Archive | Iraq Industry & Trade News

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

Orisdi signs 6-figure Deal with Al Sharqiya TV

By John Lee. Iraqi e-commerce company Orisdi has signed a six-figure deal with Al Sharqiya TV. Sharqiya is one of the largest media groups operating in Iraq, having launched the country's first fully independent privately-owned satellite TV channel in 2004, complemented by the addition of the Sharqiya News channel in 2008. The investment round was facilitated […]

Deloitte: "Doing Business Guide Iraq"

By John Lee. Deloitte has published its "Doing Business Guide Iraq", which highlights key areas of consideration for businesses who are looking to invest in the country, as well as those who are already present, but are looking to undertake a review of their tax exposures. The report provides businesses with insights on the legal […]

Plans to Improve Billing of Utilities in Iraq

By John Lee. Iraq's National Data Center Department, in the General Secretariat of the Council of Ministers, has held a meeting to discuss a system for controlling data on water and electricity lists and linking them to the actual property occupant. Importantly, the meeting included discussion of electronic payment and collection mechanisms. The meeting was […]

IOM highlights evolving Economic Needs in Iraq

IOM assessments highlight evolving economic needs under unprecedented impacts of COVID-19 in Iraq Necessary measures to contain the spread of COVID-19 combined with volatile oil prices and a decrease in the value of the Iraqi dinar brought an end to two years of sustained economic growth in Iraq, heavily impacting individuals and communities affected by […]

Iraq's next Parliament will include Record Number of Women

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's next Parliament will include Record Number of Women As the results from Iraq's Oct. 10 parliamentary elections trickle in, it is becoming clear that women candidates have excelled. The next 329-member Iraqi […]

Discontinued Iranian Car Selling Well in Iraq

By John Lee. Iranian car maker Saipa has reportedly said that its discontinued 'Pride' model is still selling well in Iraq. An official at the company said that, at $6,800, the Kia-based car is the cheapest in Iraq, and it has already sold 160,000 units in Iraq this year. According to Press TV, the car […]

New Ambassadors to Iraq

By John Lee. Iraq's Foreign Minister, Fuad Hussein, has this week received the credentials of two new ambassadors to Baghdad: the German Ambassador to Baghdad, Mr Martin Jaeger (pictured); the Polish Ambassador to Baghdad, Mr Marcin Kubiak. (Source: MoFA)

Elryan partners with Carrefour for Online Grocery Shopping in Iraq

By John Lee. Iraqi e-commerce platform Elryan.com has significantly expanded its product offering to include grocery items with the launch of its partnership with major international retailer, Carrefour. In a statement, Elryan says the partnership brings a new level of choice, convenience, and service to Elryan's more than 100,000 active customers. Products will be delivered […]

Economic Recovery "Slow" for SMEs in Iraq

Economic recovery is slow for SMEs in Iraq during the second year of COVID-19 To measure the impact of COVID-19 on small- and medium-sized enterprises (SMEs) in Iraq, the International Organization for Migration (IOM), the Food and Agriculture Organization (FAO), and the International Trade Center (ITC) conducted a panel study of 716 SMEs, covering June […]

Iraq, UAE sign Contract to build 5 Solar Power Stations

By John Lee. Prime Minister Mustafa Al-Kazemi attended a signing ceremony on Wednesday for the construction of five new solar power stations by Masdar (Abu Dhabi Future Energy Company). This covers the first phase of the project, covering 1,000 megawatts of power out of a planned total capacity 2,000 megawatts. The signing ceremony was attended […]