Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
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 […]
By Shahriar Sheikhlar for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. BP's High-Stakes Return to Kirkuk BP's reemergence in Kirkuk could present significant challenges to both the oil company and Al-Sudani's belief in the future of the country's political environment. The coming […]
By Ingrid d'Hooghe, Vera Kranenburg, and Erwin van Veen, for The Clingendael Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China in Iraq The main objective of China's engagement in Iraq is to ensure a reliable flow of oil that diversifies Beijing's imports […]
By John Lee. Iraq and Egypt have signed multiple Memorandums of Understanding (MoUs) under the patronage of Prime Minister Mohammed S. Al-Sudani and Egyptian Prime Minister Mostafa Madbouly during the third session of the Iraq-Egypt Joint Higher Committee in Baghdad. The agreements cover a range of sectors, including: Transport - Land transport of passengers and […]
By John Lee. Just a month ago, Iraq Business News ran an article examining the possible connection between support for Donald Trump and a belief in the Iraqi Dinar revaluation theory -- the idea that the Iraqi Dinar (IQD) will revalue ("RV") to as much as 1000 times its current value. You can read the […]
By John Lee. In September 2024, the Government of Iraq launched the second phase of the PROSPECTS partnership in Iraq, an initiative spearheaded and funded by the Government of the Netherlands. As part of this initiative, UNHCR has published a Factsheet: PROSPECTS partnership in Iraq (January 2025) It says that, as of December 2024, Iraq […]
From the Iraq Britain Business Council (IBBC): As part of the official visit of Prime Minister Mohammed Shia Al Sudani to the United Kingdom the IBBC was delighted to host a business reception in honour of the Prime Minister and his delegation. The reception took place on 15th January, at the home of the Institute […]
From the Iraq Britain Business Council (IBBC): The Iraq Britain Business Council (IBBC) hosted two senior Iraqi ministers, along with FCDO Minister Hamish Falconer, at the prestigious One Great George Street in Westminster. The distinguished attendees included H.E. Mr. Fuad Hussein, Deputy Prime Minister and Minister of Foreign Affairs; H.E. Mr. Hayan Abdul Ghani, Deputy […]
By John Lee. Prime Ministers Keir Starmer and Mohammed S. Al-Sudani have unveiled an ambitious £12.3 billion [$15 billion] UK-Iraq trade and investment package aimed at enhancing prosperity and bilateral economic ties. The agreement represents over a tenfold increase in trade compared to last year and underscores both nations' commitment to strategic collaboration across key […]
By John Lee. Iraq and the United Kingdom have signed a Memorandum of Understanding (MoU) focused on climate change, environmental sustainability, and carbon economics, marking a significant step in bilateral cooperation. The agreement was formalised during Prime Minister Mohammed S. Al-Sudani's meeting with UK Secretary of State for Foreign, Commonwealth and Development Affairs, David Lammy, […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani has arrived in London on an official visit, during which he will meet His Majesty King Charles III, Prime Minister Keir Starmer, senior officials in the British government and business leaders. Writing in The Telegraph, Prime Minister Al-Sudani emphasised the opportunities for cooperation between the two […]
