Archive | Iraq Industry & Trade News

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

Iraq approves Paris Climate Accord

By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq approves Paris climate accord in step toward curtailing oil dependence Iraq faces significant hurdles in transitioning to an economy without oil dependence, and future trends can be expected to exacerbate […]

Iranian Traders setting up in Iraq

By John Lee. At least 24 Iranian traders have set up shop in Dohuk this week alone, according to a report from AP. Pressure as a result of sanctions on Iran are causing Iranian businesses to look more to Iraq for customers. Click here to read the full report from AP. (Source: AP)

EUR 22.5m Project to Strengthen Iraqi Agriculture

Promoting inclusive economic growth and job creation in Iraq Unemployment remains a persistent challenge in Iraq especially for youth and women. Many internally displaced persons are unemployed, underemployed, informally employed, or out of the labour force. The COVID-19 pandemic has further compounded these employment challenges. In this context, providing jobs and livelihoods remains a high […]

UN appoints new Deputy Special Representative for Iraq

Secretary-General appoints Ms. Ingibjörg Sólrún Gísladóttir of Iceland as Deputy Special Representative for Iraq United Nations Secretary-General António Guterres has announced the appointment of Ingibjörg Sólrún Gísladóttir of Iceland as his new Deputy Special Representative for Political Affairs and Electoral Assistance of the United Nations Assistance Mission for Iraq (UNAMI). Ms. Gísladóttir succeeds Alice Walpole […]

Nationalizing the SDG Indicators in Iraq

Nationalizing the Sustainable Development Goal Indicators in Iraq The United Nations Development Programme alongside the Iraqi Ministry of Planning (MoP) is strengthening the integration of the United Nations Sustainable Development Goals (SDGs) in Iraq by nationalizing the SDG indicators. The focus on localizing the SDG indicators will ensure Agenda2030 is effectively incorporated into Iraq's the […]

Covid-19: Iraq Extends Travel Ban

Iraq's Higher Committee for Health and National Safety held a meeting on Wednesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Committee reviewed the latest Covid-19 related developments and decided to: Update the travel ban to include travel to and from Australia, Austria, Belgium, Brazil, Denmark, Finland, France, Georgia, Germany, Greece, India, Ireland, Japan, […]

Iraqi Govt to Favour Local Firms for Procurement

By John Lee. The Iraqi Cabinet has directed state institutions to give priority in their procurement to Iraqi industrial firms. A Cabinet Spokesperson said Iraqi firms would be favoured, whether in the private or public sectors. He added that this is part of a wider strategy to support Iraqi industry. (Source: Govt of Iraq)

Startup announces Funding through Iraqi Angel Investors Network

The Iraqi Angel Investors Network (IAIN) announced its third facilitated investment into startups in Iraq. The members of the network; Amar Shubar and Jaafar Al Musawi, along with other co-inventors, have made a six figures investment into Hi-Express. In addition, the investment was partially matched by a USD 20,000 in grants from the Deutsche Gesellschaft […]

Iran targets $20bn Trade with Iraq

Iran's Energy Minister Reza Ardakanian stressed the need to support Iranian and Iraqi private sectors and remove the obstacles to investment in order to achieve the goal of annual trade exchange of $20 billion between the two neighbors. Delivering a speech to Iran-Iraq Economic Conference on Tuesday, Ardakanian said the main and common target of […]

US Sanctions Iraqi Militia Leader

By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated Iraqi Popular Mobilization Committee (PMC) Chairman and former National Security Advisor Falih al-Fayyadh for what it says is his connection to serious human rights abuse. In response, the Iraqi Foreign Ministry has expressed its surprise on the decision, and […]