US sanctions on Russian oil firms unlikely to impact Iraq, analyst says

2025-10-25T13:02:43+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Fresh US sanctions on Russia’s oil giants Rosneft and Lukoil will have little to no effect on Iraq’s energy sector, oil analyst Hamza al-Jawahiri told Shafaq News on...

Saves $10B: Iraq unveils Basra refinery to end fuel imports

2025-10-25T11:18:42+00:00 font Enable Reading Mode A- A A+ Shafaq News – Basra (updated at 15:14) Prime Minister Mohammed Shia al-Sudani inaugurated on Saturday the new Fluid Catalytic Cracking (FCC) unit at the South Refineries Company in Basra....

The Western Union Company (NYSE:WU) Q3 2025 Earnings Call Transcript

The Western Union Company (NYSE:WU) Q3 2025 Earnings Call Transcript October 23, 2025 The Western Union Company beats earnings expectations. Reported EPS is $0.47, expectations were $0.43. Operator: Good day, and welcome to the Western Union Third...

Pakistan and Iran explore new blue economy initiatives with focus on connectivity and maritime trade

Pakistan and Iran have initiated discussions to enhance cooperation in the blue economy by improving road, railway, and maritime connectivity. The talks took place during a high-level meeting between Federal Minister for Maritime Affairs, Muhammad...

Trump taps businessman as new Iraq envoy as US pushes disarmament of Iran-backed militias

Beyond the ballot: How money and militias shape Iraqi politics

Two decades after the fall of Saddam Hussein, Iraq’s still-fragile political experiment stands at a critical juncture. The country is going to the polls on November 11, with a total of 7,768 candidates in the fray, including 2,248 women, for the...

Pakistan, Iran discuss strengthening blue economy through transport, maritime links

Pakistan and Iran have discussed exploring new avenues for cooperation in the blue economy by strengthening road, railway, and maritime connectivity between the two neighboring countries. The development came during a high-level meeting here on...

Iraq condemns Israeli annexation bills as international law violation

Iraq has issued a strong condemnation of Israel's advancement of legislation to annex the occupied West Bank, characterizing the parliamentary action as a clear breach of international legal standards. The Iraqi Foreign Ministry declared the...

Iraq–France Deal to Empower Film Industry Development

Dr Arif Al-Saadi, the Cultural Advisor to the Prime Minister of Iraq, has signed a Memorandum of Understanding with the French National Centre for Cinema and the Moving Image, in a bid to boost creative cooperation between the two nations. The...

Iraq: Israel's West Bank annexation bills ‘flagrant violation’ of intl. law

Iraq has denounced Israel's advancement of legislation to annex the occupied West Bank, saying the parliamentary approval constitutes a “flagrant violation of international law.” Israel’s Knesset on Wednesday gave preliminary approval to a bill...

Economic Experts React to CPI

Even though many legal experts and human rights advocates consider the attacks to be illegal acts of extrajudicial murder, Trump said during a law enforcement roundtable at the White House that he is going to soon expand the campaign to attack...

Iraq's North Oil: Kirkuk exports reach 250,000 bpd

2025-10-24T12:07:07+00:00 font Enable Reading Mode A- A A+ Shafaq News – Kirkuk Iraq’s North Oil Company can export 250,000 barrels of crude per day (bpd) from its current production of 325,000 bpd, sources told Shafaq News on Friday. The sources...

Iraq condemns Israeli West Bank annexation bills as ‘flagrant violation’ of international law

BAGHDAD / ISTANBUL Iraq on Friday condemned the Israeli Knesset’s preliminary approval of two bills to impose Israeli sovereignty over the occupied West Bank and the Ma’ale Adumim settlement east of Jerusalem, describing the move as a “flagrant...

FCC Project to End Iraq's Imports of High-Octane Petrol

By John Lee. Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani Al-Sawad has announced that the launch of the Fluid Catalytic Cracking (FCC) project at the South Refineries Company (SRC) in Basra will enable Iraq to...

Article 19 Warns of Iraq's Cooperation with Big Tech

From Article 19. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: Cooperation with Big Tech must not put freedom of expression at risk ARTICLE 19 is deeply concerned over the...

Iraq on Israeli Knesset approval of West Bank: a blatant violation of international law

2025-10-24T07:41:45+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Iraq’s Ministry of Foreign Affairs on Friday strongly condemned the Israeli Knesset’s approval of two draft laws seeking to impose Israeli sovereignty over the...

Switzerland explores sister-city partnership with Iraq’s Babylon

2025-10-24T19:10:10+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad On Friday, Swiss Foreign Minister Ignazio Cassis discussed potential sister-city partnerships between Swiss municipalities and Babylon with Iraqi Foreign Minister...

WFP Iraq Country Brief, September 2025

In Numbers 10,598 People assisted in September USD 279,193 cash-based transfers made In September USD 10.4 million for the next six months (October 2025 - March 2026) net funding requirements Operational Updates General Food Assistance WFP...

Latest Trump Sanction On Russian Oil Companies Gives Escape Route To India

By K Raveendran The market seems to have already done its arithmetic on the new US sanctions on two major Russian oil companies, Rosneft PJSC and Lukoil, gauging the immediate and medium-term consequences for energy supply lines stretching from...

Iraq Faces Elections at Delicate Moment in Middle East

Qassim Abdul Zahra Baghdad~ Iraq is weeks away from parliamentary elections that will set the country’s course during one of the Middle East’s most delicate moments in years. While the ceasefire in Gaza may have tamped down regional tensions,...