Tag Archives | featured

Iraq says Seeking Alternatives to Iran Gas

By Tony Gamal-Gabriel and Ammar Karim for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq says seeking alternatives to Iran gas Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it […]

Will Regional Geopolitical Shifts shake up Sunni Politics?

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will regional geopolitical shifts shake up Sunni politics in Iraq? Regarded as one of Iraq's most skilled -- if controversial -- modern political operators, Sunni politician Mohammed Al-Halbousi has faced challenging times since […]

New Solvent Plant Nears Completion in Salah Al-Din

By John Lee. The General Company for Mining Industries, a subsidiary of Iraq's Ministry of Industry and Minerals, has announced the near-completion of a solvent production plant in Salah Al-Din province, developed in partnership with the private sector. According to Ahmed Faleh Ali, the company's Director General, the plant has reached 85% completion and is […]

IDC Completes First Well in Sonangol Contract

By John Lee. The Iraqi Drilling Company (IDC) has completed drilling the first well (LF2) under its contract with Sonangol to drill 13 oil wells in the Qayyarah [Qayara] oilfield, Nineveh province. Drilling operations were conducted using the IDC 223 rig, with a horsepower capacity of 800, demonstrating the technical expertise and efficiency of IDC's […]

National Investment Commission Explores Non-Oil Investments with UNDP

By John Lee. The National Investment Commission (NIC) Chairman, Dr Haider Mohammed Makiyya [Makia], met with representatives from the United Nations Development Programme (UNDP) to discuss potential non-oil investment projects in Iraq. Key projects under discussion included: Fibre optic cable infrastructure. High-quality silica sand investment. Soil enhancement technologies to combat desertification. Climate investment strategy, recently […]

Tribunal Appointed in Agility Arbitration Case

By John Lee. An arbitration tribunal has been appointed in the case of Agility Public Warehousing Company K.S.C. v. Republic of Iraq (ICSID Case No. ARB/17/7). Its members are: Sarah Grimmer (New Zealand), President, appointed by agreement of the Parties; Stephen L. Drymer (Canadian), appointed by Claimant; and Dr. August Reinisch (Austrian), appointed by Respondent. […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 13th March 2025. Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed on Mar. 16, 2025 (Sunday) due to a public holiday. The next trading session will be held on Mar. […]

Iraq Wins in $1bn Arbitration Case against German Firm

By John Lee. Iraq's Ministry of Justice has said it has successfully defended Iraq in a $1-billion international arbitration case filed by Germany's AHG Industry GmbH & Co. KG at the World Bank's International Centre for Settlement of Investment Disputes (ICSID). According to the statement from the Ministry on Tuesday (11th March), the dispute stemmed […]