Attack on Sarsang Oil Field Halts Production
By John Lee. Production has been suspended at the Sarsang oil field in Duhok Governorate following an attack that caused damage to the facility. According to the Ministry of Natural Resources of the Kurdistan Regional Government (KRG), the incident occurred on Thursday night and was carried out by armed groups operating outside the law in […]
Operationalizing the Humanitarian-Development-Peace Nexus in Iraq
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Operationalizing the Humanitarian-Development-Peace Nexus in Iraq Iraq is a middle-income country emerging from decades of conflict and large-scale displacement, with over one million IDPs still affected amid declining humanitarian […]
Private-Sector Links Highlighted in Iraq-UK Business Talks
By John Lee. His Excellency Dr Salih Husain Ali Al-Tamimi, Ambassador of Iraq to the United Kingdom, received Mohammed Al-Issawi, a member of the International Chamber of Commerce (ICC), to review opportunities for expanding international economic collaboration. Discussions covered the ICC's role in supporting the global business environment, including its work to facilitate cross-border trade […]
Central Bank (CBI) Seeks Feedback on Policies and Decisions
By John Lee. The Central Bank of Iraq has launched a survey to gather feedback on public perceptions of its policies and decisions. The bank said the initiative forms part of its commitment to applying international best practices in institutional excellence and to strengthening confidence, stability and service quality. Respondents have been invited to complete a […]
Explosion Reported on Tanker at Khor Al-Zubair Anchorage
By John Lee. Angola's Sonangol has reported an incident involving the oil tanker Sonangol Namibe (pictured) while anchored at Khor Al-Zubair in southern Iraq awaiting loading operations. Preliminary reports indicate that a localised explosion occurred on the vessel's deck on 5th March (Thursday). The tanker is registered under the Bahamas flag and is operating within the […]
Limestone Exploration Projects Launched in Muthanna and Wasit
By John Lee. The Iraqi Geological Survey, part of the Ministry of Industry and Minerals, has begun two projects to explore, assess and develop limestone reserves suitable for cement production in Muthanna and Wasit provinces. The projects aim to identify and evaluate the quality and quantities of limestone through: Fieldwork and geological studies; Specialised laboratory testing; […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 5th March 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 2,554.7 -0.7% -0.1% USD-RSISX 2,512.0 -0.7% -0.1% […]
Tabaqchali: "Markets Discount a Near-Term End to the War"
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. "Early Days: Markets Discount a Near-term End to the War" The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up […]
Dinar-Dollar Exchange Rate: Iran War has Little Impact
By John Lee. In his latest monthly investment report for Iraq Business News, Ahmed Tabaqchali shows that the gap between the parallel and official exchange rates for the Iraqi dinar (IQD) had already been rising before the U.S.-Israel war on Iran started, due to domestic customs policy changes making it harder for informal importers to […]
Trial Ops Begins at 1GW Basra Solar Project
By John Lee. Trial operation has begun on the first generating unit of the Shams Al-Basra solar power project, the largest solar energy scheme in Iraq, with a total planned capacity of 1,000MW. The project, located in the Artawi [Ratawi] area of Basra province, covers approximately 9,000 dunams and comprises four units, each with a […]
Exceptional Customs Measures Introduced to Ease Port Congestion
By John Lee. Iraq's General Customs Authority has announced temporary exceptional measures to accelerate the flow of goods and reduce congestion at ports. According to state-run Iraqi News Agency (INA), the authority said the measures were adopted in line with directives from Prime Minister Mohammed Shia Al-Sudani and in response to exceptional regional conditions affecting ports […]
Reduced Gas Supplies Leave 6-6.5GW Generation Gap
By John Lee. The Ministry of Electricity has confirmed that imported gas supplies from Iran are continuing at a reduced level of six million cubic metres per day (6mcm/d). Official spokesperson Ahmed Mousa Al-Abadi said the current volumes remain below contracted levels and continue to affect generation units and power stations. He noted that milder temperatures […]