By John Lee. State-owned Rafidain Bank has announced the launch of the 50th tranche of its Riyada wa Tamayuz (Entrepreneurship and Excellence) initiative to support small and medium-sized enterprises. The tranche totals IQD 1 billion (approximately USD 0.77 million) and will benefit 82 recipients. According to a statement from the bank's media office, the funding is […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 29th January 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 2,534.5 0.2% -0.9% USD-RSISX 2,492.1 0.2% -0.9% […]
From the AMAR International Charitable Foundation: Ramadan is coming. Please help the poorest Iraqis with essential food boxes. Click here to donate. Click here to donate if in US.
By John Lee. Prime Minister Muhammad Shia Al-Sudani opened the Iraq Energy Conference 2026 in Baghdad on Wednesday, emphasising in his keynote speech: Target to export 40% of oil output as higher-value derivative products by 2030 Expansion of refining capacity and cooperation with the private sector to end fuel imports Utilisation of 74% of Iraq's […]
By John Lee. The publicly-traded UK company Kistos Holdings has held discussions in Iraq on matters related to the oil, gas, and energy sectors. The meeting took place between Minister of Oil Hayan Abdul Ghani al-Sawad and Peter Mann, Chief Executive Officer of Kistos. According to the company's website, Kistos was established in October 2020 as an energy […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Dinar Plummets Against Dollar as Citizens Rush to Exchange Value of $100 jumps by 8,000 dinars in two days amid rising fear and market uncertainty. Click here to read the full article.
By John Lee. The operational plan for the Development Road project has been reviewed, alongside progress on engineering designs and economic feasibility. The discussions were held during a meeting involving Oliver Wyman, the project's financial advisory firm, and BTP, the Italian engineering consultancy, at the headquarters of the Iraqi Republic Railways Company. Key points covered […]
By John Lee. Steps to implement the strategic Haditha-Baniyas crude oil pipeline project have been reviewed. The discussions focused on completing technical and logistical studies required to advance the project, which is intended to diversify Iraq's export outlets and increase crude oil export capacity. According to the Ministry, the pipeline is designed to enhance flexibility […]
By John Lee. A workshop has been held on preparations for the next phase of Iraq's mutual evaluation process on anti-money laundering and counter-terrorism financing (AML/CFT) at national and sectoral levels. The event was organised by the Central Bank of Iraq (CBI)'s Anti-Money Laundering and Counter-Terrorism Financing Office, in cooperation with the Ministry of Interior […]
By John Lee. Genel Energy has issued a trading and operations update in advance of the company's full-year 2025 results, which are scheduled for release on 18 March 2026. Regarding the company's operations in Iraqi Kurdistan, it said: Production performance improved in the fourth quarter, supported by workovers and well interventions. Average production in unaffected […]
By John Lee. US President Donald Trump has warned that Iraq would face serious consequences if Nouri al-Maliki were to return as Prime Minister. In a statement posted on Truth Social, Trump said that Iraq had experienced instability and economic decline during Maliki's previous term in office. He added that, if Maliki were reinstated, the […]
By John Lee. Long-term gas sales agreements have been signed to supply natural gas from the Chemchemal field to major industrial consumers in the Kurdistan Region of Iraq. The agreements were announced by Dana Gas PJSC and Crescent Petroleum, together with their partners in the Pearl Petroleum Consortium. They provide for the supply of up […]
