By John Lee. The National Investment Commission (NIC), led by Dr. Haider Mohammed Makiya, has expressed deep sorrow at the passing of Dr. Sami Raouf al-Araji, the former Chairman of the Commission. In ...

By John Lee. Iraq's Ministry of Electricity has confirmed a sharp decline in gas supplies from Iran, causing a loss of approximately 3,800 megawatts from the national power grid. According to Saad ...

By John Lee. The eight OPEC+ countries, including Iraq, have reaffirmed their coordinated approach to oil market stability and announced a collective production adjustment for August 2025. In a ...

By John Lee. State-owned Rasheed Bank has launched specialised loans for purchasing renewable energy systems, specifically solar panels, with financing provided directly by the Central Bank of Iraq ...

By John Lee. The Dhi Qar Oil Company (DQOC) has launched a comprehensive production plan to develop three key oil fields in Iraq's Dhi Qar province: Nasiriyah, Saba [Subba], and Garraf [Gharraf]. Gene ...

By John Lee. UAE-based venture capital fund EQIQ has announced a $3-million anchor investment in a new digital banking startup led by Iraqi-American finance veteran Hussain Qaragholi (pictured). The ...

By John Lee. The Central Bank of Iraq (CBI) has announced that bank lending to the private sector grew by 1.1% in Q1 2025, ...