Archive | Iraq Industry & Trade News

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

Al Majal Business Park (AMBP) in Burjessia Celebrates 6th Anniversary

On September 21st, 2015, Al Majal Business Park (AMBP) opened its doors in Burjessia, serving local and international clients. Today AMBP is a recognized, leading life support services provider in Iraq. Innovation has always been part of our journey. We continue to apply value-driven innovative ideas to deliver world-class services at AMBP. Our team works […]

AD Ports signs MoU with Iraq

By John Lee. Abu Dhabi Ports (AD Ports Group) has signed a Memorandum of Understanding (MoU) with the General Company for Ports of Iraq (GCPI) to promote increased cooperation between the two organisations within the fields of transportation and maritime. Facilitated during a recent visit of a high-level delegation led by the Iraqi Minister of […]

Iraq, Saudi Arabia to Streamline Border Trade

By John Lee. Iraq and Saudi Arabia agreed to work together to help streamline the flow of goods between the two countries. Meeting at the recently-reopened border post of Arar, officials from both sides agreed to implement more efficient electronic clearance systems to reduce delays. They will also upgrade the road connections leading to Arar. […]

Iran to open Trade Center in Sulaymaniyah

By John Lee. Iran is reportedly planning to open a trade and exhibition centre in Sulaymaniyah (Slemani). Tehran Times quotes an official at Iran's Trade Promotion Organization (TPO) as saying that the new centre will facilitate the entry of Iranian companies into the Iraqi market. It will be set up in collaboration with the Iran […]

KRG "Bans Tomato Imports from rest of Iraq"

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan's unemployed youth blame the government The Kurdistan Regional Government (KRG) has banned imports of tomatoes from Iraq, following protest from farmers because of the low price of their fruit. Click here to read […]

New Study to help Strengthen Iraq's Private Sector

The Ministry of Planning's Central Statistical Organization (CSO) in partnership with the United Nations Development Programme (UNDP) and with funding from the United States Agency for International Development (USAID) has launched a study on Micro, Small, and Medium-Enterprises (MSMEs) in Iraq. The study provides an evidence base to inform policies and strategies aimed at creating […]

Iraqi PM visits Iran, Aims to Expand Trade

By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi visited Tehran on Sunday and met with Iran's President, Ebrahim Raisi. According to media sources, Kadhimi is the first first foreign leader to meet the new Iranian leader. He also met the Speaker of the Iranian Shura Council, Muhammad Baqir Qalibaf, and the First Vice President of […]

Elsewedy and TTC complete Substations in Iraq

By John Lee. Elsewedy Electric and Toyota Tsusho Corporation (TTC) have reportedly announced the completion of four electrical substations in Southern Iraq. According to Zawya, the $546-million contract was signed in February 2018, with the participation of the Japan Bank for International Cooperation (JBIC), Bank of Tokyo-Mitsubishi UFJ, and Sumitomo-Mitsui Banking Corporation, under insurance cover […]

Updated Cooperation Framework for Sustainable Development in Iraq

UN and Government of Iraq sign the updated Cooperation Framework for Sustainable Development to support prosperity and development The Government of Iraq and the United Nations have signed the updated version of the Sustainable Development Cooperation Framework (UNSDCF) 2020-2024, which will guide the work of the UN system in Iraq. The signing ceremony for the […]

Sandoog to offer Order Fulfillment Service

By John Lee. Iraqi last-mile delivery service Sandoog has announced that it is releasing an upgraded platform to serve local and international e-commerce enterprises looking to reach customers in Iraq at scale. The new service now offers order-fulfillment capabilities, which means stock can be stored at its facilities and delivered to customers nationwide. And with […]