GKP Shares Rise on First Lifting of Kurdistan Crude
By John Lee. Gulf Keystone Petroleum (GKP) has confirmed the completion of the first lifting of Kurdistan crude allocated to the company and other IOCs for September-October 2025 pipeline exports, carried out by the nominated trader at Türkiye's Ceyhan terminal. Payment for the company's share is expected within 30 days, in line with the interim […]
New Player in Iraqi Infrastructure?
By John Lee. On Thursday, an organisation calling itself the "Iraqi Infrastructure Fund (IIF)" published a statement requesting details of projects in Iraq valued at $200 million or more, in the areas of energy, transport, ports and airports. The statement describes the company as, "a closed-ended, privately funded platform that finances 100 % of your […]
Iraq, Egypt Advance Pharma and Healthcare Cooperation
By John Lee. Iraq's Minister of Health, Dr Saleh Mahdi Al-Hasnawi, has held a series of meetings in Cairo aimed at expanding bilateral cooperation with Egypt in pharmaceuticals, regulation, and healthcare development. During a visit to Egypt's Drug Authority (EDA), the Minister was received by EDA Chairman Dr Ali Al-Ghamrawi. Discussions focused on strengthening collaboration […]
UNDP and JICA renew Partnership Agreement 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. UNDP and JICA renew Partnership Agreement under the Fiduciary Monitoring Agent (FMA) framework in Iraq The United Nations Development Programme (UNDP) in Iraq and Japan International Cooperation Agency (JICA) […]
US Approves $100m Communications Sale to Iraq
By John Lee. The US State Department has approved a possible Foreign Military Sale to the Government of Iraq for a nationwide communications and repeater system valued at up to $100 million. The Defense Security Cooperation Agency (DSCA) has notified Congress of the proposed transaction. The package includes Radio Access Points, handheld radios, base stations, […]
Youth and Innovation Power Iraq's Green Future
From United Nations Iraq: Over sixty young innovators, including many talented young women, gathered at the American University of Iraq - Baghdad (AUIB) for the Green Iraqi Innovators Conference and Competition. The event was co-organized by the UN Youth Advisory Council (UNYAC) and the Green Club at AUIB, in collaboration with the United Nations in […]
UNOPS awards Consulting Contract in Anbar
By John Lee. STOOS Company for General Trading has won a contract with the United Nations Office for Project Services (UNOPS) for "Consultancy Services for the Impact Evaluation/Endline Survey Local Infrastructures in Rural Anbar LIRA I & II." The contract value was stated as $43,300. (Source: UNGM)
Iraq to Import Rice from US
By John Lee. US agri-foods giant Archer-Daniels-Midland (ADM) has reportedly confirmed that Iraq has purchased two vessels of US long-grain rice. According to industry group USA Rice Federation (USA Rice), the shipments total 88,000 metric tons, and are scheduled for January and March 2026. It quotes its Chair, Keith Glover, as saying: "These two sales […]
UNDP allocates Contract in Muthanna
By John Lee. Safwat Al-Msharea has won a contract with the United Nations Development Programme (UNDP) for the "Pavement of Al Aksha channel Section two - Muthanna governorate." Contract value is stated as $68,216.14 (Source: UNGM)
Dinar RV: What does Sudani's Victory mean for Speculators?
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dinar RV: What Does Sudani's Victory Mean for Speculators? Following Tuesday's parliamentary election, Iraqi Prime Minister Mohammed Shia Al-Sudani's Reconstruction and Development coalition emerged as the largest bloc in the new assembly. Predictably, […]
US Court Declines to Review Overturned $120m Iraq Judgement
By John Lee. The US Supreme Court has declined a petition from American defense contractor Wye Oak Technology, which had petitioned it to review its long-running legal dispute with Iraq. The case stems from a ruling by the U.S. Court of Appeals for the District of Columbia Circuit in July 2024, overturning a previous decision […]
IEA Expects Slow Increase in Iraqi Oil Production
By John Lee. The International Energy Agency (IEA) has issued its flagship report, World Energy Outlook (WEO) 2025, emphasising: "In a volatile world, energy security takes centre stage. Pressing threats and longer term hazards are elevating energy to a core issue of economic and national security. Energy is at the heart of today's geopolitical tensions, […]