Archive | 2025

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 21st Aug 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 2,297.6 -0.1% 2.1% RSISX USD Index […]

Iraq Targets $250bn in New Investments Over Two Years

By John Lee. The National Investment Commission (NIC) has announced plans to attract up to $250 billion in investments over the next two years, as part of efforts to diversify the economy and reduce reliance on oil revenues. NIC spokesperson Hanan Jassim told the state-run Iraqi News Agency (INA) that recent government reforms and legislative […]

Iraq's Inflation Rate Drops Sharply

By John Lee. The Central Bank of Iraq (CBI) has reported a significant decline in the inflation rate, reflecting a drop in the general price level and an improvement in purchasing power for individuals and institutions. It said that inflation stood at 0.8 percent in the second quarter of 2025, representing a 76 percent decrease […]

Iraq Denies Vodafone Contract Claims

By John Lee. The Ministry of Communications has denied reports of an investment contract with British company Vodafone, stressing that no agreement has been signed to date. Omar Abdul Razzaq Musaheb (pictured), Official Spokesperson for the Ministry of Communications, confirmed in a statement that procedures for establishing the national mobile licence project are still underway, […]

The Impact of Agricultural Policy on Food Security in Iraq

By Dr. Hussein Mishbak, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Assessing the impact of agricultural policy on food security in Iraq: the case of Dhi […]

Iraq's Central Bank Reports 55% Growth in Gold Reserves

By John Lee. The Central Bank of Iraq (CBI) has reported a significant increase in its gold reserves, which form a key component of the country's foreign reserves. During the second quarter of 2025, gold reserves reached 22.8 trillion dinars [$17.4 billion], marking a 55 percent rise compared to 14.7 trillion dinars recorded in the […]

Chevron Returns to Iraq with Oil Exploration Agreement

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has overseen the signing of a principles agreement between the Ministry of Oil and US oil company Chevron for the development of several oil projects in Iraq. The agreement covers the Nasiriyah Project, consisting of four exploration blocks, the development of the Balad oil field, and other […]

Iraqi Central Bank Reduces Supply of Dinars

By John Lee. The Central Bank of Iraq (CBI) has reported a decline in issued currency, contributing to lower inflation rates and supporting price stability. In the second quarter of 2025, issued currency amounted to 98.4 trillion dinars [$75.1 billion], reflecting a 3.8 percent decrease compared to 102.3 trillion dinars in the same period of […]

Iraq Moves to Boost Non-Oil Revenues

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday to discuss strategies for increasing Iraq's non-oil revenues and strengthening state finances. Attendees included the Minister of Finance, Minister of Trade, the Mayor of Baghdad, the Governor of the Central Bank of Iraq (CBI), and senior advisers and directors. The discussions focused […]

Iraq Approves Housing Projects in Baghdad

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting of the Higher Committee for Reconstruction and Investment on Sunday, focusing on major housing initiatives in Baghdad. The meeting reviewed the economic model for the New Sadr City project, which in its first phase will deliver 11,000 housing units, alongside commercial areas, green spaces, […]