Archive | 2026

Seismic Survey Complete at Qurnain Block in Najaf

By John Lee. The Iraqi Oil Exploration Company has completed a 2D seismic survey at the Qarnain block in Najaf province, finishing 31 days ahead of the scheduled timeline. The survey covered 2,850 kilometres and recorded 47,500 energy points, achieving a completion rate of 108 per cent. Work began on 10 October 2025 and concluded […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 30th April 2026). 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 2,771.0 0.1% 8.4% USD-RSISX 2,724.6 0.1% 8.4% […]

Update on Internal Displacement in Iraq

By John Lee. The International Organization for Migration (IOM) and the UN High Commissioner for Refugees (UNHCR) have published an update on internal displacement in Iraq. Overview 997,334 IDPs remain displaced in Iraq. This includes 101,2312 people living in the 183 IDP camps, located in the Kurdistan Region of Iraq. Of this population, 19,304 IDP […]

4 Top Profiles of the New Iraqi PM Designate

By John Lee. Earlier this week, Ali Al-Zaidi was tasked with forming a new government in Iraq, following a formal ceremony at Baghdad Palace. With a background in business rather than politics, many are hopeful that he will lead Iraq towards greater prosperity. The profiles below give some perspectives on Iraq's probable next Prime Minister: […]

What a New Iraqi PM means for Your Dinars

By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Has a New Prime Minister. Here's What It Means for Your Dinars (Spoiler: Not What the Forums Are Saying) After five months of political deadlock, Iraq finally has a prime minister-designate. Ali […]

Kurdistan Region Investment Projects Top $80bn

By John Lee. The Kurdistan Investment Board has confirmed the formation of joint committees with the National Investment Commission (NIC) to develop cooperation in industrial sectors and support continued investment activity across Iraq. Mohammed Shukri, head of the Kurdistan Investment Board, told the state-run Iraqi News Agency (INA) that relations with the NIC are strong, […]

New Residential Towers for DAMAC Hills Baghdad

By John Lee. Dubai-based DAMAC International has announced the launch of Harir Residences, a new residential development within its DAMAC Hills Baghdad community, located near Baghdad International Airport. The project comprises two 12-storey towers with a total of 210 units across one-, two-, and three-bedroom apartments. According to a press release from the company, key features […]

Phase One of Nahr Bin Umar Accelerated Gas Project Opens

By John Lee. The first phase of the accelerated associated gas investment project at the Nahr Bin Umar Oil Field has been inaugurated, with the aim of boosting associated gas utilisation and supporting Iraq's energy supply. The project involves the laying of a 5-kilometre pipeline with a 20-inch diameter to connect the gas network. Its […]

Meet Ali al-Zaidi, Businessman and Iraq's New PM Designate

By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Meet Ali al-Zaidi, businessman and Iraq's new prime minister-designate Legal sources familiar with the nominee told Al-Monitor that there are no US sanctions on Zaidi [Zaydi] or financial institutions […]

UK Firm Supplies Bird Deterrent System to Basra Airport

By John Lee. UK-based Bremesgraf has supplied an advanced bird deterrent system at Basra International Airport, as part of efforts to enhance aviation safety standards in line with modern airport operational requirements. The system was installed with support from the Basra local government and in coordination with the Ministry of Transport's Iraqi Airports Administration. According […]