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 […]
CBI Launches Programme to Boost Youth Entrepreneurship
By John Lee. The Central Bank of Iraq (CBI) has launched the "Knights" [Al Fursan] programme, a locally-developed initiative aimed at fostering youth entrepreneurship and supporting the private sector's role in national economic development. The launch event, held at the CBI's headquarters on 25 June 2025, was attended by Governor Ali Mohsen Al-Allaq, who emphasised […]
Full Infrastructure Rollout for New Al-Sadr City Project
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Wednesday of the High Committee overseeing the New Al-Sadr City Project in Tuzai, issuing directives to implement all infrastructure components alongside the residential construction phases. The meeting reviewed progress following the launch of service infrastructure works and examined the most efficient economic […]
$62m Automotive Service Industrial Complex Completed in Duhok
By John Lee. A major new Automotive Service Industrial Complex has been completed in Duhok at a cost of $62 million [81 billion Iraqi dinars]. Covering 679,000 square metres, the complex includes six zones, 2,378 industrial units, and 30,000 square metres of green space. The development also features 15-metre-wide internal roads to ensure smooth traffic […]