By James Drummond, 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. Iraq urgently needs to find ways of getting its oil to market Iraq is planning to triple crude oil export volumes via pipeline, according to the […]
By John Lee. Iraq has formally joined the Network of Corruption Prevention Authorities (NCPA), an international body that facilitates co-operation between anti-corruption agencies. According to the Federal Commission of Integrity, membership of the network will support the exchange of expertise and information with peer institutions, and help Iraq benefit from international best practices in corruption […]
From The Soufan Center. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's New Government Confronts Challenges on All Fronts The newly inaugurated Iraqi government of Prime Minister Ali al-Zaidi faces the same pressures as its predecessors did, stemming from Iranian-U.S. competition for influence […]
By John Lee. A study on the properties and applications of zinc oxide nanoparticles (ZnO NPs) has been published in a Scopus-listed international journal by researchers from Iraq's Ibn al-Baytar Research Centre, part of the Industrial Research and Development Board under the Ministry of Industry and Minerals, in collaboration with a number of Iraqi and […]
By John Lee. Four senior officials at the Diyala Electricity Distribution Directorate have been arrested and referred to the courts over the theft and embezzlement of electrical materials worth approximately IQD 1.7 billion (USD 1.34 million). According to the Federal Commission of Integrity, a team from its Diyala office, under the direct supervision of Commission […]
By Munqith Dagher, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Militias are Fracturing as Iran Turns from Theocracy to Juntocracy The Iranian regime under new Supreme Leader Mojtaba Khamenei is now functionally, even structurally, different from the […]
By John Lee. Iraq's daily petrol consumption reached approximately 35 million litres on Wednesday, surpassing all previous records, according to the Ministry of Oil's media and government communications office. The ministry said the shortfall between production and consumption has reached around 4 million litres per day. South Refineries Company (SRC) refineries are operating at full […]
By John Lee. The European Bank for Reconstruction and Development (EBRD) has revised its forecast for Iraq's real GDP growth downward, projecting a contraction of 1.5 per cent for 2026, down from a February estimate of 3.6% growth for the year. According to the EBRD's June forecast, the figures for Iraq are as follows: 2024 […]
By John Lee. An investigating judge at Iraq's Central Anti-Corruption Criminal Court has announced that preliminary investigations into a corruption case involving Adnan Muhammad Mahmoud, former deputy oil minister for refining affairs, have resulted in the seizure of significant assets linked to him and associates. The Supreme Judicial Council said the seizures include approximately 40 […]
By John Lee. Iraq's cabinet has approved a plan to significantly increase crude oil exports, including through a new route via Syrian Mediterranean ports, according to the Ministry of Oil. The cabinet, chaired by Prime Minister Ali al-Zaidi, endorsed recommendations from a meeting held on 20th May between the prime minister and senior Ministry of […]
By John Lee. Iraq's Communications and Media Commission (CMC) has cancelled its settlement contract with Korek Telecom and ordered a halt to all the company's operations, citing repeated failures to meet its contractual obligations. In a statement, the CMC said the decision was taken under clauses 12, 13, 15 and 16 of Article Five of […]
By John Lee. According to Iraq's Ministry of Trade, officials have met to discuss implementation of the trade memorandum of understanding (MoU) signed between Iraq and Germany on 26th February 2026. The meeting, held in Baghdad, brought together Sattar al-Jabiri, Undersecretary of the Ministry for Administrative Affairs; Sontka Hiren, director of the liaison offices of […]
