Iraq to produce Solar Panels
By John Lee. The Al-Zawraa General Company, part of Iraq's Ministry of Industry and Minerals, has unveiled plans to establish an integrated and advanced manufacturing plant for solar panels, with an annual production capacity of 750 megawatts - supporting the government's drive toward clean energy. Director General Eng. Muhannad Jabbar Alwan highlighted the company's significant […]
Oman Airports signs Partnership with Karbala Int'l Airport Investor
By John Lee. Oman Airports has signed a strategic partnership agreement with Taiba Karbala, the investor behind the Karbala International Airport project. The agreement covers the preparation, equipping, and initial operation of Karbala International Airport, one of Iraq's key aviation infrastructure projects. The agreement was signed by Oman's Minister of Transport, Communications, and Information Technology […]
First Batch of Aluminium Castings following Iraq Plant Upgrade
By John Lee. The General Company for Mining Industries, part of Iraq's Ministry of Industry and Minerals, has announced the successful completion of rehabilitation and modernization work at its aluminium casting plant, in partnership with the private sector. According to Director General Eng. Ahmed Faleh Ali, the upgraded facility will initially produce 250 tonnes of […]
First Sulphur Shipment from Halfaya Field
By John Lee. Missan Oil Company has successfully transported its first sulphur shipment, weighing 80 tons, from the Halfaya oil field to its sulfur storage facilities located north of the Bazargan field. Hussein Kazem Laibi, Director-General of Missan Oil Company, explained that the Halfaya field produces around 20 tons of sulphur daily via its Sulphur […]
AAA Holding Completes Acquisition of Phosphate Fertiliser Project
From AAA Holding Group. AAA Holding Group Completes Acquisition of 45% Stake in Phosphate Fertiliser Project in Basra We are proud to announce that AAA Holding Group has successfully completed the acquisition of an additional 45% stake in the Phosphate Fertiliser Project in Basra, following the purchase of shares from existing stakeholders. With this strategic […]
Chinese Firm signs MoUs for Iraq Petrochemical Projects
By John Lee. Iraq's Minister of Industry and Minerals, Prof. Eng. Khaled Battal Al-Najm, alongside the Governor of Karbala, oversaw the signing of three memorandums of understanding (MoUs) for strategic projects in Karbala Industrial City during an official visit to the province on Saturday. The agreements were signed between Al-Yusra Industrial, the developer of Karbala […]
Baghdad / Erbil / APIKUR Meeting "Collapses Before Takeoff"
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tripartite Energy Meeting Collapses Before Takeoff According to a source from Iraq's Oil Ministry, the Iraqi side informed participants of the decision just hours before the meeting was due to begin, offering no new […]
PM highlights Cybersecurity and Protection of Financial Applications
By John Lee. Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mohammed S. Al-Sudani, inaugurated the 13th Security, Defense, Military Industries, and Cybersecurity Exhibition in Baghdad on Saturday, an event featuring 155 companies from 24 countries, including 65 Iraqi firms. The exhibition offers a platform for showcasing advanced defence, surveillance, and cybersecurity technologies while […]
Cihan Group Wins Lubricants Deal for Kurdistan Region
By John Lee. A formal signing ceremony has been held in Dubai to mark the launch of a partnership between France's TotalEnergies and Erbil-based Cihan Group, which has now become the authorised supplier of the company's motor oils and lubricants in the Kurdistan Region of Iraq. According to a statement from Cihan, the agreement aims […]
Conference on Expansion and Modernisation of Iraqi Rail
By John Lee. The General Company for Iraqi Railways held a conference on Tuesday evening focused on the expansion and modernisation of Iraq's railway network. The event was attended by the company's Director-General, Dr. Maki Jabir Nasser, representatives from Italian consultancy firm BTP, and international specialised companies participating virtually. During the conference, Dr. Nasser, alongside […]
Rixos Hotels discusses Development in Iraq
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met on Thursday with Mr. Fettah Tamince, Chairman of Turkiye's Rixos Hotels Group, to discuss the growing investment opportunities in Iraq's tourism sector. Prime Minister Al-Sudani stressed that ongoing development efforts across various sectors have laid the groundwork for numerous investment opportunities, particularly in tourism. He […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 17th April 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 2,350.2 3.6% 4.5% RSISX USD Index […]