Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 19th 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 2,576.8 1.1% 0.8% USD-RSISX 2,533.7 1.1% 0.8% […]
"US Warning of Sanctions" if al-Maliki Returns as PM
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Foreign Ministry Reveals US Warning of Sanctions if Nouri al-Maliki Returns as Premier Iraq's Foreign Ministry revealed a US warning of possible sanctions if Nouri al-Maliki returns as prime minister, as divisions deepen […]
"Efforts Underway" to Renew KRG Oil Export Deal
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Efforts underway to renew Kurdistan Region oil export deal: SOMO Iraq's national oil marketer is moving to renew the agreement governing exports of the Kurdistan Region's oil, a senior official said Wednesday. Click here […]
KOICA-Funded Hospital Advances in Dhi Qar
By John Lee. Nasiriyah Heart Hospital received a Korean medical delegation as part of a new phase of the Iraq-Korea joint cooperation project. The project is funded through a grant from KOICA [Korea International Cooperation Agency] for the Establishment of the Korea-Iraq Specialized Hospital for Children with Heart Disease (2020-2030 / USD 27.93 million). A […]
Iraq and UAE Sign Vehicle Assembly Partnership
By John Lee. State Company for Automotive and Equipment Industry, one of the companies of the Ministry of Industry and Minerals, has signed a partnership contract with Iraqi and Emirati firms to establish an integrated industrial system for the assembly, production and marketing of various types of vehicles. The agreement covers the production of: Buses […]
Progress at Al-Jawahiri Residential City
By John Lee. The National Investment Commission (NIC) has conducted a field visit to the Al-Jawahiri Residential City project, located in in Abu Ghraib, west of Baghdad. An engineering team inspected progress at the housing development, reviewing implementation stages and assessing compliance with the terms of the investment licence and approved timelines. The visit focused […]
NIC Reviews Dulmaj Marsh Development Plan
By John Lee. The National Investment Commission has held an expanded meeting to discuss a comprehensive investment roadmap for the development of Dulmaj [Delmaj] Marsh into an integrated tourism reserve. The proposed project aims to establish a network of multi-use tourism villages within a sustainable environmental framework aligned with national economic development objectives. According to […]
UNHCR Iraq Multi-Year Strategy 2025-2029
From the United Nations Refugee Agency (UNHCR). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Summary of UNHCR Iraq Multi-Year Strategy 2025-2029 UNHCR envisions that forcibly displaced populations and stateless persons in Iraq are better protected and have full inclusive access to quality basic […]
$346m Financing Secured for Block 9 Expansion
By John Lee. The Arab Energy Fund has led and closed a $346 million reserve-based lending (RBL) facility for Kuwait Energy Basra Limited (KEBL), operator of Block 9 (Faihaa Field) in Basra and a wholly owned subsidiary of China's United Energy Group Limited (UEG). The financing will support the next phase of expansion and development […]
Erbil Launches $288m Water Recycling Project with JICA
By John Lee. The Governor of Erbil, Omed Khoshnaw [Xoshnaw], has announced the launch of the first phase of the Erbil Wastewater Recycling Project, valued at $288 million, in cooperation with the Japan International Cooperation Agency (JICA). The announcement followed a meeting at the Governorate headquarters with a senior JICA delegation headed by Taketsuru Eiko, […]
Iraqi Cabinet Approves Settlement with Russia's Lukoil
By John Lee. Iraq's Council of Ministers has approved an amicable settlement with Lukoil to transfer petroleum operations at the West Qurna 2 field to Basra Oil Company (BOC). The settlement addresses outstanding matters relating to invoices and the employment of foreign staff, subject to certification by a reputable external auditor. It also designates the […]
Dinar Forex Fraud: Court Recovers $23m
By John Lee. The Second Karkh Investigative Court has recovered IQD 30 billion (approximately $23 million) in connection with a financial fraud case. According to a statement issued by the Supreme Judicial Council (SJC), the amount was recovered from a company that violated the law by exploiting exchange rate differences in foreign currency transfers conducted […]