BYD Officially Launches Operations in Iraq
By John Lee. Chinese car maker BYD has officially launched its operations in Iraq, marking its market entry alongside the debut of the BYD SHARK 6 (pictured). The company said eight new models are now available in the country, signalling a move towards green and intelligent mobility. The launch coincided with the opening of the BYD […]
US Congress Votes to Repeal Iraq War Authorisations
By John Lee. The US Congress has voted in both the House of Representatives and the Senate to repeal the 1991 and 2002 Authorisations for Use of Military Force against Iraq, as part of the National Defense Authorization Act for fiscal year 2026. The repeal is awaiting ratification by President Donald Trump. The Ministry of […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 18th Dec 2025. Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed on December 31, 2025, and January 1, 2026, due to the end-of-year closing operations. The last trading session of […]
CBI Issues Transport Tender for Mosul Branch Staff
By John Lee. The Central Bank of Iraq (CBI) has announced public tender No. 2025/4 for the provision of transport services for staff of its Mosul branch. The contract covers the operation of 18 vehicles on internal and external transport routes, both within and outside the governorate, in line with the bank's standard non-consultancy services […]
Iraq to Fast-Track Renewable Energy Projects at Provincial Level
By John Lee. The Ministerial Council for the Economy has approved new measures to accelerate the rollout of renewable energy projects as part of the government's "smart and rapid solutions" programme for the electricity distribution sector. Under the decisions, provincial governors have been granted authority to refer investment projects linked to approved technical models for […]
Iraq's Inflation Rate Drops Sharply
By John Lee. The Central Bank of Iraq (CBI) reported that Iraq's inflation rate fell to -0.8 percent in the third quarter of 2025, down from 3.5 percent in the same period of 2024. The bank noted that this decline reflects a reduction in overall price levels and an improvement in purchasing power for individuals […]
Gov't Considers Integrated Hub for Business Services in Baghdad
By John Lee. Iraq's government has set out a series of investment-focused measures aimed at reshaping the country's business environment, following a high-level meeting between the Prime Minister's Adviser for International Investments and the Minister of Trade. The meeting was attended by members of the Iraqi-French Business Council, along with senior officials from the Ministry […]
Transport Minister pushes Progress at Nasiriyah Int'l Airport
By John Lee. Iraq's Minister of Transport, Razzaq Muhaibis Al-Sadaawi, has directed contractors to accelerate work on Nasiriyah International Airport as the project enters its final stages. During a meeting at the General Company for Air Navigation Services, attended by representatives of China's CSCEC (China State Construction Engineering Corporation), the implementing contractor, and senior Iraqi […]
EBRD makes $100m Investment in Iraq
By John Lee. The European Bank for Reconstruction and Developmen (EBRD) has launched its first-ever investment in Iraq, providing a US$100 million trade finance facility to the National Bank of Iraq (NBI), the country's largest private bank. The facility, extended under the EBRD's Trade Facilitation Programme (TFP), will support Iraq's import and export activity by enabling […]
Baghdad Airport Welcomes First European Flight in 35 Years
By John Lee. Iraq's Ministry of Transport has announced the arrival of the first European aircraft at Baghdad International Airport (BIAP) in 35 years, marking a major milestone in the country's return to the European aviation network. The flight, operated by Aegean Airlines, Greece's national carrier, is running on the Baghdad-Athens-Baghdad route with two scheduled […]
Iraqi Central Bank Reduces Supply of Dinars
By John Lee. The Central Bank of Iraq (CBI) reported a 5.5 percent decline in currency issued during the third quarter of 2025, falling to 99,681 billion Iraqi dinars (approximately $76.1 billion) from 104,127 billion Iraqi dinars (approximately $79.5 billion) in the same period of 2024. The bank said that a reduction in currency in […]
Major Increase in Iraqi Gold Reserves
By John Lee. The Central Bank of Iraq (CBI) reported that the value of its gold reserves increased in the third quarter of 2025, rising to 27,552 billion Iraqi dinars (approximately $21.0 billion), up from 16,817 billion Iraqi dinars (approximately $12.8 billion) in the same quarter of 2024. This represents an increase of 64 percent. […]