By James Durso for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Path to Energy Security is Taking Shape Iraq is moving to achieve energy security by diversifying its energy sources and reducing reliance on imports of Iranian electricity and natural gas. […]
By Bridget Toomey, for the Foundation for Defense of Democracies (FDD). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Major Shiite parties to run separately in Iraq's November election amid disagreements The Coordination Framework, the ruling Shiite alliance in Iraq, announced its intention for parties to […]
By John Lee. The Iraqi National Intelligence Service has led an official delegation to Damascus under the direction of Prime Minister Mohammed S. Al-Sudani. The delegation, headed by Mr. Hamid Al-Shatri, President of the Iraqi National Intelligence Service, is scheduled to meet with Syrian President Ahmed al-Sharaa' and other senior Syrian officials. The delegation includes […]
By John Lee. Baghdad Municipality has signed a contract with China's state-owned Shandong Hi-Speed Group [Shandong Gaosu Group] for the construction of 11,000 housing units in the New Sadr City project. Speaking at the signing ceremony, Mayor Ammar Musa Kazem said that more than 30 companies expressed interest in the project, which represents the first […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has launched the commercial operation of the $200-million Najmat Al-Samawa 2 Cement Plant in Al-Muthanna Province via video conference. With a daily production capacity of 6,000 tons, the plant is part of a wider $1.171-billion industrial investment package aimed at bolstering Iraq's construction materials sector. Najmat Al-Samawa […]
By John Lee. According to the latest World Economic Outlook from the International Monetary Fund (IMF), Iraq's economy is forecast to shrink by 1.5 percent this year. This is a reduction from the 4.1 percent growth forecast in their October 2024 report. For subsequent years, the organisation predicts a return to strong growth. Globally, "the […]
By John Lee. Prime Minister Mohammed S. Al-Sudani conducted a field inspection on Monday to assess progress at the Nasiriyah International Airport project in Dhi Qar Province. With the overall completion rate of 47%, the Prime Minister urged relevant authorities to swiftly address remaining obstacles, including power supply, conflict resolution, clearance of military structures, and […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 24th April 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 2,297.0 -2.3% 2.1% RSISX USD Index […]
By John Lee. The Abu Dhabi Securities Exchange (ADX), the UAE's largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul. The signing ceremony was held at ADX headquarters on Tuesday. The agreement follows […]
By John Lee. Iraq's Ministry of Planning held discussions with representatives of the German Agency for International Cooperation (Deutsche Gesellschaft für Internationale Zusammenarbeit; GIZ) in Iraq to explore cooperation and developmental transformation. Key areas of focus included a joint international cooperation agreement, the establishment of offices for the German Development Bank (Kreditanstalt für Wiederaufbau; KfW) […]
By John Lee. KRG Prime Minister Masrour Barzani has welcomed Irfan Siddiq, the newly appointed British Ambassador to Iraq. PM Barzani congratulated Ambassador Siddiq on his new post and reaffirmed the Kurdistan Regional Government's commitment to strengthening ties with the United Kingdom. The Ambassador praised the Kurdistan Region's progress and confirmed Britain's readiness to expand […]
By John Lee. A group of Republicans in the US Congress have introduced a bill to provide for the imposition of sanctions with respect to the importation of natural gas from Iran by the Government of Iraq. Bill H.R. 2574 -- the "No Iranian Energy Act" -- has been referred to a number of committees, […]
