By John Lee. Iraqi Airways is to resume its full international and regional route network from the beginning of May, following a suspension caused by the regional conflict and the closure of Iraqi airspace. The Ministry of Transport announced that Iraqi Airways has already restored daily services to a number of destinations, operating one flight […]
By John Lee. Iraq's Ministry of Planning has held an expanded meeting to discuss the country's artificial intelligence strategy, focusing on the development of measurable and achievable objectives aligned with Iraq's capabilities and ambitions in the field. Key topics included: Refining the strategy's goals to meet Ministry of Planning standards Mechanisms for establishing a sovereign […]
By John Lee. A specialised cancer hospital, described as the first and largest of its kind in the Kurdistan Region and across Iraq, is under construction in Erbil. The facility will be built on 30,000 square metres and will include: Five floors 200 beds Advanced medical equipment to cover all patient needs on-site The project […]
By John Lee. The third phase of rehabilitation works on the Ramadi railway line has reached Hit train station, covering a distance of 60 kilometres. Works have included the rehabilitation and maintenance of tracks, bridges, and culverts. The Director-General of Iraqi Railways, Dr Maki Jabir Nasser, said that rehabilitation of the full main line through […]
By John Lee. The General Company for Land Transport (GCLT) has marked one year since the launch of the International Road Transport (TIR) system in Iraq, which came into operation in April 2025. According to the company's director-general, Mortada Karim Al-Shahmani, approximately 2,000 transit operations have been completed across Iraqi territory during the first year. […]
By John Lee. The U.S. Justice Department has filed a civil forfeiture complaint seeking to seize a Beverly Hills mansion allegedly purchased with the proceeds from a scheme to defraud the Defense Logistics Agency (DLA). The complaint alleges that a defence contractor obtained more than $700 million from DLA for fuel deliveries to U.S. forces […]
By John Lee. American journalist Shelly Kittleson has expressed her gratitude to those who worked for her release, after she was taken hostage by an armed faction in Baghdad earlier this month. Ms Kittleson was released on 7th April. Full statement from Shelly Kittleson: I am and will always be incredibly grateful to those who […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. "Deleting the Zeros" -- What Iraq Actually Said, and What It Means for Your Investment Few phrases in the Iraqi dinar speculation world generate more excitement than "deleting the zeros." It surfaces in […]
By John Lee. According to a statement today (Wednesday) from Iraq's Ministry of Trade, the reopening of the Strait of Hormuz has led to a gradual recovery in maritime traffic, although activity remains below normal levels amid continued geopolitical uncertainty. It says early signs of improvement have been observed in trade flows, particularly in energy […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. You Bought Iraqi Dinars. Now What? You made the purchase some time ago -- maybe a few years back, maybe longer. You heard the pitch: Iraq sits on some of the world's largest […]
By John Lee. Conflicting tracking data has raised uncertainty over the movements of the Omega Trader, an oil supertanker carrying Iraqi crude, amid ongoing disruption to shipping routes near the Strait of Hormuz. Ship-tracking data in recent days reportedly indicated the tanker had arrived near Mumbai, while its manager, Mitsui OSK Lines Ltd, said the […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Payroll Cliff: Why the Dinar Can't Be Your Retirement Plan For two decades, promoters of the Iraqi dinar as an investment have pointed to the country's oil wealth and whispered of an […]
