Iraq to legislate a Trade Union Law
From the International Labour Organization (ILO): Iraq is moving forward to legislate a trade union law in accordance with international labour standards With the participation of a delegation from the International Labour Organization (ILO), and as a significant step towards aligning Iraq's Trade unions law with international labour standards, the Labour and Civil Society Institutions […]
Construction Begins on $69m Shaqlawa-Harir Road
By John Lee. The Kurdistan Regional Government (KRG) has announced that construction has begun on IQD 90-billion [$69-million] Shaqlawa-Harir road. The 10-km development will include two overpasses. Project Details: Overpasses: Shaqlawa Industrial Zone - improved worker access. Mirawa Tunnel - better village connectivity. Regional Impact: Connects Soran District to Erbil Governorate. Strengthens Kurdistan Region-Iran trade […]
Progress on Major Baghdad Sewer Projects
By John Lee. Iraq's Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Monday to oversee the progress of four major sewer projects in Abu Ghraib, Sabaa Al-Bour, Al-Wahda, and Al-Nahrawan, along with the Al-Rashidiya sewer project. The meeting included the Governor of Baghdad, senior officials, project managers, and contractor representatives. Al-Sudani reviewed project completion […]
Mindware to distribute VMware in Iraq
By John Lee. Mindware, a value-added distributor (VAD) in the Middle East and Africa, has entered a strategic partnership with VMware, a Broadcom company, to enhance digital transformation across Lebanon, Iraq, and Jordan. As part of this collaboration, Mindware will become an authorized distributor of VMware's comprehensive portfolio, including cutting-edge solutions in App Platform, Cloud […]
$480m Contract for Dora Thermal Power Plant
By John Lee. The Iraqi Council of Ministers has authorised the Ministry of Electricity to award and sign an EPC contract for the Dora [Doura] Thermal Power Plant project in Baghdad, valued at $480 million (excluding supervision and monitoring costs). As part of the agreement, the contractor will waive its claim to a sovereign payment […]
KRG Completes $43m Public Hospital in Amedi
By John Lee. The Kurdistan Regional Government (KRG) has completed a new $43-million hospital in Deraluk, Amedi district, Duhok, to serve 250,000+ residents. State-of-the-art facility spanning 250,000 sqm, featuring advanced medical technology. 100-bed capacity with a full range of specialist and emergency services. Medical services offered: Emergency & primary care Six operating rooms (major & […]
Iraq Expands Subsidised Shopping Centers
By John Lee. Prime Minister Mohammed S. Al-Sudani inaugurated the Taawon Hypermarket shopping center in Al-Bayaa, Baghdad, on Wednesday, offering food and goods at subsidised prices. Through a televised conference, he also launched five additional shopping centers in Al-Hurriya, Al-Salihiya, Al-Shaab, Palestine Street, and Jamila, alongside construction work for 23 similar projects in Baghdad and […]
Intensified Efforts to Contain Foot-and-Mouth Disease in Iraq
By John Lee. The Iraqi Ministry of Agriculture has said it has intensified its preventive measures to combat the spread of Foot-and-Mouth Disease (FMD) and protect the country's livestock. The campaign is being led by the Veterinary Directorate, under the supervision of Dr. Abbas Jabr Al-Maliki, Minister of Agriculture, and with direct oversight from Dr. […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 20th February 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 2,241.3 -0.4% -0.4% RSISX USD Index […]
Al-Rafidain Bank Launches $1.5bn National Bonds
By John Lee. In line with directives from the Ministry of Finance and the Central Bank of Iraq (CBI), Al-Rafidain Bank has announced the launch of the first issuance of national bonds worth IQD 2 trillion [$1.5 billion]. The issuance period runs from February 10 to March 10, 2025. The bonds are available in two […]
Iraq Reviews Implementation of UK Agreements following PM's Visit
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting on Wednesday to follow up on the outcomes of his recent official visit to the United Kingdom. The meeting assessed the progress of the Memorandums of Understanding (MoUs) signed during the visit and discussed mechanisms for their implementation. Al-Sudani emphasized the importance of activating […]
Iraq cuts off Internet Service to Korek Telecom
By John Lee. Iraq's Communications and Media Commission (CMC) has ordered the immediate suspension of internet services for Korek Telecom due to what it described as outstanding debts and continued violations. A statement from CMC said the decision aims to pressure the company into settling its financial obligations. The CMC has formally requested the Ministry […]