Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has received the Chairman of the Tamayouz Excellence Award for Architecture, architect Ahmed Al-Malak, accompanied by Iraqi architect Manhal Al-Habbobi and Jordanian architect Osayd Al-Aytan. The meeting discussed preparations for Baghdad's hosting of the Arab Architecture Festival in October, organised by the Tamayouz Foundation under the Prime […]
By John Lee. The Central Bank of Iraq (CBI) has announced an increase in the ratio of total credit to total deposits, reflecting stronger lending activity and support for economic growth. The ratio reached 61 percent in the second quarter of 2025, up from 55 percent in the same period of 2024, representing an 11 […]
By John Lee. BKPS, an affiliate of global energy company Karpowership, has signed a contract with Iraq's Ministry of Electricity and the General Company for Electric Energy Production / Southern to deliver up to 590 MW of electricity through two Powership vessels. The vessels, including the Orka Sultan, will be deployed to the ports of […]
By John Lee. Turkish logistics company DMN Lojistik has successfully delivered a shipment of goods from Gaziantep, Türkiye, to Amman, Jordan, using Iraq as a transit route under the United Nations-backed TIR system. According to a press release from the International Road Transport Union (IRU), the eight-truck convoy completed the journey in under five days, […]
By John Lee. The Iraqi Cabinet has authorised the Ministry of Electricity to sign an addendum with China's SEPCOIII [Electric Power Construction Corporation] for the construction of a dry gas pipeline supplying the Anbar Combined-Cycle Power Plant. The project involves a 250-kilometre pipeline, with the new addendum covering the construction of the section from the […]
By John Lee. Jordan's National Electric Power Company (NEPCO) has announced an agreement with Iraq to extend the electricity supply contract for one year. NEPCO's Director General, Dr. Sufyan Bataineh, confirmed that, at Iraq's request, the company will continue providing power from Jordan's grid to Iraq's Al-Rutba region until September 2026, or until the planned […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. U.S. Sanctions on Iran Derail Crucial Iraq-Turkmenistan Gas Deal The U.S. opposes the Turkmenistan-Iraq gas deal as it routes gas via Iran, allowing Tehran to keep a share as a transit fee and profit […]
By Mohammed Hussein, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region Electricity Reform and the "Runaki" Project The Kurdistan Region of Iraq (KRI) has struggled […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday to follow up on the implementation of the government's "Riyada" initiative and the disbursement of youth loans for qualified applicants. Al-Sudani highlighted the initiative's positive reception among young people, describing it as a foundation for a new labour market reality, encouraging private […]
By Ahmed Tabaqchali, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Power Conundrum This paper aims to unpack Iraq's power conundrum first by reviewing the deficiencies […]
By John Lee. The United Nations (UN) in Iraq has published its Annual Results Report 2024. The United Nations Country Team (UNCT) in Iraq, composed of 23 UN agencies, funds and specialized programmes, is dedicated to supporting Iraq's journey towards achieving the Sustainable Development Goals (SDGs). Guided by the principle of leaving no one behind, […]
By John Lee. Iraq's Minister of Oil Hayan Abdul Ghani has held talks in Baghdad with Syrian Minister of Energy Mohammad Bashir, focusing on cooperation in oil, gas, and energy. Discussions covered Iraq's plans to diversify crude oil export routes amid rising production, including rehabilitating or replacing the Iraq-Syria export pipeline, which was active in […]
