Iraq Airspace Closure "Costs $43m"
From Shafaq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq airspace closure costs $43 million during US-Israel war on Iran Iraq's aviation sector has lost nearly $43 million since authorities shut the country's airspace following the outbreak of the US-Israeli war on Iran […]
Najaf Seismic Programme Completed Ahead of Schedule
By John Lee. The Iraq Oil Exploration Company has completed a two-dimensional seismic survey programme for the Al-Qurnain exploration project in Najaf province, aimed at expanding Iraq's geological database and supporting future oil and gas discoveries. The project forms part of efforts by the Ministry of Oil to strengthen hydrocarbon exploration activities and increase the […]
Iraq issues Media Restrictions on Security Incidents
By John Lee. The Ministry of Interior has issued new guidelines restricting the publication and circulation of images and information related to security incidents, citing the need to protect sensitive locations and maintain stability. The ministry called on media organisations and the public to comply fully with official instructions and to act responsibly in handling ongoing […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: [INSERT]. Please click here to view a table of listed companies and their associated ticker codes. Note: ISX is closed from Mar. 18 to Mar. 23, 2026 due to the Eid Al-Fitr holiday. Trading will resume on Mar. 24, 2026 (Tuesday). Rabee […]
Webinar: Will US-Israel war on Iran Destabilise Iraq?
From Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will the US-Israel war on Iran destabilise Iraq? This webinar will examine how cross-border movements and fragile political structures raise the stakes for Iraq's stability. Chair: Dr Renad Mansour Speakers: Dr Zmkan Ali […]
GKP Shares Rise following Results Statement
By John Lee. Shares in Gulf Keystone Petroleum (LSE: GKP) were trading up more than 5 percent on Thursday after the company published its 2025 Full Year Results; they have risen more than 16 percent in the past week. Full statement from GKP: 2025 Full Year Results Announcement Gulf Keystone, a leading independent operator and producer […]
Kirkuk Oil Exports Resume via Ceyhan Port
By John Lee. The Ministry of Oil has announced the resumption of crude oil pumping and exports from Kirkuk through Türkiye's Ceyhan port, with an initial export capacity of 250,000 barrels per day (bpd). The restart follows an agreement between the federal government and the Kurdistan Regional Government (KRG), enabling the reactivation of a key export […]
Is the Dinar Your Retirement Plan?
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Payroll Cliff: Why the Dinar Can't Be Your Retirement Plan For two decades, promoters of the Iraqi dinar as an investment have pointed to the country's oil wealth and whispered of an […]
Iraq Signs Contracts to Export Oil via Syria, Jordan, Turkey
By John Lee. Iraq's Ministry of Oil has confirmed steps to export oil and oil derivatives via Turkey, Jordan and Syria. According to the state-run Iraqi News Agency (INA), Deputy Minister for Extraction Affairs Bassem Mohammed Khudair said that the State Oil Marketing Organization (SOMO) has begun signing contracts with international carriers and buyers to export […]
Genel Energy issues Full-Year Results
By John Lee. Genel Energy has issued its audited results for the year ended 31 December 2025. Full statement from Genel Energy: Audited results for the year ended 31 December 2025 Genel Energy plc ('Genel' or 'the Company') announces its audited results for the year ended 31 December 2025. Paul Weir, Chief Executive of Genel, […]
Iranian Gas Supplies to Iraq Halted, 3,100 MW Lost
By John Lee. The Ministry of Electricity has announced a complete cessation in Iranian gas supplies to Iraq, resulting in the loss of approximately 3,100 megawatts of power generation capacity. Ministry spokesman Ahmed Mousa told the state-run Iraqi News Agency (INA) that the disruption resulted from developments in the region and had an immediate impact on […]
S&P puts Iraq on "CreditWatch Negative"
By John Lee. S&P Global Ratings has placed its 'B-' long-term sovereign credit ratings on Iraq on CreditWatch with negative implications. It affirmed 'B' short-term foreign and local currency ratings and 'B-' transfer and convertibility assessment. It added: "The CreditWatch negative reflects the risk of a downgrade for Iraq due to a sharp fall in oil […]