Maysan Oil Company Markets 440-Tonne Sulphur Shipment
By John Lee. Maysan [Missan] Oil Company (MOC) has marketed a 440-tonne shipment of sulphur produced at the central gas processing plant (GPP) at the Halfaya oil field, in preparation for export to international markets. According to the state-run Iraqi News Agency (INA), the shipment was transferred through a local intermediary to State Oil Marketing […]
Fly Baghdad Plans Comeback after US Sanctions Lifted
By Gavin Gibbon, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Fly Baghdad Plans Comeback after US Sanctions Lifted The target is to start operating before the end of the year, aiming for destinations in the GCC […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 13th August 2026. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,798.8 -0.70% 9.47% USD-RSISX 2,752.0 -0.70% 9.47% […]
Iraqi Cabinet Approves Government Programme
By John Lee. Iraq's Council of Ministers has approved the government programme for 2026-2029, covering 139 priorities across 14 key sectors, and referred it to the Council of Representatives in accordance with Article 38/First of the amended Council of Ministers Internal Regulations (No. 2 of 2019). The session was chaired by Prime Minister Ali al-Zaidi. […]
Update on Oil Discovery in Najaf's Qurnain Block
By John Lee. Iraq's Ministry of Oil has issued an update on the new hydrocarbon discovery at the Qurnain exploration block in Najaf province, Spokesman Salim al-Rakabi told state-run Iraqi News Agency (INA) that the first exploratory well yielded promising indications of light crude oil, adding that the assessment programme has begun, with the first […]
Egyptian Firm Wins $18.6m Contract at Zubair Oil Field
By John Lee. The Egyptian Maintenance Company (EMC), commercially known as 'San Masr' or 'San Misr', has won an international tender issued by Eni for the supply of electrical equipment at the Zubair oil field in Basra province. The total contract value is $18.6 million over three years. The contract covers the supply of a […]
DNO Updates on Kurdistan Ops
By John Lee. Norwegian oil and gas operator DNO ASA posted record second-quarter revenue of $761 million, up 21 percent quarter-on-quarter, driven by strong North Sea production at high commodity prices, which more than offset the impact of a production shutdown at its Kurdistan operations. Operating profit rose 55 percent to $439 million, while net […]
Iraqi Housing Fund Loans: Electronic Applications Open Soon
By John Lee. Electronic applications for loans from the Iraqi Housing Fund are to open on 23 August for a four-day period, with each day allocated to a different group of governorates. Applications open at 10am on the day assigned to each governorate. According to the Ministry of Construction, Housing and Public Municipalities, the schedule […]
Iraqi Bank Reforms Could Open up Sector for Regional Investors
By Matt Smith, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi Bank Reforms Could Open up Sector for Regional Investors Last month the Central Bank of Iraq said that seven previously restricted banks had been given […]
Iraqi-Turkish Rail Talks on Development Road Project
By John Lee. Iraq's General Company for Railways has met with a Turkish delegation to discuss implementing a framework memorandum of understanding (MOU) on transport infrastructure development signed earlier in August. The meeting, chaired by the company's director Mohammed Habib Jabr, was attended by Burak Aykan, Director General for European Union Affairs and Foreign Relations […]
New Card Payment Access for Iraqi Online Merchants
By John Lee. SwiftPayIQ, a technical intermediary platform developed and operated by Baghdad-based Palace Tech for Software Solutions LLC, has launched a service connecting Iraqi online merchants with licensed electronic payment gateways, providing streamlined merchant onboarding, electronic invoicing and payment links. Abdullah Al-Fayyadh, CEO of Palace Tech, told Iraq Business News that merchant verification, compliance […]
Iraq Car Sales Slump in H1 2026
From Focus2Move. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Car Sales Slump 28.6% in H1 2026; Only Jetour and Great Wall Defy Losses Iraqi Vehicle Market in 2026 continues to slump. H1 sales fell by 28.6%, with Hyundai and Suzuki being affected […]