Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 21st November 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 2,257.0 0.7% 45.2% RSISX USD Index […]
Putin discusses Oil Prices with Iraqi PM
By John Lee. Prime Minister Mohammed S. Al-Sudani received a phone call today, Thursday, from the President of the Russian Federation, Vladimir Putin. According to the Media Office of the Prime Minister, the phone call touched on energy-related matters, "highlighting the importance of coordination among all concerned countries within OPEC and the OPEC+ group to […]
New Iraq Oil Exploration Venture
By John Lee. Canada's Sonoro Energy has announced the signing of a Heads of Agreement ("HOA") with TransAtlantic Petroleum LLC, a privately owned energy company headquartered in Dallas, Texas, to evaluate production investment opportunities in Iraq. Sonoro is chaired by Sara Akbar (pictured), co-founder of Kuwait Energy Company (KEC), which has had interests in Iraqi […]
US Business Delegation visits Kurdistan Region
By John Lee. KRG Prime Minister Masrour Barzani recently received a delegation from the United States-Kurdistan Business Council (USKBC), led by its President, David Tafuri. The KRG said in a statement: "David Tafuri congratulated the Kurdistan Region for holding a successful and democratic parliamentary elections last month. He reiterated the USKBC mission to support and […]
Turkish Business Delegation meets with Iraqi PM
By John Lee. Prime Minister Mohammed S. Al-Sudani met the Turkish Minister of Trade, Mr. Omer Bolat, in Baghdad on Monday. The Minister is visiting Iraq with a delegation of approximately 150 businesspeople from the Turkish Exporters Assembly and the Turkish Contractors Association. The visit includes stops in Baghdad and Basra as part of a […]
Iraqi PM launches first National Census since 1987
By John Lee. As Iraq enters curfew for the two-day duration of its long-awaited census, Prime Minister Mohammed S. Al-Sudani made the following points in a speech marking the event: A significant developmental and civilizational milestone begins tomorrow with the commencement of the general population and housing census, marking 37 years since the last comprehensive […]
IBBC Education Conference to address Iraq's Higher Education Strategy
From the Iraq Britain Business Council (IBBC): IBBC education conference to address Iraq's higher education strategy in skills and training. Education is becoming a significant topic in Iraq as the economy diversifies and expands, the country modernises and raises its economic ambitions and realises the potential of its growing youth population. Demography is driving the […]
How Supply Chains fuel Transnational Conflict in the Middle East
By Hayder Al-Shakeri and Dr Renad Mansour, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How supply chains fuel transnational conflict in the Middle East Transnational conflict in the Middle East is fuelled by both 'legal' and 'illegal' trade. Mapping these […]
FULL DETAILS: Japan signs $388m Loan for Basrah Refinery Upgrade
By John Lee. The Japan International Cooperation Agency (JICA) signed a $388-million loan agreement with Iraq on Sunday, to provide Japanese ODA loan for the sixth phase of the Basrah Refinery Upgrading Project. In a statement, JICA said: "This project aims to improve the quality and productivity of petroleum products, reduce the supply-demand gap, decrease […]
UNDP publishes Key Iraq Development Documents
By John Lee. The United Nations Development Programme (UNDP) has published advance documentation ahead of its First Regular Session 2025, scheduled to be held from 27th to 31st January, 2025. The following documents are advance copies subject to change in the final versions: Draft country programme document for Iraq (2025-2029) Evaluation Plan, guiding the strategic […]
US Firm updates Iraq Development Management System (IDMS)
By John Lee. The Iraqi Ministry of Planning organized a workshop to discuss updates and enhancements to the Iraq Development Management System (IDMS). Sief Falah Hassan, head of the Office Monitoring and Project Management Department, highlighted that the system integrates various components, including international cooperation, proposed and approved projects, a comprehensive project bank, national development […]