Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. As part of efforts to expand homeownership opportunities for citizens and activate national initiatives supporting middle- and low-income groups, the Prime Minister of Iraq has directed the relevant authorities to take the necessary steps to implement a proposal to simplify housing loan procedures for government employees. The proposal, jointly prepared by the […]
By John Lee. UAE-based Damac has launched "Damac Hills Baghdad", which it describes as a landmark luxury development set to redefine the real estate landscape of Baghdad. At its launch event, the company expressed its commitment to delivering exceptional real estate projects and setting new standards of excellence in Baghdad's property sector. (Source: Damac)
By John Lee. UNHCR Iraq has published "UNHCR Iraq At a Glance - October 2025". According to the overview: "Iraq is leaving behind the effects of three decades of political turmoil and armed conflicts that deeply impacted its people. The country has been experiencing relative stability and is advancing towards sustainable development, including solutions for […]
By John Lee. The Iraq National Housing Policy 2025-2030 sets out plans to strengthen private sector participation in housing finance through Policy 3.4, which focuses on providing facilities for government-subsidised housing loans to enable private lending. The sub-pillar, titled "Increase the Ability of Private Banks to Provide Affordable Loans," addresses the limited role of Iraq's […]
By John Lee. The fourth round of political consultations between the Republic of Iraq and the Republic of Turkmenistan was held on Monday, 20 October 2025, at the Ministry of Foreign Affairs in Baghdad. The Iraqi delegation was headed by Ambassador Mohammed Hussein Bahr Al-Ulum, Deputy Foreign Minister for Bilateral Relations, while the Turkmen side […]
By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani has laid the foundation stone for the Baghdad International Hospital, to be developed by Apex Health, a subsidiary of Qatar's Estithmar Holding [Qatari Investment Holding Company]. Al-Sudani welcomed the Qatari delegation and praised the project as a new chapter in bilateral cooperation, recalling the visit of […]
By John Lee. If anyone doubts the importance of last week's agreement for US oil major ExxonMobil to return to Iraq, may we suggest reading the following article from Simon Watkins in OilPrice: What ExxonMobil's Comeback in Iraq Really Means. The author describes it as "perhaps the most significant of the recent deals between firms […]
By John Lee. The Kurdistan Regional Government (KRG) has said major progress has been made in modernising the Region's water infrastructure. Nine dams have been completed at a total cost of about IQD 266 billion [$203 million], providing a combined storage capacity of around 253 million cubic metres of water. The KRG has also completed […]
By John Lee. Al-Fityan Company For General Contracts has won a contract with the United Nations Office for Project Services (UNOPS) for "Rehabilitation of 55 Housing Units in Fallujah." Reference: ITB/2025/58519, Lot 1. The contract value was stated as $579,155 (Source: UNGM)
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: New Personal Status Code Makes Women Second Class Iraq's new Ja'afari Personal Status Code, passed by parliament on August 27, discriminates against women by favouring men in matters of marriage, […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 16th Oct 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 2,350.3 -0.8% 4.5% RSISX USD Index […]
From the Iraq Britain Business Council (IBBC): IBBC Autumn conference 'Gateway to Iraq' Basrah is the physical and symbolic gateway to Iraq, with ports for export and import and the impressive massive new Al Faw port, with links into Iraq. There are plans to build freeports for businesses and communities along the development road to […]
