Iraq Recovers Over $3m in Embezzled Funds
By John Lee. Iraq's Commission of Integrity has recovered more than $3 million in embezzled funds belonging to the Baghdad Municipality, following a favourable ruling by the Lebanese judiciary in support of the Iraqi government. The authority said the recovery was achieved through close coordination with the Iraqi Embassy in Beirut, leading to enforcement of […]
Iraqi-Korean Partnership Produces 360 Kia Field Vehicles
By John Lee. The State Company for Automotive Industry (SCAI), under the Ministry of Industry and Minerals, has completed production of the first batch of 360 single-cabin Kia field vehicles, assembled entirely by Iraqi hands in partnership with Kia Motors of South Korea. The company's Director General, Dana Saadallah Saeed, announced that the vehicles, model […]
Funding Facility for Stabilization - 2025 Quarter Three Report
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. Since January 2024, the Funding Facility for Stabilisation (FFS) project has been in a Transition Phase (2024-2026), consolidating nearly a decade of stabilisation gains across the five liberated governorates […]
Oil Ministry Reviews Progress at Gas Growth Integrated Project (GGIP)
By John Lee. The Ministry of Oil has reviewed progress on the Gas Growth Integrated Project (GGIP) in Basra during a site visit to the Artawi [Ratawi] oilfield. Undersecretary for Extraction Affairs Bassem Mohammed Khudair inspected key projects being implemented by TotalEnergies, in partnership with QatarEnergy and Basra Oil Company (BOC). The visit covered the […]
Egypt, Iraq Facilitate Cross-Border Road Transport
By John Lee. Iraq's Ministry of Transport has announced a series of measures agreed with Egypt to facilitate road transport of passengers and goods between the two countries. The decisions were reached during the first meeting of the joint technical committee, held in Cairo on 13-14 January 2026, as part of the implementation of the […]
Al-Zawraa signs Contract for New Hybrid Solar Power Plant
By John Lee. Al-Zawraa General Company, part of the Ministry of Industry and Minerals, has signed a new contract to supply, install and operate a hybrid solar power plant for the Arab Oil Training Institute. The project will have a capacity of 120 kW, supported by lithium battery storage with a capacity of 122 kWh, […]
Top 10 Dinar Articles from January
The following were the ten most read dinar-related articles on Iraq Business News for the month of January: 2026: The Year Iraqi Dinar Speculators Finally Strike Gold? Iraqi Dinar "Plummets Against Dollar" One Year of Trump: Iraqi Dinar Speculators Still Waiting Donald Trump and the "Great Iraqi Dinar Revaluation" The Iraqi Dinar Revaluation Deception: 10 […]
Sweden Commits $11m to Support Iraqi Refugees
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. Sweden Commit SEK 100 million to Support Safe Return and Reintegration of Iraqi Families from Al-Hol Camp As Iraq continues the complex process of returning its nationals from Northeast […]
Finance Minister Assumes Acting Role at Transport Ministry
By John Lee. Finance Minister Taif Sami Mohammed has assumed the duties of Minister of Transport on an acting basis, following a directive from Prime Minister Mohammed Shia al-Sudani. The move comes after the former Transport Minister, Razzaq Muhaibas al-Saadawi, was sworn in as a member of parliament. According to Article 49 of the Iraqi […]
Progress on Women's Economic Empowerment in Iraq
By John Lee. The General Secretariat of the Council of Ministers has held the first meeting of the committee supporting women's economic empowerment in the agricultural and environmental sectors. The committee was formed under Diwani Order No. 89 of 2025. The meeting took place at the General Secretariat of the Council of Ministers. The Deputy […]
CBI Caps Interest Rate for Solar Energy Financing Initiative
By John Lee. The Central Bank of Iraq (CBI) has reportedly set the interest rate for its solar energy financing initiative at no more than 2.5%, as part of efforts to encourage citizens and companies to invest in renewable energy. State-run Iraqi News Agency (INA) quotes Rafal Jameel, Director of Initiatives at the Central Bank, […]
Agri-Food Programme Highlights Pathways to Investment in Iraq
From UNESCO. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. EU-Funded Agri-food business development programme highlights progress and pathways to private sector investment in Iraq Partners of the European Union-funded Agri-food Business Development Programme (AfBDP) convened in Baghdad at a high-level event organized by […]