New Bridge Opens in Diwaniyah
By John Lee. The Ministry of Construction, Housing, and Municipalities has opened the Sayyid Mohammed Mohammed Sadiq Al-Sadr Bridge in Diwaniyah, improving connectivity and traffic flow within the city. The bridge, inaugurated by the Director General of Roads and Bridges Hussein Jassim Kadhim in the presence of Diwaniyah Governor Abbas Al-Zamili, has a total length […]
Cooperation Agreement to Support Engineering Sector Development
By John Lee. Iraq's Building Research Directorate, has signed a memorandum of cooperation with the Iraqi Engineers Union (IEU) to strengthen collaboration across the engineering sector. The agreement was signed by Director General Hussein Faraj Al-Hassnawi and Engineers Union President Dhulfiqar Houshi, focusing on expanding joint work in research, training, and knowledge exchange. Key areas of […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 16th April 2026. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,755.5 -0.1% 7.8% USD-RSISX 2,709.4 -0.1% 7.8% […]
IMF sees Short-Term Iraq GDP Slump, then Recovery
By John Lee. The International Monetary Fund (IMF) has revised its forecasts, considering the ongoing conflict in the Middle East. According to its latest World Economic Outlook, it forecasts a 6.8-percent contraction in Iraq's GDP this year due to regional conflict, oil export disruptions, and potential infrastructure damage. For 2027, it expects a dramatic recovery […]
"Deleting the Zeros": What Iraq Actually Said, and What It Means for Your Investment
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. "Deleting the Zeros" -- What Iraq Actually Said, and What It Means for Your Investment Few phrases in the Iraqi dinar speculation world generate more excitement than "deleting the zeros." It surfaces in […]
Half Tonne of Gold Imported via Baghdad Airport in 2 Days
By John Lee. More than half a tonne of imported gold has entered Iraq via Baghdad International Airport (BIAP) over the past two days, according to the Ministry of Planning. The shipments, comprising jewellery and bullion, totalled approximately 300 consignments. The Ministry stated that inspection and hallmarking procedures are being carried out continuously to facilitate […]
Iraq, UK discuss Increasing Trade
From the Iraq Britain Business Council (IBBC): Ambassador of the Republic of Iraq to the United Kingdom Meets UK Minister of State for Trade The Ambassador of the Republic of Iraq to the United Kingdom, Dr Salih Husain Ali Al-Tamimi, met with Sir Chris Bryant, Minister of State for Trade, at the Department for Business […]
Tankers en Route to Load Iraqi Crude
By John Lee. According to Reuters, two tankers entered the Persian Gulf on Wednesday en route to Iraq: The Alicia, capable of carrying 2 million barrels of oil, is reportedly heading to Iraq to load a cargo on Thursday; The Malta-flagged Agios Fanourios I is said to be heading to Iraq to load Basra crude […]
State Cement Company Reports Increased Output
By John Lee. The Iraqi State Company for Cement, part of the Ministry of Industry and Minerals, has reported strong production and sales performance for February, supported by stable operations across its plants. Total production exceeded 676,000 tonnes of various cement types during the month, while sales reached more than 664,000 tonnes, helping to meet […]
Ibn Omar Gas Project to Begin Operations by End-April
By John Lee. The accelerated gas investment project at the Nahr Bin Omar field is scheduled to enter operational service by the end of April, according to Iraq's Ministry of Oil. The project, part of efforts to increase utilisation of associated gas and reduce flaring, will deliver additional supplies of dry gas, liquefied petroleum gas […]
$10m Reward for Information on KH Leader
By John Lee. Rewards for Justice (RFJ), the US Department of State's national security rewards program, has offered a reward of up to $10 million for information on the leader of Kata'ib Hizballah (KH), Ahmad al-Hamidawi. The Department of State designated al-Hamidawi as a Specially Designated Global Terrorist (SDGT) in 2020. Full statement from Rewards […]
Iraq Reports Partial Recovery in Maritime Traffic
By John Lee. According to a statement today (Wednesday) from Iraq's Ministry of Trade, the reopening of the Strait of Hormuz has led to a gradual recovery in maritime traffic, although activity remains below normal levels amid continued geopolitical uncertainty. It says early signs of improvement have been observed in trade flows, particularly in energy […]