Iraq to Boost Security at Khor Mor Field following Attack
By John Lee. The Office of the Commander-in-Chief of the Armed Forces has confirmed the results of the investigation into the 26 November drone attack on the Khor Mor gas field in Sulaymaniyah. Chaired by the Minister of Interior and involving federal and Kurdistan Region security agencies, the committee reported that the attack was conducted […]
UNAMI Mission Ends; UN Pledges Continued Support
By John Lee. The UN Assistance Mission in Iraq (UNAMI) is concluding its 21-year mandate on December 31, with Special Representative Mohammed Al Hassan highlighting the country's progress from decades of conflict to holding six successful parliamentary elections. In a statement, he said that, despite advances, Iraq faces ongoing challenges including nearly one million internally […]
Khor Mor Attack: "More Questions Than Answers"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. More questions than answers in Iraq as key gas facility comes under fire An attack on key natural gas facilities in Iraqi Kurdistan has cut output and temporarily left millions suffering from widespread […]
Tabaqchali: Election Kerfuffle, What Kerfuffle !!!
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. "Election kerfuffle, what kerfuffle !!!" The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up 5.0% for the month and […]
Cairo 3A, IVI Holding Agree Iraq Poultry MoU
By John Lee. Cairo 3A Holding has reportedly signed a Memorandum of Understanding with International Venture Investment (IVI) Holding Limited in Baghdad to develop an integrated poultry project in Iraq. According to report from Agar Gate, the agreement marks the start of a long-term partnership aimed at building a vertically integrated operation that meets international […]
Iraq Approves Loan Initiative for Unemployed Drivers
By John Lee. Iraq's Ministry of Labour and Social Affairs has launched a lending initiative aimed at reducing unemployment by providing job opportunities for registered unemployed citizens. Under the programme, the Ministry's Department of Labour and Vocational Training -- through its Small Projects Funds -- will issue loans for the purchase of modern passenger vehicles […]
Iraq reports Inflation Drop in October
By John Lee. Iraq's Ministry of Planning has reported a decrease in both monthly and annual inflation rates for October 2025, but its announcement did not mention the actual rates. Ministry spokesperson Abdul Zahra al-Hindawi said field teams from the Central Statistical Organisation (CSO) recorded a 0.3% fall in monthly inflation compared with September, while […]
Sudani "has 'slim' chance of securing Second Term"
By Mina Aldroubi and Sinan Mahmoud, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Al Sudani has 'slim' chance of securing second term, experts and officials say Race for prime minister's position ongoing amid heated negotiations between political blocs. […]
CBI on Banking Reform, "Digital Dinar", Dollar Transactions ...
By John Lee. The Central Bank of Iraq (CBI) has presented detailed updates on its banking-sector reform programme, with Governor Ali Mohsen Al-Alaq outlining structural plans aimed at rebuilding a compliant and modern financial system. Al-Alaq said the engagement of Oliver Wyman followed restrictions on dollar transactions imposed on a number of Iraqi banks, noting […]
Iraq Invites US Oil Firms to compete for West Qurna-2
By John Lee. Iraq's Ministry of Oil has issued exclusive invitations to several major US oil companies to submit bids for taking over the operatorship of the West Qurna-2 field. The Ministry said it is pursuing a transparent, competitive process based on approved criteria for awarding oilfield development contracts. Direct negotiations are under way with […]
Iraq launches $45m Cancer-Drug Plant, $70m Vaccine Project
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has inaugurated a US$45-million cancer-medicine factory at the Modern Pharmaceutical Industries Company, a private-sector project, and launched construction works for a US$70-million facility to produce viral vaccines for hepatitis, influenza, and the MMR (mumps, polio, rubella) combination. The Prime Minister said the new plant -- built with […]
Phase 1 of "Pulse of Mosul" Reconstruction Project Starts
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has launched the first phase of the Pulse of Mosul project, aimed at rehabilitating alleys and neighbourhoods in the Old City of Mosul. The initiative mirrors the earlier Pulse of Baghdad programme to restore historic districts of the capital. Chairing a meeting attended by the Governor of […]