Iraq's Oil Collapse Sparks Race for New Export Routes
By Simon Watkins 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 Oil Collapse Sparks Race for New Export Routes April was indeed the cruellest month for decades for Iraq's crude oil production, with an average of 1.389 million barrels per day […]
Iraq's "Swiss dinar" still lives on in Kurdistan Livestock Markets
From Shafaq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's "Swiss dinar" still lives in Kurdistan livestock markets More than 35 years after Iraq's old "Swiss dinar" disappeared from circulation, livestock traders across the Kurdistan Region still use the former currency as the […]
Iraq Issues 124 Industrial Project Licences in March
By John Lee. Iraq's General Directorate of Industrial Development, a division of the Ministry of Industry and Minerals, issued 124 preliminary licences for new industrial projects in March. The licences covered multiple industrial sectors and were distributed across several governorates. Baghdad led with 30 licences, followed by Basra and Nineveh with 18 each, and Anbar […]
New Oversight Framework for Iraq's Securities Brokers
By John Lee. The Iraq Securities Commission (ISC) has issued a circular to all brokerage companies requiring the adoption of a new risk-based supervisory guide covering the institutional framework and core elements of risk-based oversight and supervision. It says the measure is in line with recommendations from the Financial Action Task Force (FATF) and forms […]
Iraq Cuts Diesel Price for Private Generator Operators
By John Lee. Iraq's Council of Ministers has approved a scheme to supply private generator owners with gas oil at a subsidised price of IQD 200 per litre (approximately $0.15), down from IQD 400 per litre ($0.31), for the next three months. Under the scheme, operators will receive 40 litres per month for each KVA […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 25th May 2026. Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed starting from May 26, 2026 (Tuesday) to May 28, 2026 (Thursday) due to the religious holiday of Eid Al-Adha. […]
Iraqi Airways Signs Transport Agreement with Football Federation
By John Lee. A co-operation and transport agreement has been signed between Iraqi Airways and the Iraqi Football Association (IFA) to support national teams during international competitions. The agreement was signed by Iraqi Airways Director General Manaf Abdul Moneim Ajil and Iraqi Football Association President Captain Adnan Darjal, under the auspices of Transport Minister Wahab […]
Enhancing the Business Capacity of MSMEs in Nineveh
By John Lee. Al Qaf Company has won a contract with the International Labour Organization (ILO) for: "Enhancing the Business Capacity of MSMEs through Non-Financial Services under the ILO PROSPECTS Project - Ninewa Phase II." Ref: rfx_4705_HQ. The contract value was not disclosed. According to ILO: "The International Labour Organization (ILO) is seeking qualified Business […]
UNDP Awards Iraq Contracts
By John Lee. The United Nations Development Programme (UNDP) has awarded several contracts in Iraq: Al-Chibaish Organization for Environment Tourism won a contract to build "the Social and Human Foundations for Ecosystem-Based Adaptation in Marshland Communities of the Central Marshes- IQD 124,950,000." Ref: UNDP-IRQ-02027. Contract value is stated as $95,381.83. Emaar Ardh Al Nakheel for Contracting […]
Slovak Republic Providing Grants for Development
By John Lee. The Slovak Agency for International Development Cooperation (SlovakAid, SAIDC) has launched the Call for Proposals for Small Grants for Lebanon and Iraq for 2026. Project proposals must be submitted both electronically and in hard copy: electronically by email to [email protected] in hard copy to the Embassy of the Slovak Republic in Beirut: […]
Expansion of Electronic Services via Iraq's "Ur" Portal
By John Lee. A number of new electronic forms have been added to the "Ur" government services portal, covering several of its internal departments. According to the Iraqi Cabinet, the new forms cover the following services: Survey on services provided by the Iraqi consulate (Department of Ceremonies) Assessment form for Iraq's competitiveness report on global […]
ISX Listings Update: Insurance Firm In, Poultry Company Out
By John Lee. According to the Iraq Securities Commission (ISC), its board resolved the following at its fifth session, held on 12th May: The shares of Al-Qabas Insurance Company were approved for listing, deposit and trading on the Iraq Stock Exchange's non-listed companies platform (OTC). The shares of Al-Reebas Poultry and Feed Company were approved […]