Archive | Iraq Industry & Trade News

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

Soft Loans for Women's Enterprises in Iraq

By John Lee. Prime Minister Mohammed Shia Al-Sudani announced on Wednesday the launch of the Basmat (Fingerprint) Initiative, which provides soft loans for women to establish small and medium-sized projects, in cooperation with several national banks. Al-Sudani praised the efforts of all those who contributed to this national initiative, which aims to enhance women's participation […]

Greece to Launch First Direct EU Flights to Baghdad

By John Lee. Greek Minister of Foreign Affairs George Gerapetritis met recently in Baghdad with Iraq's Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, where they discussed ways to enhance cooperation across a wide range of sectors including trade, investment, energy, academia, tourism, agriculture, construction, and water management. Minister Gerapetritis highlighted Iraq as […]

Turkey "to Play Key Role in Iraq's Reconstruction"

By John Lee. Turkey's Minister of Trade, Prof. Dr. Omer Bolat, has affirmed that Turkey will assume a key role in Iraq's reconstruction, supported by the experience of Turkish contractors who have completed projects worth $36.6 billion in the country. Speaking in Baghdad at the Iraq General Trade and Contracting Delegation Meeting -- organised by […]

Iraq, Turkey sign Water Cooperation Agreement

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Sunday presided over the signing ceremony of the implementation mechanism for the framework cooperation agreement between Iraq and Turkey in the field of water. The agreement was signed by Iraq's Foreign Minister Fuad Hussein and Turkish Foreign Minister Hakan Fidan. Prime Minister Al-Sudani stated that the […]

$100m Food Processing Plant opened in Erbil

By John Lee. KRG Prime Minister Masrour Barzani recently opened the Megal Project in Erbil -- a $100 million private-sector investment in agriculture, livestock, and the food industry. The project spans 366 acres and includes a slaughterhouse, shopping centre, animal control and wastewater treatment facility, waste incineration unit, and landscaped areas - all designed to […]

UK Firm Delivers First 12 Fire Appliances to Iraq

By John Lee. Emergency One (UK) Ltd has completed the first 12 bespoke fire appliances for the Iraqi Ministry of Interior (MOI), marking a significant milestone in the country's fleet modernisation programme. In January 2025, it was announced that Emergency One had been awarded the contract to supply 31 bespoke fire appliances to the Ministry […]

Iraq Wins $49m Lawsuit in Paris

By John Lee. Iraq's Ministry of Justice has announced successfully winning a lawsuit before the Judicial Court in Paris. The case was filed by the Gulf Falcon Company, which had sought arbitration and a claim of USD 49 million against the Iraqi government. According to the Director General of the Legal Department at the Ministry, […]

Iraqi PM Launches Maysan Pharmaceutical Plant

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has laid the foundation stone the Maysan Intravenous Solutions and Pharmaceuticals Plant -- Iraq's second such facility -- marking what his office describes as another milestone for the country's growing private pharmaceutical industry. Speaking at the ceremony in Maysan [Missan], the Prime Minister reaffirmed the government's confidence […]