The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. An investment contract has been signed for the Budoor Baghdad Residential City in Baghdad. The agreement was concluded between the National Investment Commission (NIC) and Darb Al-Kurama General Contracting and Trading Company. The contract was signed on Thursday by NIC chairman Adel Dakhil Muhammad al-Yasiri and company representative Zaid Kamal Al-Asadi. The […]
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 […]
By John Lee. An investment contract has been signed for the Abraaj Al-Ameriya residential project in Baghdad, a development comprising 1,620 housing units in the Ameriya district, behind the American University of Baghdad. The project will be executed by Al-Ab'ad Al-Dhahabiya for Investment and Real Estate Development, a subsidiary of Al-Kamil Holding Group. According to […]
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. Three strategic high-voltage electricity substations are under development in Karbala, Najaf and Baghdad as part of Iraq's power transmission upgrade programme. Progress on the projects was reviewed at a meeting between the General Company for Electricity Transmission in the Middle Euphrates and Siemens, which is delivering the work under Phase Two of a […]
By John Lee. The Sustainable Development Cooperation Framework for Iraq 2025-2029, a joint framework between the Iraqi government and the United Nations, was formally launched on Sunday at a ceremony held at the Ministry of Planning in Baghdad. The event was organised by the ministry's International Cooperation Department, with representatives from government ministries, UN agencies, […]
By John Lee. Iraq's Minister of Trade, Mustafa Nizar Jumaa, has met with European Union Ambassador Clemens Smettner in Baghdad to discuss expanding trade and investment cooperation and advancing Iraq's bid to join the World Trade Organization (WTO). According to the Ministry of Trade, Jumaa called on the EU to continue supporting Iraq's WTO accession […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Finance Ministry Sets $100 at 150,000 Dinars in Budget Iraq has set $100 at 150,000 dinars for certain housing payments, but Kurdistan Region investors lack access to the same official-dollar mechanism. Click here […]
By John Lee. German airline Eurowings, a subsidiary of the Lufthansa Group, is to begin four direct weekly flights to Baghdad from December 2026, operating two services from Berlin and two from Düsseldorf. According to Iraq's Ministry of Transport, this will mark the first return of German passenger carriers to Iraq since the early 1980s. […]
By John Lee. Iraq's Ministry of Trade and German Liaison Office for Commerce & Industry in Iraq (AHK Iraq) are working to complete the legal registration of the German trade office in Baghdad. The administrative deputy minister of trade, Sattar al-Jabiri, met with AHK Iraq's representative Martin Hinkelmann and his accompanying delegation to discuss the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Iraq Caught in Middle as Trump Pursues 'Air Blockade' of Iran New US sanctions targeting more than two dozen Iranian airlines took effect on 23rd September, threatening any entity serving the […]
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, […]
