From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will regional geopolitical shifts shake up Sunni politics in Iraq? Regarded as one of Iraq's most skilled -- if controversial -- modern political operators, Sunni politician Mohammed Al-Halbousi has faced challenging times since […]
By John Lee. The General Company for Mining Industries, a subsidiary of Iraq's Ministry of Industry and Minerals, has announced the near-completion of a solvent production plant in Salah Al-Din province, developed in partnership with the private sector. According to Ahmed Faleh Ali, the company's Director General, the plant has reached 85% completion and is […]
By John Lee. The Iraqi Drilling Company (IDC) has completed drilling the first well (LF2) under its contract with Sonangol to drill 13 oil wells in the Qayyarah [Qayara] oilfield, Nineveh province. Drilling operations were conducted using the IDC 223 rig, with a horsepower capacity of 800, demonstrating the technical expertise and efficiency of IDC's […]
By Michael Knights and Hamdi Malik for Foreign Affairs. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran Could Lose Iraq The Axis of Resistance Is Primed to Take Another Hit. Click here to read the full story.
By John Lee. The National Investment Commission (NIC) Chairman, Dr Haider Mohammed Makiyya [Makia], met with representatives from the United Nations Development Programme (UNDP) to discuss potential non-oil investment projects in Iraq. Key projects under discussion included: Fibre optic cable infrastructure. High-quality silica sand investment. Soil enhancement technologies to combat desertification. Climate investment strategy, recently […]
By John Lee. An arbitration tribunal has been appointed in the case of Agility Public Warehousing Company K.S.C. v. Republic of Iraq (ICSID Case No. ARB/17/7). Its members are: Sarah Grimmer (New Zealand), President, appointed by agreement of the Parties; Stephen L. Drymer (Canadian), appointed by Claimant; and Dr. August Reinisch (Austrian), appointed by Respondent. […]
By John Lee. The National Investment Commission (NIC) held an extensive meeting with KBR on March 4, 2025, to explore the development of Iraq's first blue ammonia plant in Basra. According to the UK's Royal Society, 'blue ammonia' is ammonia produced using 'blue hydrogen', i.e. hydrogen produced by steam methane reforming (SMR) where the carbon […]
By John Lee. Al-Fityan Company For General Contracts has won a contract with the United Nations Office for Project Services (UNOPS) for the construction of 20 housing units in Ana district, Anbar. The contract value was stated as $608,961. (Source: UNGM)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 13th March 2025. Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed on Mar. 16, 2025 (Sunday) due to a public holiday. The next trading session will be held on Mar. […]
By John Lee. Iraq's Ministry of Justice has said it has successfully defended Iraq in a $1-billion international arbitration case filed by Germany's AHG Industry GmbH & Co. KG at the World Bank's International Centre for Settlement of Investment Disputes (ICSID). According to the statement from the Ministry on Tuesday (11th March), the dispute stemmed […]
By Kim Ji-hwan, for ChosunBiz. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Hanwha and LIG Nex1 struggle for control in Iraq missile export negotiations Industry rivalry hinders progress on missile sale to Iraq as firms seek dominance. The full article can be viewed […]
By John Lee. The Ministry of Health has announced details of the 100-bed hospital series under the Iraq-China agreement, specifying the provinces and expected completion timeline. Ministry spokesperson Seif Al-Badr confirmed that contracts with reputable global companies are ongoing, with daily oversight from Health Minister Dr. Saleh Mahdi Al-Hasnawi. The hospitals will be constructed in: […]
