Qatar-Iraq Business Council Established
By John Lee. Qatar Chamber and the Federation of Iraqi Chambers of Commerce have signed a Memorandum of Understanding (MoU) to establish a Qatar-Iraq Joint Business Council. The signing took place on Wednesday at a bilateral business meeting in Doha, attended by senior figures from both chambers and prominent business leaders from each country. The […]
Iraqi Airways to Resume Direct Flights to Iran
By John Lee. Iraqi Airways is to resume direct flights to Iran from Thursday, according to the Ministry of Transport. The new schedule includes daily services between Najaf International Airport and the Iranian cities of Mashhad, Tehran, and Isfahan. (Source: Ministry of Transport)
Al-Salam and ZTE Sign Technology and Manufacturing MoU
By John Lee. A memorandum of understanding (MoU) has been signed between Al-Salam General Company and Chinese telecoms firm ZTE at the Iraq International Exhibition and Conference ITEX5-2026, covering technology cooperation and manufacturing transfer. The signing was held under the patronage of Communications Minister Mustafa Jabbar Sanad. (Source: Ministry of Communications)
Iraq and World Bank Discuss National Partnership Strategy
By John Lee. Iraq's Ministry of Planning has held talks with a World Bank delegation on a national partnership strategy for the next five years. The meeting was chaired by Dr. Maher Hammad Johan, the ministry's Under-Secretary for Technical Affairs, and attended by Dr. Othman Diyon, World Bank Vice President for the Middle East and […]
Iraqi Dinar Revalues
By John Lee. Iraq has raised its official exchange rate from 1,310 to 1,500 Iraqi dinars per US dollar. Iraq's Ministry of Finance confirmed the change today (Wednesday, 7th October), saying it follows a cabinet resolution (No. 544) issued on 6th October. The ministry also announced the suspension of Cabinet Resolution No. 413 of 2026, […]
1,120 TIR Transit Journeys Cross Iraq in September
By John Lee. Iraq completed 1,120 cross-border freight trips under the TIR transit system in September, with cargo moving from Turkey and Europe towards Gulf states and Jordan. According to the Ministry of Transport, the journeys were carried out by the General Company for Land Transport, a subsidiary of the ministry, and operated under formal […]
Iraq and UN Launch Sustainable Development Cooperation Framework
By John Lee. The Sustainable Development Cooperation Framework for Iraq 2025-2029, a joint framework between the Iraqi government and the United Nations, was formally launched on Sunday at a ceremony held at the Ministry of Planning in Baghdad. The event was organised by the ministry's International Cooperation Department, with representatives from government ministries, UN agencies, […]
Iraq-Huawei Data Centre Partnership
By John Lee. A memorandum of understanding (MoU) has been signed between the Informatics and Telecommunications Public Company (ITPC) and China's Huawei, for the establishment of data centres and the development of international partnerships to deliver high-quality services. The agreement was signed on the sidelines of the Iraq International Exhibition and Conference ITEX5-2026, under the […]
Iraqi Line to Resume Gulf Operations After 50-Year Halt
By John Lee. Iraq's national maritime carrier, Iraqi Line, is to resume commercial shipping operations in the Gulf after a halt of more than 50 years. The first sailing is scheduled to depart from Jebel Ali port in the United Arab Emirates, bound for Umm Qasr port, on 15th October. According to Iraq's Ministry of […]
Iraq Launches $2.7bn Economic Stimulus Package
By John Lee. Iraq has announced a package of economic stimulus measures totalling around IQD 3.5 trillion ($2.7bn), covering housing finance, industrial lending, contractor payments, agricultural dues, and an expanded generations fund. The measures were agreed at a meeting chaired by Prime Minister Ali al-Zaidi and attended by the Minister of Finance, the Governor of […]
Qs and As Regarding the Al-Zaidi Govt's Views on Petroleum Issues
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Qs & As Regarding Al-Zaidi Government' Views on Petroleum Issues Interest in the Iraqi petroleum sector has intensified lately, particularly from energy-focused Western media sources. In response to my articles and presentations […]
EU-Iraq Trade and WTO Accession Talks
By John Lee. Iraq's Minister of Trade, Mustafa Nizar Jumaa, has met with European Union Ambassador Clemens Smettner in Baghdad to discuss expanding trade and investment cooperation and advancing Iraq's bid to join the World Trade Organization (WTO). According to the Ministry of Trade, Jumaa called on the EU to continue supporting Iraq's WTO accession […]