Tag Archives | featured

Silo Manufacturing Inspected in Switzerland

By John Lee. A delegation from the Ministry of Trade has visited the manufacturing facilities of Bühler Group in Switzerland to review progress on the five metal silos project. The visit focused on overseeing production stages and monitoring implementation of the electromechanical equipment and materials designated for the scheme. The delegation was headed by Dr […]

Production Halted at Three Kurdistan Oil Fields

By John Lee. Gulf Keystone Petroleum (GKP) has announced the temporary shut-in of production operations at the Shaikan field in the Kurdistan Region of Iraq, citing the developing regional security environment. The company said it has taken measures to protect staff and confirmed that its assets have not been impacted. Shares in GKP closed down […]

OPEC+ Agrees to Increase Oil Production

By John Lee. Iraq participated via video link in a meeting of OPEC+ countries to review global oil market conditions and the production outlook. The group agreed to modestly increase oil production starting April 2026, adding 206,000 barrels per day, as part of a gradual unwinding of earlier voluntary output cuts, citing stable economic conditions […]

Top 10 Dinar Articles from February

The following were the ten most read dinar-related articles on Iraq Business News for the month of February: Iraqi Dinar Speculation "Misplaced" -- CBI Boss Iraqi Dinar Falls Against Dollar 2026: The Year Iraqi Dinar Speculators Finally Strike Gold? Central Bank Advances Iraqi Banking Reform, Eases Foreign Transactions The Iraqi Dinar Revaluation Deception: 10 Persistent […]

Drone Shot Down Near Mosul Dam

By John Lee. Iraqi security forces have shot down a locally manufactured drone that was flying near Mosul Dam at 20:00 on Monday. According to a statement from the Joint Operations Command, the drone was intercepted and brought down without reported damage to the site. The command said security units continue to implement measures to […]

Iraqi Airspace to Remain Closed Until Wednesday Noon

By John Lee. Iraqi Civil Aviation Authority (ICAA) has extended the closure of Iraqi airspace to all arriving, departing and transit aircraft until 12:00 noon on Wednesday. The authority said the decision was taken as a temporary and precautionary measure, based on an ongoing assessment of the security situation and in light of regional developments […]

Zawraa to Supply 85,000 Water Filters to Midland Refineries

By John Lee. Al-Zawraa General Company, one of the companies under the Ministry of Industry and Minerals, has signed a contract with Midland Refineries Company (MRC), part of the Ministry of Oil, to supply 85,000 water filters. Director General Eng. Muhannad Jabbar Al-Khazraji said the contract forms part of the company's strategy to support the […]

Drone Attacks Target Military Sites in Southern Iraq

By John Lee. Iraqi air defences have intercepted and shot down nine drones targeting military sites in Dhi Qar and Basra provinces, according to updates from the Joint Operations Command. Four drones were downed after attempting to strike a military location inside Imam Ali Air Base in Dhi Qar province. Two were intercepted at 22:50, […]

Iraq Rejects Military Escalation After Attacks on Sites

By John Lee. The Iraqi government has reaffirmed its rejection of war and military escalation following attacks on Iraqi sites, during a security meeting chaired by Prime Minister Mohammed Shia Al-Sudani. The meeting, held at the Joint Operations Command headquarters, reviewed the security situation after several Iraqi locations were targeted, resulting in fatalities and injuries. […]

Air Strikes on Iraq Leave Two Dead, Three Injured

By John Lee. Air strikes targeted the Jurf Al-Nasr area, north of Babil province, at 11:50am on Saturday, resulting in two fatalities and three injuries. According to a statement from the Joint Operations Command, further details will be provided at a later stage. (Source: Joint Operations Command)

Security Chiefs "Re-Emerge as Top Contenders to Lead Iraq"

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: Security chiefs re-emerge as top contenders to lead Iraq An increasingly bitter contest for Iraq's premiership appears to be coming to a head. Amid a US veto, the candidacy of State […]