By John Lee. Iraq's Council of Ministers has amended Decision No. 1008 of 2024, which concerns the construction of the Basra-Haditha pipeline. According to a statement from the Prime Minister's Office, the amendment permits the General Company for Iron and Steel, part of the Ministry of Industry and Minerals, to adopt an external manufacturing route […]
By John Lee. President Nzar Amedi received a delegation from the parliamentary Investment and Development Committee at the Palace of Peace in Baghdad on Wednesday. According to the Media Department of the Iraqi Presidency, the meeting covered two main areas: Ways to improve Iraq's investment environment, with the President stressing the importance of supporting economic […]
By John Lee. Iraq's Council of Ministers has approved revised purchase prices for wheat and a procurement plan for high-grade seeds for the 2025-2026 agricultural season, according to an official government statement. The approved wheat purchase prices are as follows: IQD 700,000 per tonne (approximately USD 534) for quantities within the agricultural plan IQD 500,000 […]
By John Lee. The Iraqi Commission of Integrity has published statistics showing that its directorates and investigation offices conducted 181 operations across Iraq in February 2026, resulting in the apprehension of 168 suspects. The figures, broken down by governorate, are as follows: Kirkuk: 20 total operations, 9 apprehension operations, 9 suspects detained, 11 priority operations […]
By John Lee. The Ministry of Construction and Housing has reportedly announced a comprehensive plan to extend infrastructure services to districts and sub-districts across Iraq, including the development of "more than 21" (sic) residential cities in various governorates. Nabil al-Saffar, spokesman for the ministry, told the state-run Iraqi News Agency (INA) that the plan covers […]
By John Lee. A committee has been formed in Jordan to oversee and expedite transit trade, with a particular focus on goods destined for Iraq. According to Jordan's state-run Petra news agency, the committee will submit operational reports every three days on the movement of goods from the Port of Aqaba to their final destinations, and […]
By John Lee. The General Directorate for Industrial Development (GDID), a division of the Ministry of Industry and Minerals, issued 124 provisional licences for new industrial projects in March 2025. The licences covered multiple industrial sectors and were distributed across several governorates: Baghdad: 30 licences Basra: 18 licences Nineveh: 18 licences Anbar: 10 licences Kirkuk: […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Three Car Manufacturing Plants to Be Established in Kurdistan Region The Kurdistan Regional Government (KRG) is moving forward with plans to establish three automobile manufacturing projects in the region, in partnership with Chinese companies, […]
By John Lee. Iraq's trade surplus with China narrowed sharply in 2025, as imports from China rose while oil export revenues declined, according to data published by the Ministry of Trade. The figures, compiled by the ministry's Directorate of External Economic Relations, show that Iraqi imports from China rose by 7.5 percent to approximately $17.02 […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG Interior Ministry Bans Cryptocurrency Trading, Warns of Legal Action The Kurdistan Region's Ministry of Interior of the issued a directive on Sunday prohibiting citizens and commercial entities from engaging in digital currency transactions […]
By John Lee. The Iraq Securities Commission (ISC) has become the first government body in Iraq to complete registration in the national electronic signature certification system, marking a significant step in the country's digital transformation agenda. The commission's chairman stated that the move aligns with government efforts to develop public services and strengthen electronic governance, […]
By John Lee. The United Arab Emirates (UAE) has imposed a travel ban on its nationals travelling to Iran, Lebanon and Iraq, citing current regional developments. UAE nationals already in those countries have been urged to return home immediately. Full statement from UAE Ministry of Foreign Affairs: In light of current regional developments, the Ministry […]
