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. The Kurdistan Regional Government (KRG) has made strengthening water infrastructure a top priority, laying the groundwork for a more resilient and sustainable water management system. There are currently 36 dams […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 7th May 2026. Please click here to view a table of listed companies and their associated ticker codes. Rabee Securities' Market Indexes Change - Weekly Index Code Closings Change (w/w) (%) Change (YTD) (%) IQD-RSISX 2,746.6 -0.9% 7.4% USD-RSISX 2,700.7 -0.9% 7.4% […]
By John Lee. DNO ASA, the Norwegian oil and gas operator, has issued its interim results for the 1st quarter of 2026. Regarding its operations in Iraqi Kurdistan, the company said: "Gross production from the DNO-operated Tawke license, containing the Tawke and Peshkabir fields averaged 52,800 boepd during the first quarter of 2026 (77,268 boepd […]
By John Lee. Genel Energy has issued its trading and operations update relating to Q1 2026: Full statement from Genel Energy: Trading and operations update Q1 2026 Genel Energy plc ('Genel' or 'the Company') issues the following trading and operations update relating to Q1 2026, ahead of the Company's Annual General Meeting, which is being […]
By John Lee. A new hydrocarbon discovery has been made at the Qurnain exploration block in southwest Iraq, marking the first oil find at any block awarded under the fifth supplementary and sixth licensing rounds. The discovery was confirmed following the drilling of exploratory well Shams-11, which began on 10th January 2026. A potential hydrocarbon […]
By John Lee. US-based Excelerate Energy has reported its financial results for the first quarter ended 31st March, 2026. Regarding its operations in Iraq, the company said: "In October 2025, Excelerate executed a definitive commercial agreement with a subsidiary of Iraq's Ministry of Electricity for the development of the country's first LNG import terminal. The […]
By John Lee. According to the Ministry of Oil, construction work on a new refinery unit at the Missan [Maysan] refinery is entering its final stages, with commissioning expected within days. The new unit will add a processing capacity of 70,000 barrels per day (bpd), bringing the refinery's total capacity to 110,000 bpd. The project […]
By John Lee. Iraq's Council of Ministers has amended Decision No. 1008 of 2024, which concerns the construction of the Basra-Haditha pipeline. According to a statement from the Prime Minister's Office, the amendment permits the General Company for Iron and Steel, part of the Ministry of Industry and Minerals, to adopt an external manufacturing route […]
By John Lee. President Nzar Amedi received a delegation from the parliamentary Investment and Development Committee at the Palace of Peace in Baghdad on Wednesday. According to the Media Department of the Iraqi Presidency, the meeting covered two main areas: Ways to improve Iraq's investment environment, with the President stressing the importance of supporting economic […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Continues to Rally, Boosted by Humongous Dividends The market, as measured by the Rabee Securities U.S. Dollar Equity Index (RSISX USD Index), was up 5.0% for […]
From Baird Maritime. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Offers Steep Oil Price Cuts to Lure Buyers into Strait of Hormuz Iraq has offered term buyers May-loading Basrah crude at steep discounts for loading inside the Strait of Hormuz, which has […]
By John Lee. Iraq's Council of Ministers has approved revised purchase prices for wheat and a procurement plan for high-grade seeds for the 2025-2026 agricultural season, according to an official government statement. The approved wheat purchase prices are as follows: IQD 700,000 per tonne (approximately USD 534) for quantities within the agricultural plan IQD 500,000 […]
