By John Lee. Iraq's Ministry of Justice has announced successfully winning a lawsuit before the Judicial Court in Paris. The case was filed by the Gulf Falcon Company, which had sought arbitration and a claim of USD 49 million against the Iraqi government. According to the Director General of the Legal Department at the Ministry, […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has laid the foundation stone the Maysan Intravenous Solutions and Pharmaceuticals Plant -- Iraq's second such facility -- marking what his office describes as another milestone for the country's growing private pharmaceutical industry. Speaking at the ceremony in Maysan [Missan], the Prime Minister reaffirmed the government's confidence […]
By John Lee. India-based Apollo Hospitals has reportedly signed a strategic partnership agreement with Iraq's Ministry of Interior to assume management of the Internal Security Force Hospital. According to India Pharma Outlook, the collaboration aims to deliver advanced medical services and specialised care for Iraq's internal security personnel and their families. Dr. Prathap C. Reddy, Founder-Chairman […]
By John Lee. The Ninth Cabinet of the Kurdistan Regional Government (KRG) has announced that it has reinforced electricity infrastructure to achieve a continuous, 24-hour power supply across the region. The Ninth Cabinet has expanded power generation by 1,840 megawatts through new power stations, and completed more than 3,500 distribution and 61 transmission projects to […]
By John Lee. The Iraqi Deputy Foreign Minister for Bilateral Relations, Ambassador Mohammed Hussein Bahr Al-Uloom, held a round of political consultations in Vienna on Friday with the Secretary-General of the Austrian Ministry of Foreign Affairs, Nikolas Marschik. The talks covered bilateral, regional, and international issues of mutual concern. Ambassador Bahr Al-Uloom outlined Iraq's recent […]
By John Lee. As part of efforts to expand homeownership opportunities for citizens and activate national initiatives supporting middle- and low-income groups, the Prime Minister of Iraq has directed the relevant authorities to take the necessary steps to implement a proposal to simplify housing loan procedures for government employees. The proposal, jointly prepared by the […]
By John Lee. UAE-based Damac has launched "Damac Hills Baghdad", which it describes as a landmark luxury development set to redefine the real estate landscape of Baghdad. At its launch event, the company expressed its commitment to delivering exceptional real estate projects and setting new standards of excellence in Baghdad's property sector. (Source: Damac)
By John Lee. The Directorate of Industrial Development under Iraq's Ministry of Industry and Minerals has announced the issuance of 180 preliminary licences for new industrial projects during September, as part of its ongoing efforts to support the private sector and boost industrial activity across the provinces. Director General Dr. Ali Ibrahim Jinaan stated that […]
By John Lee. The inauguration of the Iraq-Italy Business Council (IIBC) this week marked a major milestone in strengthening economic relations between Iraq and Italy. The ceremony included the ribbon-cutting of the new IIBC headquarters in Baghdad. A launch event at Babylon Rotana brought together senior officials, business leaders, and diplomatic representatives from both countries. […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. "I Want to Make Iraq Great Again": Trump's New Slogan for Iraq and What It Means Savaya's "Make Iraq Great Again" echoes Trump's signature slogan, signaling a bold U.S. push to reshape Iraq's political […]
By John Lee. The Governor of the Central Bank of Iraq (CBI) and Chairman of the Iraqi Payments Council, Mr. Ali Mohsen Al-Allaq, chaired the regular meeting of the National Payments Council at the Bank's headquarters. The meeting was attended by Council members, including senior officials from the Central Bank, representatives of ministries and government […]
By John Lee. On Thursday, 23 October 2025, Deputy Prime Minister and Foreign Minister Fuad Hussein and his Swiss counterpart Ignazio Cassis officially inaugurated the Swiss Embassy in Baghdad, marking the reopening of Switzerland's diplomatic mission after a three-decade hiatus. The ceremony was attended by senior officials from the Iraqi Ministry of Foreign Affairs and […]
