Iraq close to agreement with China on Nuclear Training Reactor
By John Lee. Iraq's Minister of Higher Education and Scientific Research, Dr. Naeem Al-Aboudi, who also heads the Iraqi Atomic Energy Commission (IAEC), has announced that three sites within the Tuwaitha complex southeast of Baghdad are now confirmed to be free of radioactive contamination. Speaking at a press conference, Dr. Al-Aboudi said the cleared sites […]
PM Calls on Youth to Lead Iraq's Environmental Transformation
By John Lee. On the occasion of World Environment Day, Prime Minister Mohammed Shia Al-Sudani attended the National Conference for Young Environmental Pioneers at Al-Mustansiriyah University, where he highlighted the essential role of youth in raising environmental awareness and advancing sustainable practices in Iraq. During the event, the Prime Minister planted a tree in the […]
Iraq announces Major Banking Sector Overhaul
By Padraig O'Hannelly. Iraq is embarking on a comprehensive restructuring of its banking sector with the assistance of leading international consultancy firms, according to Dr Salih Salman, Advisor to the Iraqi Prime Minister, speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London on Tuesday. The Iraqi government has appointed Ernst & Young […]
Asiacell and China Mobile partner on Digital Transformation
By John Lee. Asiacell and China Mobile International (CMI) have signed a Memorandum of Understanding (MoU) to jointly deliver comprehensive digital and telecom solutions in Iraq, with a strong focus on B2B and enterprise services. The agreement aims to support Iraq's broader digital transformation by leveraging CMI's global technical expertise and real-world use cases to […]
Iraq Launches QR Code Platform to Combat Counterfeit Goods
By John Lee. Prime Minister Mohammed Shia Al-Sudani reaffirmed his government's continued support for the industrial sector, the modernisation of the banking system, and tighter oversight at border crossings to block the entry of substandard goods. Speaking on Thursday at a ceremony held by the Iraqi Federation of Industries (IFI) to mark National Industry Day, […]
KRG to Eliminate 7,000 Private Generators by 2026
By John Lee. The Kurdistan Regional Government (KRG) has said that its Runaki (Light) project is making significant progress toward delivering 24-hour electricity to the entire Kurdistan Region by the end of 2026. One of the initiative's key milestones is the planned decommissioning of approximately 7,000 private diesel generators, which have long been a major […]
"Catch 16" and the Resumption of Oil Exports from Kurdistan
By Ahmed Tabaqchali, Chief Strategist of Asia Frontier Capital (AFC) Iraq Fund, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Catch 16: The Issue Bedevilling the Resumption of Crude Exports through the Iraq-Türkiye Pipeline […]
Baghdad and Erbil Exchange Sharp Words over Oil Revenue Dispute
By John Lee. Iraq's federal Ministry of Oil and the Kurdistan Regional Government (KRG) have issued competing statements over the longstanding dispute regarding oil production and revenue sharing, highlighting the continued impasse that has cost the country billions of dollars in lost exports. Federal Government Position The federal Ministry of Oil in Baghdad has demanded […]
Businessmen Arbitrarily Detained in Iraq Released
By John Lee. Ireland's Tánaiste (Deputy Prime Minister) and Minister for Foreign Affairs, Simon Harris, has confirmed the release on bail of Robert Pether, an Australian engineer resident in Ireland, who has been imprisoned in Iraq since 2021. The announcement comes following a phone call from Iraq's Foreign Minister, Fuad Hussein, who personally informed the […]
Iraq Explores Green Hydrogen and Blue Ammonia
By John Lee. The National Investment Commission (NIC) held a high-level meeting recently to discuss investment opportunities in the production of green hydrogen and blue ammonia, aligning with Iraq's broader strategy to diversify its energy sources and shift towards clean and renewable alternatives. NIC Chairman Dr Haider Muhammad Makiyya, who chaired the meeting, stated that […]
Launch of Canada-Kurdistan-Iraq Business Council
By John Lee. During the launch of the Canada-Kurdistan-Iraq Business Council in Erbil, the Chairman of the National Investment Commission (NIC), Dr. Haider Muhammad Makiyya, underscored the importance of expanding economic partnerships as a foundation for stable national economies. Dr. Makiya revealed that Iraq had attracted over $90 billion in investment over the past two […]
Iraq celebrates launch of TIR System
By John Lee. With the TIR system now live in Iraq since April 2025, the Minister of Transport and industry leaders officially marked this milestone this week in Baghdad, signalling a new era for international logistics and trade. The official launch of the global TIR transit system in Baghdad brought together the public and private […]