Karbala Reports Record Wheat Harvest
By John Lee. The Directorate of Agriculture in Karbala has announced the completion of the 2024-2025 wheat harvest and marketing campaign, reporting the highest yield in the province's history. According to a statement from the Directorate reported by the state-run Iraqi News Agency (INA), more than 305,000 tonnes of wheat have been delivered to the […]
NIC Grants 4 Renewable Energy Licences so far This Year
By John Lee. As part of government efforts to diversify Iraq's energy mix and reduce reliance on fossil fuels, the National Investment Commission (NIC) has awarded four major investment licences in the renewable energy sector during 2025. NIC Chairman Dr. Haider Mohammed Makkia [Makiyya] re-announced the licences on Wednesday, noting their alignment with Iraq's National […]
Needs and Vulnerabilities of Climate-Induced Migrants in Iraq
By John Lee. The International Organization for Migration (IOM) has published a new study titled, "Understanding the Needs and Vulnerabilities of Climate-Induced Migrants in Iraq -- Climate Vulnerability Assessment." It concludes: This study explores the living conditions of climate-induced migrants in their locations of displacement to understand their main needs and vulnerabilities. Considering the displacement […]
MEI: Iraq "tries to Assert State Authority during Crisis"
By Robert S. Ford for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq tries to assert state authority during crisis The Iraqi government has long navigated a path between maintaining political ties with its Iranian neighbor and Tehran's […]
Solar Power Initiative for Iraqi Health Centres
By John Lee. In a coordinated effort with the Ministry of Health, Iraq's National Investment Commission (NIC) has launched a pioneering initiative to equip health centres with solar power systems, marking a step toward expanding investment in critical public service sectors and accelerating the country's shift to renewable energy. The initiative was announced on Wednesday, […]
Iraqi Dinar Q&A: RV Prospects Two Weeks on from Airstrikes on Iran
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Q: Following your recent article on the Dinar Revaluation (RV) and Israeli Airstrikes on Iran, the situation in the region has progressed. What is your current assessment as it relates to the dinar […]
Iraq's Fragile Stability "is Threatened by a Shifting ME Order"
By Dr Renad Mansour, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's fragile stability is threatened by a shifting Middle Eastern order For the first time in recent memory, Iraq has found itself on the margins of a major Middle […]
New Iraqi TIR Route "a Game-Changer" for Europe-GCC Logistics
By John Lee. The opening of new Iraqi TIR corridors has enabled a dramatic reduction in transit times between Europe and the Gulf Cooperation Council (GCC), with journey durations cut from 24 days to just 10, according to a press release from the International Road Transport Union (IRU). Polish logistics company Milton Group recently completed […]
IMF: Iraq should Simplify Access to Foreign Exchange
By John Lee. The Central Bank of Iraq (CBI) has issued a press release claiming extensive praise from an International Monetary Fund (IMF) mission, led by Jean-Guillaume Poulain, following meetings from 4th to 13th of May, 2025. The CBI statement, widely reported in local and international press, cites the post-meeting report from the IMF, which […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 26th June 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 2,259.2 3.6% 0.4% RSISX USD Index […]
US Firm Wins $118m Iraq Defense Contract
By John Lee. Colorado-based Vectrus Systems LLC [V2X] has been awarded a $118,020,690 cost-plus-fixed-fee undefinitized contract action, for base support services in support of the Iraq F-16 program. This contract provides for base operating support, base life support, and security services. Work will be performed at Martyr BG Ali Flaih Air Base (formerly Balad Air Base), […]
Iraqi Dollar Smuggling 'Turns Regional'
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi dollar smuggling 'turns regional' amid high Iranian demand for greenbacks Iraq has recently been riled by reports of a multi-billion dollar cash smuggling scheme allegedly orchestrated by Iran and its allies. Apparently […]