Maysan Refinery Capacity to Rise to 110,000 bpd
By John Lee. According to the Ministry of Oil, construction work on a new refinery unit at the Missan [Maysan] refinery is entering its final stages, with commissioning expected within days. The new unit will add a processing capacity of 70,000 barrels per day (bpd), bringing the refinery's total capacity to 110,000 bpd. The project […]
Basra-Haditha Crude Pipeline: Pipes May Be Imported
By John Lee. Iraq's Council of Ministers has amended Decision No. 1008 of 2024, which concerns the construction of the Basra-Haditha pipeline. According to a statement from the Prime Minister's Office, the amendment permits the General Company for Iron and Steel, part of the Ministry of Industry and Minerals, to adopt an external manufacturing route […]
Parliamentary Investment Cmte Meets Iraqi President
By John Lee. President Nzar Amedi received a delegation from the parliamentary Investment and Development Committee at the Palace of Peace in Baghdad on Wednesday. According to the Media Department of the Iraqi Presidency, the meeting covered two main areas: Ways to improve Iraq's investment environment, with the President stressing the importance of supporting economic […]
Tabaqchali: Market Continues to Rally, Boosted by Humongous Dividends
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Continues to Rally, Boosted by Humongous Dividends The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up 5.0% for […]
Iraq "Offers Steep Oil Price Cuts" to Lure Buyers via Hormuz
From Baird Maritime. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Offers Steep Oil Price Cuts to Lure Buyers into Strait of Hormuz Iraq has offered term buyers May-loading Basrah crude at steep discounts for loading inside the Strait of Hormuz, which has […]
Iraq Revises Wheat Pricing for New Agricultural Season
By John Lee. Iraq's Council of Ministers has approved revised purchase prices for wheat and a procurement plan for high-grade seeds for the 2025-2026 agricultural season, according to an official government statement. The approved wheat purchase prices are as follows: IQD 700,000 per tonne (approximately USD 534) for quantities within the agricultural plan IQD 500,000 […]
Commission Reports 181 Anti-Corruption Ops in February
By John Lee. The Iraqi Commission of Integrity has published statistics showing that its directorates and investigation offices conducted 181 operations across Iraq in February 2026, resulting in the apprehension of 168 suspects. The figures, broken down by governorate, are as follows: Kirkuk: 20 total operations, 9 apprehension operations, 9 suspects detained, 11 priority operations […]
Iraqi Kurdistan's New US Consulate
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraqi Kurdistan's new US consulate project strength or invite strikes? Amid much fanfare last December, Kurdistan Regional Government (KRG) officials inaugurated a new US consulate in the semi-autonomous region's capital Erbil. This […]
Social Safety Net pilot launched in Iraqi Kurdistan
From UNICEF. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Launch of Inclusive Social Safety Net pilot in the Kurdistan Region of Iraq Under the leadership of the Ministry of Labour and Social Affairs of the Kurdistan Regional of Government, UNHCR, UNICEF and the […]
WFP Iraq Country Brief, April 2026
WFP Iraq Country Brief, April 2026 (Reporting Period: February and March 2026) In Numbers 45,241 people assisted in February 2026 (53.6% female) 14,779 people assisted in March 2026 (58.7% female) USD 5.3M required in the next six months (April - September 2026) Key Highlights Iraq continues to face severe climate impacts, including salinization, desertification, reduced […]
Iraq Planning 21 Residential Cities
By John Lee. The Ministry of Construction and Housing has reportedly announced a comprehensive plan to extend infrastructure services to districts and sub-districts across Iraq, including the development of "more than 21" (sic) residential cities in various governorates. Nabil al-Saffar, spokesman for the ministry, told the state-run Iraqi News Agency (INA) that the plan covers […]
New Committee to Oversee Jordan-Iraq Transit Trade
By John Lee. A committee has been formed in Jordan to oversee and expedite transit trade, with a particular focus on goods destined for Iraq. According to Jordan's state-run Petra news agency, the committee will submit operational reports every three days on the movement of goods from the Port of Aqaba to their final destinations, and […]