Iraq and ACWA advance Najaf Solar Power Plant
By John Lee. Minister of Electricity Ziyad Ali Fadel held what he described as a productive meeting with representatives of ACWA Power of Saudi Arabia, one of the world's leading renewable energy companies, to finalise contracting procedures for the establishment of a 1,000-megawatt solar power plant in Najaf. The two sides agreed on a roadmap […]
APIKUR Criticises Baghdad Oil Pipeline Engagement
By John Lee. Representatives of the Association of the Petroleum Industry of Kurdistan (APIKUR) and other international oil companies met with Iraqi and Kurdish officials on 20th April to discuss restarting oil exports via the Iraq-Türkiye Pipeline, but according to a statement from APIKUR on Sunday, no agreement was reached. The trade body said its […]
World Bank and IMF meet with Iraqi Finance Minister, Central Bank
By John Lee. Iraqi Finance Minister, Mrs Taif Sami Mohammed, along with the Governor of the Central Bank of Iraq (CBI), Dr Ali Al-Alaq, participated in the Annual Spring Meetings of the World Bank and the International Monetary Fund (IMF), held in Washington from 20-23 April 2025. The discussions focused on global economic challenges, financial […]
Swiss Firm to build Grain Silo in Kirkuk
By John Lee. Iraq's Minister of Trade, Dr Atheer Dawood Al-Ghurairi, laid the foundation stone on Thursday for a new modern grain silo in Kirkuk province, with a storage capacity of 60,000 tonnes. The project forms part of the Ministry's infrastructure development strategy to support the agricultural sector and increase national storage capacity. Speaking at […]
EBRD Enables Expansion into Iraq
By John Lee. The European Bank for Reconstruction and Development (EBRD) has amended its statutes, enabling it to expand operations into sub-Saharan Africa and Iraq. According to a statement from the bank, this pivotal change redefines the Bank's geographic remit and follows approval by its Board of Governors in 2023. The amendment will formally take […]
Iraq Announces Talent Scholarship Program to Int'l Universities
By John Lee. Iraq's Minister of Higher Education and Scientific Research has announced the Talent Scholarship Program for the academic year 2025/2026 at advanced international universities. Dr. Naeem Abd Yaser Al-Aboudi emphasized that the Ministry has taken steps to secure the necessary financial requirements and communicate with foreign universities. According to a statement, he directed […]
Ur Tourist City Projects Advance
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani visited the historic Ur Tourist City in Dhi Qar Province on Sunday, inspecting both the ancient Sumerian open-air theater and ongoing tourism projects launched during his previous visit last August. Al-Sudani reaffirmed the government's commitment to advancing development and tourism initiatives, citing positive public support and […]
WFP Iraq Country Brief, March 2025
In Numbers 15,276 people assisted USD 523,444 in cash-based transfers made USD 14.9 million six months (April - September 2025) net funding requirements Operational Updates General Food Assistance WFP provided e-vouchers to over 4,000 resident beneficiaries (1,186 households) in the Al-Amal Rehabilitation Centre (formerly Jed'ah 1 Centre) in Ninewa Governorate. Additionally, WFP provided cash assistance […]
"Positions Jockeyed" in Iraq as Sudani announces Electoral Bid
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Positions jockeyed in Iraq as Sudani announces electoral bid Prime Minister Muhammad Shia' Al-Sudani has officially declared his intention to run in Iraq's upcoming parliamentary elections. With Sudani's intentions clearer, and with the […]
Iraqi Drilling Company Completes 13 New Wells
By John Lee. The Iraqi Drilling Company (IDC) has announced the successful drilling of 13 new oil wells and the rehabilitation of 53 others across various oilfields, covering the period from January to 21st April 2025. According to IDC's Director General, Engineer Hassan Mohammed Hassan, the achievement reflects the technical and engineering capabilities of the […]
Iraq's Path to Energy Security is Taking Shape
By James Durso for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Path to Energy Security is Taking Shape Iraq is moving to achieve energy security by diversifying its energy sources and reducing reliance on imports of Iranian electricity and natural gas. […]
Iraq Election: Major Shiite Parties to Run Separately
By Bridget Toomey, for the Foundation for Defense of Democracies (FDD). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Major Shiite parties to run separately in Iraq's November election amid disagreements The Coordination Framework, the ruling Shiite alliance in Iraq, announced its intention for parties to […]