Gunvor Withdraws Bid for Lukoil Int'l Assets

By John Lee. Swiss-based Gunvor Group has withdrawn its proposal to acquire Lukoil's international assets following opposition from the US Treasury Department. The Treasury stated that Gunvor would not receive a licence to operate as long as Russia continues its military actions in Ukraine, describing the company as "the Kremlin's puppet." Gunvor rejected the claims, […]

Twelve Questions (and Expert Answers) on the Iraq Elections

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. Twelve questions (and expert answers) on the Iraq elections Iraqis are set to go to the polls for parliamentary elections on November 11 -- the sixth election cycle since the overthrow […]

Primer: Iraq's 2025 Parliamentary Elections

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Primer: Iraq's 2025 parliamentary elections Iraq is on the eve of holding its sixth parliamentary elections since 2003 ... The country's fragile democracy will again be tested -- and likely endure -- although […]

Work Starts at Bridge Project in Maysan

By John Lee. Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the Dur Al-Naft Concrete Bridge and its approaches in Maysan [Missan] Governorate. The event was attended by Eng. Abdul Razzaq Al-Maliki, Director General of Al-Hamurabi State Construction Company, representing the Ministry of Construction, Housing, Municipalities and Public Works. The project is […]

Goptapa Water Project to End Water Shortage in Chamchamal

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. KRG Launches Goptapa Water Project to End Chronic Water Shortage in Chamchamal District The Goptapa Water Project is one of the Kurdistan Regional Government's (KRG) key strategic initiatives under its […]

Will Exxon's Return herald Western Re-Engagement with Iraqi Energy?

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will return of US oil giant herald western re-engagement with Iraq's energy sector? ExxonMobil has signed a preliminary agreement with Baghdad to develop the supergiant Majnoon oil field. The move signals the company's […]

Transforming Baghdad's Al-Rasheed Camp into Green Urban Space

By John Lee. Iraq's National Investment Commission (NIC) has commenced the planting works for the Baghdad Sustainable Forests Project, marking a major environmental transformation aimed at converting the former Al-Rashid [Al-Rasheed] Camp area from a site of waste and pollution into a vast green, sustainable space - the largest urban afforestation project in the capital. […]

PM opens Al-Fadhiliya General Hospital in Baghdad

By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has opened the new Al-Fadhiliya General Hospital in Baghdad on Thursday, a 246-bed medical facility that had been stalled since 2014. According to a press release from the Prime Minister's Media Office, the project, now completed eight months ahead of schedule, marks a major milestone in […]

Inside the Divides of Iraq's Coordination Framework

By Rend Al-Rahim for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Inside the divides of Iraq's Coordination Framework -- and why they matter ahead of landmark elections The November election will not necessarily determine who the next prime minister […]

DNO Updates on Production in Iraqi Kurdistan

By John Lee. DNO ASA has reported record revenue of USD 547 million and an operating profit of USD 222 million for the third quarter of 2025, both more than double the figures from the previous quarter. Regarding its operations in Iraqi Kurdistan, it reported that gross production at the Tawke licence, where it holds […]

Iraqi Airways Launches Domestic Flights between Baghdad and Mosul

By John Lee. Iraqi Airways has launched its first domestic flights between Baghdad International Airport (BIAP) and Mosul International Airport, starting on Thursday, 6 November 2025. Director General Manaf Abdul-Munim Ajil confirmed that all technical and administrative preparations have been completed to begin regular flights between Baghdad and Mosul, in coordination with the Iraqi Civil […]