Gas-Fired Power Plant Inaugurated at Fao Oil Depot
By John Lee. Iraq's Ministry of Oil has announced the inauguration of a gas-fired power generation plant at the Faw [Fao] oil depot, aimed at strengthening export capacity and supporting energy stability in the southern region. The project was launched under the direction of Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan […]
Iraq-Qatar Joint Committee to Meet in Doha
By John Lee. The National Investment Commission (NIC) has hosted the preparatory meeting for the eighth session of the Iraq-Qatar Joint Committee, ahead of formal talks scheduled to take place in Doha in March. The meeting was chaired by Engineer Salar Mohammed Amin, Vice Chairman of the Commission and Deputy Head of the Iraqi side […]
Iraq Container Terminal Throughput Up 28%
By John Lee. Gulftainer has reported a 28 percent increase in throughput and container handling at its Iraq Container Terminal (ICT) at the start of 2026 compared with the same period last year. The company attributed the growth to expanded carrier services, an enhanced product portfolio and improved operational performance, strengthening the terminal's role as a […]
$700m UAE-Iraq-Turkey Data Cable Planned
By John Lee. An Iraqi-Emirati consortium is reportedly planning a $700 million subsea and terrestrial data cable linking the United Arab Emirates to Turkey via Iraq. Branded WorldLink, the project comprises Tech 964 (T964), headed by Ali Elakabi [ALMCO, Amwaj International], Iraq-based DIL Technologies and UAE-based Breeze Investments. Click here to read the full article […]
IN2 Joins Iraq Britain Business Council
By John Lee. IN2, an international strategic communications and research agency, has joined the Iraq Britain Business Council (IBBC). The company said the move strengthens its engagement with Iraq's business and investment community, highlighting its operational presence in Erbil and Baghdad alongside offices in London and Dubai. Founded more than a decade ago, IN2 has […]
CBI Clarifies No Distinction Between US Dollar Notes
By John Lee. The Central Bank of Iraq (CBI) has issued guidance to licensed banks and non-bank financial institutions clarifying that no distinction should be made between old and new US dollar banknote series in exchange transactions. The Bank stressed the need to limit practices involving differential exchange rates between various US dollar print editions, […]
Nahrawan City Project Advances with 8,000 Housing Units
By John Lee. The National Investment Commission (NIC) has reviewed progress on the Nahrawan City project in Baghdad, a 2,500-dunum development comprising 8,000 fully serviced housing units. The infrastructure works are being implemented by Al-Asim Real Estate and Tourism Investment Company, covering utilities and essential services for the planned residential community. During a site visit, Commission […]
Baims Acquires MedMasters, Enters Iraqi Education Market
By John Lee. Baims, a MENA-based education technology group, has acquired MedMasters, an Iraq-based online medical education platform, marking its second strategic acquisition and its entry into the Iraqi market. The transaction expands Baims' regional footprint and strengthens its position in digital higher education across the Middle East. Founded by Dr. Abdulazeez Salam and Dr. […]
T964 and Nokia Partner to Upgrade Iraq's Digital Infrastructure
By John Lee. T964 and Nokia have announced a partnership to modernise Iraq's telecommunications and digital infrastructure, with the agreement signed during Capacity Middle East. The collaboration will deploy advanced connectivity solutions aimed at strengthening the country's digital economy. Planned areas of cooperation include: Enterprise network deployment Data centre development International fibre transit optimisation Fibre-to-the-home […]
University Robotics and AI Championship Launched
By John Lee. Iraq's Ministry of Higher Education and Scientific Research has launched the National University Championship for Robotics and Artificial Intelligence Applications, with participation from public and private Iraqi universities. Dr Haider Abdul Dhahad, Deputy Minister for Scientific Research Affairs, said modern education environments depend on advanced tools and software that support knowledge production. […]
Iraq's Start-Ups Aren't Disrupting -- they're Rebuilding
From Wired. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Startups Aren't Disrupting. They're Rebuilding From Mosul's agritech experiments to Baghdad's digital health records, founders are stitching together the basic systems Iraq's economy has long been missing -- one clinic and farm at […]
EU Strengthens Support for Iraq's Community Reintegration
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. European Union strengthens support for Iraq's community reintegration efforts The European Union, through its Foreign Policy Instruments (FPI), is providing €8 million over an 18-month period to help Iraq […]