Iraq Condemns Israeli Military Action Against Iran
By John Lee. The Government of Iraq has issued a strong condemnation of what it described as military aggression by Israel against the Islamic Republic of Iran, calling the act a clear violation of international law and the United Nations Charter. A statement from Government Spokesman Basim Alawadi urged the international community to go beyond […]
Iraq's Quiet Return to Global Energy Relevance
By Nicholas Oakes, for the International Policy Digest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. From Pipeline to Policy: Iraq's Quiet Return to Global Energy Relevance Recent deals with China, India, and France point to a strategic effort to diversify trade partnerships, hedging […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th June 2025. Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed on June 15, 2025 (Sunday) due to the national holiday (Eid al-Ghadir). The next trading session will be held […]
Iraq Advances Legal Framework for Development Road Project
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting on Wednesday to review the legal framework governing the Development Road Project and its associated initiatives. The Prime Minister received a detailed briefing from the project team on legal and technical requirements, including construction standards and operational procedures. He emphasised the need to urgently […]
US orders Non-Essential Staff to Leave Embassy in Baghdad
By John Lee. The U.S. Department of State ordered the departure of non-emergency U.S. government personnel from its embassy in Baghdad. A statement from the Embassy said the move was "due to heightened regional tensions." Analysts say this relates to an increased likelihood that negotiations with Iran regarding nuclear enrichment will break down. Iran's Defence […]
Iraqi Private Sector Faces Four Key Challenges, Says Professor
By John Lee. The Iraqi private sector confronts significant obstacles that must be addressed to unlock the country's economic potential, according to Professor Frank Gunter of Lehigh University, speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London recently. Professor Gunter identified four critical challenges hampering private enterprise development in Iraq: Finance: Iraqi […]
Iran Proposes Joint AI Centre with Iraq on Gulf Island
By John Lee. Hussein Afshin, Assistant to the Iranian President for Scientific and Technical Affairs and the Knowledge Economy, has reportedly proposed establishing a joint Iran-Iraq artificial intelligence (AI) centre on one of Iran's islands. Speaking during a meeting in Tehran with Ali Razzouqi, Deputy Head of the Office of the Iraqi Prime Minister, Afshin […]
Al-Mathar Group Acquires 4 Corners Creative Agency
By John Lee. Baghdad-based advertising firm 4 Corners Creative Agency has announced that it has been acquired in full by Al-Mathar Group, marking what it describes as, "a strategic step aimed at supporting the agency's growth and strengthening its position in both the local and regional markets." 4 Corners was founded in 2016 by Ameer […]
French Caracal Helicopters enhance Iraqi Army Capabilities
By John Lee. The Iraqi Army Aviation Command has begun equipping newly-delivered French-made Caracal helicopters at Martyr Brigadier General Mohammed Alaa Air Base. According to a statement from the Ministry of Defense, this initiative is part of a broader plan to strengthen the operational capabilities of Iraq's Army Aviation. The Caracal helicopters are equipped for […]
Iraq to Attract Investment through New IPOs
By John Lee. The Iraqi Securities Commission (ISC) has announced new efforts to enhance the attractiveness of the Iraq Stock Exchange (ISX), focusing on corporate governance and expanding the base of listed companies. State-run Iraqi News Agency (INA) quotes ISC board member Wadhah al-Taha as saying that the launch of a corporate governance guide marks […]
'Visit Kurdistan' Platform is launched; 20m Tourists by 2035
By John Lee. Iraqi Kurdistan's 'Visit Kurdistan' platform was formally launched on Tuesday. The private-sector-led initiative is focused on advancing the Kurdistan Region's tourism sector and attracting international visitors. During the event, KRG Prime Minister Masrour Barzani delivered a speech in which he emphasized that the KRG, as part of its development agenda across all […]
UN praises Iraq's drive towards "More Stability, More Prosperity"
By John Lee. Dr. Mohamed Al Hassan, Special Representative of the UN Secretary-General for Iraq, delivered a briefing to the UN Security Council on Tuesday, at the start of which he highlighted "Iraq's drive towards more stability, more prosperity, and closer regional integration." With just over six months remaining before UNAMI's mandate ends, Dr Hassan […]