By John Lee. UK-based Development Analytics Ltd has won a contract with the International Labour Organization (ILO) for: "Evidence-based Inclusive policy development for improved labour market performance and integration of marginalized groups in Northern Iraq" - reference rfx_2312_ROAS. The contract value was not disclosed. The objective of this assignment is to support the Kurdistan Regional […]
By John Lee. Iraq's State Company for Petrochemical Industries, part of the Ministry of Industry and Minerals, has announced the signing of a national partnership with Noor al-Hilal to establish a new plant for the production of chlorine and caustic soda in Basra. The company's Director General, Engineer Mazen Abdul Razzaq, said the project will […]
From UNHCR: UNHCR IRAQ Monthly Update November 2025 Iraq generously hosts over 347,000 refugees and asylum-seekers, the majority (88%) of whom are Syrians. Approximately 81% of this population resides in the Kurdistan Region of Iraq. While most refugees and asylum-seekers live in urban and periurban settings, around 30% remain in nine refugee camps across the […]
By John Lee. Iraq has achieved more than US$102 billion in investments over the past three years, reflecting rising confidence among domestic and foreign investors, according to a 2025 review issued by the National Investment Commission (NIC). The NIC said that during 2025 it processed more than 850 investment applications across key sectors including energy, […]
By John Lee. The Kurdistan Regional Government (KRG) has outlined what it claims is a significant funding shortfall in transfers from the Federal Government over the past three years, describing the situation as a "financial gap" and an effective blockade on investment. According to its data, the Kurdistan Region's total constitutional entitlement between 2023 and […]
By John Lee. The Chairman of the Uzbekistan Chamber of Commerce and Industry, Davron Vakhabov, has highlighted growing commercial opportunities in Iraq and Syria following recent meetings in both countries. He said the Iraqi market, with a population of around 46 million, and Syria, with nearly 25 million people, are opening rapidly, with strong demand […]
From the UN Resident Coordinator's Office - Iraq: The United Nations' Continued Engagement in Iraq after UNAMI Following the conclusion of the mandate of the United Nations Assistance Mission for Iraq (UNAMI) on 31 December 2025, the United Nations continues its work in Iraq under the leadership of the United Nations Resident Coordinator, in close […]
By John Lee. Opportunities to expand investment in Iraq's oil and energy sectors were discussed during talks between the government and US energy giant Chevron, focusing on increasing production returns and expanding refining capacity. The discussions covered the company's current activities and potential areas of cooperation, as well as ways to improve the investment environment […]
By John Lee. The Iraqi Drilling Company (IDC) completed drilling and rehabilitation work on 237 oil wells during 2025, supporting production programmes across oilfields from northern to southern Iraq. The achievements included the drilling of 62 new oil wells and the rehabilitation of 175 existing wells, carried out in line with approved technical programmes and […]
By John Lee. Iraq participated via video link in a meeting of OPEC+ countries to review global oil market conditions and the production outlook, as the group confirmed it will maintain its current production policy during early 2026. Full statement from OPEC: Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to […]
By John Lee. Plans have reportedly been approved to expand the Najaf refinery's production capacity to 100,000 barrels per day, alongside the development of several oilfields in the province. The governor of Najaf, Yousif Kinawi, told the state-run Iraqi News Agency (INA) that the refinery's current capacity stands at around 30,000 barrels per day. Implementation […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. "What next after a gangbuster three-year rally???" The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up 13.7% for the […]
