Federation Council to help address Iraq's 'State' Crisis?
By Mustafa Hamza Mustafa, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can the Federation Council help address Iraq's ongoing 'state' crisis? Article 65 of Iraq's 2005 Constitution calls for the establishment of a second legislative chamber known as the Federation […]
Iraq responds to Wye Oak petition in US Supreme Court
By John Lee. The Republic of Iraq has responded to a petition from American defense contractor Wye Oak Technology, which had petitioned the U.S. Supreme Court to review its long-running legal dispute with Iraq. The case stems from a ruling by the U.S. Court of Appeals for the District of Columbia Circuit in July 2024, […]
Int'l Health and Safety Passport delivered in Iraq for first time
By John Lee. The first Iraqi cohort to complete the Engineering Construction Industry Training Board's International Health and Safety Passport (IHSP) have been presented with their certificates. The 15 learners completed the IHSP Foundation course as part of a five-month pilot construction training programme at Basra Technical Training Centre (BTTC), developed by Wood Al Majal […]
Video: Iraq's $17bn Trade Corridor to Bypass the Suez Canal
By John Lee. The Wall Street Journal has produced a video documenting Iraq's proposed 740-mile trade route between Asia and Europe - the Development Road. Click here to view. (Source: WSJ)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 20th March 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 2,253.1 2.7% 0.2% RSISX USD Index […]
Iraq's PMF Law "Is No Substitute for Real Security Reform"
By Hamdi Malik and 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. Iraq's PMF Law Is No Substitute for Real Security Reform The Trump administration should not be duped by the supposed "reforms" that […]
Iraqi-Russian Anti-Corruption Agreement
By John Lee. Iraq's Federal Integrity Commission and Russia's Prosecutor General's Office have begun implementing their Memorandum of Understanding (MoU) on anti-corruption cooperation, focusing on asset recovery and international legal assistance. During a meeting with a Russian delegation, Dr. Mohammed Ali Al-Lami, Head of the Integrity Commission, emphasized the need to modernize anti-corruption mechanisms to […]
US pushes to Resume Oil Exports from Iraqi Kurdistan
By John Lee. The United States has pushed the Iraqi government to finalise an agreement with international oil companies (IOCs) to resume crude oil exports through the Iraq-Turkey Pipeline (ITP). At the daily press briefing on Wednesday, State Department spokesperson Tammy Bruce told reporters: "We're urging the Iraqi Government to reach an agreement ... with […]
Gulf Keystone shares rise on Full-Year Results
By John Lee. Gulf Keystone Petroleum (GKP) today announced its results for the full year ended 31 December 2024. Shares were trading up more than two percent at lunchtime. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "2024 was a year of strong operational and financial delivery for Gulf Keystone. We have sustained our […]
Chinese Firm Wins Iraq Gas Pipeline Project
By John Lee. Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China Petroleum Pipeline Engineering (CPP), with part of the work assigned to the State Company for Oil Projects (SCOP). The pipelines will run from the Majnoon, West Qurna-2, […]
Italian-Turkish consortium to build Iraq Offshore Pipeline
By John Lee. Iraq's Council of Ministers has approved the awarding of the Third Offshore Pipeline Completion Project tender to an Italian-Turkish consortium. Italy's Micoperi and Turkiye's ESTA Construction will be given 757 days to complete the project. Micoperi describes itself as a leading contractor in the oil and gas offshore business for more 70 […]
Iraq Launches $14m Infrastructure Projects in Sinjar, Nineveh
By John Lee. Iraq's Prime Minister Mohammed S. Al-Sudani has announced the launch of 14 infrastructure and rehabilitation projects in Sinjar and the Nineveh Plains, with a total budget of 18 billion IQD [$13.7 million]. These projects aim to rebuild roads and key infrastructure, supporting the return of internally displaced persons (IDPs). Funded by the […]