By John Lee. Iraq has closed the file on restricted airspace zones in its skies, following confirmation that military airspace areas listed in the Iraqi Aeronautical Information Publication (Iraq AIP) are no longer used for military operations. The Ministry of Transport announced the development, noting that it was achieved through a purely national decision taken […]
By Yesar Al-Maleki, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Oil Deals Reset US-Iraqi Relations? As Iraq and the United States enter a new phase in their relationship, oil is assuming a more central role. During Prime […]
By John Lee. Six memoranda of understanding (MoUs) were signed between Iraq and France at the Élysée Palace in Paris on Monday, covering defence, energy, aviation, and youth and innovation cooperation. The agreements were signed during a visit by Prime Minister Ali al-Zaidi and were witnessed by French President Emmanuel Macron. According to the Prime […]
By John Lee. A tanker was struck by an unknown projectile approximately 28 nautical miles south-east of Al Faw today (Wednesday). The vessel's crew are reported safe and no environmental impact has been reported. According to the United Kingdom Maritime Trade Operations (UKMTO), authorities are investigating the incident. Vessels are advised to transit the area […]
By John Lee. The United States has approved a possible Foreign Military Sale to Iraq for Bell 412EPX and Bell 407M helicopters and related equipment, with an estimated total value of $800 million. The principal contractor would be Bell-Textron, based in Fort Worth, Texas. According to the US Bureau of Political-Military Affairs, the package includes: […]
By John Lee. Iraq's Finance Minister and the South Korean Ambassador to Iraq have met to discuss the financing of an air defence system contract agreed between the two countries. According to Iraq's Ministry of Finance, Faleh Sari met with Ambassador Lee Jae-myung on Wednesday. Also present were the Iraqi Army Chief of Staff, Lieutenant […]
By John Lee. The director-general of the Middle Euphrates Electricity Production Company and one of the company's employees have been sentenced to six years in prison and a fine of IQD 10 million (USD 7,600) each for accepting bribes in exchange for releasing payments owed to a contractor. According to the Federal Commission of Integrity, […]
By John Lee. An audit of Iraq's national pension system has identified 16,384 deceased individuals whose retirement payments had not been stopped, alongside widespread data errors and corruption involving pension branch managers in provinces formerly affected by terrorism. The Federal Commission of Integrity announced it has begun auditing pension files and cross-referencing data held by […]
By Ali Hussein Al-Khafajy, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sanctions have Reshaped, Rather than Weakened, the Economic Model of Iraq's Armed Groups Mounting US pressure on the financing channels of armed groups in Iraq may not weaken their […]
By Bayan Al Hashimi. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Protecting Foreign Investors from Administrative Corruption in Iraq A practical legal framework for reducing administrative and compliance risk. Foreign investors considering Iraq usually begin with familiar questions: Is the project commercially viable? […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. US Packs up Last Iraqi Air Defenses as Withdrawal Deadline Looms Nearly two months ahead of its anticipated Sept. 30 withdrawal deadline, the United States has begun packing up its air defenses in […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Syria Rapprochement Makes Baghdad More Valuable, Not More Exposed On July 8, 2026, the Donald Trump administration informed the US Congress of its intent to rescind Syria's designation as a state sponsor of […]
