By John Lee. Missan Oil Company has successfully transported its first sulphur shipment, weighing 80 tons, from the Halfaya oil field to its sulfur storage facilities located north of the Bazargan field. Hussein Kazem Laibi, Director-General of Missan Oil Company, explained that the Halfaya field produces around 20 tons of sulphur daily via its Sulphur […]
By John Lee. Iraq's Minister of Industry and Minerals, Prof. Eng. Khaled Battal Al-Najm, alongside the Governor of Karbala, oversaw the signing of three memorandums of understanding (MoUs) for strategic projects in Karbala Industrial City during an official visit to the province on Saturday. The agreements were signed between Al-Yusra Industrial, the developer of Karbala […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tripartite Energy Meeting Collapses Before Takeoff According to a source from Iraq's Oil Ministry, the Iraqi side informed participants of the decision just hours before the meeting was due to begin, offering no new […]
By John Lee. Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mohammed S. Al-Sudani, inaugurated the 13th Security, Defense, Military Industries, and Cybersecurity Exhibition in Baghdad on Saturday, an event featuring 155 companies from 24 countries, including 65 Iraqi firms. The exhibition offers a platform for showcasing advanced defence, surveillance, and cybersecurity technologies while […]
By John Lee. A formal signing ceremony has been held in Dubai to mark the launch of a partnership between France's TotalEnergies and Erbil-based Cihan Group, which has now become the authorised supplier of the company's motor oils and lubricants in the Kurdistan Region of Iraq. According to a statement from Cihan, the agreement aims […]
By John Lee. The General Company for Iraqi Railways held a conference on Tuesday evening focused on the expansion and modernisation of Iraq's railway network. The event was attended by the company's Director-General, Dr. Maki Jabir Nasser, representatives from Italian consultancy firm BTP, and international specialised companies participating virtually. During the conference, Dr. Nasser, alongside […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met on Thursday with Mr. Fettah Tamince, Chairman of Turkiye's Rixos Hotels Group, to discuss the growing investment opportunities in Iraq's tourism sector. Prime Minister Al-Sudani stressed that ongoing development efforts across various sectors have laid the groundwork for numerous investment opportunities, particularly in tourism. He […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 17th April 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 2,350.2 3.6% 4.5% RSISX USD Index […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi lawmakers vote to recognize new governorate Iraq's Council of Representatives has voted to make Halabja the country's 19th governorate. The full article can be viewed here.
By John Lee. Iraq's Minister of Transport, Razzaq Muhaibas Al-Saadawi, chaired a meeting on Wednesday at the headquarters of the General Company for Iraqi Railways with representatives from Oliver Wyman, the consultancy firm providing financial advisory services for the Development Road Project. The meeting, attended by Dr. Maki Jabir Nasser, Director-General of the Iraqi Railways, […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Industrial Coordination Council on Sunday to discuss strategies for advancing Iraq's national industry and to follow up on decisions from previous meetings. The discussion included key measures to address obstacles and improve coordination between the federal government and the Kurdistan Regional Government […]
By John Lee. Iraq's Council of Ministers has approved a series of preventive trade measures aimed at protecting domestic industries. These include the imposition of a 60% additional customs duty on imported transparent containers and single-use plastic cups from all countries, which will be in place for four years. The market will be monitored throughout […]
