Tag Archives | Baghdad

The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News

New Classifications for 47 Iraqi Contracting Companies

By John Lee. Iraq's Ministry of Planning has completed 209 transactions to issue or renew contractor classification certificates, following the 142nd session of its Contractors Classification Committee. According to the Ministry of Planning, the session was chaired by the Ministry's Undersecretary for Administrative Affairs and Director General of the Legal Department, Dr. Hanaa Ismail Al-Asadi, […]

Ex-Tax Authority Director Jailed for Money Laundering

By John Lee. The Central Criminal Court for Anti-Corruption has sentenced the former Director General of the General Authority for Taxes to 10 years in prison on money laundering charges, with his wife receiving a sentence of five years and one month. According to the Federal Commission of Integrity, the verdict, issued in the presence […]

$14.5m Recovered in Iraqi Airways Corruption Case

By John Lee. An investigative court specialising in integrity cases in Baghdad's Rasafa district has recovered 19 billion Iraqi dinars ($14.5m) in connection with a financial corruption case at Iraqi Airways. According to the Supreme Judicial Council (SJC), the funds were recovered on Tuesday as part of an investigation into the manipulation of deposit records […]

Iraq Launches Landmark Asset Recovery Report

From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Launches Landmark Asset Recovery Report to Strengthen Accountability and Recover Public Funds The United Nations Development Programme (UNDP), in collaboration with the Supreme Judicial Council and with the […]

Iraq's Housing Deficit "to be Halved by 2030"

By John Lee. Iraq reportedly aims to reduce its housing deficit by up to 50% by 2030 under a new national housing policy. According to the state-run Iraqi News Agency (INA), the Ministry of Construction, Housing and Municipalities announced the National Housing Policy (2025-2030) on Friday, describing it as a comprehensive roadmap developed in cooperation […]

Kurdistan Trade "Topped $173 Billion in 7 Years"

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan trade topped $173 billion in seven years, customs revenue reached $6.8 billion The Kurdistan Region's border crossings handled more than 227 trillion Iraqi dinars (over $173 billion) in trade over the past seven […]

Baghdad Metro: IDF Requires Clarification before Project can Start

By Rula Wathiq, for Al-Sabaah. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A Roadmap for the Baghdad Metro Project The Iraq Development Fund (IDF) has identified 34 points that must be studied before the Baghdad Metro project is launched, stressing that these points […]

Baghdad "Hosting EU Energy Talks After Iraq Floats OPEC Exit"

By Michael Kern, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq […]

Chinese Carmaker Expands Baghdad Presence with New Showroom

By John Lee. SOUEAST has opened its first mall showroom in Baghdad, in a step the company says will strengthen its market presence, dealer network and customer service capabilities in Iraq. The showroom is located in Iraq Mall, described as the largest integrated commercial complex in Baghdad. Covering nearly 200 square metres, it features a […]

Electricity Generation in Iraq Reaches 22,000 MW

By John Lee. According to the Ministry of Electricity, current electricity generation has reached around 22,000 megawatts, with governorate allocations calculated based on net generation after accounting for exemptions including government hospitals, water stations, losses, loads and auxiliary equipment. The ministry said allocations are distributed according to approved percentages set by the Higher Coordination Committee […]

"Clock Ticking" on Iraq-Turkey Pipeline (ITP) Renewal

By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Clock Is Ticking Down To Iraq's Economic Disaster On 27 July OPEC's second-largest oil producer, Iraq, has less than two months before it loses the key means to export its […]