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. "Election kerfuffle, what kerfuffle !!!" The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up 5.0% for the month and […]
By John Lee. Cairo 3A Holding has reportedly signed a Memorandum of Understanding with International Venture Investment (IVI) Holding Limited in Baghdad to develop an integrated poultry project in Iraq. According to report from Agar Gate, the agreement marks the start of a long-term partnership aimed at building a vertically integrated operation that meets international […]
By John Lee. Iraq's Ministry of Labour and Social Affairs has launched a lending initiative aimed at reducing unemployment by providing job opportunities for registered unemployed citizens. Under the programme, the Ministry's Department of Labour and Vocational Training -- through its Small Projects Funds -- will issue loans for the purchase of modern passenger vehicles […]
By John Lee. Iraq's Ministry of Planning has reported a decrease in both monthly and annual inflation rates for October 2025, but its announcement did not mention the actual rates. Ministry spokesperson Abdul Zahra al-Hindawi said field teams from the Central Statistical Organisation (CSO) recorded a 0.3% fall in monthly inflation compared with September, while […]
By Mina Aldroubi and Sinan Mahmoud, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Al Sudani has 'slim' chance of securing second term, experts and officials say Race for prime minister's position ongoing amid heated negotiations between political blocs. […]
By John Lee. The Central Bank of Iraq (CBI) has presented detailed updates on its banking-sector reform programme, with Governor Ali Mohsen Al-Alaq outlining structural plans aimed at rebuilding a compliant and modern financial system. Al-Alaq said the engagement of Oliver Wyman followed restrictions on dollar transactions imposed on a number of Iraqi banks, noting […]
By John Lee. Iraq's Ministry of Oil has issued exclusive invitations to several major US oil companies to submit bids for taking over the operatorship of the West Qurna-2 field. The Ministry said it is pursuing a transparent, competitive process based on approved criteria for awarding oilfield development contracts. Direct negotiations are under way with […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has inaugurated a US$45-million cancer-medicine factory at the Modern Pharmaceutical Industries Company, a private-sector project, and launched construction works for a US$70-million facility to produce viral vaccines for hepatitis, influenza, and the MMR (mumps, polio, rubella) combination. The Prime Minister said the new plant -- built with […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has launched the first phase of the Pulse of Mosul project, aimed at rehabilitating alleys and neighbourhoods in the Old City of Mosul. The initiative mirrors the earlier Pulse of Baghdad programme to restore historic districts of the capital. Chairing a meeting attended by the Governor of […]
By John Lee. The UK's Department for Business and Trade has said that total trade in goods and services (exports plus imports) between the UK and Iraq was £1.2 billion in the four quarters to the end of Q2 2025, a decrease of 8.9% or £112 million in current prices from the four quarters to […]
By John Lee. The General Company for Ports of Iraq (GCPI) has confirmed the signing of a contract with Dutch firm Fugro to carry out third-party surveying of the al-Faw navigation channel, in preparation for issuing internationally recognised Admiralty charts. Director General Farhan al-Fartousi told the state-owned Iraqi News Agency (INA) that the survey work will […]
By John Lee. The National Investment Commission (NIC) has held a workshop in Baghdad to discuss Iraq's plans for clean hydrogen and blue ammonia production and their potential impact on the national economy. The session, attended by government advisers, academics and representatives from the Ministries of Higher Education and Industry, reviewed Iraq's vision for adopting […]
