1.6m bpd Kirkuk Export Pipeline Set for Relaunch
By John Lee. Iraq's Ministry of Oil has announced that exports via the Kirkuk-Fishkhabour-Turkey pipeline are expected to resume soon, initially with limited volumes. The Ministry said the pipeline, which has a total capacity of 1.6 million barrels per day (bpd), will be brought back into service following completion of hydrostatic testing. Saheb Al-Bazoun, spokesperson […]
CBI lists Authorised Exchange Firms for Dollar Sales
By John Lee. The Central Bank of Iraq (CBI) has confirmed that all requests for US dollars from banks and exchange companies have been fully met, covering pilgrims, travellers, and external transfers. The bank stated that authorised exchange companies permitted to sell dollars to travellers and pilgrims are listed on its official website, ensuring regulated […]
DNO issues Update on Production
By John Lee. DNO ASA, the Norwegian oil and gas operator, has provided an update on production, sales volumes and other selected information for the quarter. Regarding its operations in Iraqi Kurdistan, the company said: "Two wells drilled in December 2025 and January 2026 were brought on production in the Tawke field early in the […]
UNDP Contract for Handicap Access
By John Lee. Al Tamayuz Contracting Company has won a contract with the United Nations Development Programme (UNDP) for "Handicap access and Elevators installation for Disabled in Kirkuk VTC." Ref: 10527452/UNDP-IRQ-02070,1. Contract value is stated as $22,900.80. (Source: UNGM)
US "Suspends Supply of Dollars to Iraq"
By Mustafa Saadoon, for Al Hurra. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Exclusive: U.S. Moves Against Iran-Aligned Factions in Iraq Two government sources working in the Iraqi Council of Ministers confirmed to Alhurra that "the United States has halted dollar shipments to […]
Rabia Border Crossing Reopens After 13-Year Closure
By John Lee. The Rabia border crossing between Iraq and Syria has reopened after 13 years, restoring a key trade route between the two countries. The reopening follows the completion of rehabilitation and reconstruction works covering infrastructure and service facilities, reflecting improved security conditions in border areas and a broader push to strengthen regional trade […]
New Companies Added to Iraq's OTC Trading Market
By John Lee. The Iraqi Securities Commission (ISC) has approved the listing, deposit, and trading of shares for three companies on the over-the-counter (OTC) platform. The decision was taken during the Commission's fourth session held on 16th April 2026. The companies admitted to the OTC platform are: Al-Batak Insurance Company Asia Insurance Company Al-Sharq Insurance Company […]
Plan Agreed to Strengthen Investment Environment in Iraq
By John Lee. Iraq's parliamentary Investment and Development Committee has discussed measures to enhance the country's investment environment and support economic growth. The committee, chaired by MP Nahida Al-Dayni, met to outline its work programme and develop a roadmap aimed at improving investment conditions. During the session, members emphasised the importance of strengthening oversight of […]
Moody's changes Outlook on Iraq to Negative
By John Lee. Moody's has changed its outlook on the Government of Iraq to negative from stable and affirmed the long-term issuer ratings at Caa1. It said: "The change in the outlook to negative reflects rising risks to Iraq's credit profile stemming from the conflict in the Middle East, as risks to energy flows and […]
Jiyad: US-Israeli War Against Iran - Detrimental Impacts on Iraq
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The American - Israeli War Against Iran, the Unprecedented Severe International Energy Crisis and Detrimental Impacts on Iraq On Friday evening, April 10th, the esteemed "Al-Mushtarak" platform graciously organized a debating event […]
First Phase of Erbil Green Belt Project nears Completion
From the Kurdistan Regional Government (KRG). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. First Phase of the Erbil Green Belt Project Nears Completion As part of ongoing efforts to combat climate change and promote a healthy environment, the Erbil Green Belt Project -- one […]
Contract Awarded for Rainwater Harvesting System
By John Lee. Gaith Al-Meshreq has won a contract with the United Nations Development Programme (UNDP) for the "Construction and Installation of a Sustainable Rainwater Harvesting System." Ref: 10529306/UNDP-IRQ-02009,1. Contract value is stated as $175,786.54. (Source: UNGM)