercial ties and retail cooperation between Iraq and Canada. La Diperie is a brand of the MTY Food Group. (Source: Jadiriya […]
By John Lee. Baghdad Game Lab has announced a new association with HP to support the growth of gaming, esports, and digital skills in Iraq through the HP Gaming Garage programme. The collaboration aims to expand access to future-ready skills as Iraq's youth population continues to grow and the country's creative and technology sectors gain […]
By John Lee. State Company for Automotive and Equipment Industry, one of the companies of the Ministry of Industry and Minerals, has signed a partnership contract with Iraqi and Emirati firms to establish an integrated industrial system for the assembly, production and marketing of various types of vehicles. The agreement covers the production of: Buses […]
