Archive | Iraq Industry & Trade News

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

Omani Diplomat to Represent UN in Iraq

From the United Nations: United Nations Secretary-General António Guterres has announced the appointment of Mohamed al Hassan of Oman as his new Special Representative for Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI). He succeeds Jeanine Hennis-Plasschaert of the Netherlands, to whom the Secretary-General is grateful for her commitment and leadership […]

Iraq Resumes WTO Accession Talks After 16-Year Hiatus

By John Lee. Iraqi Trade Minister Athir Dawood Al-Ghurairi announced the resumption of preliminary meetings for Iraq's accession to the World Trade Organization (WTO) after a 16-year pause. The Iraqi negotiation teams have started preparatory meetings at the WTO headquarters in Geneva, preparing for the third working group meeting on Iraq's accession. According to a […]

Egyptian, Saudi Businesses discuss Investment Opportunities in Iraq

By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani met with a delegation of Egyptian, Saudi, and Iraqi business leaders specializing in real estate development and integrated smart cities. The delegation included Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG); Suleiman Abdul Qader Al-Muhaidib, Chairman of Saudi Arabian Al-Muhaidib Group, along Essam […]

US Consulting Firm signs contract for Iraq Development Road

By John Lee. Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi, announced the signing of a contract with Oliver Wyman, a consultancy firm, to provide advisory services for the Development Road project. Al-Saadawi stated that the consultancy will assist the ministry in marketing the project and overseeing investment opportunities. The contract, signed by Younis Khalid Jawad, […]

"Holistic Approach" needed for Reforming Iraqi Pensions

From the International Labour Organization (ILO): A holistic approach needed for reforming Iraq's pensions system in line with international labour standards A new policy note from the International Monetary Fund (IMF), International Labour Organization (ILO) and World Bank presents an overview of the key features of the comprehensive pension reforms in Iraq, including a tax-financed […]

UN in Iraq publishes Annual Results Report 2023

By John Lee. The United Nations (UN) in Iraq has published its Annual Results Report 2023. The United Nations Country Team (UNCT) in Iraq, composed of 23 UN Agencies, Funds and Specialized Programmes, is dedicated to supporting Iraq's journey towards achieving the Sustainable Development Goals (SDGs). Guided by the principle of Leaving No One Behind, […]

Iraq's First Forum for Disability Inclusion

Empowering All Abilities: Iraq's First Forum for Disability Inclusion The United Nations Development Programme (UNDP), in collaboration with the Ministry of Labour and Social Affairs and the United States Agency for International Development (USAID), has announced the successful conclusion of the First National Forum for Empowering People with Disabilities. Held under the patronage of His […]

ITC Provides Skills to Support Iraqi Trade

By John Lee. The International Trade Centre (ITC) has organised a tailored training programme providing in-depth insights and practical tools for policymakers who are working to increase Iraq's trade. The training focused on project management and value chain analysis. According to a statement from ITC, participants learned to screen markets, analyze trade indicators, and prioritize […]

Int'l Chamber of Commerce (ICC) opens in Iraq

By John Lee. The International Chamber of Commerce (ICC) has expanded its presence in Iraq with the official launch of ICC Iraq at ICC's Global Headquarters in Paris on Wednesday. Reflecting ICC's global reach, the new ICC national committee will promote ICC's mission in Iraq, boosting the voice of Iraqi business and chambers worldwide. The […]

Iraqi and Russian Ministers Discuss Industrial Cooperation

By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Battal Al-Najm, met with Russian Minister of Trade and Industry, Anton Alikhanov, on the sidelines of the International Industrial Exhibition in Russia. Held annually since 2010, the International Industrial Exhibition is the main industrial, trade, and export platform in Russia. It is organised by […]

Amman Increases Exports to Iraq

By John Lee. The Amman Chamber of Industry (ACI)'s exports to Iraq climbed by 9 percent in the first half of 2024. Total exports to Iraq were 440 million Jordanian dinars [USD 621 million], up from 403 million JD for the same period in 2023. This put Iraq in fourth place, behind India, the United […]