Iraq Cuts Internet Transit Fees by 40%
By John Lee. Iraq has cut internet transit fees by 40 percent as part of a strategy to position the country as a key international corridor for data traffic between East and West, according to the Ministry of Communications. The reduction was formally endorsed by the ministry's advisory board and the board of directors of […]
FATF Places Iraq Under Increased Monitoring
By John Lee. Iraq has been added to the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring -- commonly known as the grey list -- following the organisation's June 2026 plenary session. Iraq made a high-level political commitment to work with the FATF and MENAFATF to strengthen the effectiveness of its anti-money […]
Iraq "Considers Mini-Budget"
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq considers mini-budget to keep country running Iraq's parliament is pushing for a mini-budget for 2026 after a cabinet change and the halt of most oil […]
Mechanised Rice Transplanting to Address Water Scarcity in Najaf
By John Lee. A consultation held in Najaf on 15 June has agreed to expand mechanised rice transplanting in the governorate as a climate-adaptive measure to improve water-use efficiency and support sustainable rice production. The meeting was convened by the Food and Agriculture Organization of the United Nations (FAO) and government partners under the Green […]
WFP Iraq Country Brief, June 2026
WFP Iraq Country Brief, June 2026 (Reporting Period: April - May 2026) In Numbers 14,762 people assisted in April 2026 (58% female) 13,839 people assisted in May 2026 (59% female) USD 988,900cash transferred between April 2026 - May2026 USD 5 M required in the next six months (June - November 2026) Key Highlights Iraq continues […]
New Instructions regarding Foreign Workers in Iraq
By John Lee. Iraq's Ministry of Justice has published "Instructions of Recruiting, Employing and Permitting the Foreign Workers in Iraq". Click here to download the full report. To browse our comprehensive library of reports on Iraq, click here. (Source: Ministry of Justice)
GKP Shares Rise following Operational Update
By John Lee. Shares in Gulf Keystone Petroleum (LSE: GKP) closed up more than 2 percent on Friday after the company published an operational and corporate update. Full statement from GKP: 2026 AGM Operational & Corporate Update Ahead of today's 2026 Annual General Meeting ("AGM"), Gulf Keystone, a leading independent operator and producer in the Kurdistan […]
Ankara's Kurdish Dance in Iraq leaves Erbil in Leading Role
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Ankara's New Kurdish Dance in Iraq Leaves Erbil with the Leading Role Strengthening a steady rapprochement, Turkiye's Ambassador to Iraq Anil Bora Inan on June 4 met with Patriotic Union of Kurdistan (PUK) […]
Petrel Resources Updates on Iraqi Prospects
By John Lee. Irish-based Petrel Resources Plc (LON: PET) has published its preliminary results for the year ended 31 December 2025. Regarding prospects in Iraq, the company said: "In Iraq, discussions continued regarding several potential development and gas monetisation opportunities. Iraq remains one of the world's most resource-rich hydrocarbon provinces and continues to offer significant long-term […]
Chinese Carmaker Expands Baghdad Presence with New Showroom
By John Lee. SOUEAST has opened its first mall showroom in Baghdad, in a step the company says will strengthen its market presence, dealer network and customer service capabilities in Iraq. The showroom is located in Iraq Mall, described as the largest integrated commercial complex in Baghdad. Covering nearly 200 square metres, it features a […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: [INSERT]. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,780.7 4.6% 8.8% USD-RSISX 2,734.2 4.6% 8.8% IQD-RSIHX 1,670.4 […]
Iraq Development Plan to 2050 Discussed with UNDP
By John Lee. Prime Minister Ali al-Zaidi received United Nations Assistant Secretary-General and United Nations Development Programme (UNDP) Administrator Abdullah Al-Dardari and his accompanying delegation. According to the Prime Minister's Media Office, the meeting covered several issues including project financing mechanisms, strengthening social protection programmes, establishing a development fund, and support for the return of […]