Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.
By Hayder Al-Shakeri, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Postcard from Baghdad: How climate activists are turning the 'Tishreen dream' green The 2019 uprising ended violently, but young people's fight for a better future carries on. Hayder Al Shakeri […]
By John Lee. Iraq Venture Partners (IVP) has identified four main areas as untapped investment opportunities in the Iraqi market: Fintech: Limited access to formal banking creates demand for mobile payment solutions and digital financial products. There is room for growth in areas like peer-to-peer lending, microfinance, and digital banking solutions that enhance financial inclusion, […]
By John Lee. The US State Department issued its 2024 Investment Climate Statement for Iraq earlier this year. The report covers the following key areas: Openness To, and Restrictions Upon, Foreign Investment Bilateral Investment and Taxation Treaties Legal Regime Industrial Policies Protection of Property Rights Financial Sector State-Owned Enterprises Responsible Business Conduct Corruption Political and Security Environment […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has launched the Baghdad Sustainable Forests Project, which will be developed on the former Al-Rashid Camp. Area: Over 1,200 hectares (approximately 4,800 dunams; 3,000 acres). Economic Impact: Expected to generate 80,000 job opportunities. Significance: First project of its kind in Iraq and the region in terms of […]
By John Lee. A delegation from Iraq's Parliamentary Committees on Agriculture, Water, Marshlands, Economy, and Trade, led by MP Faleh Al-Khazali, visited the Polish Chamber of Commerce in Warsaw to discuss strengthening bilateral economic, agricultural, and industrial ties. The delegation met with Mr Shumovsky, Head of International Cooperation at the Chamber, and senior Polish trade […]
By John Lee. Archer Daniels Midland (ADM) will reportedly sell 44,000 metric tons of U.S. long grain rice to Iraq. According to FarmProgress.com, the product is expected to be shipped in January. More here. (Source: FarmProgress.com)
From the Norwegian Refugee Council (NRC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Cracked Earth, shrinking harvest: Drought impact on displaced and returnee Iraqis This report explores an often-overlooked theme: the impact of climate on individuals and communities who are still displaced. How-if […]
By John Lee. Dr. Haider Mohammed Makiyya, Chairman of Iraq's National Investment Commission (NIC), announced the commission's active role in sustainable development projects, particularly in reclaiming millions of dunams of agricultural land stretching from southern Iraq to Anbar. According to an NIC statement, this initiative aims to foster partnerships with international organizations that can provide […]
By Dr. Zmkan Ali Saleem, Dr. Hussein Mishbak and Karam Robeil, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Economic Review: KRG's Financial Conundrum | Iraq's […]
By John Lee. In what it describes as a landmark decision, the Green Climate Fund (GCF) has approved funding for two transformative projects valued at $134 million, to support adaptation and enhance the climate resilience of vulnerable agricultural communities in Somalia and Iraq. These initiatives, spearheaded by the Food and Agriculture Organization of the United […]
By Peter McMeekin, of Grain Brokers Australia, for Grain Central. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq suffers a wheat-surplus headache Historically a major wheat importer, Iraq is facing an unexpected surplus in 2024-25 after growers planted a record area on the […]
By John Lee. The Iraqi government has agreed new pricing for wheat based on the type of irrigation method used. Wheat grown on lands using modern irrigation systems will be priced at 850,000 Iraqi dinars [$649] per ton, with a 90% government subsidy compared to global market prices; wheat from lands using traditional irrigation will […]
