Iraq announces Oil Exports for November
By John Lee. Iraq's Ministry of Oil has announced finalised oil export volumes for November. Total exports of crude oil (including condensates): 106,593,352 barrels. Exports from the oil fields in central and southern Iraq amounted to 98,709,795 barrels. Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 7,583,733 barrels. Exports to […]
Direct Ro-Ro Shipping launched between Dubai, Umm Qasr
By John Lee. The General Company for Ports of Iraq (GCPI) has launched a new direct international Ro-Ro shipping line linking Port Rashid in the United Arab Emirates with Umm Qasr port, with the arrival of the first shipment of TIR trucks. The service, inaugurated on 25 December 2025, operates with a transit time of […]
10 Things the CBI Said About the Iraqi Dinar in 2025
10 Things the Central Bank of Iraq (CBI) Said About the Iraqi Dinar (IQD) in 2025 1. February 19: CBI's Dollar Distribution System Among World's Most Monitored Following meetings with the US Treasury and Federal Reserve in Dubai, the CBI reported recognition of Iraq's US dollar distribution system as one of the most monitored and […]
Iraq Imposes Additional Tariff on Nitrogen Imports
By John Lee. The Council of Ministers has approved the imposition of an additional 40 percent customs duty on imports of nitrogen gas from all countries. The measure is intended to regulate industrial gas imports and protect domestic production. The decision is based on the Law on the Protection of Iraqi Products (No. 11 of […]
Iraq, UN sign Sustainable Development Cooperation Framework
Government of Iraq and United Nations Sign the Sustainable Development Cooperation Framework for the Period 2025-2029 On Thursday, Iraq and the United Nations signed the United Nations Sustainable Development Cooperation Framework (UNSDCF) for the period 2025 to 2029, in the attendance of the Deputy Prime Minister and Minister of Planning of the Republic of Iraq, […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 25th Dec 2025. Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed on December 31, 2025, and January 1, 2026, due to the end-of-year closing operations. The last trading session of […]
Iran, Iraq "Temporarily Suspend" eTIR System
From Trend.az. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran and Iraq hit brakes on eTIR system to boost cross-border trade The eTIR system for transporting Iranian goods through Iraq has been temporarily suspended for three months under an agreement between the […]
Report: 2025 Iraqi Election: Results, Dynamics and Implications
By Ronen Zeidel, for the Moshe Dayan Center for Middle Eastern and African Studies at Tel-Aviv University. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The 2025 Iraqi Parliamentary Election: Results, Dynamics and Implications This report examines the 2025 Iraqi parliamentary election, revealing a […]
Nasiriya and Gharaf Gas Project to Begin Ops in 2027
By John Lee. The Ministry of Oil has confirmed that operations at the Nasiriya and Gharaf gas fields project will begin on schedule in the first quarter of 2027. In a statement, it said the installation of specialised equipment has begun, in collaboration with Baker Hughes. China Petroleum Engineering & Construction Corporation (CPECC) is also […]
Shanghai Electric Breaks Ground on Euphrates Project
By John Lee. China's Shanghai Electric has officially launched the Euphrates Combined Cycle Expansion Project in Iraq, aimed at upgrading power plants across four governorates by converting simple-cycle units into combined-cycle systems. According to a press release from the company, this expansion will add 625 megawatts (MW) to the national grid and improve plant efficiency […]
Jiyad: The Challenges Facing the Oil Sector in Iraq
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A Debating Event on the Challenges Facing the Oil Sector in Iraq The "Al-Mushtarek" platform convened the event on Friday evening, December 19th. I addressed the most important and impacting challenges facing […]
SOMO Responds to Report on DNO's Activities in KRI
By John Lee. The State Oil Marketing Organisation (SOMO) has issued a clarification in response to a Reuters report on 26 September 2025 regarding DNO's export activities. SOMO reaffirmed its commitment to fulfilling all obligations within its mandate and under existing agreements with the Kurdistan Regional Government (KRG), continuing efforts to ensure the smooth flow […]