By John Lee. A Russian business mission has signed its first commercial agreements with Iraqi counterparts in the Kurdistan Region of Iraq (KRI), following meetings with the Kurdistan Importers and Exporters Union in Erbil. Branch heads from five provinces - Erbil, Sulaymaniyah, Dohuk, Kirkuk, and Halabja - took part in the expanded session. According to […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Finance Ministry Sets $100 at 150,000 Dinars in Budget Iraq has set $100 at 150,000 dinars for certain housing payments, but Kurdistan Region investors lack access to the same official-dollar mechanism. Click here […]
By John Lee. German airline Eurowings, a subsidiary of the Lufthansa Group, is to begin four direct weekly flights to Baghdad from December 2026, operating two services from Berlin and two from Düsseldorf. According to Iraq's Ministry of Transport, this will mark the first return of German passenger carriers to Iraq since the early 1980s. […]
By John Lee. Iraq's Ministry of Trade and German Liaison Office for Commerce & Industry in Iraq (AHK Iraq) are working to complete the legal registration of the German trade office in Baghdad. The administrative deputy minister of trade, Sattar al-Jabiri, met with AHK Iraq's representative Martin Hinkelmann and his accompanying delegation to discuss the […]
By John Lee. Lafarge Iraq has appointed Tarek Sharobime (pictured) as its new Chief Executive Officer, succeeding Medhat Ismail. The company said Ismail had contributed to progress in sustainability, innovation and circular construction during his tenure. French-based Lafarge is a part of the Swiss Holcim Group. (Source: Lafarge Iraq)
By John Lee. CRC Dorra has signed a construction contract with ORA Iraq (part of Egypt's ORA Developers) for Phase One of the Ali Al-Wardi Residential City (City of Roses / Madinat al-Ward) project in Iraq. The signing took place in the presence of Naguib Sawiris, Chairman of ORA, and Mohamed Dorra, Vice Chairman of […]
From Fitch Solutions / BMI. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Vehicle Sales Outlook Deteriorates Amid Conflict And Logistics Disruptions We maintain a bearish outlook for Iraq's automotive market in 2026, as the economic and security fallout from the US-Iran conflict […]
By John Lee. Nizar Nasser Hussein, Governor of the Central Bank of Iraq (CBI), has reportedly been elected Deputy Chair of the Council of Governors of Arab Central Banks and Monetary Institutions. According to the state-run Iraqi News Agency (INA), the position is described as the second-highest in the Arab world in the fields of […]
By John Lee. The United Nations Office for Project Services (UNOPS) has awarded a contract for the rehabilitation of 42 category III housing units in Sinjar District, Ninewa Governorate. The contract has been awarded to Alshiaar Company for Trading and General Contracting Ltd., with a value of $531,610. (Source: UNOPS)
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Iraq Caught in Middle as Trump Pursues 'Air Blockade' of Iran New US sanctions targeting more than two dozen Iranian airlines took effect on 23rd September, threatening any entity serving the […]
By John Lee. Iraq has declared full sovereignty following the complete withdrawal of international coalition forces from the country by land, air, and sea, with effect from 1 October 2026. In a statement, Prime Minister Ali al-Zaidi said the withdrawal marks the beginning of a new phase in which Iraq will operate as a fully […]
By John Lee. Iraqi Airways is preparing to resume flights to Iran in October, after a suspension that has been in place since March. The flights are expected to depart initially from Najaf International Airport, pending completion of the required regulatory and technical procedures. According to the Ministry of Transport, the airline has obtained a […]
