Archive | 2024

Digitising Land Administration Systems in Iraq

From UN-Habitat Iraq: Transitioning to E-land Governance in Iraq: UN-Habitat and the Ministry of Justice are collaborating on a new project to digitise land administration systems in Iraq In a significant move towards enhancing Iraq's long-term development and reform process, the Ministry of Justice, in collaboration with the United Nations Human Settlements Programme (UN-Habitat), announces […]

Oil Ministry Completes Rehabilitation of Gas Pipeline

By John Lee. Iraq's Ministry of Oil has announced that the Oil Pipelines Company has completed the first phase of rehabilitating the 12-inch dry gas pipeline from the East Baghdad field to Taji power station. Mr. Ali Abdul Kareem Al-Moussawi, the Director General of the Oil Pipelines Company, stated that the company's technical and engineering […]

Iraq girds to Revive Nuclear Energy Program

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq girds to revive long-abandoned nuclear energy program The Iraqi government has declared its intention to revive the country's long-abandoned nuclear energy program. The announcement by Prime Minister Muhammad Shia' Al-Sudani comes amid […]

Baghdad's Air Quality Near Worst in World

By John Lee. Iraqi has been ranked sixth worst in the 2023 World Air Quality Report. In its city rankings, Baghdad came in fifth worst place. The 2023 World Air Quality Report provides a global review of air quality data for the year 2023. The report summarizes PM2.5 air quality data from 7,812 cities spanning […]

Who is the fmr Iraqi Defense Minister arrested in Sweden?

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. Who is Najah al-Shammari, former Iraqi defense minister arrested in Sweden? Shammari served in the Iraqi military under Saddam Hussein and following the 2003 US invasion, and was under […]

New Steel Plant and Airport for Diwaniyah

By John Lee. The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, has chaired the sixth meeting of the Supreme Committee for Reconstruction and Investment this week, discussing service and residential investment opportunities in various governorates. At the meeting, approval was given for a request from the National Investment Commission (NIC) to establish an iron and steel […]

GKP Full Year Results

By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed the day down nearly four percent on Thursday, after it announced its results for the full year ended 31 December 2023.   Jon Harris, Gulf Keystone's Chief Executive Officer, said: "Following a challenging year in 2023, in which our operational and financial performance was impacted […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st March 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change       RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,695.3 2.5% 9.1% RSISX USD Index 1,666.9 […]

Iraq Explores Military Cooperation with South Korea

By John Lee. South Korea's Defense Minister, Shin Won-sik, held talks in Seoul on Wednesday with Thabet Mohammed Saeed Al-Abbasi [al-Absi], the Iraqi Defense Minister. Minister Suh evaluated that the foundation of defense and defense industry cooperation between Korea and Iraq has been established through military education exchanges, T-50 trainer aircraft exports, and airbase reconstruction […]

DG Inspects Progress at New Diyala Oil Concessions

By John Lee. The Director General of Midland Oil Company emphasized the company's commitment to providing a conducive investment environment for successful global companies in the fifth licensing round for the development of oil and gas fields. During an inspection visit to the Khashim Ahmer-Injana [Khasham Al-Ahmar] and Gilabat-Qumar [Kalabat] fields in Diyala province, Mr. […]