By John Lee. A meeting has been held to review the conversion of brick factories to gas operation and to assess their production capacities in line with domestic market demand. The discussions covered environmental compliance and adherence to standards aimed at reducing pollution, as well as the challenges and obstacles facing factories that have already […]
By John Lee. Discussions have taken place on launching the second phase of the Financial Reform Support Programme in Iraq. The meeting was held at the Ministry of Finance under the chairmanship of Minister of Finance Taif Sami Mohammed, with a delegation from the German Agency for International Cooperation (GIZ) and a representative of the […]
By John Lee. Discussions have taken place regarding the investment and development of the Hamrin oil field, focusing on technical, economic, and contractual aspects of the project. The meeting was held on Thursday, 22 January 2026, at the headquarters of North Oil Company (NOC), with the participation of a delegation from HKN of the United […]
By John Lee. Shares in Gulf Keystone Petroleum (LSE: GKP) closed down more than 7 percent on Thursday after the company provided an operational and corporate update. The sell-off was primarily driven by the following factors: Lower Production Guidance: GKP expects average gross production to drop to between 37,000 and 41,000 barrels of oil per day […]
By John Lee. The Iraqi Securities Commission (ISC) has published its 2025 indicators for the Iraq Stock Exchange (ISX), based on a comparative analysis with 2024, pointing to continued market development and a transition towards more sustainable growth. Listed Companies: Total listed and registered joint-stock companies: 112 Companies actively listed on trading platforms increased from […]
By John Lee. The National Investment Commission (NIC) has held a coordination meeting to review plans for tourism investment projects along the banks of the Tigris River. The meeting, chaired by the Commission's President, Haider Mohammed Makkiya, brought together members of a committee formed under a Diwani Order to oversee the development of tourism projects […]
By John Lee. Mark Savaya, US President Donald Trump's special envoy to Iraq, has said that corruption must be tackled decisively if Iraq is to achieve stability, arguing that militias are a symptom rather than the root cause of the country's challenges. He identified fake payrolls, fake loans, and fictitious assets as major sources of […]
By John Lee. The Council of Ministers has approved measures related to water infrastructure in Basra and contract execution for the first phase of the Grand Faw Port project. The cabinet reviewed the Al-Baradhiya water project in Basra and approved the establishment of modular water treatment stations on the Shatt al-Arab to secure drinking water […]
By John Lee. Two Iraqi brokerage firms have been registered as remote foreign brokers on the Abu Dhabi Securities Exchange (ADX). The Iraqi Securities Commission (ISC) said that Rabee Securities and Al-Karmel Brokerage have received final approvals to register and operate as foreign brokers on the exchange under the Tabadul platform. Both companies have also […]
By John Lee. The longest horizontal oil well ever drilled in Iraq has been completed at the East Baghdad oil field, southern area. The project was delivered by the Midland Oil Company in cooperation with the Chinese firm EBS Petroleum [Zhenhua Oil] and involved the drilling of the horizontal well EBMK-8-1H. The well reached a total […]
By John Lee. eYouth, an Egyptian edtech company, has announced a strategic partnership with Al Majal Group to launch eYouth Iraq, described as the first Arabic-language digital education platform dedicated to workforce skills development in Iraq. The platform is intended to support workforce readiness by delivering market-driven training programmes aligned with local labour market needs. […]
By John Lee. The Iraqi Parliament has held a session to discuss Iraq's water crisis and drought conditions, with the participation of the Minister of Water Resources and the Undersecretary of the Ministry of Foreign Affairs. The session reviewed the impact of climate change, declining rainfall, and upstream water management on Iraq's water security. The […]
