Iraq Business Report
SEE OTHER BRANDS

Get your business and economy news from Iraq

Latest News

Read the latest news from regional and global sources, presenting different voices and perspectives.

World News | Tight Security in Iraq as Shiite Pilgrims Gather in Karbala for Ashoura Commemoration

World News | Tight Security in Iraq as Shiite Pilgrims Gather in Karbala for Ashoura Commemoration

Baghdad, Jul 6 (AP) Tens of thousands of pilgrims arrived in the Iraqi city of Karbala ahead of Ashoura, the holy day on which Shiite Muslims commemorate the martyrdom of Imam Hussein, grandson of the Prophet Muhammad. The annual pilgrimage is one...

ISIL financier red-flagged in T&T

ISIL financier red-flagged in T&T

A UGANDAN national identified as Abubakar Swalleh, with alleged terrorist ties to the Islamic State of Iraq and Levant (ISIL) or Al-Qaeda, has been red-flagged by the Financial Intelligence Unit of Trinidad and Tobago (FIUTT). The FIUTT has issued...

Jordan records trade surplus with 10 Arab countries

Jordan records trade surplus with 10 Arab countries

Ammon News - Jordan posted a trade surplus with ten Arab countries during the first third of 2025, driven by a notable increase in national exports and the continued expansion of regional trade partnerships, according to official trade data....

Iraqi MP: Turkiye using water as leverage in dam talks

Iraqi MP: Turkiye using water as leverage in dam talks

2025-07-05T21:08:28+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad/Ankara Iraq’s water crisis remains unresolved amid sharply reduced flows from Turkiye, with a parliamentary committee affirming that only new dam construction can...

Iraq's hidden workforce: The rise of waste picking

Iraq's hidden workforce: The rise of waste picking

2025-07-05T19:50:42+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad The informal profession of waste picking has become a critical lifeline for tens of thousands of young people and women across Iraq, according to Manar Al-Obaidi,...

From prestige to power: How luxury spending reflects the UAE’s economic strategy

From prestige to power: How luxury spending reflects the UAE’s economic strategy

Look closer, and a different picture emerges—one of calculated strategy, global positioning, and economic foresight. But how did luxury spending evolved in the Middle East? Well, the reason may lie in a simple answer: through oil, the country...

A Thirst for New Art is emerging in Iraq

By Melissa Gronlund for The Art Newspaper. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. As Iraq's economy shows signs of recovery, a thirst for new art is emerging A new...

US Sanctions Iraqi-British National for Smuggling Iranian Oil

By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions targeting networks involved in transporting and purchasing Iranian oil, including a group of companies led by Iraqi businessman...

Veterans of Mississippi National Guard unit look back on Iraq deployment 20 years later

Veterans of Mississippi National Guard unit look back on Iraq deployment 20 years later

A monument honoring the soldiers of the 155th Armored Brigade Combat Team who served during Operation Iraqi Freedom from January 2005 to January 2006 at Camp Shelby Joint Forces Training Center. (155th Armored Brigade Combat Team via Facebook)...

EXPOSED: The boat migrant fixers all over Britain making a mockery of Starmer's claim to be smashing the gangs - including one we found on TikTok plying his shameful trade from a west London restaurant

EXPOSED: The boat migrant fixers all over Britain making a mockery of Starmer's claim to be smashing the gangs - including one we found on TikTok plying his shameful trade from a west London restaurant

To the hordes of passers-by, the neatly coiffed man taking a call outside a smart Middle-Eastern restaurant looks like any other proprietor taking care of business during a busy evening shift. Even the well-heeled clientele inside the...

Iraq’s oil exports to India drop 4% in early 2025

Iraq’s oil exports to India drop 4% in early 2025

2025-07-05T15:44:22+00:00 font Enable Reading Mode A- A A+ Shafaq News - Baghdad/New Delhi Iraq’s crude oil shipments to India averaged 860,000 barrels per day (bpd) in the first half of 2025, down 4% from 900,000 bpd during the same period last...

Iraqi provinces showcase distinctive Ashura rituals

Iraqi provinces showcase distinctive Ashura rituals

2025-07-05T15:19:55+00:00 font Enable Reading Mode A- A A+ Shafaq News – Karbala/Babil Communities across Iraq continue to uphold distinctive rituals blending faith and cultural tradition as millions of pilgrims converge on Karbala to observe the...

World Associated Press Tight security in Iraq as Shiite pilgrims gather in Karbala for Ashoura commemoration

World Associated Press Tight security in Iraq as Shiite pilgrims gather in Karbala for Ashoura commemoration

BAGHDAD (AP) — Tens of thousands of pilgrims arrived in the Iraqi city of Karbala on Saturday ahead of Ashoura, the holy day on which Shiite Muslims commemorate the martyrdom of Imam Hussein, grandson of the Prophet Muhammad. The annual pilgrimage...

Tight security in Iraq as Shiite pilgrims gather in Karbala for Ashoura commemoration

Tight security in Iraq as Shiite pilgrims gather in Karbala for Ashoura commemoration

BAGHDAD (AP) — Tens of thousands of pilgrims arrived in the Iraqi city of Karbala on Saturday ahead of Ashoura, the holy day on which Shiite Muslims commemorate the martyrdom of Imam Hussein, grandson of the Prophet Muhammad. The annual pilgrimage...

US slaps new sanctions on Iran’s oil trade

US slaps new sanctions on Iran’s oil trade

The US imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil and on a Hezbollah-controlled financial institution, the Treasury Department said. A network of companies run by Iraqi-British national Salim...

UN Envoy: Iraq’s neutrality pave way for progress

UN Envoy: Iraq’s neutrality pave way for progress

2025-07-05T13:45:08+00:00 font Enable Reading Mode A- A A+ Shafaq News - Karbala Iraq’s neutrality in recent regional conflicts has positioned it for greater foreign investment and economic recovery, the United Nations’ top official in the country...

Iraq-Lebanon Oil Link to be Revived?

By Dana Taib Menmy for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is the revival of the Iraq-Lebanon oil link just a pipe dream? The proposal has been raised...

Iraqi Drilling Company completes 113 Oil Wells in H1 2025

By John Lee. The Iraqi Drilling Company (IDC) has announced the completion of drilling and rehabilitation operations on 113 oil wells during the first half of 2025. The company's teams successfully drilled 27 new wells and rehabilitated 86...

Syria pledges fair Euphrates water allocation to Iraq

Syria pledges fair Euphrates water allocation to Iraq

2025-07-05T10:18:55+00:00 font Enable Reading Mode A- A A+ Shafaq News - Baghdad/Damascus Syria will continue delivering Iraq’s agreed share of the Euphrates River under existing treaties, a top Syrian water official said on Saturday, as both...

Iraq's construction sector eyes growth amid challenges

Iraq's construction sector eyes growth amid challenges

The economic output of the construction industry in Iraq is projected to grow by 5.2% in real terms in 2025, driven by significant public and private sector investments in transportation, renewable energy, and tourism, according to a recent report...

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service