Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Joel Bissitt. Franchises as an Investment: Risks, Rewards and Returns Investing in a franchise can be a very lucrative investment opportunity, but it can come with a hefty initial investment cost. On the other hand, franchises can prove to be fantastic investments for people who want to become business owners without having to reinvent […]
By John Lee. A new automotive facility for the OMODA and JAECOO brands has opened in Erbil, bringing sales, after-sales, spare parts and customer support under one roof. The site is operated by Jameel Motors Iraq, the official distributor of both Chinese brands in the country. The facility occupies approximately 9,000 square metres and includes: […]
By John Lee. Iraq's Ministry of Trade has outlined plans to tighten import controls and expand the reach of Iraqi goods into regional and international markets. Mohammed Hannoun, the ministry's official spokesman, told the state-run Iraqi News Agency (INA) that the ministry is working to regulate the import process in line with legal frameworks, balancing […]
By John Lee. Iraq's Communications and Media Commission (CMC) has published a draft regulatory framework for licensing telecommunications services on non-terrestrial networks, including in-flight connectivity (air-to-ground, A2G), and opened it for public consultation. The draft aims to establish technical and regulatory standards for such services, covering efficient use of radio spectrum and compliance with approved […]
By John Lee. Iraq's Ministry of Trade held separate meetings on Sunday with the US chargé d'affaires in Baghdad and the Iranian commercial attaché, covering ways to strengthen bilateral economic and trade relations with each country. Trade Minister Mustafa Nizar Jumaa received Steven Fagin, the US chargé d'affaires, to discuss expanding American companies' participation in […]
By John Lee. An implementation mechanism for the pre-collection of customs duties has been finalised under Cabinet Decision No. 413 of 2026. Minister of Finance Faleh Sari chaired a meeting on Thursday to complete the mechanism, attended by Central Bank of Iraq Governor Nizar Nasser Hussein, Director General of the General Customs Authority Dr Thamer […]
By John Lee. Iraq's Ministry of Trade has held an expanded meeting with the International Trade Centre (ITC) to discuss cooperation on WTO accession and the preparation of a national trade and investment strategy. The Ministry was represented by Ghassan Al-Mohammadi, Under-Secretary for Economic Affairs, and Malik Khalaf Al-Durai'i, Director General of the Private Sector […]
By Yesar Al-Maleki, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Oil Deals Reset US-Iraqi Relations? As Iraq and the United States enter a new phase in their relationship, oil is assuming a more central role. During Prime […]
By John Lee. Iraq's President Nizar Amedi and Kurdistan Region President Nechirvan Barzani attended the Slemani Economic Summit for Investment and Development in Sulaymaniyah on Thursday. Kurdistan Regional Government Deputy Prime Minister Qubad Talabani also participated, along with officials, experts and business figures. President Amedi addressed the summit, stressing the importance of public-private partnerships in […]
From Financial Tribune. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Mehran Free Zone Bets on Joint Border Hub With Iraq The Mehran Free Zone is accelerating talks with Baghdad to create a joint commercial zone opposite Iraq's Zurbatiyah, a move officials say could […]
By John Lee. Iraq and Uzbekistan have held a virtual meeting to discuss a draft bilateral agreement on the regulation of road transport of passengers and goods. According to the Ministry of Transport, the session was convened by the General Company for Land Transport, in coordination with the Ministry of Foreign Affairs. Murtada al-Shahmani, director […]
By John Lee. Allo Beirut, a Lebanese restaurant brand, is planning to open a location in Baghdad. The announcement was made by Blackspoon, the brand's operator, which described the opening as part of a strategic partnership. No further details on the timeline or location have been provided. (Source: Allo Beirut)
