Al-Siniya Refinery Increases Capacity
By John Lee. The North Refineries Company (NRC) has announced a 20,000-barrel-per-day (bpd) increase in production capacity at the Al-Siniya refinery, raising its output to 50,000 bpd. Director General Adnan Mohammed Hamoud highlighted that the project was completed within six months, with the operation of two new production units, each adding 10,000 bpd. The refinery's […]
New Company Registration Directorate Opens in Baghdad
By John Lee. The new headquarters of the Company Registration Directorate, part of the Ministry of Trade, was opened in Baghdad on Saturday by Prime Minister Mohammed S. Al-Sudani. The event marked what his office described as a significant step in the government's ongoing initiative to modernise institutional operations and align them with modern technological […]
Araqat Al-Usool wins Water Contract
By John Lee. Araqat Al-Usool has won a contract with the United Nations Development Programme (UNDP) for the "Supply and installation of old Sumum water, Salahaldin." Contract value is stated as $462,289.29. (Source: UNGM)
Handicap International reviews Disability Legislation in Iraqi Kurdistan
By John Lee. Handicap International (HI) has published a positioning paper on the recent disability legislation in Kurdistan Region of Iraq (KRI) (Law No. 8 of 2021). The paper was developed by HI's local partner, Sheyaw NGO, as part of the "Promoting Effective and Active Civic Engagement among persons with disabilities in Iraq (PEACE)" project. […]
Contract Awarded for Rehabilitation of Sports Club
By John Lee. Baher Alshamal has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation of Al- Sherqat Sports Club, Sherqat District, Salah Al-Din Governorate" Contract value is stated as $258,092.02. (Source: UNGM)
Iraqi Cabinet Declines Sovereign Guarantee for Rail Project
By John Lee. The Iraqi Cabinet has blocked a proposal to provide a sovereign guarantee for a rail project. A statement issued on Thursday evening through the Media Office of the Prime Minister stated: "Based on the investigation results issued by the investigative team of the Commission of Integrity regarding the partnership contract concluded between […]
Does Iraq have a Digital Economy?
Does Iraq Have A Digital Economy? In a world constantly advancing technologically and emphasizing the importance of digital skills, Iraq has begun its journey toward digital transformation. The country is gradually building its infrastructure and enacting laws and regulations to reflect current technological changes. As Iraq embarks on this path, it is crucial to assess […]
Aswar Al-Dammam wins UNDP Contract
By John Lee. Fallujah-based Aswar Al-Dammam has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation 11- Gludiat 200m3/hr. in Dujail -Salahdien Governorate ... The scope includes Civil, Electrical and Mechanical works." Contract value is stated as $185,849.15. (Source: UNGM)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th December 2024). 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 2,186.9 -1.3% 40.7% RSISX USD Index […]
How can Iraq Boost Job Growth?
By Prof. Frank R Gunter for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How can Iraq boost job growth? Iraq is running out of time. The most serious challenge facing the country is the rapid growth in the number of […]
Iraq's Elites "view Syria with Consternation"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's fractured elites view Syria with consternation as HTS takes charge In the wake of former Syrian leader Bashar Al-Assad's downfall, Iraqi Shiite political elites are now coming to terms with a radical […]
UNDP awards Contract for Water Pipeline for Aqaulla
By John Lee. Nasem AlNakhell Company for General Contracting has won a contract with the United Nations Development Programme (UNDP) for an "Extension water pipeline for Aqaulla village." Contract value is stated as $425,135.79. (Source: UNGM)