CBI Instructions for Exchanging Dinars
By John Lee. The Central Bank of Iraq (CBI) has issued a statement setting out its criteria for trading and replacing banknotes. This unofficial translation is provided in good faith for general information only. While every effort has been made to ensure accuracy, Iraq Business News accepts no responsibility for any errors, omissions, or misinterpretations. […]
Iraqi Delegation meets Global Cement Firms in UAE
By John Lee. An Iraqi delegation from the Ministry of Industry and Minerals met several international cement companies on the sidelines of the 28th International Cement and Building Materials Conference held in the United Arab Emirates (UAE). The meetings included discussions with representatives of Mokoto, Rivertech, and Sinoma to explore cooperation opportunities supporting the development […]
Iraqi Training on Financial Crime Compliance
By John Lee. The Institute for Financial Integrity (IFI) has launched its Fundamentals of Financial Crime Compliance training program, in partnership with the American University of Iraq - Baghdad (AUIB), the Central Bank of Iraq (CBI), and K2 Integrity (K2i). The first two programs were held in July and August of this year, and the […]
Second Phase of Erbil Wastewater Treatment Project
KRG Prime Minister Masrour Barzani has laid the foundation stone for the second phase of the Erbil Wastewater Treatment Plant. This initiative is one of the largest environmental infrastructure projects in the Kurdistan Region, with a KRG investment of $579 million. The plant will be constructed on 205 acres in western Erbil and will have […]
Iraq Elections Return Incumbents, Testing US and Iranian Influence
By Tamer Badawi for the Royal United Services Institute (RUSI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq Elections Return Incumbents, Testing US and Iranian Influence Iraq's elections make ponderous a status quo Washington and Tehran seek to preserve; manoeuvring politicians make […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 20th November 2025. 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 2,532.2 0.8% 12.6% USD-RSISX 2,489.9 0.8% 12.6% […]
UNICEF Warns about Iraq's Growing Water Crisis
On World Children's Day, UNICEF warns Iraq's growing water crisis is putting children's futures at risk On World Children's Day, UNICEF is sounding the alarm: Iraq's deepening water crisis is robbing millions of children of their fundamental rights and jeopardizing their futures. As the country faces its most severe water shortage crisis, with national reserves […]
Wood Wins New Contract at West Qurna 1
By John Lee. Scottish consulting and engineering company Wood has secured a new contract to deliver project management and engineering services for PetroChina at the West Qurna 1 oilfield in southern Iraq -- one of the world's largest -- continuing its decade long support there. Under the contract, Wood will manage engineering, procurement and construction […]
Expert Commentary on Iraq's Parliamentary Election
From the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Experts react: How will Iraq's parliamentary election shape the country's politics? The voting is over, but the maneuvering could go on for a while. In Iraq's parliamentary elections, the bloc led […]
IFBC Signs Strategic MoU with Business France
By John Lee. The Iraqi-French Business Council (IFBC) has signed a strategic Memorandum of Understanding with Business France to enhance economic cooperation and expand investment opportunities between Iraq and France. The agreement was signed in the presence of Benoit Trivulce, CEO of Business France. The MoU aims to strengthen bilateral partnerships and support French companies […]
Iran "has 20% of Iraq's Consumer Market"
By John Lee. Iran risks losing market share in Iraq unless it modernises its commercial systems and improves data-driven planning, according to the Tehran Times. Yahya Al-e-Eshaq, head of the Iran-Iraq Joint Chamber of Commerce, is quoted as saying that formal bilateral trade reached $12 billion last year, rising to nearly $15 billion when informal […]
Work Begins on Yusifiya Thermal Power Plant
By John Lee. The Iraqi Prime Minister has laid the foundation stone for the 1,400 MW Yusifiya Thermal Power Plant. The plant, which had been stalled since 1990, is being completed to strengthen the national electricity network and support long-term demand. It is being built on a build-own-operate (BOO) model, with the involvement of Al-Rida […]