$5m to convert Nazarke Fortress to Museum
By John Lee. The historic Nazarke Fortress in Duhok - once a detention and torture site under the Ba'ath regime - will be restored and converted into a museum at a cost of $5 million. The project will memorialise the victims of the Anfal campaign, preserving evidence and testimonies of atrocities committed against the Kurdish […]
Beyond Group wins Capacity Development Contract in Iraq
By John Lee. Beyond Group SAL, a multinational consulting firm with offices in Cyprus, Germany, Georgia, and Lebanon, has won a contract with the International Labour Organization (ILO) for, "Developing In-House Learning and Capacity Development Strategy for Social Security Department in the Kurdistan Region of Iraq" Description: "Within the scope of the Joint Programme, the […]
New 189-page EU Country Guidance for Iraq
By John Lee. The European Union Agency for Asylum (EUAA) has published a new country guidance document for Iraq, providing an in-depth analysis of the situation in Iraq, focusing on the key elements of qualification for international protection. Click here to download the full 189-page report. To browse our comprehensive library of reports on Iraq, […]
Tabaqchali: A tour of Basra, and a Business School in Baghdad
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. A tour of Basra, and a Business School in Baghdad The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up […]
Iraq Completes Xylene and Solvent Production Project
By John Lee. The State Company for Mining Industries, part of Iraq's Ministry of Industry and Minerals, has announced the completion of a new project to produce xylene, solvents, and high-quality refined fuel, in partnership with the private sector. Director General Eng. Mohammed Qasim Muftin said the fully completed project includes six integrated production units […]
US Firm in Talks to Import LNG via to Iraq by 2026
By John Lee. Iraq's Minister of Electricity, Eng. Ziyad Ali Fadel, met with a senior delegation from U.S.-based Excelerate Energy to discuss plans for importing and processing liquefied natural gas (LNG) through a floating platform at Khor al-Zubair in preparation for summer 2026. The Government of Iraq issued an Award Letter to Texas-based company last […]
PM Opens New Overpasses in Baghdad
By John Lee. Prime Minister Mohammed Shia' Al-Sudani on Sunday evening inaugurated the Al-Talae-Al-Bayjiya overpasses and the Sheikh Ma'ruf Mosque intersection in Baghdad's Karkh district. The project is the 14th of 16 traffic decongestion projects included in the government's first infrastructure package, supervised by the Ministry of Construction, Housing, and Public Works. The new overpasses […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 9th October 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 2,370.2 -0.6% 5.4% RSISX USD Index […]
EUR 40m Credit Guarantee Fund to Boost SMEs in Iraq
By John Lee. The International Labour Organization (ILO) has launched the Credit Guarantee Fund to empower small and medium enterprises (SMEs) in Iraq. The scheme is a partnership with the Ministry of Labour and Social Affairs (MoLSA), with funding from the German Ministry for Economic Cooperation and Development (BMZ) through the German Development Bank (Kreditanstalt […]
NIC signs Supervision Contract for "Future City" Housing Project
By John Lee. The National Investment Commission (NIC) has signed an engineering supervision contract for the "Future City" ["City of the Future"] residential project - one of Baghdad's largest urban investment developments. The signing ceremony was attended by NIC Chairman Dr. Haider Mohammed Makiyya, representatives of Al-Handal International Group (the project developer), and Dr. Mohammed […]
Oil Minister meets Delegation from Lukoil and INPEX
By John Lee. Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani Al-Sawad met today (Wednesday) with a joint delegation from Russia's Lukoil and Japan's INPEX. The discussions focused on cooperation across Iraq's oil, gas, and energy sectors. The delegation included Ivan Romanovsky, Lukoil Vice President for the Middle East; Elnur […]
Iraq Approves Sovereign Guarantees for Manufacturing Plants
By John Lee. The Iraqi Cabinet has approved a recommendation from the Sovereign Guarantees Initiative Committee to issue sovereign guarantees for the establishment of a plant to produce caustic soda in support of a liquid chlorine and caustic soda production facility, as well as a separate project to produce black urea. These projects are part […]