US Firm Wins $110m VSAT Contract in Iraq

By John Lee. The US State Department last month approved a possible Foreign Military Sale to Iraq of of Very Small Aperture Terminals (VSATs) and related equipment. The estimated total cost is... Read more »

In Gaza’s camps, laundry becomes a daily test of survival

2026-02-08T22:31:10+00:00 font Enable Reading Mode A- A A+ Shafaq News- Gaza Farah Abduljabbar never imagined that months after her wedding, her modern washing machine would vanish from her life, replaced by plastic... Read more »

Tabaqchali: Equity Market Discounts Regional Tensions

By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. “Equity Market Discounts Regional... Read more »

Families of fallen Iraqi soldiers urge swift changes to Compensation Law

2026-02-08T12:38:44+00:00 font Enable Reading Mode A- A A+ Shafaq News- Diyala/ Kirkuk/ Nineveh Delays in amending Iraq’s Law on Compensation for Victims of War Operations, Military Mistakes and Terrorist Operations (Law No.... Read more »

Explainer: Iraq’s updated customs tariffs, legal dispute, and market impact

2026-02-07T14:48:35+00:00 font Enable Reading Mode A- A A+ Shafaq News In early 2026, Iraq started enforcing sweeping changes to its customs and import regime under Cabinet Decision No. 957, approved in late... Read more »

How Iraq’s customs overhaul is reshaping trade and revenue dynamics

Shafaq News What began with cargo piling up at Iraq’s ports and border crossings is set to escalate into a nationwide confrontation on Sunday, February 8, as traders prepare to shut markets... Read more »

Riyadh, Damascus launch broad economic partnership after years of isolation

2026-02-07T17:15:38+00:00 font Enable Reading Mode A- A A+ Shafaq News- Damascus Saudi Arabia and Syria signed a sweeping package of strategic agreements on Saturday covering aviation, banking, digital infrastructure, water, transport, and... Read more »

Iraq’s budget paralysis: How the 1/12 rule reduced state finances to salary payments

Shafaq News For the second consecutive year, Iraq is operating under the so-called “1/12 financial management rule,” a stopgap mechanism that allows the government to spend only one-twelfth of the previous year’s... Read more »

US-Iran Muscat talks: A diplomatic opening shadowed by red lines

Shafaq News– Tehran/ Washington/ Muscat At a moment of heightened regional fragility, indirect talks between the United States and Iran in Muscat have reopened a long-dormant diplomatic channel, offering a limited but... Read more »

From Dollar to Dinar: Conversion policy threatens stability of Iraq’s oil sector

2026-02-06T07:39:11+00:00 font Enable Reading Mode A- A A+ Shafaq News The Iraqi Central Bank’s decision to process US dollar transfers owed to oil-sector contractors by converting them into Iraqi dinars has sparked... Read more »