By John Lee. Dana Gas has reported a net profit of AED 270 million ($74 million) for Q1 2026, a 72% year-on-year increase. Regarding operation in the Kurdistan Region of Iraq (KRI), the company said: "Following the completion of the KM250 expansion, the Company successfully demonstrated enhanced system capacity, with gas production exceeding 700 MMscf/d […]
By John Lee. The United Arab Emirates (UAE) has imposed a travel ban on its nationals travelling to Iran, Lebanon and Iraq, citing current regional developments. UAE nationals already in those countries have been urged to return home immediately. Full statement from UAE Ministry of Foreign Affairs: In light of current regional developments, the Ministry […]
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 General Company for Land Transport (GCLT) has marked one year since the launch of the International Road Transport (TIR) system in Iraq, which came into operation in April 2025. According to the company's director-general, Mortada Karim Al-Shahmani, approximately 2,000 transit operations have been completed across Iraqi territory during the first year. […]
By John Lee. The Iraqi Ministry of Transport has reported continued arrivals of cargo vessels at Iraqi ports during March, reflecting ongoing maritime trade activity despite regional tensions. According to the ministry, maritime agencies of the State Company for Maritime Transport (SCMT) have continued to provide services to incoming vessels, while cargo handling operations are […]
By John Lee. MoneyHash has announced a partnership with Wayl to support international and regional businesses expanding into Iraq's payments and e-commerce market. Under the agreement, MoneyHash will extend its payment orchestration services into Iraq by integrating Wayl's local payment infrastructure, enabling merchants to navigate domestic payment requirements and operational frameworks. Through the partnership, merchants […]
By John Lee. State Company for Automotive and Equipment Industry, one of the companies of the Ministry of Industry and Minerals, has signed a partnership contract with Iraqi and Emirati firms to establish an integrated industrial system for the assembly, production and marketing of various types of vehicles. The agreement covers the production of: Buses […]
By John Lee. An Iraqi-Emirati consortium is reportedly planning a $700 million subsea and terrestrial data cable linking the United Arab Emirates to Turkey via Iraq. Branded WorldLink, the project comprises Tech 964 (T964), headed by Ali Elakabi [ALMCO, Amwaj International], Iraq-based DIL Technologies and UAE-based Breeze Investments. Click here to read the full article […]
By John Lee. Yolk Brands, the UAE-based hospitality group behind Pickl and BonBird, has reportedly announced its expansion into Iraq under a new agreement with Al Maysarah Holding. The agreement provides for the opening of five Pickl restaurants and ten BonBird outlets. The first locations are scheduled to open in Q2 2026 at Iraq Mall […]
Two Mega Venues, One Commercial Powerhouse: Gulfood 2026 Delivers Record Global Trade Impact Five days of deal-making, buyer engagement and market expansion positioned Gulfood 2026 as the world's most powerful food trade platform In January 2026, Dubai made global exhibition history as Gulfood, the world's largest annual food and beverage sourcing event, successfully delivered a […]
Day Four of Gulfood 2026 Defined by Major Deals and Government Endorsement Gulfood operated as a high-velocity trade floor, where global buyers and producers converted conversations directly into commercial agreements. Day 4 of Gulfood 2026 affirmed that real food system transformation is built on scale, policy and commerce, uniting global ministers, government institutions and market-shaping […]
Iraqi Logistics Takes the Global Stage: Almas Group to Exhibit at Breakbulk Middle East 2026 Almas Group International Transportation Co. Ltd., Iraq's leading logistics and freight forwarding company, is proud to announce its participation in Breakbulk Middle East 2026 in Dubai, marking a historic milestone as the first Iraqi freight forwarding company to exhibit at […]
