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 […]
By John Lee. A meeting was held last week between Iraqi government advisers and representatives of the French Veterinary Medicines and Diagnostics Industry Association (SIMV) to explore cooperation opportunities in Iraq's livestock and agricultural sectors, with a focus on the "Stray Dog Control Strategies" project adopted by the Iraqi Prime Minister's Office. The Iraqi delegation […]
By John Lee. The Iraqi Oil Exploration Company has completed a 2D seismic survey at the Qarnain block in Najaf province, finishing 31 days ahead of the scheduled timeline. The survey covered 2,850 kilometres and recorded 47,500 energy points, achieving a completion rate of 108 per cent. Work began on 10 October 2025 and concluded […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Has a New Prime Minister. Here's What It Means for Your Dinars (Spoiler: Not What the Forums Are Saying) After five months of political deadlock, Iraq finally has a prime minister-designate. Ali […]
By John Lee. The Kurdistan Investment Board has confirmed the formation of joint committees with the National Investment Commission (NIC) to develop cooperation in industrial sectors and support continued investment activity across Iraq. Mohammed Shukri, head of the Kurdistan Investment Board, told the state-run Iraqi News Agency (INA) that relations with the NIC are strong, […]
