Archive | 2025

Top 10 Dinar Articles from October

The following were the ten most read dinar-related articles on Iraq Business News for the month of October: Stability of the Iraqi Dinar Exchange Rate: CBI Paper The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed Donald Trump and the "Great Iraqi Dinar Revaluation" Dinar RV: Will Iraqi Election Speed the Process? Iraqi Dinar […]

$86m Water and Infrastructure Projects in Diwaniyah

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Saturday laid the foundations of three integrated water and infrastructure projects in the districts of Al-Shafiya, Nafar, and Al-Salahiya in Al-Diwaniyah province. The projects, covering wastewater, stormwater, transmission lines, and pumping and treatment stations, have a total cost of approximately 114 billion Iraqi dinars (about USD […]

UNESCO, Italy launch Project to Improve Access to Quality Education

The Italian Ministry for Foreign Affairs and International Cooperation, through the Italian Agency for Development Cooperation (AICS), has entrusted UNESCO with the implementation of the project "Improving Access to Inclusive Quality Education in Southern Iraq". The initiative aims to expand access to education for thousands of out-of-school children in the governorates of Basra, Dhi Qar, […]

Turkey "to Play Key Role in Iraq's Reconstruction"

By John Lee. Turkey's Minister of Trade, Prof. Dr. Omer Bolat, has affirmed that Turkey will assume a key role in Iraq's reconstruction, supported by the experience of Turkish contractors who have completed projects worth $36.6 billion in the country. Speaking in Baghdad at the Iraq General Trade and Contracting Delegation Meeting -- organised by […]

Iraqis "Hoarding Trillions of Dinars"

From Shafaq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqis hoard trillions of dinars, weakening banks Nearly 90 trillion dinars ($69 billion) -- 92% of Iraq's 98 trillion-dinar money supply -- remain outside the banking system, former Central Bank of Iraq (CBI) official […]

Iraq, Turkey sign Water Cooperation Agreement

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Sunday presided over the signing ceremony of the implementation mechanism for the framework cooperation agreement between Iraq and Turkey in the field of water. The agreement was signed by Iraq's Foreign Minister Fuad Hussein and Turkish Foreign Minister Hakan Fidan. Prime Minister Al-Sudani stated that the […]

Genel Energy Chair Retires

By John Lee. Genel Energy has announced that, following a period of ill health, David McManus has decided to retire as Chair and is stepping down from the Board with immediate effect. Canan Ediboğlu, Senior Independent Non-Executive Director, has been appointed as interim Chair until the search for a permanent Chair is completed. Yetik K. […]

Rabee Securities Launches New Iraqi Market Indices

By John Lee. Rabee Securities (RS) has announced the launch of two new market indices designed to broaden investment perspectives and enhance sector-focused analysis within the Iraqi market. 1. RS Iraq Halal Companies Index (RSIHX) The RSIHX is a price return index that tracks the performance of companies operating in accordance with Islamic principles. The […]

New Oil Processing Facilities Opened at West Qurna-1 Field

By John Lee. Deputy Prime Minister for Energy Affairs and Minister of Oil, Engineer Hayan Abdul Ghani Al-Sawad, inaugurated on Sunday the OT2 and OT3 oil processing facilities at the West Qurna-1 field, with a combined capacity of 210,000 barrels per day. The Minister explained that the project includes the construction of two new crude […]

Iraqi Dinar: Govt Attempts to Preserve Value

By Dr. Ali Abdul Rahim Al-Aboudi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Liquidity crisis and expenditure financing: Does the lack of dinar liquidity pose a serious threat to the Iraqi economy? The national currency […]

Tabaqchali: "A Ho-hum Month, Ahead of Elections"

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. "A Ho-hum Month, Ahead of Elections" The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up 0.6% for the month, […]