IBBC and UAE-UK BC agree on Mutual Partnership Arrangements
From the Iraq Britain Business Council (IBBC): IBBC and UAE-UK BC agree on mutual partnership arrangements. The UAE-UK Business Council and IBBC have agreed to partner each other on a mutual basis. The two organisations have overlapping memberships and very similar values and objectives, and are at heart, British in origin. The IBBC will be […]
Iraq Hosts First Internet Governance Forum
By John Lee. The two-day Internet Governance Forum (IGF) Iraq 2025 concluded on Sunday, marking the country's first national forum held under the umbrella of the United Nations. The opening session, titled "Internet Governance in Iraq," was moderated by Laith Al-Jazaeri and featured Dr. Hayam Al-Yasiri, Minister of Communications, as guest speaker. Day two included […]
CBI launches Inter-Wallet Money Transfers
By John Lee. The Central Bank of Iraq (CBI) has announced the launch of inter-wallet money transfer services, enabling individuals and businesses to conduct financial transactions with greater speed and flexibility. The new services include: Inter-wallet transfers between verified permanent wallets across different service providers. Inter-wallet transfers from verified permanent wallets to merchant wallets across […]
Top 10 Dinar Articles from August
The following were the ten most read dinar-related articles on Iraq Business News for the month of August: Iraqi Central Bank Reduces Supply of Dinars Iraqi Dinar Prospects: Reality Check After Six Months of Trump Donald Trump and the "Great Iraqi Dinar Revaluation" Iraq Reduces Foreign Debt Liabilities Iraq's Central Bank Reports 55% Growth in […]
Iranian Oil "Disguised as Iraqi": US Sanctions Iraqi-Kittitian Businessman
By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a network of shipping companies and vessels led by Iraqi-Kittitian businessman Waleed al-Samarra'i, accused of smuggling Iranian oil disguised as Iraqi-origin crude. According to the Treasury, the network covertly blended Iranian oil with Iraqi oil and […]
Oil Minister Visits Dora Oil Complex in Baghdad
By John Lee. The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, has visited the Dora Oil Complex in Baghdad. He was received by Haitham Ibrahim, Director General of Midland Refineries Company, and Ali Abdul-Karim Al-Moussawi, Director General of Oil Pipelines Company. The minister inspected operations at the complex, which hosts […]
Electronic Admission for Iraqi Colleges of Excellence and AI
By John Lee. The Ministry of Higher Education and Scientific Research has announced the launch of electronic applications for the College of Excellence and the College of Artificial Intelligence at the University of Baghdad for the 2025-2026 academic year. Applicants must be graduates of the 2024-2025 preparatory school year, born in 2001 or later, with […]
Iraq Launches Plan for Safe Migration - FULL REPORT
From the International Labour Organization (ILO): Iraq Launches Its First National Plan to Promote Safe, Orderly and Regular Migration Iraq has taken a historic step by launching its first national plan on migration, a five-year strategy designed to promote safe, orderly and regular migration pathways for Iraqis. The plan creates opportunities for work, education and […]
Iraqi Prime Minister meets Turkish Companies
By John Lee. Prime Minister Mohammed Shia' Al-Sudani met on Sunday with a group of businessmen and representatives of 17 Turkish companies from various sectors, in the presence of the Chairman of the National Investment Commission (NIC), the Executive Director of the Iraq Development Fund, several advisers, and the Turkish Ambassador to Iraq. The press […]
Iraq Launches 5G Telecom Company
By John Lee. Prime Minister Mohammed Shia' Al-Sudani on Sunday oversaw the signing of the Articles of Incorporation for the National Mobile Telecommunications Company (NMTC), a public joint-stock company established under the government programme. The new entity brings together three contributors: the State Employees' Pension Fund, Trade Bank of Iraq (TBI), and Al-Salam General Company […]
CBI launches Campaign to Promote Financial Inclusion
By John Lee. The Central Bank of Iraq (CBI) has announced the launch of the "Al-Samawal" campaign starting on 1st September 2025, in cooperation with banks and electronic payment service providers, as part of the National Financial Inclusion Strategy (2025-2029). The initiative aims to raise financial awareness, provide free bank account openings for traders and […]
Iraq announces Oil Exports for July
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for July. Total exports of crude oil: 104,750,788 barrels. Exports from the oil fields in central and southern Iraq amounted to 104,255,143 barrels. Exports from Qayyarah were 495,645 barrels. Average daily crude oil exports: approximately 3.379 million barrels per day. The total […]