New Residential Towers for DAMAC Hills Baghdad
By John Lee. Dubai-based DAMAC International has announced the launch of Harir Residences, a new residential development within its DAMAC Hills Baghdad community, located near Baghdad International Airport. The project comprises two 12-storey towers with a total of 210 units across one-, two-, and three-bedroom apartments. According to a press release from the company, key features […]
Phase One of Nahr Bin Umar Accelerated Gas Project Opens
By John Lee. The first phase of the accelerated associated gas investment project at the Nahr Bin Umar Oil Field has been inaugurated, with the aim of boosting associated gas utilisation and supporting Iraq's energy supply. The project involves the laying of a 5-kilometre pipeline with a 20-inch diameter to connect the gas network. Its […]
Meet Ali al-Zaidi, Businessman and Iraq's New PM Designate
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Meet Ali al-Zaidi, businessman and Iraq's new prime minister-designate Legal sources familiar with the nominee told Al-Monitor that there are no US sanctions on Zaidi [Zaydi] or financial institutions […]
Beyond Hormuz: Iraq's 'Development Road' in Focus
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Beyond Hormuz: Can Iraq's 'Development Road' become a strategic corridor? The disruption of maritime flows through the Strait of Hormuz has underscored a structural vulnerability at the heart of the global economy. For […]
UK Firm Supplies Bird Deterrent System to Basra Airport
By John Lee. UK-based Bremesgraf has supplied an advanced bird deterrent system at Basra International Airport, as part of efforts to enhance aviation safety standards in line with modern airport operational requirements. The system was installed with support from the Basra local government and in coordination with the Ministry of Transport's Iraqi Airports Administration. According […]
Babil Cement Factory Increases Output
By John Lee. The Babil Cement Factory, operated by the General Company for Iraqi Cement (GCPI) under the Ministry of Industry and Minerals, has reported a significant increase in production of non-standard cement (oil well cement, grades B and G) in February of this year. Production reached 3,240 tonnes during February, a substantial rise compared […]
Iraqi Children Foundation (ICF): A Record Year of Impact
From the Iraqi Children Foundation (ICF). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A Record Year of Impact: ICF Releases 2025 Annual Report Iraqi Children Foundation (ICF) is proud to share the publication of its 2025 Annual Report, highlighting a year of continued […]
Tareeq al Majal to Distribute Geely Cars in Iraq
By John Lee. Tareeq Al Majal has signed a distribution agreement with China's Geely Auto, marking the brand's official return to Baghdad. The agreement was signed by Ali Jaffar, CEO of Tareeq Al Majal, and Tian Jinjun, General Manager of Geely International Middle East. Under the partnership, Tareeq Al Majal will introduce a new Geely […]
Businessman Nominated as New Iraqi PM
By John Lee. Ali Al-Zaidi [Al-Zaydi] has been tasked with forming a new government in Iraq, following a formal ceremony at Baghdad Palace. President Nizar Amedi made the designation, describing it as reflecting a commitment to the constitution in both letter and spirit. Speaking at the ceremony, he said: "The interests of Iraq stand above […]
Iraq Allocates $1.5bn for Basra-Haditha Pipeline Project
By John Lee. Iraq has formed a special committee to oversee the Basra-Haditha multi-directional oil pipeline project, following a meeting chaired by Prime Minister Mohammed Shia' Al-Sudani. The committee will be headed by the Under-Secretary of the Ministry of Oil and will include relevant advisers to the Prime Minister as well as directors-general from the […]
UK, Iraq Discuss Business Opportunities
By John Lee. A meeting took place at the Iraqi Embassy in London on 23rd April 2026 to explore prospects for joint cooperation in economic and commercial fields. The Iraqi side was represented by Counsellor Amer Abdulhussein Al-Fatlawi and Counsellor Atheer Abood Al-Saedy. The British side included Raoul Hodgson from the Iraq Department at the […]
New Digital Platform for Company Registration in Iraq
By John Lee. The Iraqi Ministry of Trade has launched an integrated electronic platform under its Companies Registration Directorate, aimed at streamlining the process of establishing and registering businesses in Iraq. Key features and developments include: Full automation of company registration and establishment procedures Significant reduction in bureaucratic processes, with transactions that previously took weeks […]