Iraq "Offers Steep Oil Price Cuts" to Lure Buyers via Hormuz
From Baird Maritime. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Offers Steep Oil Price Cuts to Lure Buyers into Strait of Hormuz Iraq has offered term buyers May-loading Basrah crude at steep discounts for loading inside the Strait of Hormuz, which has […]
Iraq Revises Wheat Pricing for New Agricultural Season
By John Lee. Iraq's Council of Ministers has approved revised purchase prices for wheat and a procurement plan for high-grade seeds for the 2025-2026 agricultural season, according to an official government statement. The approved wheat purchase prices are as follows: IQD 700,000 per tonne (approximately USD 534) for quantities within the agricultural plan IQD 500,000 […]
Commission Reports 181 Anti-Corruption Ops in February
By John Lee. The Iraqi Commission of Integrity has published statistics showing that its directorates and investigation offices conducted 181 operations across Iraq in February 2026, resulting in the apprehension of 168 suspects. The figures, broken down by governorate, are as follows: Kirkuk: 20 total operations, 9 apprehension operations, 9 suspects detained, 11 priority operations […]
Iraqi Kurdistan's New US Consulate
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraqi Kurdistan's new US consulate project strength or invite strikes? Amid much fanfare last December, Kurdistan Regional Government (KRG) officials inaugurated a new US consulate in the semi-autonomous region's capital Erbil. This […]
Social Safety Net pilot launched in Iraqi Kurdistan
From UNICEF. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Launch of Inclusive Social Safety Net pilot in the Kurdistan Region of Iraq Under the leadership of the Ministry of Labour and Social Affairs of the Kurdistan Regional of Government, UNHCR, UNICEF and the […]
WFP Iraq Country Brief, April 2026
WFP Iraq Country Brief, April 2026 (Reporting Period: February and March 2026) In Numbers 45,241 people assisted in February 2026 (53.6% female) 14,779 people assisted in March 2026 (58.7% female) USD 5.3M required in the next six months (April - September 2026) Key Highlights Iraq continues to face severe climate impacts, including salinization, desertification, reduced […]
Iraq Planning 21 Residential Cities
By John Lee. The Ministry of Construction and Housing has reportedly announced a comprehensive plan to extend infrastructure services to districts and sub-districts across Iraq, including the development of "more than 21" (sic) residential cities in various governorates. Nabil al-Saffar, spokesman for the ministry, told the state-run Iraqi News Agency (INA) that the plan covers […]
New Committee to Oversee Jordan-Iraq Transit Trade
By John Lee. A committee has been formed in Jordan to oversee and expedite transit trade, with a particular focus on goods destined for Iraq. According to Jordan's state-run Petra news agency, the committee will submit operational reports every three days on the movement of goods from the Port of Aqaba to their final destinations, and […]
124 Industrial Licences Granted Across Iraq in March
By John Lee. The General Directorate for Industrial Development (GDID), a division of the Ministry of Industry and Minerals, issued 124 provisional licences for new industrial projects in March 2025. The licences covered multiple industrial sectors and were distributed across several governorates: Baghdad: 30 licences Basra: 18 licences Nineveh: 18 licences Anbar: 10 licences Kirkuk: […]
Three Car Manufacturing Plants for Kurdistan Region
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Three Car Manufacturing Plants to Be Established in Kurdistan Region The Kurdistan Regional Government (KRG) is moving forward with plans to establish three automobile manufacturing projects in the region, in partnership with Chinese companies, […]
OPEC+ Agrees Production Adjustment for June
By John Lee. Seven OPEC+ member countries have agreed to implement a production adjustment of 188,000 barrels per day (bpd) in June 2026, following a virtual meeting held on 3 May 2026. The seven countries involved are Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, all of which had previously announced additional voluntary adjustments […]
Iraq Falls in World Press Freedom Index
By John Lee. Iraq has fallen in the World Press Freedom Index for 2026, ranking 162nd out of 180 countries, down seven places on last year. The result puts Iraq behind countries such as Cuba and the United Arab Emirates (UAE), but ahead of Iran, Saudi Arabia and Turkiye. First place went to Norway, with […]