Archive | Iraq Industry & Trade News

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

Ninewa Investment Forum

The Ninewa Investment Forum is taking place from 3rd to 5th December in Erbil. This two-day event will showcase investment-ready businesses to private investors from around the world. Presenting a portfolio of very attractive investment opportunities will spark a virtuous cycle of both exciting project opportunities and increased investor confidence. The event is organized by […]

Iraqi Protesters Block Major Port

By John Lee. Protesters in Iraq have reportedly blocked the country’s second-largest commercial port on Tuesday. According to Fox News, they halted operations at the Khor al-Zubair port as oil tankers and other trucks were unable to enter or exit. They have also obstructed access to Umm Qasr port. (Source: Fox News)

Al-Burhan Group acquires BIAP Hotel

Al-Burhan Group has taken over the management of Baghdad International Airport Hotel in a joint partnership with the Iraqi Civil Aviation Authority (ICAA). The hotel consists of 100 rooms, a fitness centre with sauna and steam room, the hotel also benefits from having a conference Centre, meeting rooms, exhibition space, large landscaped gardens and ample […]

Iraq Falls in Doing Business Index

By John Lee. Iraq has been ranked 172nd out of 190 countries in the World Bank‘s recent Doing Business 2020 report, down from 171st place the previous year. Top of the list were New Zealand, Singapore and Hong Kong, with last place going to Somalia, just behind Eritrea and Venezuela. Iran ranked 127th, with Libya […]

Youth in 2030 Agenda

By Sundus Abbas, SDGs project Manager. The importance of human development in Iraq stems from the damage Iraqis underwent as a result of decades of despotism, war and different forms of violence and insecurity. Despite all that, Iraq’s strongest asset and real wealth remains the young population that can face all forms of the current […]

UNOPS Agreement for Hardware Tools, Cleaning Materials

By John Lee. Two companies have been chosen by the United Nations Office for Project Services (UNOPS) for the “Long Term Agreement for Provision of Hardware Tools and Cleaning Materials in Iraq“. Lot 1 – Central and Norther Governorates: awarded to Albilad Alhurra company  Lot 1 – Central and Norther Governorates: awarded to HRA for […]

IBBC hosts Major Iraqi Business Delegation in London

IBBC hosts largest ever delegation of Iraqi business people at London Business Forum In a wide-ranging business event over 230 Iraqi business-people and 70 British gathered to meet and discuss Business relations, trade, investment and engagement with the UK’s Business community. Delegates from all regions of Iraq through the chambers of commerce gathered to hear […]

Iraq – Discovering Business 2020

Allurentis, UK publishers of The New Iraq series, are now in production of Iraq – Discovering Business 2020. The publication will be launched at the end of this year and circulated to companies and individuals looking to trade and invest in Iraq throughout 2020. There are opportunities for organisations from all sectors to promote their services to […]

MAN provides 53 MW of Electrical Power to Iraq

Germany’s MAN Energy Solutions is providing a drink can factory of the Royal Can Making Company (RCMC) in Iraq with six MAN 18V32/40 CD engines, with a total capacity of 53 megawatts (MW). The recently constructed power plant in Baghdad, the capital of Iraq, will supply power to the RCMC manufacturing site and also to […]

Taiwan signs MOU with Sulaimaniyah Chamber

By John Lee. The government-sponsored Taiwan External Trade Development Council (TAITRA) has reportedly signed a memorandum of understanding (MOU) with the Sulaimaniyah Chamber of Commerce & Industry (SCCI) in a bid to promote bilateral trade. Taiwan News says the document was signed by SCCI President Sirwan Mohammed Mahmood and TAITRA Executive Vice President Leonor F. […]