» Iraq Allocates Funding to Equip New Schools
09/01/25 20:00 from Iraq Business News
By John Lee. The Iraqi Cabinet has approved funding to furnish 1,000 model schools under the Iraq-China Framework Agreement, ensuring the project's progress. Key funding decisions include: Regional Petrodollars: Funds from the petrodolla...
» Iraq welcomes New Ambassadors of Kuwait, Japan, Armenia
09/01/25 20:00 from Iraq Business News
By John Lee. Iraqi President Abdul Latif Jamal Rashid has formally received the credentials of the newly appointed ambassadors of Kuwait, Japan and Armenia during a ceremony at Baghdad Palace. The ambassadors welcomed included: Hasan Moh...
» Iraq Stock Market Report
09/01/25 20:00 from Iraq Business News
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 9th January 2025). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX...
» Chinese Firm to build Iraq's First Waste-to-Energy Plant
08/01/25 20:28 from Iraq Business News
By John Lee. The Iraqi Cabinet has approved a high-efficiency waste-to-energy power plant project in Baghdad. The plant, employing advanced incineration technology, will be developed by China's Shanghai SUS Environment Co. Ltd. on a desi...
» Iraq Stock Market: Top Gainers and Losers for 2024
08/01/25 20:28 from Iraq Business News
Rabee Securities has published its 2024 Annual Bulletin for the Iraq Stock Exchange (ISX). Click here to download the full report. RSISX & RSISXTR Index Change Index Name Closings Change (m/m) (%) Change (y/y) (%) IQD-RSISX Index 2,...
» Iraq should Develop Shipbuilding Industry, says Shipping Exec
08/01/25 20:28 from Iraq Business News
A shipbuilding executive has highlighted the need for shipyard development in Iraq's Basra governorate. Speaking recently at TEDx Baghdad, Abdullah Shaban, Executive Manager and Shipbuilding Engineer at Al Zaman Group, emphasised that Ir...
» Iraq's Oil Products Distribution Co. reports 2024 Fuel Sales
08/01/25 20:28 from Iraq Business News
By John Lee. Iraq's Oil Products Distribution Company (OPDC) has announced its 2024 fuel sales figures, showcasing extensive distribution across Iraq via retail outlets, electronic POS systems, and direct supply to state institutions, pr...
» Khamenei "pushes for US Withdrawal from Iraq"
08/01/25 20:28 from Iraq Business News
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Khamenei pushes for US withdrawal from Iraq in meeting with Sudani Prime Minister Moha...
» Iraqi Stocks: What Next After Two Gangbuster Years?
07/01/25 20:53 from Iraq Business News
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. What Next After Two Gangbuster Years? The market, as measured by the ...
» Crescent Petroleum secures Iraq Gas Contract
07/01/25 20:53 from Iraq Business News
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Tuesday with representatives of UAE's Crescent Petroleum, attended by the Ministers of Oil and Electricity. The meeting discussed the government's plans to adva...
» iQ Networks and GBI sign Dark Fibre Framework Agreement
07/01/25 20:53 from Iraq Business News
By John Lee. On Tuesday (7th January), iQ Networks, a subsidiary of Sulaymaniya's iQ Group, signed Iraq's inaugural dark fibre IRU framework agreement with Qatar-based Gulf Bridge International (GBI) in Baghdad. According to a statement ...
» PPL receives $6m from Iraq's Midland Oil Company
07/01/25 20:53 from Iraq Business News
By John Lee. Pakistan Petroleum Limited (PPL) has announced that its subsidiary, PPL Asia E&P B.V. (PPL Asia), has received a payment of $6 million from Iraq's state-owned Midland [Middle] Oil Company (MdOC), in relation to the concl...
» ISC Highlights Growth of Iraqi Stock Exchange
06/01/25 21:28 from Iraq Business News
By John Lee. The Iraqi Securities Commission (ISC) has published its main financial and economic indicators for 2024, highlighting significant growth in the performance of the Iraqi stock market. It said in a statement that the report re...
» Iraq Approves New Foreign Remittance Service
06/01/25 21:28 from Iraq Business News
By John Lee. Turkiye's Global Odeme Hizmetleri (Get Money Global) has been approved to provide foreign remittance services in Iraq within a credit agreement involving Western Union and MoneyGram. The announcement was made by the Central ...
» Tabaqchali on Kurdistan's Share of the Iraqi Budget
06/01/25 21:27 from Iraq Business News
By Ahmed Tabaqchali for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kurdistan's share of the 2024 Iraqi budget: More than meets the eye The ...
» UN to provide Sports Facilities in Mosul
06/01/25 21:27 from Iraq Business News
By John Lee. Baher Alshamal Co. Ltd. has won a contract with the United Nations Secretariat for the "Construction of multi-purpose sports court in Japan Village Project, Rajm Hadeed Neighborhood, Mosul City, Nineveh." Contract value is s...
» Foundations Laid for West Qurna 1 Ops Centre
05/01/25 20:53 from Iraq Business News
By John Lee. Iraq's Ministry of Oil celebrated the groundbreaking of the West Qurna 1 Field Operations Center (Phase 1) and inaugurated several service projects in Al-Sadiq District, Basra Province. The initiatives were carried out by th...
» Calls to Revive Iraq-Syria Oil Pipeline
05/01/25 20:52 from Iraq Business News
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Assad's fall spurs calls to revive Iraq-Syria oil pipeline The ...
» Contract Awarded for New Houses in Fallujah
05/01/25 20:51 from Iraq Business News
By John Lee. Al-Fityan Company For General Contracts Ltd has won a contract with the United Nations Office for Project Services (UNOPS) for the "Construction of 36 housing units in Fallujah district Anbar." Contract value is stated as $9...
» New Housing Complex opens in Baiji
04/01/25 20:53 from Iraq Business News
By John Lee. Prime Minister Mohammed S. Al-Sudani inaugurated the City of Refineries Housing Complex in Baiji District, Salah al-Din Province, on Thursday. The complex includes 1,178 residential units that have been rebuilt after being d...
» Contract Awarded for New Houses in Sinjar
04/01/25 20:52 from Iraq Business News
By John Lee. Baher Alshamal Co. Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for the "Construction of 30 housing units in Sinjar (Hardan and Dahoula villages) [Ninewa]." Contract value is stated as ...
» Iraqi Marshland Drought: Existence on the Edge of Extinction
04/01/25 20:51 from Iraq Business News
By Azhar Al-Ruabie, for The Telegraph. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi marshland drought: Climate change pushes existence to the edge of extinction ...
» New Oil Projects in Baiji District
03/01/25 20:32 from Iraq Business News
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani has inaugurated several oil sector projects in Baiji District, Salah al-Din Province, on Thursday: The fourth and fifth oil refining units at Al-Siniyah Refinery in Salah al-Din Pro...
» Is Iraq facing a Cash Crisis?
03/01/25 20:32 from Iraq Business News
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is Iraq facing a cash crisis? With two months of expenditures still unaccounted for, it is evident that the di...
» Al Sadear wins Engineering Contract with UNAMI
03/01/25 20:32 from Iraq Business News
By John Lee. Al Sadear National Co. For Contracting Ltd. has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for "Engineering Design and Construction." Contract value is stated as $700,549.54. (Source: UNGM) Th...
» Iraq Stock Market closes 2024 Up 45%
02/01/25 21:13 from Iraq Business News
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 2nd January 2025). Note: ISX will be closed until January 6, 2025, due to the end-of-year closing operations. The first trading session of...
» Iraq to create Industrial City dedicated to Small Businesses
02/01/25 21:13 from Iraq Business News
By John Lee. The Prime Minister of Iraq has directed the allocation of land for the creation of an industrial city dedicated to small businesses, particularly those supported under Riyada Initiative [Iraqi Riyada Network for Access Devel...
» Swiss, Egyptian Firms to Build Grain Silos in Iraq
02/01/25 21:13 from Iraq Business News
By John Lee. The Iraqi Ministry of Trade has signed an agreement with Switzerland's Bühler and Egypt's Samco to construct five state-of-the-art grain silos, each with a storage capacity of 60,000 tonnes. The silos will be built in Kirkuk...
» Kuwaiti Hotel Chain to open in Erbil
02/01/25 21:13 from Iraq Business News
By John Lee. Kuwait-based Safir Hotels & Resorts has announced its entry into Iraqi Kurdistan with a new 5-star hotel in Erbil. The management contract was officially signed between Hariri Building & Contracting Co. HARCO Offshor...
» Happy New Year from all at Iraq Business News!
02/01/25 08:10 from Iraq Business News
As we kick off the new year with our first newsletter, we extend a heartfelt appreciation to all our contributors, with a special acknowledgment to our Expert Bloggers, Ahmed Mousa Jiyad and Ahmed Tabaqchali (AFC Iraq Fund), who have gen...