By John Lee. Uber is in discussions to enter the Iraqi market under its own brand. The company's Executive Director for the Middle East met with Transport Minister Wahab Salman Mohammed to explore the opportunity, discussing app-based transport services and knowledge exchange in the transport sector. The company's representative said that Iraq's improved security environment […]
By John Lee. A memorandum of understanding (MoU) has been signed between Iraq's General Company for Carbon Economics (GCCE) and US-based Morgan Hughes Energy (MHE), aimed at developing projects to capture and utilise low-pressure associated gas currently being flared at oil production sites across Iraq. The agreement was signed under the patronage of Minister of […]
Iraq-US Business Council Launched in Baghdad Iraq-US Business Council Opens to Boost Investment Ties New Iraq-US Business Council Targets American Investment By John Lee. An Iraqi-American Business Council [U.S.-Iraq Business Council (USIBC)] has been launched in Baghdad, aimed at strengthening economic ties between the two countries and attracting American investment across key sectors. The opening […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US agrees to ship more dollars to Iraq, PM says The US has agreed to increase shipments of physical dollars to Iraq, prime minister Ali Al-Zaidi […]
By Gökçe Nur Ataman, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Courts US Oil Giants to Secure New Export Routes Chevron and ConocoPhillips are pursuing different paths into Iraq's oil sector, but the $60 billion in announced deals […]
By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Chevron Moves to Take Over Russia's Most Prized Iraqi Oil Field Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq's Oil Ministry, which underscored that […]
By John Lee. ExxonMobil and Basra Oil Company (BOC) have signed a memorandum of understanding (MoU) covering Phase 2 of a seawater injection project for southern Iraqi oil fields. The agreement was signed on Wednesday under the auspices of Minister of Oil Basim Muhammad Khudhair al-Abadi. The project will use seawater to support reservoir pressure […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Domestic Debt Surpasses 113 Trillion Dinars Domestic debt grew by nearly 23 trillion dinars in the first eight months of 2026, driven by Finance Ministry drawings on the Central Bank, while foreign currency […]
By Noam Raydan, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Energy Challenges Amid the Hormuz Crisis The recent rebound in crude exports is welcome but only partial, and officials have yet to find answers […]
By John Lee. The US Department of the Treasury has sanctioned Iraq-based International Development Bank for Investment and Finance (IDB) as part of an operation targeting Iran's international financial networks. According to the Treasury, IDB was designated under Executive Order 13902 for operating in the financial sector of the Iranian economy. The Treasury alleges that […]
By John Lee. A joint delegation from the US-Kurdistan Business Council (USKBC) and US-Syria Business Council (USSYBC), representing more than 30 US companies active in sectors including defence and security, energy, logistics, transportation and industry, has visited the Kurdistan Region of Iraq. According to the Kurdistan Regional Government, Prime Minister Masrour Barzani received the delegation […]
By Nick Davis, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why US pressure cannot disarm Iraq's militias The Trump administration's push to disarm Iraq's Iran-backed militias by 30 September has not been realized, not for lack of pressure, but because […]
