By John Lee. US-based Excelerate Energy has reported its financial results for the first quarter ended 31st March, 2026. Regarding its operations in Iraq, the company said: "In October 2025, Excelerate executed a definitive commercial agreement with a subsidiary of Iraq's Ministry of Electricity for the development of the country's first LNG import terminal. The […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraqi Kurdistan's new US consulate project strength or invite strikes? Amid much fanfare last December, Kurdistan Regional Government (KRG) officials inaugurated a new US consulate in the semi-autonomous region's capital Erbil. This […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Shiite alliance taps wealthy entrepreneur as Iraq's youngest PM-designate Iraqi President Nizar Amedi has tasked 41-year-old businessman Ali Al-Zaidi with forming a government, making him the country's youngest prime minister-designate. The surprise choice […]
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. The U.S. Justice Department has filed a civil forfeiture complaint seeking to seize a Beverly Hills mansion allegedly purchased with the proceeds from a scheme to defraud the Defense Logistics Agency (DLA). The complaint alleges that a defence contractor obtained more than $700 million from DLA for fuel deliveries to U.S. forces […]
By John Lee. American journalist Shelly Kittleson has expressed her gratitude to those who worked for her release, after she was taken hostage by an armed faction in Baghdad earlier this month. Ms Kittleson was released on 7th April. Full statement from Shelly Kittleson: I am and will always be incredibly grateful to those who […]
By John Lee. The Central Bank of Iraq (CBI) has confirmed that all requests for US dollars from banks and exchange companies have been fully met, covering pilgrims, travellers, and external transfers. The bank stated that authorised exchange companies permitted to sell dollars to travellers and pilgrims are listed on its official website, ensuring regulated […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. "Deleting the Zeros" -- What Iraq Actually Said, and What It Means for Your Investment Few phrases in the Iraqi dinar speculation world generate more excitement than "deleting the zeros." It surfaces in […]
By John Lee. Rewards for Justice (RFJ), the US Department of State's national security rewards program, has offered a reward of up to $10 million for information on the leader of Kata'ib Hizballah (KH), Ahmad al-Hamidawi. The Department of State designated al-Hamidawi as a Specially Designated Global Terrorist (SDGT) in 2020. Full statement from Rewards […]
By John Lee. According to a statement today (Wednesday) from Iraq's Ministry of Trade, the reopening of the Strait of Hormuz has led to a gradual recovery in maritime traffic, although activity remains below normal levels amid continued geopolitical uncertainty. It says early signs of improvement have been observed in trade flows, particularly in energy […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad's authority in question after US journalist's capture and release Seen by observers as an acute security failure, the abduction of Shelly Kittleson has also complicated already fraught relations between Iraq and the […]
By David Schenker 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 Is at Another Crossroads with Iran-Backed Militias -- and Washington Although U.S. officials should keep pushing Baghdad to move against these groups, the Iran […]
