The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a special meeting on Monday to review progress on the Ali Al-Wardi New Residential City (Madinat al-Ward), planned for southeast Baghdad. The project, spanning 61 million square metres, will provide 120,000 housing units of various types. It is positioned as a key solution to Iraq's housing […]
By John Lee. The Second Karkh Investigation Court in Baghdad has recovered 2 billion Iraqi dinars [$1.5 million] in connection with a financial fraud case. According to the Supreme Judicial Council, the funds were retrieved from two companies that had illegally profited from discrepancies in the dollar exchange rate through fraudulent foreign transfer operations. The […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has inaugurated the Al-Nisour Square development project in Baghdad, part of the government's first package of traffic decongestion initiatives in the capital. The project was executed by China's Transtech Engineering Corporation, an independent legal entity of China Railway International Group, which in turn is described as […]
By John Lee. The Minister of Higher Education and Scientific Research, Dr. Naeem Al-Aboudi, has inaugurated two new colleges dedicated to artificial intelligence (AI) studies. At the University of Technology in Baghdad, he opened the new College of Artificial Intelligence Engineering, which includes specialised departments in intelligent control engineering, intelligent robotics, smart computing and cybersecurity, […]
From The Economist. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The World's Surprise Boomtown: Baghdad Iraq's population has grown by 20 million since America's invasion. Read the full article here (subscription needed).
By John Lee. The Ministry of Higher Education and Scientific Research has announced the launch of electronic applications for the College of Excellence and the College of Artificial Intelligence at the University of Baghdad for the 2025-2026 academic year. Applicants must be graduates of the 2024-2025 preparatory school year, born in 2001 or later, with […]
By John Lee. The National Investment Commission (NIC) held a workshop in Baghdad the week under the title "Security and Investment: Integration of Roles Towards an Attractive Capital Environment", in cooperation with the Security Media Cell (SMC). The event was attended by NIC Chairman Dr Haider Mohammed Makiyya, Security Media Cell Head Lt. Gen. Dr […]
By John Lee. Iraq's Minister of Industry and Minerals, Khalid Battal Al-Najm, has inaugurated five advanced medical projects at the Baghdad factory of Samarra Pharmaceutical Company. The initiative aims to enhance the production of vital medical supplies while encouraging private sector participation in the healthcare industry. Minister Al-Najm highlighted that the Baghdad factory produces a […]
By John Lee. International Development Bank (IDB) has announced the opening of Iraq's first smart banking branch, located at its headquarters on Abu Nuwas Street in Baghdad. According to a statement from the bank, the new facility provides customers with a fully digital banking experience, designed to be fast, secure, and integrated, and is available […]
Meta and Google Join Local Stakeholders at Iraq's First Internet Governance Forum Baghdad will host the country's first Internet Governance Forum (IGF) on 30-31 August, bringing together global and local voices to shape Iraq's digital future. Organized under the official United Nations IGF framework, the event marks a milestone in Iraq's engagement with international internet […]
By John Lee. The National Investment Commission (NIC) has granted the investment licence for the Baghdad Hills project, one of the largest residential, recreational, and commercial developments in the capital. Located in the Al-Rafeel area of Baghdad, the project will feature 6,333 apartments distributed across 50 towers of 19 floors each, alongside 2,300 standalone villas. […]
By John Lee. The Central Bank of Iraq (CBI) has announced details of its urban development initiatives for Baghdad's heritage areas, including a donation of more than 90 billion Iraqi dinars [$90 million] to revive Al-Rasheed Street, one of the capital's most famous cultural and tourist landmarks. Plans include the introduction of a tram line […]
