Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Teacher insurrection puts pressure on Kurdish ruling parties Teachers in Iraqi Kurdistan are escalating protests to pressure the Kurdistan Regional Government (KRG) into paying public sector salaries more regularly. Thirteen teachers have been […]
From Education International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: The Unified Retirement Law: A step towards improving retirees' lives and creating job opportunities In a significant step towards achieving social justice and equality among retirees, the Kurdistan Regional Government in Iraq […]
By John Lee. Iraq's Council of Ministers has approved a 40% additional customs duty on imported PET rolls made from polyethylene granules, used in the production of single-use water cups, food containers, and transparent storage products. The measure will be in effect for four years without reduction, with market conditions under review. Key Measures: Customs […]
By John Lee. Iraq has agreed to forgive 80% of Mozambique's bilateral debt, with the remaining 20% restructured over 15 years, following a four-year grace period (2029-2043). The original debt of $60.26 million was incurred in 1979-1980 for oil supply agreements but had grown in the meantime to $320.16 million. Under the agreement, $256.13 million […]
By John Lee. The International Energy Agency (IEA) has published its National Climate Resilience Assessment for Iraq: Key Climate Trends Iraq's warming rate (0.48°C per decade) exceeds the global average (0.37°C). Projected temperature rise: 2.5°C (low-emissions) to 5.6°C (high-emissions) by 2100. More extreme weather: Increased droughts in the north, heavier rainfall in the south. Growing […]
By John Lee. Iraqi President Dr. Abdul Latif Rashid met with the new Kuwaiti Ambassador to Iraq, Hassan Mohammed Al-Zaman, in Baghdad on Monday, 10th February, to discuss bilateral relations and economic cooperation. President Rashid reaffirmed Iraq's commitment to strengthening ties with Kuwait, highlighting investment opportunities and the importance of expanding economic collaboration. He also […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with Mikhail Bogdanov, Special Envoy of Russian President Vladimir Putin, to discuss strengthening Iraq-Russia relations. Talks covered economic cooperation, regional stability, and the upcoming Arab-Russian Summit, which Al-Sudani signalled his intent to attend. Discussions also focused on expanding collaboration in multiple sectors, including the Development Road […]
By John Lee. NATO Secretary General Mark Rutte has visited Iraq, accompanied by Supreme Allied Commander Europe (SACEUR), U.S. Army General Christopher G. Cavoli. During his visit, he met with President Dr. Abdul Latif Rashid, Prime Minister Mohammed Shia' Al-Sudani, and other senior officials to discuss NATO Mission Iraq (NMI), NATO-Iraq cooperation, and regional security. […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met recently with Italy's new Ambassador to Iraq, Niccolò Fontana. He congratulated Fontana on his new role and wished him success in his mission. Discussions covered bilateral relations and opportunities for enhanced cooperation across various sectors. Regional developments were also addressed, including the situation in Syria and […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump Cancels US Exemption for Iraq to Import Electricity and Gas from Iran US President Donald Trump on Wednesday revoked Iraq's exemption to import electricity and gas from Iran, reinforcing Washington's campaign of maximum […]
By Ben Fishman, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump's Foreign Assistance Review Prioritizes Funding Over Policy The U.S. government has demonstrated a long-term interest in supporting the Iraqi security forces, investing $1.25 billion […]
By John Lee. The Iraqi Parliament has voted to approve the first amendment to the Federal Budget Law (No. 13 of 2023) for the fiscal years 2023, 2024, and 2025. Proposed by the Finance Committee, the amendment aims to appoint an international technical advisory firm to assess fair production and transportation costs for oil fields […]
