By John Lee. Iraq's Council of Ministers has approved a scheme to supply private generator owners with gas oil at a subsidised price of IQD 200 per litre (approximately $0.15), down from IQD 400 per litre ($0.31), for the next three months. Under the scheme, operators will receive 40 litres per month for each KVA […]
By John Lee. A co-operation and transport agreement has been signed between Iraqi Airways and the Iraqi Football Association (IFA) to support national teams during international competitions. The agreement was signed by Iraqi Airways Director General Manaf Abdul Moneim Ajil and Iraqi Football Association President Captain Adnan Darjal, under the auspices of Transport Minister Wahab […]
By John Lee. A number of new electronic forms have been added to the "Ur" government services portal, covering several of its internal departments. According to the Iraqi Cabinet, the new forms cover the following services: Survey on services provided by the Iraqi consulate (Department of Ceremonies) Assessment form for Iraq's competitiveness report on global […]
By John Lee. According to the Iraq Securities Commission (ISC), its board resolved the following at its fifth session, held on 12th May: The shares of Al-Qabas Insurance Company were approved for listing, deposit and trading on the Iraq Stock Exchange's non-listed companies platform (OTC). The shares of Al-Reebas Poultry and Feed Company were approved […]
By John Lee. The Governor of the Central Bank of Iraq (CBI) has explicitly dismissed any plan to adjust the official dinar foreign exchange rate. According to a report from Iraqi News, Ali Mohsen Al-Alaq confirmed that the current monetary policy remains committed to maintaining the official rate of 130,000 IQD per 100 USD. The Governor […]
By John Lee. According to the Iraq Securities Commission (ISC), the market capitalisation of shares listed on the Iraq Stock Exchange rose 22.2% year-on-year in the first quarter of 2026, reaching approximately IQD 26.9 trillion ($20.5 billion). The ISC's first quarterly report for 2026 also recorded trading value of approximately IQD 59.8 billion ($45.6 million), […]
By John Lee. The 11th edition of the Najaf International Trade and Industry Fair has opened in Najaf province, with participation from more than 250 local and foreign companies across commercial, industrial, and services sectors. According to the Ministry of Trade, the fair runs from 13th to 23rd May 2026, open daily from 4pm to […]
By John Lee. The Iraqi Embassy in London has held a virtual meeting with the Iraq Britain Business Council (IBBC) to discuss strengthening economic and investment relations between the two countries. Ambassador Dr Salih Husain Ali Al-Tamimi led the meeting, which covered a range of topics including: Recent political developments in Iraq, including the forthcoming […]
By John Lee. Zain Iraq has announced a strategic partnership with 1001, a digital streaming platform operating in Iraq, to provide eligible subscribers with access to entertainment and sports content at no extra cost. Under the agreement, Zain customers on bundles of IQD 25,000 (approximately USD 19) or more will receive 1001's "FADSHI" package, giving […]
By John Lee. Iraq's Ministry of Electricity has agreed steps with Turkish company BKPS to reactivate a powership currently docked at Umm Qasr. Electricity Minister Ali Saadawi Wahib met with representatives of BKPS, an affiliate of Karpowership, ahead of peak summer demand. Powerships are self-contained, multi-fuel enabled floating power plants. (Source: Ministry of Electricity)
By John Lee. According to the Iraqi Communications and Media Commission (CMC), Iraq has reaffirmed its commitment to building a modern digital infrastructure, rolling out 5G networks, and attracting investment to the telecoms sector. The statements were made by CMC Executive Director Baligh Abu Kalal at the Global Symposium for Regulators (GSR26), held in Ankara, […]
By John Lee. Iraq's Ministry of Planning has held a meeting of its Committee for the Simplification of Procedures and Government Services to review progress on institutional reforms and digital transformation initiatives. According to the Ministry of Planning's media office, the meeting was chaired by the Ministry's Undersecretary for Administrative Affairs, Dr. Hanaa Ismail Al-Asadi, […]
