US Embassy Personnel to Return to Iraq
By John Lee. The US State Department has announced the end of Ordered Departure Status for personnel at the U.S. Embassy in Baghdad and U.S. Consulate General in Erbil, effective July 17, 2025. Department Spokesperson Tammy Bruce (pictured) stated that personnel who had been temporarily relocated outside Iraq will begin a phased return to their […]
Trump & Crypto: Will Bitcoin's Success Translate to the Iraqi Dinar?
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump's Policies and Cryptocurrency: Will Bitcoin's Success Translate to the Iraqi Dinar? The relationship between political leadership and financial markets has rarely been as pronounced as it is today with cryptocurrency. Since Donald […]
Reversing Pollution in Iraqi Kurdistan's Agriculture
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will local solutions reverse pollution in Iraqi Kurdistan's agriculture? A silent threat is lurking within the bustling vegetable markets of Iraqi Kurdistan. Public health specialists, including the World Health Organization (WHO), are sounding […]
Work Starts at Qayara Combined-Cycle Power Station
By John Lee. Prime Minister Mohammed Shia Al-Sudani has inaugurated the construction of the Qayara [Qayyarah] Combined-Cycle Power Station, which will add 375 megawatts (MW) of capacity and raise the station's total output to 1,125 MW. The Prime Minister highlighted the importance of combined-cycle systems in improving electricity generation efficiency. He said the government's strategy […]
64-page Report on IMF Iraq Findings
By John Lee. In a follow-up to last week's report on the state of the Iraqi economy, the International Monetary Fund (IMF) has issued a more comprehensive 64-page report on its findings. The full document package includes: A Press Release. The Staff Report prepared by a staff team of the IMF for the Executive Board's […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 17th July 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 2,314.1 0.9% 2.9% RSISX USD Index […]
PM Opens Rebuilt Mosul Int'l Airport
By John Lee. Prime Minister Mohammed Shia Al-Sudani inaugurated the newly rehabilitated Mosul International Airport on Wednesday, describing it as a strategic gateway for boosting economic and development opportunities in Nineveh province. The inauguration ceremony was attended by the Ministers of Defence, Transport, and Culture, as well as the Governor of Nineveh, the Chairman of […]
KBR Awarded FEED Contract for Fertiliser Plant in Basra
By John Lee. US-based KBR has been awarded a front-end engineering design (FEED) contract by KAR Electrical Power Production Trading FZE (KEPPT) for the development of a major fertilizer facility in Basra, Iraq. The project includes a 2,300 metric tonnes per day (MTPD) ammonia production unit and a 3,850 MTPD urea production unit. The FEED will […]
Cargo Volume Up at Iraq's Land Transport Company
By John Lee. The General Company for Land Transport (GCLT), part of Iraq's Ministry of Transport, has announced that it transported 415,000 tonnes of goods during the first half of 2025 - an increase of more than 36 percent compared to the same period in 2024. According to Director General Murtadha Kareem Al-Shahmani, the company […]
Mosul's Riverfront Redevelopment Preserves Historical Heritage
By John Lee. Prime Minister Mohammed Shia Al-Sudani conducted a field visit on Wednesday to inspect the ongoing redevelopment of the historic riverfront in the old city of Mosul. Highlighting the symbolic and cultural importance of the area, which includes numerous religious and archaeological landmarks, the Prime Minister affirmed that the reconstruction is being carried […]
IDC deploys Second Rig for 35-Well Project at Zubair Field
By John Lee. The Iraqi Drilling Company (IDC) has deployed a second drilling rig, IDC-56, as part of the ongoing project to drill 35 oil wells at the Zubair oilfield. The project is being implemented under a contract with Italy's ENI, in cooperation with oilfield services company Schlumberger (SLB). IDC had previously commenced operations at […]
Another Iraqi Oilfield Attacked by Drone
By John Lee. The Kurdistan Regional Government's Ministry of Natural Resources has confirmed reports of another attack on oil facilities in Northern Iraq. According to a statement on Wednesday, the Ain Safni oil field in the Sheikhan district of Duhok Governorate was attacked by drone. Ain Sifni is operated by US-based Hunt Oil. The KRG […]