Integrity Commission Reports Achievements for 2025
By John Lee. Iraq's Commission of Integrity has reported preserving more than IQD 837 billion (USD 640 million) and USD 551 million during 2025 as part of its anti-corruption activities. In its annual report, the commission outlined a rise in investigative, legal, and preventive actions aimed at protecting public funds and preventing waste. Key enforcement and […]
UNDP Warns of Fiscal Pressures from Oil Export Disruptions
By John Lee. The United Nations Development Programme (UNDP) has warned that recent regional military escalation is creating economic and fiscal risks for Iraq, particularly through disruptions to trade, air transport, and oil revenues. According to the report, Iraq's early airspace closures disrupted air cargo routes, delaying shipments of high-value goods and reconstruction materials. This has […]
Holiday Declared as Iraq Wins Place in World Cup
By John Lee. The Iraqi soccer team has beaten Bolivia 2-1 to secure a place in this year's FIFA World Cup. Iraq's goals were scored by Ali Al-Hamadi and Aymen Hussein. Iraqi fans will now look forward to the World Cup, to be held in the United States, Mexico and Canada in June and July. […]
Top 10 Dinar Articles from March
The following were the ten most read dinar-related articles on Iraq Business News for the month of March: You Bought Iraqi Dinars. Now What? Is the Dinar Your Retirement Plan? Dinar-Dollar Exchange Rate: Iran War has Little Impact IQD in the Crossfire: What a Trump-Iran Conflict Could Mean for Iraq's Dinar 2026: The Year Iraqi […]
Oil Tanker Flows Resume Between Iraq and Syria
By John Lee. The Al-Waleed border crossing has been reopened on a trial basis for the transit of crude oil tankers between Iraq and Syria, according to local officials. Mujahid Mardhi Al-Dulaimi, Director of Al-Waleed district, told state-run Iraqi News Agency (INA) that operations began with the initial movement of tankers across the border, marking […]
Arrest Made Following Kidnapping of US Journalist
By John Lee. Al-Monitor has confirmed that the American journalist kidnapped in Baghdad on Tuesday was Shelly Kittleson, an Al-Monitor contributor. Ms Kittleson, a freelancer, has also reported for BBC World Service, Politico, Foreign Policy and others. A statement from Iraq's Ministry of Interior said that a foreign journalist has been kidnapped by unidentified individuals, […]
Bridge Rehabilitation and Expansion Project in Maysan
By John Lee. Ibn Majid General Company, a subsidiary of the Ministry of Industry and Minerals, has announced progress on a project to rehabilitate the old Republic Bridge and construct a new parallel bridge in Maysan [Missan] province. The development will connect the eastern and western banks of the Tigris River in the Awasha area […]
Iraqi Airspace to Remain Closed Until Friday Noon
By John Lee. The Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Friday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional […]
230 Industrial Licences Issued to Iraqi Private Sector Projects
By John Lee. General Directorate of Industrial Development (GDID), part of the Ministry of Industry and Minerals, has issued 230 establishment licences for new industrial projects in February, covering sectors including food, chemical, metal, construction, textile and engineering industries. According to Director General Ali Ibrahim Janaan, the licences were distributed across multiple provinces, with the […]
Maritime Traffic Continues at Iraqi Ports
By John Lee. The Iraqi Ministry of Transport has reported continued arrivals of cargo vessels at Iraqi ports during March, reflecting ongoing maritime trade activity despite regional tensions. According to the ministry, maritime agencies of the State Company for Maritime Transport (SCMT) have continued to provide services to incoming vessels, while cargo handling operations are […]
Iraq Warns Against Unlicensed Investment Firms
By John Lee. The Iraqi Securities Commission (ISC) has renewed its warning to the public against dealing with unlicensed companies falsely claiming links to the Iraq Stock Exchange or other official entities. The commission said such groups are contacting individuals via phone calls and social media platforms with the aim of financial fraud. It confirmed that […]
Iraq and US to Expand Joint Security Coordination
By John Lee. Iraq and the United States have agreed to establish a High Joint Coordination Committee to strengthen bilateral cooperation across security, political and economic areas. The decision was announced following the committee's first meeting on Thursday. Both sides agreed to intensify coordination to prevent terrorist attacks and ensure that Iraqi territory is not […]