New Women's Protection Center Opens in Diwaniyah
From the United Nations Population Fund (UNFPA). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. New Women's Protection Center Opens in Diwaniyah with Support from UNFPA and the Government of France A new Women's Protection Center has officially opened its doors in Diwaniyah today, […]
Knights: "The Danger of Letting Iraq's PMF Authority Law Pass"
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Danger of Letting Iraq's PMF Authority Law Pass The Trump administration needs to quietly but firmly signal Baghdad that enshrining the militia umbrella group […]
Almas Group Logistics Supports China's Biggest Investors in Iraq
Almas Group Logistics Supports China's Biggest Investors in Iraq Iraq's industrial expansion is gaining momentum, and logistics plays a crucial role in making it happen. Almas Group Logistics, a leading Iraqi logistics company, recently facilitated the seamless transportation of 16 heavy machinery units from China to Iraq, supporting the construction of new factories that will […]
How Turkmenistan can help Iraq end its Energy Crisis
By Dr Ali Mamouri, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: How Turkmenistan can help Iraq end its energy crisis With growing energy needs and ongoing US pressure, now seems to be the right time for all involved […]
Idle Well Restarted at Ahdab using Horizontal Drilling
By John Lee. Midland Oil Company (MdOC) has successfully restarted a previously idle vertical oil well in the Ahdab field, using horizontal drilling technology. The operation was carried out in cooperation with Chinese partner Al-Waha Company. Al Waha describes itself as follows: "Al-Waha (Al-Waha petroleum company), a holding joint-ventured enterprise jointly capitalized by CNPC (China […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 10th 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 2,268.7 0.6% 0.9% RSISX USD Index […]
US calls for Release of Australian Businessman Jailed in Iraq
By John Lee. The United States has said it supports the release of an Australian businessman who has been in prison in Iraq for more than four years. In a statement on X, the US Special Presidential Envoy for Hostage Affairs said: "We stand with our Australian partners in calling for the release of Robert […]
Iraq signs MoUs for 27GW Electricity Projects with US Firms
By John Lee. Prime Minister Mohammed S. Al-Sudani oversaw the signing of three significant Memorandums of Understanding (MoUs) on Wednesday, two in the electricity sector and one to enhance commercial cooperation with the United States. The first MoU, signed with GE Vernova, outlines a strategic cooperation framework to develop combined-cycle gas power plants in Iraq, […]
Turkiye Wealth Fund, Iraq Development Fund sign MoU
By John Lee. A Memorandum of Understanding (MoU) has been signed between the Turkiye Wealth Fund and the Iraq Development Fund, marking what TWI describes as a significant step toward deepening economic cooperation between the two countries at the sovereign wealth fund level. The agreement aims to foster innovation-driven investments across priority sectors including energy, […]
Accelerated Development of Akkas Field - Ukrainian Firm Not Mentioned
By John Lee. The Council of Ministers has approved an accelerated plan to develop the Akkas gas field in Anbar as part of the government's strategy to advance the oil and gas sector. The project will be led by the state-owned Midland Oil Company (MdOC), with Schlumberger (SLB) implementing the first phase. The field is […]
Iraq Adjusts Import Policies for Agricultural Produce
By John Lee. Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein chaired the eleventh meeting of the Ministerial Council for Economy on 27 April 2025. The session was attended by senior officials including the Deputy Prime Minister and Minister of Planning, the Ministers of Finance, Agriculture, and Labour and Social Affairs, as well as […]
Iraq Approves Contract Adjustment for Kirkuk Refinery
By John Lee. Iraq's Council of Ministers has approved converting the contract model for the Kirkuk Refinery's Hydrogenation and Gasoline Improvement Unit (12,000 barrels per day) from a Build-Own-Operate (BOO) to a Build-Own-Operate-Transfer (BOOT) model. The processing fee for the project has been set at $23 per barrel. (Source: PMO)