Iraq · Country watch
Iraq Customs Revenue Rises, Telecom Faces Subscriber Loss
Iraq's customs revenue increased by 32% year-on-year, while Infiniti Mobile lost 45% of its subscribers amid regulatory issues.
The picture Stable
Business conditions in Iraq remain stable with a notable increase in customs revenue and challenges in the telecom sector. Improved customs processes benefit trade, while Infiniti Mobile's subscriber loss highlights regulatory impacts.
In this briefing Infiniti Mobile · IM Telecom · Federal Communications Commission · Ali al-Zaidi · Patrick Pouyanné · Andy O'Brien · TotalEnergies · ConocoPhillips · Nahr Bin Umar oil field · General Customs Authority (Iraq)
Regulation
Nothing significant reported today.
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Infiniti Mobile Loses 45% of Lifeline Subscribers
Infiniti Mobile, operated by IM Telecom, lost 45% of its Lifeline subscribers in the past month, according to a report by Wave7 Research cited by Iraqi Media Network. The decline follows enforcement action by the FCC against Infiniti Mobile for compliance violations. This significant subscriber loss impacts the company's position as the second-largest Lifeline provider.
Impact Telecom operators and subscribers face disruptions as Infiniti Mobile loses 45% of its Lifeline users.
Sources: Iraqi Media Network ↗
TotalEnergies and ConocoPhillips Meet Iraqi PM
Prime Minister Ali al-Zaidi met with the CEOs of TotalEnergies and ConocoPhillips to discuss investments in the Nahr Bin Umar oil field in Basra province, as reported by Iraq Business News. The discussions focused on oil and associated gas projects, highlighting Iraq's ongoing efforts to attract foreign investment in its energy sector.
Impact Energy investors and operators in Iraq monitor potential developments in the Nahr Bin Umar oil field.
Sources: Iraq Business News ↗
Markets
Nothing significant reported today.
Trade
Iraq Customs Revenue up 32% Year-on-Year
Iraq's General Customs Authority reported a 32% increase in customs revenues for September 2026, reaching IQD 442.3 billion (USD 293 million), up from IQD 334.2 billion (USD 221 million) in the same month of 2025, according to Iraq Business News. The authority attributed the rise to improvements in customs processes and enforcement measures. This increase reflects a strengthening of trade operations and revenue collection in the country.
Impact Importers and logistics firms benefit from improved customs processes, with a 32% revenue increase in September.
Sources: Iraq Business News ↗
Politics
Nothing significant reported today.
Also today in Iraq
- Oil Prices Fall as Russian Diesel Supply Prospects Offset Gulf Risks — PUKmedia Kurdish
- Cable One urges judge to unblock Mega Broadband deal — Iraqi Media Network
- Goldman Sachs profits jump as CEO says no plans to exit — Iraqi News
- Mapping Global Impunity — Lvin Press Kurdish
- Taiwan Finance Minister to Attend APEC Meeting in Hong Kong — PUKmedia Kurdish
- Tom Barrack meets Iraqi PM in Baghdad as bilateral ties enter new phase — Iraqi News
- Saudi Arabia faces economic contraction as war woes mount — Iraqi News
- Linde supplies 20 explosion-proof forklifts to Iraq’s Ministry of Oil — Iraqi News
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
- Argentina: Gas Subsidy Cuts; Paraná River Floods; Inflation Rises
- Brazil: Lula's SME Credit Boost, New Consumer Rules
- Canada: Ontario Drug Rule, TC Energy Deal, Alberta Vote
- China: HK Green Trading Pilot, Mainland Stocks Fall
- Colombia: Coal Exports Resume, Power Rationing Deadline Set
- Germany: IMF Boosts German Growth, Starlink Sabotage Arrests
- Egypt: Egypt's Trade Deficit Widens, Journalists Detained
- Spain: Madrid Metro Safety Risk, ID Finance Raises €545M
- France: IMF Lowers France Growth, Cyberattack Hits Supermarkets
- United Kingdom: Cyberattack Hits UK Fashion Brands, Scottish Economy Rebounds
- Indonesia: IHSG Declines, Minimum Wage Proposal, Forest Fires
- Israel: Ben-Gurion Bomb Threat, Israir Freezes Morocco Sales
- India: IMD Weather Alert, Delhi Protests Impact Business
- Iran: Iran-Azerbaijan Agreements, Dollar Declines
- Italy: New Road Code, Budget Delays, Cybersecurity Concerns
- Japan: Nikkei Plunge, Hokkaido Storm Warning, BOJ Rate Relief
- Kenya: Nairobi Water Shutdown, KRA Revenue Surge
- South Korea: KOSPI Plummets, LS Electric Secures US Deal
- Lebanon: Lebanon Seeks IMF Support, US Revives Framework Deal
- Morocco: Pharma Price Revisions, Treasury Deficit Drops
- Mexico: Senate Tightens Customs Law, Sheinbaum Offers Tax Incentives
- Malaysia: MyEG Investigation; Malaysia Airlines Cancels Flights
- Nigeria: US Blacklists Nigeria, Tinubu's Legislative Push
- Netherlands: Albert Heijn Cyberattack, Dutch Economy Growth Revised
- Poland: Senate Passes Internet Bill, RCB Alert Ends
- Portugal: Portugal Inflation Rises, Madeira Launches SMS Alerts
- Russia: Moscow Exchange Falls, IMF Oil Price Forecast
- Senegal: Senegal Water Disruptions, Flood Audit Ordered
- Syria: Fuel Arrivals in Baniyas, Currency Pressure Rises
- Turkey: IMF Revises Turkey's Growth, Kocaeli Traffic Ban
- Ukraine: Ukraine Delays Payments, Train Disruptions Persist
- United States: Six Flags Closes Rides, Measles Spurs Vaccinations
- Vietnam: Techcombank Boosts Capital, US Increases Vietnam Pepper Imports
- South Africa: Supplement Crackdown Risks R22bn Industry, Water Disruption