By John Lee. Iraq's National Investment Commission (NIC) has announced the postponement of the Iraq Investment Forum, which had been scheduled to take place on 14-15 June 2025. The announcement attributed the delay to "unforeseen organisational and technical reasons," but it is generally understood to be due to the rapid escalation of tensions in the […]
By John Lee. The Iraqi Cabinet has approved the recommendations of the committee tasked with reviewing and addressing issues related to locally produced and imported industrial oils, as part of broader efforts to strengthen the domestic manufacturing sector. Key decisions include: Formation of a committee chaired by the Deputy Minister of Oil, with members from […]
By John Lee. As part of efforts to protect domestic industry, the Iraqi Cabinet has approved the imposition of an additional 20% customs duty on imported aluminium cans used for carbonated beverages, juices, and energy drinks. This brings the total tariff to 50% per unit of measurement, applicable to imports from all countries and origins. […]
By John Lee. Ahead of the upcoming Iraq Investment Forum scheduled for Saturday, the Iraqi Cabinet has approved a set of legal and procedural mechanisms governing the presentation and awarding of investment opportunities. The Council of Ministers issued the following decisions: Adoption of competitive evaluation criteria in cases where multiple companies apply for the same […]
By John Lee. The Iraqi Ministry of Transport has confirmed the suspension of all air traffic and the temporary closure of Iraqi airspace until further notice, citing regional security tensions and the need to safeguard civil aviation. According to a statement from the Ministry's Media Office, the General Company for Air Navigation Services began a […]
By John Lee. The Government of Iraq has issued a strong condemnation of what it described as military aggression by Israel against the Islamic Republic of Iran, calling the act a clear violation of international law and the United Nations Charter. A statement from Government Spokesman Basim Alawadi urged the international community to go beyond […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting on Wednesday to review the legal framework governing the Development Road Project and its associated initiatives. The Prime Minister received a detailed briefing from the project team on legal and technical requirements, including construction standards and operational procedures. He emphasised the need to urgently […]
By John Lee. Hussein Afshin, Assistant to the Iranian President for Scientific and Technical Affairs and the Knowledge Economy, has reportedly proposed establishing a joint Iran-Iraq artificial intelligence (AI) centre on one of Iran's islands. Speaking during a meeting in Tehran with Ali Razzouqi, Deputy Head of the Office of the Iraqi Prime Minister, Afshin […]
By John Lee. Baghdad-based advertising firm 4 Corners Creative Agency has announced that it has been acquired in full by Al-Mathar Group, marking what it describes as, "a strategic step aimed at supporting the agency's growth and strengthening its position in both the local and regional markets." 4 Corners was founded in 2016 by Ameer […]
By John Lee. The Iraqi Army Aviation Command has begun equipping newly-delivered French-made Caracal helicopters at Martyr Brigadier General Mohammed Alaa Air Base. According to a statement from the Ministry of Defense, this initiative is part of a broader plan to strengthen the operational capabilities of Iraq's Army Aviation. The Caracal helicopters are equipped for […]
By John Lee. The Iraqi Securities Commission (ISC) has announced new efforts to enhance the attractiveness of the Iraq Stock Exchange (ISX), focusing on corporate governance and expanding the base of listed companies. State-run Iraqi News Agency (INA) quotes ISC board member Wadhah al-Taha as saying that the launch of a corporate governance guide marks […]
By John Lee. Iraq's Minister of Labour and Social Affairs, Mr Ahmed Al-Asadi, has confirmed his country's readiness to provide all possible facilitation for Lebanese workers in Iraq, provided that they comply with legal procedures designed to ensure their rights and protection. The remarks were made during a meeting with Lebanon's Minister of Labour, Dr […]
