KRG "Mandates ACI Standards For Investment Projects"
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region Mandates International ACI Standards For Investment Projects The KRG has issued a new directive requiring all investment and construction projects to comply with American Concrete Institute (ACI) standards Click here to read […]
Iraq's 14 New Cabinet Ministers
By John Lee. Iraq's parliament on Thursday approved the government programme of Prime Minister-designate Ali al-Zaidi and confirmed 14 of his ministerial nominees, ending months of political deadlock following the November general election. Parliament Speaker Haibet al-Halbousi opened the session with 270 of 329 lawmakers present. The 14 ministers approved were: Foreign Affairs: Fuad Hussein […]
Competing Interests Threaten Iraq's Resource Diversification
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Competing Interests Threaten to Undermine Iraq's Resource Diversification Iraq's significant mineral riches remain woefully untapped, with hydrocarbons continuing to dominate Iraq's export-driven economy. As it stands, oil accounts for over 99% of the […]
Kent Imaging and Roots Pharma in Regional Distribution Deal
By John Lee. Canadian-based Kent Imaging and Kuwait's Roots Pharmaceutical Company W.L.L. have reportedly signed a distribution agreement making Roots the authorised distributor of Kent's SnapshotNIR near-infrared imaging device across Iraq and the Gulf Cooperation Council (GCC). SnapshotNIR provides real-time, non-contact imaging of tissue oxygen saturation and related markers, and is designed to support wound […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 14th May 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 2,663.0 -3.0% 4.2% USD-RSISX 2,618.5 -3.0% 4.2% […]
Iraq Development Plan Allocates $65bn to Private Sector
By John Lee. A spokesman for the Ministry of Planning has told the state-run Iraqi News Agency (INA) that poverty has declined from 22 to 17 percent and unemployment from 16 to 13 percent in recent years, attributing the improvement to government measures and private-sector cooperation. Abd al-Zahra al-Hindawi added that the private sector is […]
Eni Reports Production Growth in Iraq for 2025
By John Lee. Italy's Eni increased its hydrocarbon production in Iraq in 2025, with liquids rising from 10 to 11 million barrels (mmbbl), natural gas from 25 to 30 billion cubic feet (bcf), and total hydrocarbons from 15 to 17 million barrels of oil equivalent (mmboe). According to its latest Annual Report, activity centred on […]
Innovation Competition comes to Zakho
By John Lee. The Falling Walls Lab competition is to be held in the Kurdistan Region of Iraq in July, giving students and early-career researchers the opportunity to pitch innovative ideas in a three-minute presentation format. The event is organised by Open Space Academy and will take place at Zakho Castle in Zakho, Duhok Governorate, […]
Switzerland seeks Stronger Economic Ties with Iraq
By John Lee. Swiss President Guy Parmelin has sent a congratulatory message to Iraq's new President Nizar Amedi, delivered by Switzerland's ambassador to Iraq, Daniel Hunn, during a meeting at Baghdad Palace in Baghdad. In his message, President Parmelin congratulated President Amedi on assuming office and wished him success in his responsibilities, noting the significant […]
Google Gemini Named as Tech Sponsor of Iraqi Football Team
By John Lee. Google Gemini has been named the official technology sponsor of Iraq's national football team. The partnership aims to use AI to enhance fan engagement and modernise the supporter experience. Under the agreement, a series of fan-focused activations powered by Google Gemini will be launched over the coming three months. These include: A […]
Talk of Secret Israeli Base Rocks Iraq, "Sudani Seen as Main Victim"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. As talk of secret Israeli base rocks Iraq, Sudani seen as main victim In Iraq, officials are trading accusations after US media reports claiming that Israel has operated a clandestine base in the […]
Iraq Banking Sector Reform: Second Phase Under Way
By John Lee. The Central Bank of Iraq (CBI) has confirmed that implementation of its banking sector reform programme is continuing, with Iraqi banks working to complete the requirements of the second phase, which focuses on raising compliance and governance standards, improving transparency, and enhancing institutional performance. It said the programme aims to support financial […]