By John Lee. Germany’s Siemens may have to share a $15-billion contract to supply power-generation equipment to Iraq with US rival General Electric (GE). The Financial Times reports that although it appeared that Siemens would win the deal, the Trump administration successfully intervened on behalf of GE. Last month German business newspaper Handelsblatt reported that […]
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iraq Britain Business Council completes productive trade mission to Baghdad IBBC recently completed a productive mission to Baghdad, meeting with high-level government officials and British authorities in Iraq. Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade Envoy to Iraq led the delegation alongside Mr Rasmi Al Jabri, Deputy Chairman of IBBC, […]
By John Lee. A Spanish company has won a tender to supply and deliver digital colour doppler ultrasound system to the International Atomic Energy Agency (IAEA) in Iraq. The value of the contract with Semitek Group – David Garcia Arribas has not be disclosed. (Source: UNGM)
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. British Ambassador Jonathan Wilks warned at a press conference last month that, at its current rate of growth, Iraq’s population would increase by a million people per year. Iraq’s Central […]
The Al-Bayan Center for Planning and Studies has just published a new report by Hayder al-Khafaji on electricity generation in Iraq: Meeting energy needs in a manner that achieves security for Iraq has become a major source of concern for the electricity sector in the country; with the industry claiming that it lacks the capacity to […]
By Fehim Tastekin for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. While Turkey was eagerly anticipating a new government in Baghdad to sort out many problems with Iraq, a last minute decision by the outgoing prime minister has added a fresh item […]
By John Lee. The Gulf Cooperation Council (GCC) is reportedly in discussions with Iraq to connect electricity grids. An official at the UAE’s Ministry of Energy and Industry told Reuters that the GCC could export its surplus electricity to Iraq. (Source: Reuters)
A new government in Baghdad can make real progress if the US offers the right kind of support, says Eli Lake. Writing for Bloomberg Opinion, he argues that to do that, the US needs to signal its commitment to Iraqi cities under threat from the militias. Read the full article here from Bloomberg.
By John Lee. A Baghdad-based company has won a tender to supply and deliver garbage compactors, loaders and truck tractor with low-bed trailer to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with Al-Nuwaira Trading Agencies Co. is valued at $320,000. (Source: UNGM)
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Iraqi Ministry of Planning announced the launch of the Social Fund for Development on Sept. 23, with initial capital of $300 million, in cooperation with the World Bank. The project […]
EY Iraq has announced its collaboration with Morgan International – a leading provider of international professional certification and diploma programs in the areas of accountancy, finance, human resources, marketing and logistics – to enable the provision of professional training in Iraq for the Certified Public Accountant (CPA), Certified Management Accountant (CMA), Chartered Financial Analyst (CFA) […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. This week, German conglomerate Siemens announced that it’s in discussions to help rebuild and boost Iraq’s power generation infrastructure. So, what are the challenges facing the new Iraqi government? Why can’t one of […]