Tag Archives | featured

Iraq attracted $102bn Investments over Past Three Years

By John Lee. The National Investment Commission (NIC), chaired by Dr. Haider Mohammed Makiya, hosted a broad meeting in Baghdad recently, bringing together leading political analysts, journalists, and media representatives to present Iraq's investment achievements and future plans. During the session, Dr. Makiya detailed that Iraq has attracted total investments of $102 billion over the […]

Vallourec Wins Second Major Contract from TotalEnergies in Iraq

By John Lee. France's Vallourec has been awarded a second contract by TotalEnergies to supply casing, tubing, and associated accessories for the drilling of 48 wells under the Associated Gas Upstream Project 2 (AGUP2). The project forms a key part of the Gas Growth Integrated Project (GGIP), operated by TotalEnergies in partnership with Basra Oil Company […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 6th Nov 2025. Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed on Nov. 11, 2025 (Tuesday) due to an official holiday (Parliamentary Elections). The next trading session will be held […]

Award Signing for $764m Redevelopment of Baghdad Int'l Airport

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Wednesday oversaw the signing ceremony for awarding the redevelopment and expansion project of Baghdad International Airport (BIAP) to the winning consortium, CAAP, led by Corporación América Airports (Luxembourg, Argentina) in partnership with Iraq's Amwaj International. The International Finance Corporation (IFC) of the World Bank Group served […]

Soft Loans for Women's Enterprises in Iraq

By John Lee. Prime Minister Mohammed Shia Al-Sudani announced on Wednesday the launch of the Basmat (Fingerprint) Initiative, which provides soft loans for women to establish small and medium-sized projects, in cooperation with several national banks. Al-Sudani praised the efforts of all those who contributed to this national initiative, which aims to enhance women's participation […]

Major New Hospital Opens in Basra

By John Lee. The Basra Governorate has inaugurated one of its largest healthcare projects -- the new Specialised University Hospital -- a 15-storey, 446-bed facility fully funded by the local government for the benefit of the University of Basra. Governor Asaad Abdul-Amir Al-Eidani officially opened the hospital in central Basra, describing it as a "medical […]

Trial Ops begin at New Iraqi Refineries

By John Lee. Iraq's Ministry of Oil has begun the initial stages of trial operations at the North Refinery-2 and Salahuddin Refinery-3, with a combined refining capacity of 140,000 barrels per day (70,000 bpd each), according to Adnan Mohammed Hamoud, the Deputy Minister of Oil for Refining Affairs. Hamoud described the achievement as one of […]

Why China is here to stay in Iraq's Energy Sector

By Jared Levy and Ben Van Heuvelen for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Why China is here to stay in Iraq's energy sector Even as Iraqi Prime Minister Mohammed Shia al-Sudani has worked to increase US involvement […]

Greece to Launch First Direct EU Flights to Baghdad

By John Lee. Greek Minister of Foreign Affairs George Gerapetritis met recently in Baghdad with Iraq's Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, where they discussed ways to enhance cooperation across a wide range of sectors including trade, investment, energy, academia, tourism, agriculture, construction, and water management. Minister Gerapetritis highlighted Iraq as […]

Rafeel Economic City Project: PM meets Talaat Moustafa Group

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Monday received Mr. Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG) along with his accompanying delegation. The meeting was attended by the Chairman of the National Investment Commission (NIC) and the Saudi Ambassador to Iraq. The discussions focused on the Al-Rafeel [Rafael] Economic City […]