Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting to discuss relocating old brick factories from Nahrawan due to their proximity to residential areas, and their negative environmental effects. According to the Prime Minister's Office, these factories, which often lack work permits and employ outdated machinery, contribute to pollution and exploit vulnerable workers, […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has inaugurated the construction of four key chemical and industrial projects in Karbala Industrial City. The projects include: an industrial gases plant (1,000 tons/day); a white oils plant (1,000 m³/day); an organic solvents plant (1,000 m³/day); and a vacuum distillation plant (2,500 tons/day). The new industrial city, […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has said that Iraq will launch a massive project to produce 10,000 MW of electricity. The project, based on what he described as a "new economic model", is set to be unveiled to the private sector, "after it has been studied by a team of consultants and […]
The United Nations Development Programme (UNDP) has released the Trial Monitoring Report on grand corruption cases across the Kurdistan Region of Iraq, marking a significant milestone in curbing corruption in Iraq. The report highlights substantial progress by the Kurdistan Regional Government (KRG) in combating corruption and offers deep insights into the region's judicial proceedings through […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has initiated the construction of three major power projects in Karbala: a 132 MW combined cycle gas power plant; a 300 MW solar power project; and the 400 kV Karbala transmission substation with a capacity of 1500 MVA. According to a statement from the Prime Minister's […]
The Iraqi Children Foundation (ICF) is pleased to announce five distinguished individuals to headline the 5K as "Honorary Co-Chairs". ICF is grateful to each one in the ways they have lent their voice and support to the cause of Iraq's orphans and most vulnerable kids: His Excellency Nazar Al Khirullah, Ambassador of the Republic of […]
By John Lee. The Ambassador of the Republic of Iraq in Beijing, Mr. Shorsh Khalid Saeed, met with the Chairman of China Council for the Promotion of International Trade (CCPIT), Mr. Chen Xiaofeng and his accompanying delegation, at the Embassy headquarters. According to a statement from Iraq's Ministry of Foreign Affairs, Ambassador Saeed commended the […]
By John Lee. Iraqi Foreign Minister Fuad Hussein received the Lebanese Ambassador Mr. Ali Al Habhab at the Ministry's headquarters in Baghdad on Tuesday. Among other items, the meeting discussed economic and investment relations and cooperation at various levels; the Lebanese Ambassador indicated that there are about 900 Lebanese companies operating in Iraq, including 600 […]
By John Lee. Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein received a copy of the credentials of the new UAE Ambassador to Iraq Mr. Abdullah Matar Khamis Khalfan Al Mazrouei, at the Ministry's headquarters on Tuesday, August 13, 2024. The meeting dealt with bilateral relations between the two countries and ways to enhance […]
By John Lee. Prime Minister Mohammed Shia' Al Sudani chaired the regular meeting of the Higher Committee for Investment and Reconstruction, focusing on improving investment mechanisms across various economic and developmental sectors. The committee approved the creation of "New Wasit City," a residential project in Wasit province, as part of the government's vision to develop […]
By John Lee. Brazilian exports of chicken meat to Iraq have more than doubled. Considering all products, including fresh and processed, Brazil shipped a total of 15.3 thousand tons to Iraq in July. According to the Brazilian Animal Protein Association (ABPA), this represents an increase of 118.6 percent on the same month last year. (Source: […]
By Umud Shokri for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Powering up: Turkey-Iraq transmission line is part of a broader strategic shift On July 21, 2024, Baghdad inaugurated a new power line connecting Turkey and Iraq to […]
