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Senior Iraqi Officers Held as $71M Hospital Contract Faces Scrutiny

Iraqi authorities have detained eight Defense Ministry employees over a costly Baghdad hospital rehabilitation contract. The Baghdad hospital contract investigation centers on a project...

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Business

Basra Expands US Energy Cooperation with New KBR Partnership

Basra has strengthened its international energy strategy by signing the Basra KBR agreement with one of the United States’ leading engineering companies. The new...

Stock

Iran’s Exports to Iraq Rise 17% Through Mehran Border Crossing

Trade between the neighboring countries continues to expand as Iran exports to Iraq recorded strong growth during the first quarter of the current Iranian...
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Hyundai Begins Gasoline Production Trial at Basra Refinery

South Korea’s Hyundai Engineering and Construction Company (Hyundai E&C) has started...

Lebanon Opens Trade and Investment Rapprochement with Iraq

Lebanon is taking new steps to build stronger economic...

Chinese Exports to Iraq Drop Sharply in April 2026

Trade between baghdad and Beijing recorded a sharp decline...

IMF Upgrades Iraq’s Economic Forecasts

The International Monetary Fund (IMF) revised its economic outlook...

Iraq Stock Exchange Activity Tops $119 Million in May Trading

Iraq Stock Exchange activity remained strong during May, despite...
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Economy

Senior Iraqi Officers Held as $71M Hospital Contract Faces Scrutiny

Iraqi authorities have detained eight Defense Ministry employees over...

Iraq Reports $63 Billion Economy in Final Quarter of 2025

Baghdad — Iraq’s economy reached 82.1 trillion dinars during...

Iraqi Courts Freeze Billions in Assets Tied to Oil Official Probe

Iraqi courts have frozen assets worth about 69 billion...