The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. A concrete plant in the Al-Fahamah area near Baghdad's Jazirat Baghdad district has been closed following a field inspection that found it was not meeting environmental standards. Environment Minister Sarwa Abdul-Wahid carried out the inspection in response to complaints from local residents. (Source: Ministry of Environment)
By John Lee. A second global satellite communications provider is in negotiations to obtain a licence to operate in Iraq, which would introduce direct competition to Starlink in the market. Baligh Abu Kalal (pictured), head of Iraq's Communications and Media Commission (CMC), told the Baghdad Dialogue Conference that around 40,000 Starlink devices were in use in […]
By John Lee. The Netherlands Embassy in Baghdad is to lead the first Dutch agri-food trade mission to federal Iraq in almost 15 years, visiting Baghdad and Kerbala from 28 to 30 October 2026. The mission will connect Dutch companies and knowledge institutes with Iraqi businesses, government officials, and other key players to explore trade, […]
By John Lee. Chinese oilfield services group Anton Oil reported a 16.2% decline in revenue from the Iraq market in the first half of 2026, with regional disruption cited as the primary cause. Revenue from Iraq fell to approximately RMB 1,212.4 million from RMB 1,447.2 million in the same period of 2025, representing 45.2% of […]
By John Lee. A direct air route between Baghdad and Vienna has been proposed following a meeting between Iraq's First Deputy Speaker of Parliament, Adnan Feihan al-Dulaimi, and Austria's newly appointed ambassador to Iraq, Axel Wech. The two sides agreed on the importance of opening the direct flight link and advancing legislation for an air […]
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 […]
