Lenovo ISG Server Distribution Deal for Iraq
By John Lee. India's Redington has been appointed as an authorised distributor for Lenovo Infrastructure Solutions Group (ISG) server products in Iraq, expanding access to enterprise infrastructure through its channel partner network in the country. Jeetendra Berry (pictured), President for GCC & Levant at Redington, said the partnership would help channel partners move beyond supplying technology […]
Fly Erbil Receives Iraqi Air Operator Certificate
By John Lee. Erbil-based Fly Erbil airline has been granted an Air Operator Certificate (AOC) by the Iraqi Civil Aviation Authority (ICAA), formally recognising it as an Iraqi national carrier. Captain Amjad Kazim, Deputy Head of the ICAA, received Fly Erbil's Chief Executive Lawand Mamundi to mark the certification. Mamundi expressed thanks to the ICAA […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 22nd October 2026). Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,510.6 -2.87% -1.80% USD-RSISX 2,143.8 -2.87% -14.72% […]
ExxonMobil and Basra Oil Company Sign Seawater MoU
By John Lee. ExxonMobil and Basra Oil Company (BOC) have signed a memorandum of understanding (MoU) covering Phase 2 of a seawater injection project for southern Iraqi oil fields. The agreement was signed on Wednesday under the auspices of Minister of Oil Basim Muhammad Khudhair al-Abadi. The project will use seawater to support reservoir pressure […]
New Russian Ambassador in Baghdad
By John Lee. Russia has appointed Timur Pechatkin as its new Ambassador to Iraq. According to Iraq's Ministry of Foreign Affairs, Foreign Minister Fuad Hussein received a copy of Pechatkin's credentials at the ministry's headquarters in Baghdad on Wednesday. Hussein welcomed the new ambassador and highlighted the bilateral ties between the two countries. The meeting […]
Zero Tariffs on Imported Solar Systems in Iraq
By John Lee. Iraq's Cabinet has approved the removal of customs duties on imported solar energy systems, in a move aimed at encouraging uptake of renewable energy and reducing the cost of purchasing solar equipment. According to the Ministry of Electricity, the decision followed a formal proposal submitted by Minister of Electricity Ali Saad Wahib […]
UK-Iraq Electricity Cooperation Talks
By John Lee. Iraq's Minister of Electricity, Ali Saad Wahib, has met with the UK Ambassador to Iraq, Irfan Siddiq, to discuss cooperation in the electricity sector. The meeting covered solar energy projects, smart metering systems, and improvements to electricity generation, transmission, and distribution infrastructure. The ambassador expressed the United Kingdom's readiness to support the […]
Iraq's Domestic Debt Surpasses $75bn
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Domestic Debt Surpasses 113 Trillion Dinars Domestic debt grew by nearly 23 trillion dinars in the first eight months of 2026, driven by Finance Ministry drawings on the Central Bank, while foreign currency […]
Iraqi-Czech Water Forum Explores Investment in Water Technology
By John Lee. A Czech-Iraqi water forum has been held in Baghdad under the theme "Czech Solutions for Iraq's Water," bringing together Iraqi officials and a delegation of Czech companies specialising in water management, wastewater treatment, desalination, and smart water technologies. According to the Ministry of Construction, Housing and Public Municipalities, the forum aimed to […]
Samarra Pharmaceuticals Resumes Production of LidoMax
By John Lee. The General Company for the Manufacture of Pharmaceuticals and Medical Supplies in Samarra has resumed production of Lidomax, a topical local anaesthetic, after a halt of more than four years. The company, which operates under the Ministry of Industry and Minerals, said the product has been returned to the local market. The […]
Iraq's Energy Challenges Amid the Hormuz Crisis
By Noam Raydan, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Energy Challenges Amid the Hormuz Crisis The recent rebound in crude exports is welcome but only partial, and officials have yet to find answers […]
Tanker Struck by Projectile off Southern Iraq
By John Lee. A tanker was reportedly struck by an unknown projectile approximately 30 nautical miles south-east of Al Faw, Iraq. According to the United Kingdom Maritime Trade Operations (UKMTO), the crew are safe and no damage or environmental impact has been reported. UKMTO issued Warning 180-26 on 20 October 2026, noting the report was […]