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Tag: Iraq

Posted on June 5, 2025

Turkish Firm to Double Electricity Interconnector Capacity to Iraq

By John Lee. Iraq’s Minister of Electricity, Ziyad Ali Fadel, has overseen the signing of a new contract with Turkish company Alifrin to double the capacity of the Iraq-Turkey electricity …
Posted on June 5, 2025

Energy Promises Fade as Iraq Faces a Long Hot Summer

U.S. sanctions on Iranian gas, disputes with the Kurdistan Regional Government, and rival political factions threaten to derail energy projects.
Posted on June 4, 2025

Rabee Securities Iraq Stock Exchange Index posts 0.7% growth in May

The RSISX Total Return Index (RSISXTR) outperformed, rising 6.4 per cent, driven by strong dividend activity. Key contributors included Bank of Baghdad (IQD0.65 per share …
Posted on June 4, 2025

Rabee Securities Iraq Stock Exchange Index posts 0.7% growth in May

The RSISX Total Return Index (RSISXTR) outperformed, rising 6.4 per cent, driven by strong dividend activity. Key contributors included Bank of Baghdad (IQD0.65 per share …
Posted on June 4, 2025

Iraq to Boost Summer Power Supply through Karpowership Deal

By John Lee. Iraq’s Council of Ministers has approved direct contracting with Turkiye’s Karpowership Group to enhance electricity supply during the high-demand summer period. The contracts will add …
Posted on June 4, 2025

Iraqi parliament presidency slams finance ministry for blocking KRG salaries

ERBIL, Kurdistan Region – The Iraqi parliament’s presidency on Wednesday expressed its “deep regret” over the federal finance ministry’s decision to stop sending salaries for over a million Kurdistan …
Posted on June 4, 2025

Iraqi parliament presidency slams finance ministry for blocking KRG salaries

ERBIL, Kurdistan Region – The Iraqi parliament’s presidency on Wednesday expressed its “deep regret” over the federal finance ministry’s decision to stop sending salaries for over a million Kurdistan …
Posted on June 4, 2025

KRG accuses Baghdad of ‘collective punishment’ over unpaid salaries

The Kurdistan Region’s Council of Ministers on Wednesday accused the Iraqi government of imposing a “siege” on the Region by withholding public sector salaries, leaving over a million civil servants …
Posted on June 3, 2025

UK’s Agrium Capital to Build Infant Formula Plant in Iraq

By John Lee. The Iraq Development Fund has reportedly signed a memorandum of understanding with British firm Agrium Capital to establish Iraq’s first modern infant formula production facility, with a …
Posted on June 2, 2025

How Iraqi militias laundered money for Iran through global payment networks

US and Iraqi authorities revealed a complex scheme involving prepaid cards that funneled illicit funds to Iranian-backed terror militias.

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