Iraq Launches National Housing Policy 2025-2030
By John Lee. The Government of Iraq, with support from the United Nations Human Settlements Programme (UN-Habitat) and funding from the European Union (EU), has launched the National Housing Policy (NHP) 2025-2030, providing a comprehensive framework to address the country's housing challenges and promote equitable, sustainable urban development. Prime Minister Mohammed Shiaa Al-Sudani praised the […]
Work Starts on Iraq's Strategic Third Offshore Pipeline
By John Lee. The Ministry of Oil has inaugurated the strategic Third Offshore Pipeline Project ('Sealine 3' Project), one of the most important initiatives aimed at strengthening Iraq's southern crude oil export system. Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani said during the inauguration ceremony in Basra that the […]
US Sanctions Iraq's Giant Muhandis Conglomerate
By John Lee. The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed new sanctions targeting individuals and companies accused of helping the Iranian regime evade US sanctions, smuggle weapons, and engage in corruption through networks operating in Iraq. According to a statement from OFAC, the designations target Iraq-based financial and […]
German Bank to Collaborate with CBI on Int'l Payments ...
By John Lee. The Central Bank of Iraq (CBI) Governor, Ali Mohsen Al-Allaq, met in Baghdad with the Representative of Institutional Clients and International Transaction Banking at Germany's Commerzbank, to explore avenues for strengthening bilateral financial cooperation. Discussions focused on expanding banking relations between Iraqi banks and Commerzbank to support economic activity and deepen financial […]
Schools Contract in Sherqat
By John Lee. Askeeban Company Ltd has won a contract with the United Nations Development Programme (UNDP) for the "construc[tion] of a 3-Classroom extension for Maymona primary school for Girls is to restore education services in Sherqat District." Contract value is stated as $50,885.20. (Source: UNGM)
Iraq Launches Plans for "$60bn" Al-Tayeb Economic City
By John Lee. The National Investment Commission (NIC) has announced the start of administrative procedures to designate the Al-Tayeb area in Maysan as a district, paving the way for its transformation into a major multi-service economic city and strategic investment opportunity. NIC Chairman Dr. Haider Mohammed Makiya said the Commission has received the master planning […]
UNOPS Contract for Housing Units in Ramadi
By John Lee. Al-Fityan Company For General Contracts has won a contract with the United Nations Office for Project Services (UNOPS) for "Rehabilitation of 40 category III housing units in Ramadi" Reference: ITB/2025/58519, Lot 2. The contract value was stated as $350,655. (Source: UNGM)
The Pension System in Iraq: Reform Strategies and Social Justice
By Dr Haidar Naama Bakhit, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Pension System and Fund in Iraq: Assessing the Reality and Reform Strategies between Financial Sustainability and Social Justice Iraq's pension system, managed […]
"Fragile" Accord sees Resumption of Oil Exports from KRI
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Fragile accord sees resumption of oil exports from Iraqi Kurdistan Iraqi federal authorities and the Kurdistan Regional Government (KRG) are celebrating an agreement to resume oil exports via Turkey after a two-and-a-half year […]
Tal Afar: The Forgotten City
By Ahmed Kamal El-Din, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tal Afar: The Forgotten City Tal Afar, despite being one of Iraq's largest and most historic districts, has suffered decades of neglect and severe […]
Renewed KRI Oil Flows Could Benefit US-Iraq-Turkey Relations
By Noam Raydan and Soner Cagaptay, 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. How Renewed Oil Flows from the ITP Could Benefit U.S.-Iraq-Turkey Relations The potential economic and strategic benefits of reopening the northern Iraqi […]
Contract for Enhancing Social Cohesion in Southern Iraq
By John Lee. Iraqi Al-Firdaws Society has won a contract with the United Nations Development Programme (UNDP) for "Enhancing Social Cohesion and Community Resilience to Climate-Induced Mobility in Southern of Iraq." Contract value is stated as $34,923.63. (Source: UNGM)