Iraqi Airspace Reopens to International Transit Flights
By John Lee. The Ministry of Transport announced on Tuesday that international air traffic will resume transit operations through Iraqi airspace within 24 hours following high-level coordination meetings with regional and international aviation bodies. The ministry said the arrangements were coordinated with Saudi Arabia, Kuwait, Bahrain, the European Union and the International Air Transport Association […]
Iraq Wins in $800m Arbitration Case Against Orange
By John Lee. Iraq has prevailed in an international arbitration case brought by Orange against the Republic of Iraq and the Communications and Media Commission (CMC), with all of the company's claims dismissed by the International Center for Settlement of Investment Disputes (ICSID). The Ministry of Justice said the outcome was the result of sustained […]
S&P removes Iraq from "CreditWatch"
By John Lee. S&P Global Ratings has affirmed its 'B-' long-term and 'B' short-term foreign- and local-currency sovereign credit ratings on Iraq. It added: "We removed the long-term ratings from CreditWatch, where we placed them with negative implications on March 17, 2026. The outlook on the long-term ratings is negative." More details, including economic stats, […]
Baghdad Airport Development Project "Cancelled"
By John Lee. Two major infrastructure projects have been cancelled by Prime Minister Ali al-Zaidi, according to the state-run Iraqi News Agency (INA). Al-Zaidi has ordered the cancellation of a railway project approved by the previous government, as well as the cancellation of a development project at Baghdad International Airport, which is said to have […]
Sudani's Legacy "in Question" as PM Clamps Down on Corruption
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sudani's Legacy in Question as New Iraqi PM Clamps Down on Corruption Iraq is being rocked by several high-profile corruption scandals, upping pressure on former premier Muhammad Shia' Al-Sudani (2022-26). Multiple arrests linked […]
French Iraqi Business Council discusses Investment Opportunities
By John Lee. A reconstruction and investment dialogue has been held in Baghdad to discuss future development priorities and investment opportunities for the capital. The meeting was convened by the French Iraqi Business Council (IFBC) at the headquarters of Baghdad Mayoralty and hosted by Baghdad Mayor H.E. Eng. Ammar Mousa Kadhim. The delegation was led […]
Australia, Iraq Discuss Economic Cooperation
By John Lee. Iraq and Australia have discussed expanding cooperation in the financial and banking sectors, with a focus on economic reform, development, and knowledge-sharing. During a meeting in Baghdad, Finance Minister Faleh Al-Sari and Australian Ambassador Glenn Miles reviewed opportunities to strengthen economic relations between the two countries. The discussions covered a range of […]
The Strategic Value of Kurdish Gas for Europe's Energy Security
By Dr Kamran Yeganegi, for Middle East Monitor, under a Creative Commons licence. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Strategic Value of Kurdish Gas for Europe's Energy Security Europe's Energy Challenge is Far From Over Europe has made significant progress in […]
"Clock Ticking" on Iraq-Turkey Pipeline (ITP) Renewal
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Clock Is Ticking Down To Iraq's Economic Disaster On 27 July OPEC's second-largest oil producer, Iraq, has less than two months before it loses the key means to export its […]
Rural Women and Farmers Receive Agricultural Support in Karbala
By John Lee. The Food and Agriculture Organization of the United Nations (FAO) has provided productive assets and agricultural inputs to rural women and farmers in Karbala Governorate to support agricultural production and strengthen resilience to climate-related challenges. The initiative was delivered under two FAO projects implemented in partnership with the Ministry of Agriculture and […]
Iraq Approves AI Engineering Clubs at Five Universities
By John Lee. The Ministry of Higher Education and Scientific Research has approved the establishment of AI Engineering Clubs at five Iraqi universities, following the earlier creation of ten dedicated artificial intelligence colleges across the country. Acting Minister Dr. Abdul Hussein Al-Moussawi (pictured) announced the move, stating that the clubs represent a new pillar for […]
MP Faces Extortion Complaint Over Housing Project Demands
9By John Lee. The Federal Commission of Integrity has issued a statement clarifying the background to a criminal complaint before the Central Anti-Corruption Criminal Court against a sitting member of the Iraqi Council of Representatives. According to the Federal Commission of Integrity, the unnamed MP is alleged to have extorted the owner of a residential […]