Kirkuk-Baniyas Oil Pipeline Remains "Suspended"
By John Lee. The Undersecretary at Iraq's Ministry of Foreign Affairs has told state-run Iraqi News Agency that work to rehabilitate the Kirkuk-Baniyas oil pipeline remains suspended due to the security situation in Syria. He added that government is reviewing alternative export routes, including: Oil export link via Turkey Proposed connection through Jordan to Egypt […]
Iraqi e-Govt Collections Reach $642m
By John Lee. Rafidain Bank recorded more than IQD 841 billion (approximately USD 641.98 million) in electronic collection settlements on behalf of government entities during January 2026, reflecting continued expansion of digital payment systems. The bank said a total of 73,226 electronic settlements were processed the month, indicating growing adoption of digital collection services. It […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th February 2026. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,548.0 0.8% -0.3% USD-RSISX 2,505.3 0.8% -0.3% […]
Iraqi Dinar Speculation "Misplaced" -- CBI Boss
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's central bank rules out exchange rate change, backs customs reform Iraq's Central Bank Governor Ali al-Alaq said there are no plans to change the dinar's exchange rate, stressing that the bank's foreign reserves […]
Yolk Brands Expands into Iraq with 15 Restaurant Plan
By John Lee. Yolk Brands, the UAE-based hospitality group behind Pickl and BonBird, has reportedly announced its expansion into Iraq under a new agreement with Al Maysarah Holding. The agreement provides for the opening of five Pickl restaurants and ten BonBird outlets. The first locations are scheduled to open in Q2 2026 at Iraq Mall […]
Iraq "Moves to Curtail Customs Evasion"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Beleaguered by low oil prices, Iraq moves to curtail customs evasion A new scheme aimed at combating customs evasion has triggered nationwide protests and strikes in Iraq. Traders say the new regulations have […]
Iraqi Starts Export of Cooking Oil
By John Lee. The General Company for Food Products, part of Iraq's Ministry of Industry and Minerals, has begun exporting its products to neighbouring markets, starting with a shipment of cooking oil to Jordan. The company confirmed that the first shipment of 'Al-Bint' branded cooking oil, produced at the Imam Ali Al-Hadi plant in Maysan […]
What al-Maliki's PM bid tells us about Iraq
By Dr Renad Mansour for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Nouri al-Maliki's prime minister bid tells us about Iraq The surprise return of the controversial former leader has revealed that Iraq is still a US-Iran battleground. Click here […]
Iraq Sets New Mechanisms for Customs Value Calculation
By John Lee. Iraq's General Customs Authority has approved new mechanisms for calculating the customs value of imported goods. The mechanisms will be applied across all customs centres and include the following measures: Adoption of the customs value stated in duly declared commercial invoices submitted under the advance declaration system, supported by bank transfers, at […]
Iraq Improves Ranking in Corruption Perceptions Index
By John Lee. Transparency International has said that Iraq has improved its ranking and score in the global Corruption Perceptions Index (CPI) for 2025. From a total of 182 countries, Iraq came in at number 136, up 4 places on the previous year. And from a score of 16 in 2013, 2014 and 2015, Iraq […]
KRG Payments Move to Digital Platform
By John Lee. The Kurdistan Regional Government (KRG) has launched the e-Psule platform, a unified digital system for issuing government payment receipts, as part of efforts to modernise public financial services and reduce reliance on cash-based and paper processes. The platform has been officially approved by the Central Bank of Iraq (CBI) and is designed […]
Iraqi Cement Plants Report Higher 2025 Output
By John Lee. The General Company for Iraqi Cement, part of Iraq's Ministry of Industry and Minerals, has reported a notable increase in production across several of its plants during 2025. According to the company, the Babil Cement Plant recorded production growth of more than 13 percent compared with 2024, driven by higher output of […]