Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From the Iraq Britain Business Council (IBBC): Professor Frank Gunter outlines what Iraq needs to do to support the private sector and IBBCs Shwan Aziz on Iraq's energy opportunities via Iraq 24 channel Professor Frank Gunter Economics professor at Lehigh University and long-term observer of Iraq's economy, is launching an 'Ease of Doing business 'report for […]
By John Lee. Karkh Criminal Court in Baghdad has sentenced three defendents in the "tax deposit" scandal, often referred to as the "heist of the century." The case involves the theft of 3.7 trillion Iraqi dinars ($2.5 billion) from the General Tax Authority's account at the state-run Rafidain Bank. According to a brief statement from […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with Bandar bin Fahd Al-Fuhaid, President of the Arab Tourism Organization (ATO), to discuss strategies for advancing Iraq's tourism sector. The meeting culminated in the signing of two Memoranda of Understanding (MoUs) with the Ministry of Culture, Tourism, and Antiquities and the International Development Bank for […]
By John Lee. Iraq's Minister of Communications, Dr. Hayam Al-Yasiri, announced the Cabinet's approval of British multinational Vodafone as the operator for the national 5G mobile licence. The decision follows recommendations from the Ministry's negotiation team. The Ministry will formally notify Vodafone to begin negotiations on a memorandum of understanding, outlining preparatory steps for project […]
By John Lee. Archer Daniels Midland (ADM) will reportedly sell 44,000 metric tons of U.S. long grain rice to Iraq. According to FarmProgress.com, the product is expected to be shipped in January. More here. (Source: FarmProgress.com)
By Michael Knights, for the French Research Center on Iraq (CFRI). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Trump Administration and Iraq: What Comes Next? The re-election of Donald Trump probably signals the commencement of a more assertive U.S. effort versus Iranian […]
By John Lee. A high-level Russian delegation visited Iraq today (Tuesday), meeting with Prime Minister Mohammed S. Al-Sudani. Delegates included: Alexander Novak, Russian Deputy Prime Minister; Sergei Tsivilev, Russian Energy Minister; Mikhail Bogdanov, Russian Presidential Envoy to the Middle East and North Africa; Pavel Sorokin, Russia's First Deputy Minister of Energy. Discussions focussed on, "energy, […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has announced the preliminary results of the 2024 Census, conducted last week. According to a statement from the Prime Minister's office, Iraq's population has reached 45,407,895, including foreigners and refugees. The population distribution shows 70.3% residing in urban areas and 29.7% in rural areas. Sudani highlighted that […]
By John Lee. Iraq's Electricity Ministry has reported a complete halt in Iranian gas supplies to Baghdad, central Iraq, and the Middle Euphrates region for 15 days due to maintenance. This disruption has resulted in a power loss of 5,500 MW. According to a statement from the Ministry, while Iran was expected to supply 25 […]
By Ameer Al-Auqaili, for The Diplomat. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Why Did Iraq Suspend a $10 Billion Deal With China? The decision to stall a massive oil-for-infrastructure agreement marks a turning point in Middle East power dynamics. The full article […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Controversy erupts as Iraq accused of targeting Palestinian cab owners In Iraq, claims of new restrictions on Palestinians' access to social support and economic opportunity have sparked public outrage on social media. The […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is The U.S. Going To Bring This Multi-Billion Iraq Project To Fruition? Among the many projects in Iraq's energy sector that could each make it much-needed billions of dollars a year […]
