By John Lee. Iraq's Council of Representatives has approved three deputy prime ministers and eleven ministers, completing the cabinet of Prime Minister Ali al-Zaidi. The session, chaired by Speaker Haybat al-Halbousi and attended by 261 members of parliament, was held on Thursday evening. Al-Zaidi told parliament that his deputies would receive no salary, financial allowances, […]
By John Lee. Iraq has launched the executive phase of its "Watan Initiative" (Homeland Initiative) residential land programme in Nineveh province, allocating 110,000 residential plots as part of a broader national target of one million plots. Prime Minister Ali al-Zaidi announced the launch on Monday, stating that the government's aim is to ensure that no […]
By John Lee. Robert Pether, the Irish-resident Australian businessman detained in Iraq for more than five years, has been released and has returned to Ireland. Speaking at Dublin Airport, Pether said: "There will be time to talk about what happened. Why it happened. Who was responsible. And why nobody should ever be allowed to do […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Graft Crackdown Jails Lawmakers, but Can it Reach their Patrons? Iraq's sweeping anti-corruption campaign has put lawmakers and officials behind bars and returned more than 1B USD to state coffers. Whether it […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dinar Devaluation Fuels Showdown over Iraq's 2027 Budget A sharp devaluation of the Iraqi dinar has set off an intense and public fight over state finances... Lawmakers are now pressing Prime Minister Ali […]
By John Lee. Prime Minister Ali al-Zaidi has addressed parliament to explain the government's decision to change the exchange rate and outline steps to protect living standards and maintain regular payments of salaries and essential expenditure. According to the Prime Minister's Office, al-Zaidi met with parliament speaker Hibat Hamad al-Halbousi and the heads of parliamentary […]
By John Lee. Iraq has announced a package of economic stimulus measures totalling around IQD 3.5 trillion ($2.7bn), covering housing finance, industrial lending, contractor payments, agricultural dues, and an expanded generations fund. The measures were agreed at a meeting chaired by Prime Minister Ali al-Zaidi and attended by the Minister of Finance, the Governor of […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Qs & As Regarding Al-Zaidi Government' Views on Petroleum Issues Interest in the Iraqi petroleum sector has intensified lately, particularly from energy-focused Western media sources. In response to my articles and presentations […]
From Fitch Solutions / BMI. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Vehicle Sales Outlook Deteriorates Amid Conflict And Logistics Disruptions We maintain a bearish outlook for Iraq's automotive market in 2026, as the economic and security fallout from the US-Iran conflict […]
By John Lee. Iraq has declared full sovereignty following the complete withdrawal of international coalition forces from the country by land, air, and sea, with effect from 1 October 2026. In a statement, Prime Minister Ali al-Zaidi said the withdrawal marks the beginning of a new phase in which Iraq will operate as a fully […]
By Francesca Washtell, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran's Blind Eye Helps Iraqi Oil Exports to Bounce Back Iraq has restored its oil exports to 70 percent of pre-war volumes after it increased shuttling […]
By Valentina Pasquali, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Investors weigh Iraq Risk as US Troops Prepare to Leave Gulf companies are concerned about the impending US military withdrawal from Iraq and possible security repercussions, […]
