The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. Options for restarting the stalled Bismayah housing project were discussed at a meeting between the National Investment Commission (NIC) and the South Korean Ambassador to Iraq, Lee Joonie, on Sunday. According to the NIC, the meeting reviewed the current status of the project and examined options for settling outstanding financial dues, including […]
By John Lee. Loans for contractors on residential units at the Bismayah housing project are to be released through Rafidain Bank, following an emergency meeting between the National Investment Commission (NIC) and the Ministry of Finance. NIC Chairman Adel Dakhil Muhammad al-Yasiri met with Finance Ministry Undersecretary Dr. Ali Karim Hussein on Thursday to resolve […]
By Mohammed Al-Zubaidi, for Middle East Online. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Internet from the Sky: What Does Starlink Mean for Iraq? When someone connects to the internet in Baghdad, Basra or Erbil, it is natural to imagine that the […]
By Cathrin Schaer and Ismael Adnan, for Deutsche Welle (DW). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Due to the Iran War, Iraq is Running out of Money Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil […]
By Gavin Gibbon, 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. Fly Baghdad Plans Comeback after US Sanctions Lifted The target is to start operating before the end of the year, aiming for destinations in the GCC […]
By John Lee. Electronic applications for loans from the Iraqi Housing Fund are to open on 23 August for a four-day period, with each day allocated to a different group of governorates. Applications open at 10am on the day assigned to each governorate. According to the Ministry of Construction, Housing and Public Municipalities, the schedule […]
By John Lee. SwiftPayIQ, a technical intermediary platform developed and operated by Baghdad-based Palace Tech for Software Solutions LLC, has launched a service connecting Iraqi online merchants with licensed electronic payment gateways, providing streamlined merchant onboarding, electronic invoicing and payment links. Abdullah Al-Fayyadh, CEO of Palace Tech, told Iraq Business News that merchant verification, compliance […]
From Türkiye Today. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Türkiye, Iraq Discuss 24-Hour Work to Finish Development Road Railway in 3 Years Iraq has proposed completing the Development Road railway project within three years by working around the clock. Click here to […]
By John Lee. Iraq has announced that executive procedures for its one-million-residential-plot initiative will begin on 1 September 2026, with provincial governors directed to finalise land identification and complete the necessary legal and administrative steps. According to the Prime Minister's Office (PMO), Prime Minister Ali al-Zaidi chaired the fourth session of the Supreme Coordination Council […]
By John Lee. Progress on the Bismayah housing project and outstanding funding issues were discussed at a meeting between Iraq's National Investment Commission (NIC) and representatives of South Korea's Hanwha. NIC Chairman Adel Dakhil Muhammad al-Yasiri received Hanwha's project representative, Yong Jae Park, along with his delegation on Wednesday. Al-Yasiri stated that he was fully […]
By John Lee. The Baghdad-Basra passenger train service is to resume on Friday, 7 August, following a temporary suspension during the Arbaeen pilgrimage period and subsequent maintenance work. According to the Ministry of Transport, General Company for Iraqi Railways said the service was halted in the days following the Arbaeen commemoration to carry out maintenance […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Iraq could Learn from China's Rural Revival For decades, the prevailing wisdom across Iraq and much of the region has been that opportunity lies in the city. Villages steadily emptied as successive […]
