Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Interview: Martin Aggar, GM of Al-Burhan Security

By Padraig O’Hannelly. Last week, the US Embassy in Baghdad ordered the departure of non-emergency U.S. Government employees from Iraq, as tension mounts between the Trump administration and neighbouring Iran. In the meantime, several other organisations have taken similar moves. While this has made headlines, has there been any real change on the ground? Iraq […]

Al-Khateeb: Don’t Politicise Electricity

By John Lee. Iraq’s Minister for Electricity has warned of the dangers of politicising the problems in the country’s electicity sector. Luay al-Khateeb told AFP: “Electricity is a national security issue … In the end, any political, economic or security crisis in Iraq will affect the whole region — and the global economy will be […]

US Senate confirms Tueller as Ambassador to Iraq

By John Lee. The U.S. Senate has confirmed the nomination of Ambassador Matthew Tueller to be the Ambassador to Iraq. Tueller has most recently served as U.S. Ambassador to Yemen. A native of Utah, Utah, his other overseas assignments have included Ambassador to Kuwait, Deputy Chief of Mission at Embassy Cairo; Political Minister Counselor at Embassy Baghdad; Deputy […]

Entrepreneurship Program – Applications now Open!

Five One Labs is pleased to announce IGNITE, our very first entrepreneurship program focusing on achieving product market fit. This program will help you better understand the market you are competing in and how you can create the most value for your customers. We are now recruiting tech-entrepreneurs from communities all around Iraq to participate […]

The Entrepreneurial Spirit of Iraq’s Civil Movement

By Ahmed Tabaqchali, for 1001 Iraqi Thoughts. Iraq’s new entrepreneurial generation of civil activists’ sense of civic duty flourished during the trauma brought by the ISIS takeover of a third of the country in 2014, and has continued to grow since then as reviewed in a recent report. The report into “A New Generation of […]

Restarting Businesses in Fallujah, Kirkuk and Mosul

IOM Iraq’s Enterprise Development Fund (EDF) encourages rapid, large-scale private sector job creation and economic recovery through tailored support to Small and Medium Enterprises (SMEs). The EDF is a financing mechanism that provides SMEs with financial capital to contribute to their recovery and/or expansion. To assess the capacity of the market to absorb medium-sized grants, […]

Al-Burhan Group – Your Route to Iraq

By Padraig O’Hannelly. Building a successful business means delivering what you promise. When I recently needed to go to Baghdad at short notice, I remembered a conversation I had with Abir Burhan, Operations Director of Al-Burhan Group: “Any time you want to go to Iraq,” he said, “we can take care of your visa, flights, […]

Investment Opportunities: 7 Solar Energy Projects

By John Lee. The National Investment Commission (NIC) has published details of a new round of solar energy projects: The Ministry of Electricity is please to invite local, regional and international Independent Power Producers (IPP) to submit Expressions of interest (EOI) to embark into a proposed reverse auctioning round for SEVEN (7) Green field solar […]

IBBC holds Iraq’s First Int’l Tech Conference in Baghdad

The Iraq Britain Business Council (IBBC) held Iraq’s first International Tech Conference in Baghdad at the Babylon Rotana Baghdad Hotel on 30 April, hosting government ministers, private industry, entrepreneurs, investors, and representatives from the leading UK and Iraq Tech companies. The purpose of the Conference was to drive confidence, investment and awareness of the power […]

IMF: Non-Oil Growth to Increase to 5.4%

IMF Staff Completes 2019 Article IV Mission on Iraq An International Monetary Fund (IMF) team led by Gavin Gray visited Amman from April 26 to May 2, to hold discussions with the Iraqi authorities in the context of the 2019 Article IV Consultation. At the end of the visit, Mr. Gray made the following statement: […]