The Importance of ExxonMobil's Return to Iraq
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 […]
Kurdistan Region Spends $203m on Water Infrastructure
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 […]
Knock-On Effects as UN Sanctions on Iran Return
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq braces for knock-on effects as UN sanctions on Iran return The "snapback" of UN sanctions on Iran is triggering widespread anxiety in Iraq about impending economic consequences. Observers warn that the fallout […]
UNOPS Contract for Housing Units in Fallujah
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)
Iraq Receives Second Batch of Bell Helicopters
By John Lee. The second batch of US-made Bell 505 helicopters arrived at Martyr Brigadier General Mohammed Alaa Air Base this week. The delivery eight helicopter follows directives from the Commander-in-Chief of the Armed Forces to enhance and modernise the capabilities of Iraq's military forces across all branches. According to a Ministry of Defense statement, […]
UNOPS Buys Equipment from Canon
By John Lee. Canon Co. for Trading of Computer and Electronic Supplies Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for "Supply of IT Equipment." The contract value was stated as $27,190. (Source: UNGM)
HRW: New Personal Status Code "Makes Women Second Class"
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, […]
Repeal of US Iraq War Authorizations ...
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will repeal of war authorizations end US military strikes in Iraq? Both houses of the US Congress have approved a bill to repeal two pieces of decades-old legislation that authorize the White House […]
Transport Investment Key to Iraq's Economic Growth
By John Lee. Minister of Transport Razzaq Muhaibis Al-Saadawi opened the Transport, Aviation and Logistics Services Exhibition (ITL EXPO 2025) on Wednesday, attended by officials and representatives from local and international companies in transport, infrastructure, and logistics. In his opening remarks, Al-Saadawi stated that investment in the transport sector yields significant economic returns by reducing […]
Linxon Discusses Energy Projects with Iraqi PM
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani met in Baghdad on Wednesday with the Swiss Ambassador to Iraq, Daniel Hunn, and the Swedish Ambassador, Jörgen Lindström, accompanied by senior representatives from Linxon, including its Executive Director and the company's Head for Asia and the Middle East. The Prime Minister welcomed the presence of international, […]
Zubair-Mashrif Gas Separation Project Nears Completion
By John Lee. The Ministry of Oil has held a pre-startup ceremony for the expansion of the Zubair-Mashrif Gas Separation Station. Oil Minister Hayan Abdul Ghani Al-Sawad described the project as a key milestone in Iraq's efforts to boost gas production capacity, noting that it will significantly increase the capture of associated gas and supply […]
UNDP contract in Baghdad
By John Lee. Dear Tech Company has won a contract with the United Nations Development Programme (UNDP) for the "Supply of goods for donation STRIVE Juvenile project in Baghdad." Contract value is stated as $53,983.29. (Source: UNGM)