The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. Egypt's Edita Food Industries will direct part of its planned EGP 4-billion ($84 million) investment budget for next year toward expanding production in Iraq. Chairman and Managing Director Hani Berzi told Asharq Business that Edita's programme in Iraq includes installing a new production line at a factory the company bought recently, with operations scheduled […]
By John Lee. Iraqi insurance companies recorded written premiums of more than IQD 207.3 billion (approximately USD 159 million) during the third quarter of 2025, reflecting annual growth of over 75 percent, according to a report from the state-run Iraqi News Agency (INA), citing official data. It showed Iraqi Insurance Company leading the sector with […]
By John Lee. A meeting was held to review the use of smart solutions for managing renewable energy in Baghdad's districts and sub-districts, with a focus on solar power and smart meters. The discussion covered proposed investment mechanisms for renewable energy projects, target production levels, and the selection of suitable locations based on solar exposure. […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani opened the third phase of rehabilitation works at the Central Children's Hospital in Baghdad, after the facility was fully completed and restored to its full capacity of 400 beds. During the opening ceremony, he said the hospital is one of Baghdad's most important specialised medical facilities, noting […]
By John Lee. A new infant formula plant has begun construction in Baghdad, marking the launch of Iraq's first factory dedicated to producing baby milk and fortified nutrition products. The facility, the Mohannad Ali Abdullah Infant Formula Factory, is being built by the Qatari construction company Magnum and will manufacture infant formula for the Turkish […]
By John Lee. Shams Telecom has signed a memorandum of understanding with GlobalTek to cooperate on solar energy and related technology projects in Iraq. The agreement covers collaboration on clean energy solutions, with a focus on solar power, and on providing technology and infrastructure services for the telecommunications and energy sectors. The Baghdad-based companies said […]
By John Lee. Saudi carrier Flynas has announced the launch of a new direct service connecting Madinah (MED) and Baghdad (BGW), with flights commencing on 6 December. The route will operate twice weekly, providing improved travel options for pilgrims and other passengers moving between the two cities. The new service forms part of Flynas' regional […]
By John Lee. Iraq's National Investment Commission (NIC) has commenced the planting works for the Baghdad Sustainable Forests Project, marking a major environmental transformation aimed at converting the former Al-Rashid [Al-Rasheed] Camp area from a site of waste and pollution into a vast green, sustainable space - the largest urban afforestation project in the capital. […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has opened the new Al-Fadhiliya General Hospital in Baghdad on Thursday, a 246-bed medical facility that had been stalled since 2014. According to a press release from the Prime Minister's Media Office, the project, now completed eight months ahead of schedule, marks a major milestone in […]
By John Lee. Iraqi Airways has launched its first domestic flights between Baghdad International Airport (BIAP) and Mosul International Airport, starting on Thursday, 6 November 2025. Director General Manaf Abdul-Munim Ajil confirmed that all technical and administrative preparations have been completed to begin regular flights between Baghdad and Mosul, in coordination with the Iraqi Civil […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Wednesday oversaw the signing ceremony for awarding the redevelopment and expansion project of Baghdad International Airport (BIAP) to the winning consortium, CAAP, led by Corporación América Airports (Luxembourg, Argentina) in partnership with Iraq's Amwaj International. The International Finance Corporation (IFC) of the World Bank Group served […]
By John Lee. Greek Minister of Foreign Affairs George Gerapetritis met recently in Baghdad with Iraq's Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, where they discussed ways to enhance cooperation across a wide range of sectors including trade, investment, energy, academia, tourism, agriculture, construction, and water management. Minister Gerapetritis highlighted Iraq as […]
