By John Lee. Egypt's Edita Food Industries will direct part of its planned EGP 4-billion ($84 million) investment budget for next year toward expanding production in Iraq. Chairman and Managing Director Hani Berzi told Asharq Business that Edita's programme in Iraq includes installing a new production line at a factory the company bought recently, with operations scheduled […]
By John Lee. SpaceX (Starlink) has held talks in Baghdad as Iraq moves into the final stages of issuing satellite-internet licences, including one for the US company. Prime Minister Mohammed Shiaa Al-Sudani received the delegation on Thursday, in the presence of US Chargé d'Affaires Joshua Harris. The meeting reviewed licensing procedures, potential cooperation in communications […]
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Corruption remains a persistent threat to public accountability and undermines trust in public institutions. While the Kurdistan Regional Government continues to promote integrity through policies, legislation, and institutional reforms, […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 11th Dec 2025. 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 2,496.2 0.5% 11.0% USD-RSISX 2,454.5 0.5% 11.0% […]
By John Lee. Iraq's financial authorities have stressed that developing domestic financial markets is a strategic priority to support economic resilience, investment and long-term growth. At a conference in Baghdad on the future of Iraq's financial markets, Ali Mohsen Al-Allaq, Governor of the Central Bank of Iraq (CBI) said rapid global financial and technological shifts […]
By John Lee. The Embassy of Iraq in Ankara has begun issuing electronic visas, marking the first deployment of the system outside the country. The launch was overseen by Ambassador Majid Al-Lajmawi and Nashat Ibrahim Al-Khafaji, Director General of the Directorate of Civil Status, Passports and Residence. The initiative is part of a joint programme […]
By John Lee. Shares in Gulf Keystone Petroleum (LSE: GKP) closed down 2.7 percent on Wednesday after the company provided an operational and corporate update. It said it received its first payment in November at around $30/barrel (below international prices under interim agreements), has returned $50 million to shareholders in 2025, and is on track to […]
By John Lee. The fourth session of the Iraqi-Azerbaijani Joint Committee has been held in the Azerbaijani capital, Baku, with senior-level participation from both countries. The Iraqi side said the meeting represents an important step towards strengthening bilateral cooperation and reflects a shared commitment to developing relations across key sectors. The discussions also focused on […]
By John Lee. Iraq and Qatar have discussed steps to strengthen economic and trade cooperation, including advancing an investment protection and promotion agreement and expanding joint projects. The talks covered opportunities to diversify Iraq's import sources through Gulf states, improve logistics routes, and reduce transport costs by making greater use of advanced Qatari port services. […]
By John Lee. Iraq has held talks with US oil company Chevron on potential cooperation in developing the Nasiriyah oil field and possible engagement at the West Qurna-2 field. The discussions focused on advancing investment negotiations between the Ministry of Oil and the US energy company, within the framework of Iraq's strategy to work with […]
By John Lee. Two major road infrastructure projects have been launched to improve connectivity and ease congestion in the central Euphrates region. The first project involves construction of a 34-kilometre road linking Karbala province to the highway network, including 14 bridges, one of them spanning the Euphrates River. The project has a total cost of […]
By John Lee. Iraqi insurance companies recorded written premiums of more than IQD 207.3 billion (approximately USD 159 million) during the third quarter of 2025, reflecting annual growth of over 75 percent, according to a report from the state-run Iraqi News Agency (INA), citing official data. It showed Iraqi Insurance Company leading the sector with […]
