Archive | 2025

New Sustainable Residential Development in Najaf

By John Lee. Dar Al Omran Rasem Badran (DAO-Badran) has unveiled its latest architectural project in Iraq. Developed in partnership with Al Ghadeer and BMC, Budoor Al-Najaf seeks to establish a human-centred, culturally integrated and environmentally resilient community in Najaf. Spanning approximately 50 hectares [123 acres], the development will house more than 1,400 homes available […]

Federation Council to help address Iraq's 'State' Crisis?

By Mustafa Hamza Mustafa, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can the Federation Council help address Iraq's ongoing 'state' crisis? Article 65 of Iraq's 2005 Constitution calls for the establishment of a second legislative chamber known as the Federation […]

Int'l Health and Safety Passport delivered in Iraq for first time

By John Lee. The first Iraqi cohort to complete the Engineering Construction Industry Training Board's International Health and Safety Passport (IHSP) have been presented with their certificates. The 15 learners completed the IHSP Foundation course as part of a five-month pilot construction training programme at Basra Technical Training Centre (BTTC), developed by Wood Al Majal […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 20th March 2025. 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 2,253.1 2.7% 0.2% RSISX USD Index […]

Iraq's PMF Law "Is No Substitute for Real Security Reform"

By Hamdi Malik and Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's PMF Law Is No Substitute for Real Security Reform The Trump administration should not be duped by the supposed "reforms" that […]

Iraqi-Russian Anti-Corruption Agreement

By John Lee. Iraq's Federal Integrity Commission and Russia's Prosecutor General's Office have begun implementing their Memorandum of Understanding (MoU) on anti-corruption cooperation, focusing on asset recovery and international legal assistance. During a meeting with a Russian delegation, Dr. Mohammed Ali Al-Lami, Head of the Integrity Commission, emphasized the need to modernize anti-corruption mechanisms to […]

US pushes to Resume Oil Exports from Iraqi Kurdistan

By John Lee. The United States has pushed the Iraqi government to finalise an agreement with international oil companies (IOCs) to resume crude oil exports through the Iraq-Turkey Pipeline (ITP). At the daily press briefing on Wednesday, State Department spokesperson Tammy Bruce told reporters: "We're urging the Iraqi Government to reach an agreement ... with […]

Gulf Keystone shares rise on Full-Year Results

By John Lee. Gulf Keystone Petroleum (GKP) today announced its results for the full year ended 31 December 2024. Shares were trading up more than two percent at lunchtime. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "2024 was a year of strong operational and financial delivery for Gulf Keystone. We have sustained our […]

Italian-Turkish consortium to build Iraq Offshore Pipeline

By John Lee. Iraq's Council of Ministers has approved the awarding of the Third Offshore Pipeline Completion Project tender to an Italian-Turkish consortium. Italy's Micoperi and Turkiye's ESTA Construction will be given 757 days to complete the project. Micoperi describes itself as a leading contractor in the oil and gas offshore business for more 70 […]