'Watan' Residential Initiative Nears Launch in Diwaniyah
By John Lee. A ground-breaking ceremony is expected shortly for the "Watan" residential initiative in Diwaniyah province. According to the National Investment Commission (NIC), its chairman, Adel Dakhil Muhammad al-Yasiri, met with Diwaniyah's First Deputy Governor, Imad Issa al-Shablawi, and the head of the provincial investment authority, Dr Razzaq Shabbar, to finalise preparations for launching […]
KBR and AUIB Sign Engineering Education Partnership
By John Lee. The American University of Iraq-Baghdad (AUIB) and KBR have signed a memorandum of understanding (MoU) to develop engineering and technical talent in Iraq. The agreement covers consulting and advisory services for government entities, state-owned enterprises, and private-sector organisations across sectors including energy, infrastructure, utilities, mining, and manufacturing. Areas of collaboration include business […]
Iraq's Ceyhan Oil Exports "Hit 500,000 Barrels"
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Ceyhan Oil Exports Hit 500,000 Barrels SOMO is now sending 500,000 barrels a day of Kirkuk, Kurdistan Region and Basra crude through the Kurdistan Region pipeline to Türkiye's Ceyhan port, a North Oil […]
NIC Releases $111m to Hanwha for Bismayah Housing Units
By John Lee. A payment of $111 million has been released to South Korean contractor Hanwha for completed residential units at the Bismayah housing project in Baghdad. The National Investment Commission (NIC) announced the release of the first instalment, covering 8,280 completed units, following the completion of all required legal and documentary procedures. The payment […]
Iraq "Plans Joint Management of Kurdistan Oilfields"
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Plans Joint Management of Kurdistan Oilfields Amid Budget Dispute Iraq's Oil Ministry plans to station employees of the State Organization for Marketing of Oil (SOMO) at Kurdistan Region oilfields to monitor actual production […]
UAE-Iraq Trade Hit by Iran War
By Nadim Kawach, 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. UAE-Iraq Trade Hit by Iran War UAE exports to Iraq fell sharply in the first half of the year as the Iran war disrupted regional shipping […]
Tabaqchali: The Market, the Economy, and the Iraqi Dinar's Devaluation
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. The Market, the Economy, and the Iraqi Dinar's Devaluation The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was down 18.4%. […]
KBR in West Qurna-1 Gas Compressor Station Contract
By John Lee. KBR has been awarded a contract by AKT Oil Services Company (AKT) [Abraj Al-Kut Oil Services Company] to provide detailed engineering design services for the West Qurna-1 Low-Pressure Gas Capture Project in Iraq. The project is part of Basra Gas Company (BGC)'s programme to expand gas capture infrastructure and reduce flaring across […]
Škoda Signs Iraq Distribution Deal
By John Lee. Dogus Otomotiv has signed a letter of intent to establish sales and after-sales service operations for Škoda-branded passenger cars in Iraq. The agreement, disclosed via the Turkish public disclosure platform, will see the Turkish distributor take on the Iraqi dealership under terms to be defined in a formal contract. Dogus, which has […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 5th November 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 2,373.8 -3.81% -7.15% USD-RSISX 2,027.0 -3.81% -19.37% […]
World Bank Financing Proposed for Baghdad Water and Sewage
By John Lee. Iraq's Ministry of Planning has held talks with the World Bank on a financing proposal for water and sewage projects in Baghdad. The meeting, chaired by Undersecretary for Technical Affairs Dr. Maher Hammad Johan and attended by the Technical Undersecretary of the Secretariat of Baghdad, discussed financing options, implementation mechanisms, and timelines […]
Successful $500m Bond Placement by Pearl Petroleum
From Dana Gas: Dana Gas and Crescent Petroleum announce successful US$500 million bond placement by Pearl Petroleum Dana Gas PJSC and Crescent Petroleum, joint operators of the Pearl Petroleum Consortium [has] announced the successful placement of a US$500 million senior secured bond by Pearl Petroleum Company Limited, at a fixed coupon of 10.375% per annum, […]