Archive | Politics

Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.

Iraq PM meets Tunisian Business Leaders

By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, met with a group of Tunisian business leaders and private sector representatives in Tunis on Wednesday. During the meeting, Al-Sudani expressed his gratitude to Tunisia's President and Prime Minister for their warm hospitality, highlighting the deep fraternal ties between the two nations. He noted that the […]

Saudi Arabian approves MoU with Iraq on Money Laundering

By John Lee. The Saudi Arabian Cabinet has approved a Memorandum of Understanding (MoU) with Iraq aimed at tackling money laundering and terrorist financing. In a statement, the state-run Saudi Press Agency (SPA) reported that agreement involved, "exchanging financial investigations related to combating money laundering and terrorism financing between the Saudi General Directorate of Financial […]

Iraq and Turkey to Launch 13 New Water Projects

By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, has chaired a meeting to discuss the first phase of water projects outlined in a framework agreement with Turkey, signed in April. The package includes 13 key projects focused on water resource management, sanitation, and irrigation. Al-Sudani emphasized the importance of optimizing these projects, particularly in […]

Parliament's "Secret" Salary Increase "stokes Public Outrage"

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. 'Secret' salary increase in Iraq's parliament stokes public outrage Reports that Iraq's parliament has quietly expanded the privileges of lawmakers has broken open a firestorm of public recrimination. Opposition MPs and activists accuse […]

Iraq Sees 22% Growth in Tax Revenues

By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, chaired a meeting of the High Committee for Tax Reform on Thursday. The committee reviewed the implementation of various government reform measures that led to a 22% increase in tax revenues as of early August, compared to the same period last year. Al-Sudani emphasized that tax […]

BP "to develop Kirkuk Oilfields on Profit-Sharing Model"

By Alex Kimani for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. BP To Develop Iraq's Kirkuk Oil Fields On Profit-Sharing Model British oil and gas giant BP Plc (NYSE:BP) will develop Iraq's Kirkuk oil and gas fields based on a profit-sharing model […]

HRW: Iraqi Parliament Poised to Legalize Child Marriage

From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Parliament Poised to Legalize Child Marriage Iraq's parliament is moving forward an amendment to the country's Personal Status Law that would allow Iraqi religious authorities, rather than state law, to govern […]

New UN Report on Corruption Cases in Iraqi Kurdistan

The United Nations Development Programme (UNDP) has released the Trial Monitoring Report on grand corruption cases across the Kurdistan Region of Iraq, marking a significant milestone in curbing corruption in Iraq. The report highlights substantial progress by the Kurdistan Regional Government (KRG) in combating corruption and offers deep insights into the region's judicial proceedings through […]

Iraq Maintains Public Sector Stake in Mixed-Ownership Companies

By John Lee. The Iraqi government has decided to retain the state's shares in mixed-ownership companies, rejecting any sale of public sector stakes. The Cabinet said its decision on Tuesday was made to prevent losses to the public sector, as the true value of these companies is considered to be much higher than their current […]

New UAE Ambassador to Iraq

By John Lee. Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein received a copy of the credentials of the new UAE Ambassador to Iraq Mr. Abdullah Matar Khamis Khalfan Al Mazrouei, at the Ministry's headquarters on Tuesday, August 13, 2024. The meeting dealt with bilateral relations between the two countries and ways to enhance […]

Iraq debates Personal Status Law

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Reticent religious authorities stand to gain as Iraq debates personal status law Amid the revival of a proposed amendment to Iraq's personal status legislation, activists have raised alarm that it would fundamentally undermine […]

Iraq Approves Measures to Protect Local Fertilizer Production

By John Lee. The Iraqi Cabinet has approved "final protective measures" for domestically produced urea fertilizer. According to a Ministry of Industry and Minerals document dated August 4, 2024, the import price for Di-ammonium Phosphate (DAP) fertilizer will be set at 800,000 dinars ($610) per ton and for urea fertilizer at 550,000 dinars per ton. […]