Iraq Cabinet Moves Against Single-Use Plastic Bags
By John Lee. Iraq's Council of Ministers has approved a package of measures to reduce the use of plastic bags, to be implemented within six months of the decision. The measures include: A ban on the free distribution of plastic shopping bags A ban on their use in ovens (furnaces) A ban on their importation […]
Programmers and IT Professionals Central to Iraq's Digital Future
By John Lee. President Nizar Amedi has held talks with a delegation from the Syndicate of Iraqi Programmers. The delegation, led by Syndicate President Atheer Hamed Abdul Amir Al-Qaisi, met with President Amedi at Al-Salam Palace in Baghdad to congratulate him on assuming office and to discuss the future of Iraq's software and information technology […]
Blue Economy Investment Cmte Meets in Baghdad
By John Lee. The project committee for blue economy investments under the National Investment Commission (NIC) has convened in Baghdad, chaired by NIC Chairman Prof. Dr. Haider Mohammed Makiya and attended by representatives of relevant ministries and agencies. [According to the London School of Economics, the term 'blue economy' broadly relates to a sustainable ocean […]
UNOPS Allocates $6m in Housing Contracts in Sinjar
By John Lee. Ahla Al-Jinan Company has won a series of contracts with the United Nations Office for Project Services (UNOPS) for the "Construction of Category IV shelters (House Units) in Sinjar District, Ninewa Governorate." Reference: ITB/2026/61221. The company was awarded four of the six lots: Lot 1: 28 housing units- Adnaniyah Sub-District. Contract value: […]
Iraqi Oil Ministry Reports Big Fall in Oil Revenues
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for April 2026. Revenue of just over $1 billion was significantly down on pre-war levels, which were typically between $6-7 billion. Total exports of crude oil (including condensates): 9,884,130 barrels. Exports of Basra oil amounted to 4,587,610 barrels. Exports from the Kurdistan […]
Asiacell Signs Multi-Year Deal with Paris Saint-Germain
By John Lee. Asiacell, a member of Qatar's Ooredoo Group, has signed a multi-year strategic partnership with French football club Paris Saint-Germain (PSG). The agreement is described as the first time an Iraqi company has entered into a partnership of this scale with a global sports club. Under the agreement, Asiacell will serve as PSG's […]
Amentum to support Iraq's T-6A Aircraft Programme
By John Lee. US-based Amentum Services has been awarded a $11,519,840 contract for "T-6 sustainment and contractor logistics support." According to a statement from the US Department of War "This contract provides for 15 T-6A aircraft sustainment contract, including Supply Support, Field Service Representative, Labor and Engineering Task Assignments for a 90-day transition period and […]
New Iraqi Govt Sets Out Economic and Reform Agenda
By John Lee. Iraq's new Prime Minister, Ali Faleh al-Zaidi, chaired the first regular session of the Council of Ministers on Saturday, issuing a series of directives to ministers that outline the government's policy priorities. According to the Prime Minister's media office, the session included ministerial briefings on the current state of their respective ministries […]
UNDP, Iraq Development Fund MoU on Strategic Investment
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. New UNDP Iraq Development Fund Partnership Advances Strategic Investment, Infrastructure, and Inclusive Growth in Iraq The Iraq Development Fund and the United Nations Development Programme (UNDP) in Iraq signed […]
Central Bank of Iraq in Talks with Electronic Payment Providers
By John Lee. The Central Bank of Iraq (CBI) has held an expanded meeting in Baghdad with the managing directors of licensed electronic payment service providers operating in Iraq. The meeting was chaired by CBI Governor Ali Mohsen Al-Alaq. According to the Central Bank of Iraq, discussions covered: Technical, administrative, and regulatory challenges facing electronic […]
Iraq's Financial Stability Council Holds First Meeting
By John Lee. Iraq's Financial Stability Council has held its inaugural meeting, chaired by Prime Minister Ali Faleh al-Zaidi, with the Finance Minister and the Governor of the Central Bank of Iraq (CBI) in attendance. Al-Zaidi stressed the importance of achieving financial stability for its developmental and economic benefits, and called for close coordination between […]
Dana Gas "continues to Advance Chemchemal Development"
By John Lee. Dana Gas has reported a net profit of AED 270 million ($74 million) for Q1 2026, a 72% year-on-year increase. Regarding operation in the Kurdistan Region of Iraq (KRI), the company said: "Following the completion of the KM250 expansion, the Company successfully demonstrated enhanced system capacity, with gas production exceeding 700 MMscf/d […]