By John Lee. The Kurdistan Regional Government (KRG) has completed the [Shaikan] Sheikhan-Lalish road project in Duhok Governorate, which will soon be opened to the public. The road spans 9 kilometres in length and 25 metres in width, with a total investment exceeding 26 billion Iraqi dinars [≈ $17.8 million]. Constructed to modern engineering standards […]
By Hayder Al Shakeri for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Why is energy-rich Iraq still having to import electricity? For more than a decade, Iraq's power system has relied heavily on Iranian gas and electricity imports, which at […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 18th Sept 2025. Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,368.4 1.9% 5.3% RSISX USD Index […]
ROX Motor's Silk Road Tour Reaches Iraq, Strengthening Regional Connectivity and Sustainable Mobility BAGHDAD, IRAQ, Sep 4, 2025 - ROX Motor, an international luxury new energy vehicle brand committed to becoming the leading new energy vehicle brand for outdoor lifestyle enthusiasts worldwide by 2030, has completed the Iraq leg of its 25,000 km Silk Road […]
By John Lee. US energy technology company Baker Hughes has announced an agreement with Iraq-based Halfaya Gas Company (HGC) to strengthen their collaboration for an innovative flare gas recovery system at the Bin Umar [Nahr Bin Umar, Nahr Ben Umar] gas processing plant in southeastern Iraq. The project will significantly reduce upstream flaring and transform […]
By John Lee. Iraq's National Investment Commission (NIC), in cooperation with the United Nations Development Programme (UNDP), has held a workshop to discuss the first phase of Iraq's National Climate Investment Plan (CIP) for 2025-2030, which was launched in July. The meeting in Baghdad was attended by international organisations, diplomatic missions, the Ministry of Environment, […]
By John Lee. Iraq has signed a contract to establish its first government data centres for commercial use. The agreement was signed in Baghdad between the General Company for Communications and Informatics and the Finnish company Nokia. The project will see the construction of two centres, located at the Intisar and al-Rashid (al-Sinak) exchanges. Minister […]
By John Lee. The Iraqi Council of Representatives has voted to authorise the Minister of Finance, or her delegate, to negotiate and sign - either definitively or at initial stage - the draft law ratifying the Agreement on the Avoidance of Double Taxation and the Prevention of Tax Evasion with respect to taxes on income […]
By John Lee. Iraq's Ministry of Trade has held an expanded meeting, chaired by Hashim Mohammed Hatem, Director General of the General Company for Car and Machinery Trade, to discuss preparing a study aimed at reducing car imports in line with comments from the Ministerial Council for Economy. The meeting was part of the work […]
By John Lee. Hiwa Rauf for Investment & Development (HRID) and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a financing partnership mandate for Downtown Slemani, Iraq's first certified sustainable mixed-use real estate development. The agreement was announced during IFC Partnerships Day in Iraq, held under the patronage of […]
By John Lee. Iraq's State Oil Marketing Organisation (SOMO) reportedly announced on Tuesday that it has concluded all contracts and obligations with buyers of oil produced in the Kurdistan Region. The company emphasised that resuming exports from Kurdistan would restore Iraq's role as a key supplier to the European market. SOMO Director General Ali Nizar al-Shatri […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has inaugurated the Al-Nisour Square development project in Baghdad, part of the government's first package of traffic decongestion initiatives in the capital. The project was executed by China's Transtech Engineering Corporation, an independent legal entity of China Railway International Group, which in turn is described as […]
