Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq's Council of Ministers has approved a recommendation from the Ministerial Council for the Economy to suspend new investment project contracts across all ministries, non-ministry-affiliated bodies, and governorates, as part of a public spending rationalisation drive. The freeze also covers spare parts orders and components added to existing projects without a direct […]
By John Lee. A weekly shipping service has been launched linking Abu Dhabi's Khalifa Port with Umm Qasr Port in Iraq, aimed at enhancing trade flows across the region. According to Abu Dhabi Ports (AD Ports Group), the service addresses growing container and Ro-Ro cargo volumes and is designed to strengthen connectivity between Lebanon, Syria, […]
By John Lee. The TIR international road transit system became fully operational in Iraq on 1 April 2025, with transport companies opening seven routes via the country and completing more than 1,000 operations within the first eight months, according to the International Road Transport Union (IRU). Iraq subsequently made TIR mandatory for all goods transiting […]
By John Lee. Iraq has cut internet transit fees by 40 percent as part of a strategy to position the country as a key international corridor for data traffic between East and West, according to the Ministry of Communications. The reduction was formally endorsed by the ministry's advisory board and the board of directors of […]
By John Lee. Iraq has been added to the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring -- commonly known as the grey list -- following the organisation's June 2026 plenary session. Iraq made a high-level political commitment to work with the FATF and MENAFATF to strengthen the effectiveness of its anti-money […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq considers mini-budget to keep country running Iraq's parliament is pushing for a mini-budget for 2026 after a cabinet change and the halt of most oil […]
By John Lee. A consultation held in Najaf on 15 June has agreed to expand mechanised rice transplanting in the governorate as a climate-adaptive measure to improve water-use efficiency and support sustainable rice production. The meeting was convened by the Food and Agriculture Organization of the United Nations (FAO) and government partners under the Green […]
By John Lee. Iraq's Ministry of Justice has published "Instructions of Recruiting, Employing and Permitting the Foreign Workers in Iraq". Click here to download the full report. To browse our comprehensive library of reports on Iraq, click here. (Source: Ministry of Justice)
By John Lee. SOUEAST has opened its first mall showroom in Baghdad, in a step the company says will strengthen its market presence, dealer network and customer service capabilities in Iraq. The showroom is located in Iraq Mall, described as the largest integrated commercial complex in Baghdad. Covering nearly 200 square metres, it features a […]
By John Lee. Prime Minister Ali al-Zaidi received United Nations Assistant Secretary-General and United Nations Development Programme (UNDP) Administrator Abdullah Al-Dardari and his accompanying delegation. According to the Prime Minister's Media Office, the meeting covered several issues including project financing mechanisms, strengthening social protection programmes, establishing a development fund, and support for the return of […]
By John Lee. The Central Bank of Iraq (CBI) has firmly denied reports that it intends to change the exchange rate of the Iraqi dinar. In a statement, it said a forged document is being circulated claiming that the Prime Minister's office had submitted a request to the Finance Committee of the Council of Representatives […]
By John Lee. According to the Iraqi Civil Aviation Authority (ICAA), the opening of Mosul International Airport has been delayed due to several outstanding technical and operational requirements. The authority said it continues to monitor the project through regular field visits by technical teams and coordination with the Nineveh provincial administration and other relevant parties […]
