Establishment Parties push for Contentious Electoral Reform
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Establishment parties in Iraq push to pass contentious electoral reform Iraq's parliament is close to passing a new electoral law seemingly geared to favor established parties over independents and political newcomers. The full […]
Minorities Protest Baghdad's Alcohol Ban as Unconstitutional
By Ali Mamouri for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. 'Iraq is not an Islamic country': Minorities protest Baghdad's alcohol ban as unconstitutional The Iraqi government's renewed effort to prohibit alcohol is not only worrisome for Christian and Yazidi […]
Amnesty: Iraqi Govt must Act on Human Rights
By Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: Government must match rhetoric on human rights with meaningful action The new government of Iraqi Prime Minister Mohammed Shia' al-Sudani must break with the failures of past governments related to justice, truth […]
UN's Guterres: Window of Opportunity to Achieve Progress in Iraq
The following is the text of UN Secretary-General António Guterres' video message to the Sulaimani Forum on Wednesday: I am pleased to greet the Sulaimani Forum, and thank you for advancing dialogue on the complex challenges facing Iraq and the broader Middle East region. We all recognize that these challenges did not arise overnight. They […]
Genel Energy issues Update on Oil Reserves
By John Lee. Genel Energy has issued an update on Thursday on the oil reserves across its portfolio. Working interest oil reserves (MMbbls) 1P 2P 3P 31 December 2021 62.6 104.2 136.6 Production (11.0) (11.0) (11.0) Technical revisions 17.3 (1.0) - 31 December 2022 68.9 92.2 125.6 International petroleum consultants DeGolyer and MacNaughton, working on […]
New Samawah Gas Depot Opened
By John Lee. The Samawah gas depot project in Al-Muthanna Governorate has been opened by Iraq's Minister of Oil, Hayan Abdul-Ghani. The project uses modern technology to provide a large part of the consumption and storage needs for liquid gas in the governorate. Anmar Ali Hussein, General Manager of the Gas Filling and Services Company, […]
Progress on Lifting EU Ban on Iraqi Airways
By John Lee. A meeting has been held in Dubai with a delegation from the European Aviation Safety Agency (EASA) and the Iraqi Civil Aviation Authority (ICAA) to discuss the procedures for lifting the European ban on Iraqi Airways. The Director General of Iraqi Airways stated that they have made important strides in completing the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th March 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Return RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 945.4 -0.7% 3.9% RSISX USD Index 929.6 […]
New Investment Opportunities in Iraqi Oil Refining
By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani, has announced several investment opportunities in the oil refining sector: Maysan Refinery [Missan Refinery], with capacity of 150,000 barrels per day (bpd); Qayyarah Refinery in Nineveh governorate, with a capacity of 70,000 bpd; A black oil hydrogenation project in Basra Governorate, with a capacity of 30,000 […]
Ban on IOCs in Iraqi Kurdistan "May be Lifted"
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Ban On IOCs In Iraqi Kurdistan May Be Lifted The recent signing by Iraq's federal government in Baghdad of three long-term oil and gas sector contracts with the UAE's Crescent […]
New Hospital Opens in Basra
By John Lee. The Prime Minister of Iraq, Muhammad Shia Al-Sudani, inaugurated the Al-Sayyab Teaching Hospital in Basra on Sunday. The hospital has a capacity of 492 beds and includes general medical specialties as well as specialized centers for kidney diseases and tumor treatment. During the opening, the Prime Minister emphasized that completing hospitals is […]
Hungary to Import Iraqi Dates?
By John Lee. The Director General of the General Company for Exhibitions and Trade Services at the Ministry of Trade in Iraq, Adel Al-Masoudi, met with the Hungarian Ambassador to Iraq, Attila Tarr, to discuss strengthening economic and trade relations between the two countries. They exchanged views on ways to enhance cooperation in political and […]