Archive | 2026

GKP Shares Rise following Operational Update

By John Lee. Shares in Gulf Keystone Petroleum (LSE: GKP) closed up more than 2 percent on Friday after the company published an operational and corporate update. Full statement from GKP: 2026 AGM Operational & Corporate Update Ahead of today's 2026 Annual General Meeting ("AGM"), Gulf Keystone, a leading independent operator and producer in the Kurdistan […]

Ankara's Kurdish Dance in Iraq leaves Erbil in Leading Role

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Ankara's New Kurdish Dance in Iraq Leaves Erbil with the Leading Role Strengthening a steady rapprochement, Turkiye's Ambassador to Iraq Anil Bora Inan on June 4 met with Patriotic Union of Kurdistan (PUK) […]

Petrel Resources Updates on Iraqi Prospects

By John Lee. Irish-based Petrel Resources Plc (LON: PET) has published its preliminary results for the year ended 31 December 2025. Regarding prospects in Iraq, the company said: "In Iraq, discussions continued regarding several potential development and gas monetisation opportunities. Iraq remains one of the world's most resource-rich hydrocarbon provinces and continues to offer significant long-term […]

Chinese Carmaker Expands Baghdad Presence with New Showroom

By John Lee. SOUEAST has opened its first mall showroom in Baghdad, in a step the company says will strengthen its market presence, dealer network and customer service capabilities in Iraq. The showroom is located in Iraq Mall, described as the largest integrated commercial complex in Baghdad. Covering nearly 200 square metres, it features a […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: [INSERT]. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,780.7 4.6% 8.8% USD-RSISX 2,734.2 4.6% 8.8% IQD-RSIHX 1,670.4 […]

Iraq Development Plan to 2050 Discussed with UNDP

By John Lee. Prime Minister Ali al-Zaidi received United Nations Assistant Secretary-General and United Nations Development Programme (UNDP) Administrator Abdullah Al-Dardari and his accompanying delegation. According to the Prime Minister's Media Office, the meeting covered several issues including project financing mechanisms, strengthening social protection programmes, establishing a development fund, and support for the return of […]

Communications Minister Meets Huawei to Discuss 5G Rollout

By John Lee. Iraq's Communications Minister, Mustafa Jabbar Sanad has chaired a meeting with Chinese telecoms firm Huawei to discuss the rollout of fifth-generation (5G) network technology in the country. According to the Ministry of Communications, the meeting, attended by senior ministry officials, reviewed the readiness of infrastructure for 5G services and followed up on […]

Transport Ministry Facilitates Basra-Shalamcheh Rail Project

By John Lee. The Minister of Transport, Wahab Al-Hussni, received the Spanish Ambassador, Alicia Rico, in Baghdad in what was described as her first official meeting with an Iraqi minister in the current government, following her earlier meeting with the Prime Minister Ali al-Zaidi. The discussions focused on the Basra-Shalamcheh railway project, which has been […]

Requirements Delay Mosul International Airport Opening

By John Lee. According to the Iraqi Civil Aviation Authority (ICAA), the opening of Mosul International Airport has been delayed due to several outstanding technical and operational requirements. The authority said it continues to monitor the project through regular field visits by technical teams and coordination with the Nineveh provincial administration and other relevant parties […]

New Cmte to Renew Kirkuk-Ceyhan Oil Pipeline Agreement

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq forms committee to renew Kirkuk-Ceyhan oil pipeline agreement Iraq has established a high-level committee to prepare a new draft agreement on the Kirkuk-Ceyhan oil pipeline as the current deal expires in July. Salim […]

World Bank Forecasts Iraq Growth Rebound in 2027

By John Lee. Real GDP in Iraq is expected to fall by 8.9 percent this year, according to the World Bank's latest Global Economic Prospects report. This represents a significant reduction on the previous forecast of 4.4 percent growth, issued one year ago. The report says: "The sharp slowdowns projected for Iraq, Kuwait, and Qatar will be […]