By John Lee. Iraq's Ministry of Trade has held an expanded meeting with the International Trade Centre (ITC) to discuss cooperation on WTO accession and the preparation of a national trade and investment strategy. The Ministry was represented by Ghassan Al-Mohammadi, Under-Secretary for Economic Affairs, and Malik Khalaf Al-Durai'i, Director General of the Private Sector […]
By John Lee. Ramsis Engineering has opened a branch office in Basra, expanding its presence in Iraq's industrial and energy sectors. The Bahrain-based engineering firm said the new office will support clients and partners across manufacturing, maintenance, and specialised services. (Source: Ramsis Engineering)
By Yesar Al-Maleki, 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. Can Oil Deals Reset US-Iraqi Relations? As Iraq and the United States enter a new phase in their relationship, oil is assuming a more central role. During Prime […]
By John Lee. Iraq's President Nizar Amedi and Kurdistan Region President Nechirvan Barzani attended the Slemani Economic Summit for Investment and Development in Sulaymaniyah on Thursday. Kurdistan Regional Government Deputy Prime Minister Qubad Talabani also participated, along with officials, experts and business figures. President Amedi addressed the summit, stressing the importance of public-private partnerships in […]
By John Lee. Iraq's Ministry of Finance has held talks with a World Bank delegation on financial reform, automation projects, and the development of financial management tools. The delegation was led by Dalia Khalifa, Regional Director for the Middle East, and Emmanuel Salinas, World Bank Country Director for Iraq. Finance Minister Faleh Sari said the […]
From Financial Tribune. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Mehran Free Zone Bets on Joint Border Hub With Iraq The Mehran Free Zone is accelerating talks with Baghdad to create a joint commercial zone opposite Iraq's Zurbatiyah, a move officials say could […]
By John Lee. Irish-based Petrel Resources Plc (LON: PET) has published its unaudited interim statement for the six months ended 30 June 2026. Regarding prospects in Iraq, the company said: "Petrel cannot depend indefinitely on governments making decisions in Iraq ... "Petrel has been involved in Iraq since 1997. Over the years we have accumulated a […]
By John Lee. Iraq and Uzbekistan have held a virtual meeting to discuss a draft bilateral agreement on the regulation of road transport of passengers and goods. According to the Ministry of Transport, the session was convened by the General Company for Land Transport, in coordination with the Ministry of Foreign Affairs. Murtada al-Shahmani, director […]
By John Lee. Allo Beirut, a Lebanese restaurant brand, is planning to open a location in Baghdad. The announcement was made by Blackspoon, the brand's operator, which described the opening as part of a strategic partnership. No further details on the timeline or location have been provided. (Source: Allo Beirut)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 17th September 2026). Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,684.3 0.01% 4.99% USD-RSISX 10,791.5 6.72% 7.99% […]
By John Lee. A $25 million trade finance facility has been extended to Bank of Baghdad, one of Iraq's leading private-sector banks, under the European Bank for Reconstruction and Development (EBRD)'s Trade Facilitation Programme (TFP). According to the EBRD, the facility will support Bank of Baghdad in increasing its import and export transactions, expanding its […]
By John Lee. Iraq is considering replacing its current banknote series with a new issue, aiming to withdraw counterfeit, damaged and stolen notes from circulation and draw hoarded cash back into the banking system. According to 964 Media, discussions within the Central Bank of Iraq (CBI) and the parliamentary Finance Committee are focusing on a […]
