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 […]
Iraq-China Trade Gap Narrows
By John Lee. Iraq's trade surplus with China narrowed sharply in 2025, as imports from China rose while oil export revenues declined, according to data published by the Ministry of Trade. The figures, compiled by the ministry's Directorate of External Economic Relations, show that Iraqi imports from China rose by 7.5 percent to approximately $17.02 […]
KRG "Bans Cryptocurrency Trading"
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG Interior Ministry Bans Cryptocurrency Trading, Warns of Legal Action The Kurdistan Region's Ministry of Interior of the issued a directive on Sunday prohibiting citizens and commercial entities from engaging in digital currency transactions […]
Iraq Securities Comm 1st Govt Body to Adopt Electronic Signatures
By John Lee. The Iraq Securities Commission (ISC) has become the first government body in Iraq to complete registration in the national electronic signature certification system, marking a significant step in the country's digital transformation agenda. The commission's chairman stated that the move aligns with government efforts to develop public services and strengthen electronic governance, […]
Top 10 Dinar Articles from April
The following were the ten most read dinar-related articles on Iraq Business News for the month of April: "Deleting the Zeros": What Iraq Actually Said, and What It Means for Your Investment You Bought Iraqi Dinars. Now What? What a New Iraqi PM means for Your Dinars Donald Trump and the "Great Iraqi Dinar Revaluation" […]
Conscription Plans Ignite Debate in Iraq
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Parliamentary push to bring back conscription ignites debate in Iraq Iraq's parliament has completed its first reading of a bill that would reintroduce mandatory conscription for men. Backed by Parliament Speaker Haibat Al-Halbousi, […]
UAE Bans Nationals from Travelling to Iraq
By John Lee. The United Arab Emirates (UAE) has imposed a travel ban on its nationals travelling to Iran, Lebanon and Iraq, citing current regional developments. UAE nationals already in those countries have been urged to return home immediately. Full statement from UAE Ministry of Foreign Affairs: In light of current regional developments, the Ministry […]
Wealthy Entrepreneur to be Iraq's Youngest PM-Designate
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Shiite alliance taps wealthy entrepreneur as Iraq's youngest PM-designate Iraqi President Nizar Amedi has tasked 41-year-old businessman Ali Al-Zaidi with forming a government, making him the country's youngest prime minister-designate. The surprise choice […]
UNHCR IRAQ Monthly Update March 2026
From UNHCR: UNHCR IRAQ Monthly Update March 2026 As of the end of March 2026, Iraq generously hosts approximately 350,000 refugees and asylum-seekers, the majority (88%) of whom are Syrians. Close to 81% of this population resides in the Kurdistan Region of Iraq. While most refugees and asylumseekers live in urban and peri-urban settings, 26% […]