By John Lee. According to the Iraqi Civil Aviation Authority (ICAA), the opening of Mosul International Airport has been delayed due to several outstanding technical and operational requirements. The authority said it continues to monitor the project through regular field visits by technical teams and coordination with the Nineveh provincial administration and other relevant parties […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq forms committee to renew Kirkuk-Ceyhan oil pipeline agreement Iraq has established a high-level committee to prepare a new draft agreement on the Kirkuk-Ceyhan oil pipeline as the current deal expires in July. Salim […]
By John Lee. Real GDP in Iraq is expected to fall by 8.9 percent this year, according to the World Bank's latest Global Economic Prospects report. This represents a significant reduction on the previous forecast of 4.4 percent growth, issued one year ago. The report says: "The sharp slowdowns projected for Iraq, Kuwait, and Qatar will be […]
Iraq and US Reaffirm Strategic Partnership, Eye White House Meeting in July Iraq-US Joint Statement Outlines Energy, Security and Investment Goals Chevron, Starlink and Pipeline Rehabilitation Among Priorities in Iraq-US Joint Statement By John Lee. Prime Minister Ali al-Zaidi and Tom Barrack, Special Presidential Envoy of President Trump, have reaffirmed the commitment of both governments […]
By John Lee. According to the Ministry of Communications, Iraq's Communications Minister Mustafa Jabbar Sanad has chaired a video-conference meeting with Starlink to discuss the company's application for a licence to operate in Iraq. The Iraqi Communications and Media Commission (CMC) was represented at the meeting by its chairman, Baligh Abu Kalal. The minister said […]
By John Lee. Two economic meetings have taken place in Paris between a delegation of Iraqi companies and representatives of the French employers' association Mouvement des Enterprises de France (MEDEF) and the Organisation for Economic Co-operation and Development (OECD), aimed at strengthening trade and investment ties between Iraq's private sector and its French and international […]
By John Lee. Internet speeds for subscribers on fibre-to-the-home (FTTH) networks are to be increased by 20% at no additional cost, following an agreement reached between the ministry and private-sector operators. Communications Minister Mustafa Jabbar Sanad convened an expanded meeting with senior ministry staff, the General Company for Telecommunications and Informatics, and representatives of private-sector […]
By John Lee. According to the Ministry of Electricity, current electricity generation has reached around 22,000 megawatts, with governorate allocations calculated based on net generation after accounting for exemptions including government hospitals, water stations, losses, loads and auxiliary equipment. The ministry said allocations are distributed according to approved percentages set by the Higher Coordination Committee […]
By John Lee. The Ministry of Transport announced on Tuesday that international air traffic will resume transit operations through Iraqi airspace within 24 hours following high-level coordination meetings with regional and international aviation bodies. The ministry said the arrangements were coordinated with Saudi Arabia, Kuwait, Bahrain, the European Union and the International Air Transport Association […]
By John Lee. Iraq has prevailed in an international arbitration case brought by Orange against the Republic of Iraq and the Communications and Media Commission (CMC), with all of the company's claims dismissed by the International Center for Settlement of Investment Disputes (ICSID). The Ministry of Justice said the outcome was the result of sustained […]
By John Lee. S&P Global Ratings has affirmed its 'B-' long-term and 'B' short-term foreign- and local-currency sovereign credit ratings on Iraq. It added: "We removed the long-term ratings from CreditWatch, where we placed them with negative implications on March 17, 2026. The outlook on the long-term ratings is negative." More details, including economic stats, […]
By John Lee. Two major infrastructure projects have been cancelled by Prime Minister Ali al-Zaidi, according to the state-run Iraqi News Agency (INA). Al-Zaidi has ordered the cancellation of a railway project approved by the previous government, as well as the cancellation of a development project at Baghdad International Airport, which is said to have […]
