Archive | 2025

Iraqis Fear That Trump's America Will Depart Once and For All

By David Schenker for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqis Fear That Trump's America Will Depart Once and For All Baghdad has good reason to be concerned about the trajectory of the U.S.-Iraq relationship. Click here to read […]

Foot-and-Mouth Disease in Iraq stokes Public Backlash

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Foot-and-mouth disease in Iraq stokes public backlash, blame game Iraqi authorities are facing mounting public anger amid a new outbreak of the devastating foot-and-mouth disease. The full article can be viewed here (registration […]

Petrel Resources Raises £250,000 for Iraq Oil Projects

By John Lee. Irish-based Petrel Resources Plc (LON: PET) has raised £250,000 through a share placement managed by Novum Securities. The placement represents a 45% discount to the closing price on 5 March 2025. According to a statement from the company, the funds will provide additional working capital, supporting Petrel's efforts to secure new oil and […]

Central Bank of Iraq Supports Green Industrial Initiatives

By John Lee. The Central Bank of Iraq (CBI) has announced a new initiative to support clean energy solutions, aligning with global sustainability efforts and the environmental policies of central banks worldwide. As part of its renewable energy initiative, CBI will offer low-interest loans to local brick factories, enabling them to switch from high-pollution fuel […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 6th 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 2,191.7 -1.2% -2.6% RSISX USD Index […]

Iraq Launches Digital Tax Inquiry Service

By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the High Committee for Tax Reform on Wednesday, where he launched the Digital Tax Inquiry Service within the Ur e-Services Platform. The service enables citizens, businesses, and companies to electronically check their tax status with speed, accuracy, and transparency. It also resolves issues […]

81 Schools in KRI now Powered by Solar Energy

The Ministry of Education of the Kurdistan Regional Government (KRG) has installed solar power systems in 81 schools across the governorates of Erbil, Slemani, Duhok, Halabja and Kirkuk. Saman Siwayli, spokesperson for the ministry, stated that the initiative aims to ensure schools have uninterrupted 24-hour electricity, eliminating reliance on power generators. To further expand the […]

Iraq to Support Youth in Agriculture and Climate Sectors

By John Lee. Iraq's Supreme Council for Youth has launched "Mubadara Al-Khair" (Initiative of Goodness) programme to empower young entrepreneurs in agriculture, food security, livestock, and climate sectors. The initiative, directed by Prime Minister Mohammed S. Al-Sudani, includes: Providing loans to youth-led projects. Training and mentorship for participants. Support in acquiring modern equipment for agricultural […]

Central Bank of Iraq Revokes ForEx Licence

By John Lee. The Central Bank of Iraq (CBI) has decided to revoke the licence of Al-Tufan Company for Currency Exchange and Brokerage due to what it describes as violations of Regulation No. (1) of 2022, which governs the operations of exchange and brokerage firms in Iraq. Click here to see the full statement from […]