Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By John Lee. South Korea's Hanwha Engineering & Construction has reportedly abandoned construction at the giant Bismayah New City housing project near Baghdad. According to Korea Economic Daily, the decision was made having failed to receive payments for years from the Iraqi government. It says the company expects losses of up to $581 million if […]
By Hamdi Malik and Michael Knights 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. Iraqi Militia Group Makes Credible New Threat Against the Gulf States The facade group in question tends to follow through on its […]
By Dr Renad Mansour for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The deadly greed of Iraq's elite Political unrest since last year's election has claimed dozens of lives - but high-level corruption has quietly killed many more Iraqis. Click here […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Clashes rock Baghdad's Green Zone as Iraqi parliament re-elects speaker Iraqi parliament re-elected Mohammed al-Halbusi as parliament speaker amid protests and rockets in the Green Zone. Click here to read the […]
By Safwan Al-Amin and Bilal Wahab 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. Iraq's Constitutional Moment? Although the country currently lacks the unity and rule of law needed to safely pursue a process as fraught […]
By John Lee. Petrel Resources has said that Iraq's Ministry of Oil should negotiate Production Sharing Agreements to replace the existing service contracts, as, "this would better align the interests of the parties, and create more wealth, value-added in downstream industries like refined products and petrochemicals, infrastructure and employment for Iraq." In its unaudited interim […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi parliament speaker resigns Iraqi parliament speaker Mohammed al-Halbusi [Halbousi] (pictured) resigned from his post but is expected to be re-elected. Click here to read the full article.
By John Lee. The Undersecretary for Liquidation and Distribution Affairs at Iraq's Ministry of Oil, Hamid Younis, has said that the shift towards the use of liquified gas for vehicles is a strategic project for Iraq, which promotes sustainable development and supports the national economy, and is supported by the government and the Ministry. He […]
By Haley Bobseine, for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: A crisis of elite, consensus-based politics turns deadly This article is the first in a three-part series on Iraq's political crisis. This piece analyzes the crisis […]
By John Lee. Iraq's State Oil Marketing Organization (SOMO) has announced that it had taken "marketing measures" and informed all international companies not to buy crude oil from the Kurdistan Region of Iraq (KRI). SOMO Director, Alaa Al-Yasiri, also told the state-run Iraqi News Agency (INA): "The Federal Court issued a decision stipulating the invalidity […]
By John Lee. Iraq's Federal Supreme Court has invalidated the Cabinet decision to set up the Iraqi National Oil Company (INOC). According to a statement from the Court, Paragraphs 2 and 3 of Cabinet Decision No. 109 of 2020, and Decision No. 211 of 2021, are in breach of the constitution. The full judgement, in […]
By Robert F. Worth for The Atlantic. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Most Stinging Resignation Letter Ever Written When Iraq's finance minister stepped down last month, he didn't go quietly. Click here to read the full article.
