Umm Qasr Port Capacity to Rise 50% Under IFC Deal
By John Lee. The International Finance Corporation (IFC), a member of the World Bank Group, is investing in Aloreen Company for Investments Limited to finance new port equipment and expand capacity at Umm Qasr, Iraq's only deep-water port. The financing package will support the procurement of: Four ship-to-shore cranes; Ten rubber-tyred gantry cranes. The investment […]
If Trump Strikes Iran: Mapping the Oil Disruption Scenarios
By Clayton Seigle, for the Center for Strategic and International Studies (CSIS). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. If Trump Strikes Iran: Mapping the Oil Disruption Scenarios President Donald Trump has hinted at potential military strikes unless Iran agrees to fully abandon […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 26th February 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 2,571.5 -0.2% 0.6% USD-RSISX 2,528.5 -0.2% 0.6% […]
Central Bank Advances Iraqi Banking Reform, Eases Foreign Transactions
By John Lee. The Central Bank of Iraq (CBI) has announced completion of the principal phase of its comprehensive reform programme for commercial, Islamic and foreign bank branches operating in Iraq. According to the Bank, all Iraqi banks have submitted the required documentation under the "minimum requirements" framework, selecting one of three pathways: Continuing in […]
Investment Licence Granted for Addiction and Mental Health Hospital
By John Lee. The National Investment Commission (NIC) has granted an investment licence for what is described as Iraq's first private hospital dedicated to addiction treatment and mental health care. The licence was awarded for the "Ritaj Baghdad Health Educational Project", to be developed by Abraj Al-Ritaj Company. According to the Commission, the project will […]
Iraq announces Oil Exports for January
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for January 2026. Total exports of crude oil (including condensates): 107,616,220 barrels. Exports from the oil fields in central and southern Iraq amounted to 101,160,349 barrels. Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 6,455,871 barrels. Average […]
Dinar Weakness: CBI "Not Responsible"
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Central Bank denies responsibility for dollar exchange rate gap An official from the Central Bank of Iraq (CBI) told Rudaw on Wednesday that the bank is not responsible for the widening gap between […]
Kapita Research and Iraq Business News Announce Strategic Partnership
Kapita Research, Iraq Business News Announce Strategic Partnership New MOU expands access to high-quality, data-driven market intelligence on Iraq Kapita Research and Iraq Business News (IBN) have signed a Memorandum of Understanding (MOU) to formalise a strategic collaboration aimed at broadening access to high-quality, data-driven business and market intelligence on Iraq. The partnership brings together […]
US Firm Cleared for Iraq Floating Gas Terminal
By John Lee. Iraq's Council of Ministers has authorised the Ministry of Electricity to contract Excelerate Energy for the construction of a floating platform to import liquefied natural gas (LNG). The decision forms part of ongoing efforts to establish a floating LNG import terminal and is based on Cabinet Decision No. 878 of 2025. In […]
$65bn Investment Planned for Al-Tayeb Economic City
By John Lee. A $65-billion investment is planned to transform the Al-Tayeb border area into a multi-service economic city, according to the National Investment Commission (NIC). Commission Chairman Dr Haider Mohammed Makkiya (pictured) told the state-run Iraqi News Agency (INA) that Al-Tayeb is envisaged as an economic city covering more than 120,000 dunams, with total […]
Iraq Reimposes Vehicle Tariffs, Sparks Price Hikes
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Reimposes Vehicle Tariffs, Sparks Price Hikes Across Markets The enforcement of customs tariffs has led to immediate price adjustments in the automotive sector, broader market uncertainty, and calls from merchants for consumer support […]
MoneyHash Partners with Wayl to Enter Iraqi Payments Market
By John Lee. MoneyHash has announced a partnership with Wayl to support international and regional businesses expanding into Iraq's payments and e-commerce market. Under the agreement, MoneyHash will extend its payment orchestration services into Iraq by integrating Wayl's local payment infrastructure, enabling merchants to navigate domestic payment requirements and operational frameworks. Through the partnership, merchants […]