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Iraq Business News

Diwaniya Local Government concluded a contract with Safy-il-Din Lebanese Company to erect a housing compound with a value of IQD 45 billion in the province.
Iran’s Communications and Information Technology Minister Mahmoud Vaezi held a meeting with visiting Iraqi Minister of Communications, Hassan Kadhim Al-Rashed in Tehran.
Reports revealed that the Egyptian and Iraqi governments have reached the proposal on the Iraqi debt to be canceled in exchange for shares of oil.
Several airlines suspended flights to Baghdad on Tuesday after a passenger plane arriving from the Mideast's busiest airport in Dubai came under fire as it landed in the Iraqi capital.
Iraqi forces have “liberated” Diyala province from the Islamic State of Iraq and Syria (ISIS) militant group, retaking all populated areas of the eastern region, a top army officer said on Monday.
Mohammed Qasim’s day starts early. Before even the neighborhood opens shop, his children are out the door and off to school.
Haidar Al Abadi, Prime Minister of Iraq, today made an urgent appeal to the international coalition to provide more arms, air strikes and military training to help his troops combat the “barbarians” of ISIS.
Iraqi businessmen positively evaluate the opportunities for investment cooperation with Belarus, President of the Iraqi Chambers of Commerce and Industry Jaafar Al-Hamdani told journalists on 23 January, BelTA has learned.
The bilateral relations between Iraq and Turkey clearly improved after the visit of Turkish Energy and Natural Resources Minister Taner Yildiz to Baghdad on Jan. 18, when new protocols and agreements were signed on oil, natural gas and electric energy.
The U.S. and Iraq have begun preparations for an assault by summer to retake Mosul, selecting and training military units and cutting supply lines to Islamic State militants who control Iraq’s second-largest city, the top American commander in the Middle East said.
An Iraqi delegation headed by the President Fuad Masoum has arrived to the Saudi capital, Riyadh to express condolences on death of Saudi Arabia King, Abdullah bin Abdul Aziz.
France confirmed its intention to send 20 military advisors to Baghdad in the coming few weeks in order to support Iraqi military unit of about 5000 men.
The president of Iraqi Kurdistan complained on Friday about being excluded from a meeting in London this week of the U.S.-led coalition against Islamic State, saying Kurdish fighters deserved more respect.
On last Thursday, Iraq’s ministry of housing and construction confirmed that accomplishing two large scale projects in Baghdad.
On last Thursday, Iraqi Prime Minister Haider al-Abadi said that he feared lower revenues from falling global oil prices could hurt his country's military campaign against Islamic State.
The President, Fuad Masoum, and the Prime Minister, Haider al-Abadi, congratulated the Iraqis on the winning of the Iraqi Football Team
France confirmed its intention to send 20 military advisors to Baghdad in the coming few weeks in order to support Iraqi military unit of about 5000 men.
During a meeting on Monday, Nişantaşı University Rector Kerem Alkin said that the central bank has maintained its own method of dealing with monetary policies over the past four years despite critical statements by several Cabinet ministers.
The United Kingdom’s Prime Minister David Cameron has put on hold a proposed plan to send hundreds of British soldiers to Iraq in the coming weeks to train the Iraqi Army, writes IHS Jane’s. The respected defense magazine is citing senior defense sources.
Salam Shakir scored the winner as Iraq claimed a place in the semi-finals of the AFC Asian Cup Australia 2015 after edging out arch-rivals Iran 7-6 on penalties following a sensational 3-3 draw at Canberra Stadium on Friday.
The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth.
Oil Minister, Adel Abdul-Mahdi said that Iraq's oil production will reach 4 million barrels a day this year after the recent agreement with Kurdistan.
A member of the parliamentary finance committee Massoud Haider ruled out existing political pressure inside the House of Representatives to block the adoption of the federal budget.
Turkish Energy Minister, Taner Yildiz arrived in Baghdad on last Sunday on head of a high ministerial delegation to attend meetings of the Iraqi-Turkish Joint Committee.
Kurdish forces launched an offensive against the Islamic State (IS) jihadist group, cutting a road linking two of the main areas it holds in north Iraq, officials said.
Oil prices should not fall below the current average of $47 a barrel, Iraq’s oil minster Adel Abdul Mahdi has stated.
Deputy Prime Minister Rose Noori Shawiz confirmed on Wednesday that Iraq has lost 50% of its financial revenues as a result of oil low prices.
The Oil Minister, Adel Abdul-Mahdi, announced the start of the Iraqi-Kuwaiti talks over exporting the natural gas.
A member of the parliamentary finance committee Massoud Haider ruled out existing political pressure inside the House of Representatives to block the adoption of the federal budget.
Oil Minister, Adel Abdul-Mahdi said that Iraq's oil production will reach 4 million barrels a day this year after the recent agreement with Kurdistan.
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