Private Sector "at the Heart" of Iraq's Economic Transformation
By John Lee. Iraq's future economy should be measured not by oil production volumes but by added value, job creation, and regional and global integration, according to a senior adviser to the Prime Minister. Yousif Al Dunainawi, Chairman of the Advisory Commission of the Prime Minister, made the remarks at the International Institute for Strategic […]
Iraq-Italy Business Council Meeting Focuses on Investment
By John Lee. Iraq's Ministry of Trade has held discussions with the Iraq-Italy Business Council (IIBC) on expanding investment opportunities and economic partnerships. The meeting, held at the council's headquarters, was attended by the council's chairman and board members alongside a group of businesspeople. According to the Ministry of Trade, the talks covered investment opportunities […]
Iraq Simplifies Entry Visas for Syrian Merchants
By John Lee. Iraq has agreed to facilitate the issuance of entry visas for Syrian merchants classified as Excellent, First, and Second Class. According to the Federation of Syrian Chambers of Commerce, the move follows the organisation's efforts to remove obstacles facing Syrian traders seeking access to foreign markets. Federation President Alaa Omar Al-Ali informed […]
Iraq Trade Forum Closes with $17.5m in Potential Deals
By John Lee. The Iraqi National Trade and Investment Forum 2026 (INTF 2026) has closed in Baghdad with potential deals totalling $17.48 million reported from bilateral business meetings. The event was held under the theme "Iraqi-European Partnership in Trade and Investment to Support Economic Transformation in Iraq", in cooperation with the European Union (EU) and […]
Ansaldo Energia Explores Power Sector Projects in Iraq
By John Lee. Discussions on expanding Italian investment in Iraq's electricity sector have taken place between the National Investment Commission (NIC), Italian Ambassador Nicolò Fontana, and representatives of energy technology company Ansaldo Energia. According to the NIC, the meeting reviewed Ansaldo Energia's existing involvement in Iraq's power infrastructure and examined new proposals covering projects in […]
Korek Telecom Network Suspended in 14 Provinces
By John Lee. Iraq's federal Communications and Media Commission (CMC) has announced that it has shut down the main exchanges of Korek Telecom. The move suspends the network coverage for Korek across 14 governorates. The CMC had previously claimed repeated failures by the company to meet its contractual obligations, and said it would pursue all […]
Iraq-Jordan-Egypt Trilateral Oil Cooperation Talks
By John Lee. A second meeting of the Iraqi-Jordanian-Egyptian trilateral coordination committee has discussed strategic oil, energy, and petrochemical projects, including the Basra-Haditha pipeline. The session was held via videoconference and chaired by Ali Ward Hammoud, Director General of the State Company for Oil Projects (SCOP), who leads the Iraqi working group for the Tripartite […]
OPEC+ Countries Maintain Production Levels
By John Lee. Seven OPEC+ member countries have agreed to maintain their September 2026 production levels for December 2026. The group met virtually on Saturday to review global market conditions, with Iraq's Oil Minister, Bassem Mohammed al-Abadi, in attendance. Full statement from OPEC: Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to […]
IBBC Baghdad Conference: 'Iraq - Rising to the Challenges'
From the Iraq Britain Business Council (IBBC):
Maserati Appoints New Official Partner in Iraq
By John Lee. Tiraz Automotive and Service Group has been named as the official partner for Italy's Maserati in Iraq. The agreement was signed in Modena on 18 September. Maher Abdalla, Managing Director for Maserati in MEA, India and Turkey, welcomed Kambiz Fathibitaraf and the Tiraz team to the signing. Abdalla noted that Iraqi customers […]
Uber in Talks to Enter Iraqi Market
By John Lee. Uber is in discussions to enter the Iraqi market under its own brand. The company's Executive Director for the Middle East met with Transport Minister Wahab Salman Mohammed to explore the opportunity, discussing app-based transport services and knowledge exchange in the transport sector. The company's representative said that Iraq's improved security environment […]
IMF to Launch Programme Discussions with Iraq
By John Lee. The International Monetary Fund (IMF) is preparing to begin programme discussions with Iraq following a request from Iraqi authorities for financial and policy support. The IMF's Managing Director indicated at meetings in Bangkok that the Fund intends to support Iraq "very firmly". According to IMF Communications Director Julie Kozack, the programme is […]