By James Jeffrey for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. After Operation Inherent Resolve: The Future of U.S.-Iraq Security Relations Whether Washington opts for complete withdrawal, a smaller, Kurdistan-based presence, or a 180-degree shift to […]
By John Lee. Oil exports from Iraq's Kurdistan Region are set to resume through the Iraq-Turkey Pipeline (ITP) following agreements between Baghdad's Federal Government, the Kurdistan Regional Government (KRG), and international oil companies, ending the prolonged export suspension. DNO ASA will deliver the Kurdistan Regional Government's share of production from its Tawke license, currently averaging […]
By John Lee. A strategic partnership between gini, Qi Card of Iraq, and Global X of the UAE has announced the integration of gini's network with Tradex, marking what it describes as the launch of the region's first fully integrated cross-border B2B digital trade platform. The announcement in Dubai was attended by partners including Mastercard, […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Wednesday to accelerate the completion of the al-Bada'a Canal project, intended to secure water supplies for Basra. The session was attended by the Minister of Water Resources, the Head of the Advisory Board at the Prime Minister's Office, and senior officials from the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 25th Sept 2025. Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,370.7 0.1% 5.4% RSISX USD Index […]
By John Lee. The Kurdistan Regional Government (KRG) Ministry of Natural Resources has confirmed that it has fulfilled its obligations regarding oil exports from the Kurdistan Region, in coordination with the Federal Ministry of Oil. It says that all domestic and foreign companies, with the exception of one foreign entity that has yet to formalise […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Wednesday inaugurated the implementation of the Toyota Iraq industrial, storage, and service investment project in Baghdad. Al-Sudani described the initiative as a landmark for foreign investment in Iraq, highlighting it as a model of partnership between the national private sector and global companies. He underlined that […]
By John Lee. The International Association of Horticultural Producers (AIPH) has formally approved Expo 2029 Garden in Baghdad, marking Iraq's first AIPH-approved International Green Expo. The approval followed an application process, site inspection, and a letter of endorsement from Prime Minister Mohammed Shia Al-Sudani, who confirmed the project as a national strategic priority. Expo 2029 […]
DNO ASA, the Norwegian oil and gas operator, has announced that Birgitte Wendelbo Johansen has been appointed Chief Financial Officer effective 1 November 2025, replacing Haakon Sandborg who is stepping down following 24 years in the role. Ms. Johansen joins DNO from Reach Subsea ASA, an Oslo Børs listed oil services company, where she served […]
By John Lee. The Iraqi Cabinet has amended Resolution 24306 of 2024 to authorise the National Investment Commission (NIC) to contract with the advisory consortium comprising Malaysia's HSS [HSS Engineering Berhad (HEB)] and the UAE's CHSS (as partner) for the Najaf-Karbala metro project. The decision allows the NIC to grant the investment licence and sign […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a special meeting on Monday to review progress on the Ali Al-Wardi New Residential City (Madinat al-Ward), planned for southeast Baghdad. The project, spanning 61 million square metres, will provide 120,000 housing units of various types. It is positioned as a key solution to Iraq's housing […]
By John Lee. The Iraqi Ministry of Justice has announced a major legal settlement with three Dutch companies. It said that the companies had filed international lawsuits against Iraq with claims amounting to about $800 million [IQD 1.04 trillion]; following "sustained legal and technical negotiations," the amount was reduced to $80 million [IQD 104 billion], […]
