By John Lee. The United Nations Development Programme (UNDP) has made a series of recommendations on tackling corruption in Iraqi Kurdistan. The recommendations are included in its report on the second phase of the Trial Monitoring Programme on grand corruption cases in the region. Expand Judicial Specialization: Replicate the Fourth Erbil Criminal Court model in […]
By Hayder Al Shakeri for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq 2025 election: Reform candidates pushed out by a system that rejects change Hopes that reform of Iraq's political system would be possible from within have been dashed […]
By John Lee. Norway's DNO ASA has announced a major scaling-up of operations in the Kurdistan Region after surpassing 500 million barrels of cumulative oil production from the Tawke licence, where it holds a 75 percent operating stake. Drilling will resume next week after a 2.5-year spending pause, beginning with a new production well in the […]
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. […]
