By John Lee. Iraqi Oil Minister Hayan Abdul-Ghani met with a Kuwaiti delegation this week to discuss the Memorandum of Understanding (MoU) on joint border oil fields between Iraq and Kuwait. The delegation was led by Khaled Walid Al-Daiyen, Assistant Undersecretary for Technical Affairs at the Ministry of Oil of Kuwait, along with other senior […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. U.S. Oil Powerhouse Chevron Is Back In Iraq, But Will It Be Different This Time? U.S. oil and gas supermajor Chevron signed an agreement in principle last week with Iraq's Oil […]
By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Central Bank of Iraq suggests delay to reform plan on pressure from private banks The Central Bank of Iraq [CBI] has revised its road map for the highly anticipated […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad rescinds PMU legislation as US forces redeploy to Iraqi Kurdistan Under reported threat from the US, Iraq's government has withdrawn a controversial draft law that would have significantly reshaped the country's Popular […]
By John Lee. The National Investment Commission (NIC) held a workshop in Baghdad the week under the title "Security and Investment: Integration of Roles Towards an Attractive Capital Environment", in cooperation with the Security Media Cell (SMC). The event was attended by NIC Chairman Dr Haider Mohammed Makiyya, Security Media Cell Head Lt. Gen. Dr […]
By John Lee. Erbil-based SoftMax has won a contract with the International Labour Organization (ILO) for, "Business Process Re-engineering, Digital Transformation and IT System Development" The contract value was not disclosed. (Source: UNGM)
By Hayder Al-Shakeri, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's water crisis: Dammed by neighbours, failed by leaders Scarcity of water is not only a national crisis for Iraq, but a growing driver of internal tension. Click here to […]
By John Lee. The Iraqi Drilling Company (IDC) has completed drilling two oil wells: The first well, a delineation well, was drilled in the East Baghdad/Al-Rasheediyah field for the Midland Oil Company (MdOC). The second was drilled in the Qayara [Qayyarah] field in Nineveh province for Angola's Sonangol, marking the tenth well delivered by IDC […]
By John Lee. Rawnaq Al-Balad Al-Tayeb has won a contract with the United Nations Office for Project Services (UNOPS) for "Supplying Water Equipment- Anbar (LIRA II)" The contract value was stated as $177,748. (Source: UNGM)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 28th 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 2,349.2 2.2% 4.4% RSISX USD Index […]
By John Lee. Gulf Keystone Petroleum (GKP) today announced its results for the half year ended 30 June 2025. Shares were trading up more than four percent at lunchtime. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "We delivered strong operational and financial performance in the first half of 2025, with material free cash […]
By John Lee. The newly-published Iraq Multidimensional Poverty Index (MPI) analytical report has made seven recommendations to reduce poverty in Iraq: Enhance coordination between ministries and authorities to reduce poverty, using targeted plans based on deprivation levels and holding regular committee meetings. Establish a schedule to collect and update multidimensional poverty data every four years, […]
