By John Lee. The Ministry of Oil plans to increase the production of liquefied petroleum gas (LPG) at the Basra Gas Company (BGC) to more than 8,000 tonnes per day in the coming years. Speaking at the LPG Forum organised by the BGC, Izzat Saber Ismail, Deputy Oil Minister for Gas Affairs, said that this […]
By John Lee. The UK's Department for Business and Trade has said that total trade in goods and services (exports plus imports) between the UK and Iraq was £1.1 billion in the four quarters to the end of Q4 2024, an increase of 3.9% or £43 million in current prices from the four quarters to […]
By John Lee. Irish-based Petrel Resources last week issued unaudited preliminary results for the year ending 31 December 2024. The company, which announced a fundraising in March, said that it has submitted a proposal to undertake contractor obligations on a relinquished block from Iraq's 4th Bid Round, and has also prepared an updated development plan […]
By John Lee. Islamic Relief Worldwide (IRW) has published a tender for the provision of cash distribution services. Click here to download the tender from our Tenders Page. Find more tenders here. (Source: IRW)
By John Lee. The Iraqi government has issued a strong condemnation of recent attacks on nuclear facilities in Iran, warning that such actions threaten regional and global security. In a statement released by government spokesman Basim Alawadi on Sunday, Iraq described the military escalation as a "grave threat to peace and security in the Middle […]
In Numbers 11,293 People assisted USD 347,958 cash-based transfers made USD 24.7 million six months (June - November 2025) net funding requirements Operational Updates General Food Assistance WFP provided e-vouchers to over 4,940 residents (1,299 households) in the Al-Amal Rehabilitation Centre (formerly Jed'ah 1 Centre) in Ninewa Governorate. In addition, WFP provided cash assistance to […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Nine Iraqi top court members resign Nine members of Iraq's Federal Supreme Court submitted their resignations on Thursday in protest against the court's chief justice. Click here to read the full article.
By John Lee. Gulf Keystone Petroleum (LSE: GKP) provided an operational and corporate update ahead of its AGM on Friday, reaffirming its 2025 production and financial guidance despite regional uncertainties. CEO Jon Harris reported strong performance so far this year, with gross average production of approximately 44,900 barrels of oil per day (bopd) supported by […]
By John Lee. Iraq's Minister of Electricity, Ziyad Ali Fadhil, met with UK Ambassador Irfan Siddiq and a high-level delegation to discuss British companies' role in implementing solar energy projects and reaffirm Iraq's commitment to the Paris Climate Agreement. The delegation included Lara Hampshire, UK Director of Trade in Iraq, and Yasmin Khan, Director of […]
By John Lee. The QS World University Rankings has listed 10 Iraqi universities in its 2026 (sic) ranking. Highest rated was the University of Baghdad, which was ranked in the range 741-750th worldwide. Next came Al Nahrain University in Baghdad, ranked in the range 951-1000. Two Iraqi universities -- Mustansiriyah University (Baghdad) and the University of […]
By John Lee. The Iraq Britain Business Council (IBBC) has announced that Baghdad-based conference and business consultancy provider EMAAL has joined as a member. According to a statement from the IBBC, the business is owned and run by Dr Ali Mahjob (pictured), who previously started the Iraq24 TV station, which focuses on business. EMAAL will […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 19th June 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 2,179.8 -4.6% -3.1% RSISX USD Index […]
