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, […]
By John Lee. Dubai-based DAMAC International has announced the launch of Harir Residences, a new residential development within its DAMAC Hills Baghdad community, located near Baghdad International Airport. The project comprises two 12-storey towers with a total of 210 units across one-, two-, and three-bedroom apartments. According to a press release from the company, key features […]
By John Lee. The first phase of the accelerated associated gas investment project at the Nahr Bin Umar Oil Field has been inaugurated, with the aim of boosting associated gas utilisation and supporting Iraq's energy supply. The project involves the laying of a 5-kilometre pipeline with a 20-inch diameter to connect the gas network. Its […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Meet Ali al-Zaidi, businessman and Iraq's new prime minister-designate Legal sources familiar with the nominee told Al-Monitor that there are no US sanctions on Zaidi [Zaydi] or financial institutions […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Beyond Hormuz: Can Iraq's 'Development Road' become a strategic corridor? The disruption of maritime flows through the Strait of Hormuz has underscored a structural vulnerability at the heart of the global economy. For […]
By John Lee. UK-based Bremesgraf has supplied an advanced bird deterrent system at Basra International Airport, as part of efforts to enhance aviation safety standards in line with modern airport operational requirements. The system was installed with support from the Basra local government and in coordination with the Ministry of Transport's Iraqi Airports Administration. According […]
By John Lee. The Babil Cement Factory, operated by the General Company for Iraqi Cement (GCPI) under the Ministry of Industry and Minerals, has reported a significant increase in production of non-standard cement (oil well cement, grades B and G) in February of this year. Production reached 3,240 tonnes during February, a substantial rise compared […]
From the Iraqi Children Foundation (ICF). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A Record Year of Impact: ICF Releases 2025 Annual Report Iraqi Children Foundation (ICF) is proud to share the publication of its 2025 Annual Report, highlighting a year of continued […]
By John Lee. Tareeq Al Majal has signed a distribution agreement with China's Geely Auto, marking the brand's official return to Baghdad. The agreement was signed by Ali Jaffar, CEO of Tareeq Al Majal, and Tian Jinjun, General Manager of Geely International Middle East. Under the partnership, Tareeq Al Majal will introduce a new Geely […]
By John Lee. Ali Al-Zaidi [Al-Zaydi] has been tasked with forming a new government in Iraq, following a formal ceremony at Baghdad Palace. President Nizar Amedi made the designation, describing it as reflecting a commitment to the constitution in both letter and spirit. Speaking at the ceremony, he said: "The interests of Iraq stand above […]
By John Lee. Iraq has formed a special committee to oversee the Basra-Haditha multi-directional oil pipeline project, following a meeting chaired by Prime Minister Mohammed Shia' Al-Sudani. The committee will be headed by the Under-Secretary of the Ministry of Oil and will include relevant advisers to the Prime Minister as well as directors-general from the […]
