ISC Focuses on Market Efficiency and Digital Services

By John Lee. The Iraq Securities Commission (ISC) is continuing to implement its regulatory and supervisory programmes in line with its strategic plans, with a focus on improving the investment environment and enhancing capital market efficiency. According to the ISC, efforts during the current week centred on monitoring financial disclosures and developing investor services in […]

Iraq-US Talks on Oil and Economic Partnership

By John Lee. Iraqi Prime Minister Ali al-Zaidi met US President Donald Trump at the White House on Tuesday to discuss bilateral economic cooperation, opportunities for American companies in Iraqi development projects, and the future of the Iraq-US relationship following the conclusion of the US military coalition presence in the country. According to the Iraqi […]

Iraq-ITC Talks on WTO Accession and Trade Support

By John Lee. A delegation from Iraq's Ministry of Trade has held meetings with officials from the International Trade Centre (ITC) in Geneva to discuss cooperation on trade support and Iraq's accession to the World Trade Organization (WTO). The Iraqi delegation was accompanied by the head of Iraq's Permanent Mission to the United Nations and […]

Chevron Meets Iraq's Oil Minister about Investment Opportunities

By John Lee. Iraq's Minister of Oil, Basim Muhammad Khudhair al-Abadi, has met with a delegation from US oil major Chevron to discuss expanding cooperation and investment in the oil and gas sector. According to the Ministry of Oil, the talks covered opportunities to support the ministry's plans to increase production, develop infrastructure, and leverage […]

IDC Completes Well ZB-679 at Zubair

By John Lee. Iraqi Drilling Company (IDC) has completed drilling of directional well ZB-679 at the Zubair oil field, on behalf of the Zubair Field Operating Authority. The well was drilled using rig IDC-56 to a depth of 3,846 metres at an inclination angle of 20 degrees. Mohammed Hantoush Asad Al-Azirgawi, Director General of IDC, […]

PM Meets Iraqi-American Business Community in Washington

By John Lee. Prime Minister Ali al-Zaidi has met with representatives of the Iraqi Christian diaspora and Iraqi-American business figures from Michigan at the start of his visit to Washington DC. According to the Prime Minister's Office, discussions covered the situation of the Iraqi diaspora community and prospects for increasing their participation in investment and […]

Central Bank Eases Rules on Cash Dollar Withdrawals

By John Lee. The Central Bank of Iraq (CBI) has reportedly ruled that banks may disburse customers' dollar-denominated deposits in cash, effective 15 July 2026. According to the state-run Iraqi News Agency (INA), a CBI circular sets out the following provisions: Banks may continue to open foreign-currency accounts for customers, with customers entitled to withdraw […]

Germany Funds Climate-Inclusive Urban Transition Project in Iraq

By John Lee. Iraq's Ministry of Planning has held talks with Germany's Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on a German government-funded grant project focused on climate-responsive and inclusive urban development, known as CITIES+. The meeting, chaired by Dr. Mohammed Mohsen Al-Sayed, Director General of the Regional and Local Development Directorate, reviewed the technical requirements […]