Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The General Company for Iraqi Cement, a subsidiary of the Ministry of Industry and Minerals, reported a 22-percent increase in production in the first quarter of the current year compared to the same period in 2023. Director General Haider Hadi Ali stated the company produced 2,356,975 tons of cement across its plants […]
By John Lee. The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the German international development agency, has issued a press release outlining the success of its support for the 'Makers of Baghdad' innovation centres. Between 2019 and 2023, 1,236 Iraqis took part in business training and programming courses at the tech hubs. Subsequently, 221 of them […]
By John Lee. MEED Foundation, a non-profit dedicated to fostering economic development, has launched the Air Quality Network (AQN) project in Iraq. In collaboration with IQ Group and Civil Development Organisation (CDO), it has created a network of 28 sensors strategically placed in and around Sulaymaniyah, Halabja, and Kirkuk. These sensors, equipped to monitor fundamental […]
By John Lee. Chinese smartphone company Xiaomi has announced that the talabat app will now come preloaded on Xiaomi phones in United Arab Emirates, Qatar, Egypt and Iraq. Talabat, a food and grocery delivery app, was founded in Kuwait in 2004, and entered the Iraqi market in 2021. It was acquired in 2015 by German-based […]
From the International Labour Organization (ILO): ILO Director-General calls for national momentum to achieve social justice in Iraq During a two-day visit, ILO Director-General Gilbert F. Houngbo held talks with Iraq's President, Prime Minister, senior Iraqi officials, social partners and youth representatives on advancing social justice and ensuring decent work in Iraq. Click here to […]
By John Lee. The General Company for Iraqi Cement, a subsidiary of the Ministry of Industry and Minerals, has announced that the Basra Cement Plant has achieved its design capacity with an annual production of 600,000 tons. According to a statement from the Ministry of Industry, the plant has the ability to increase its capacity […]
By John Lee. The General Directorate for Industrial Development (GDID), part of the Iraqi Ministry of Industry and Minerals, has granted 219 preliminary licences for new industrial projects. It has also revealed the specialized services and facilities provided to licensed private sector projects during the first quarter of this year. The directorate's head, Dr. Ali […]
By John Lee. UAE-based company ARJ Holding LLC has signed a contract to establish a compound fertilizer production project in Baiji, Salah al-Din province. According to a statement from the Office of the Prime Minister, the facility will have an annual production capacity of 249,000 tons of various compound phosphate fertilizers. It will make di-ammonium […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani inaugurated the first phase of the Continuous Casting Plant at the General Company for Steel Industries in Taji, north of Baghdad, on Wednesday. The plant, which has been rehabilitated, modernized, and operated, has a production capacity of 600,000 tons annually. It specializes in melting and casting […]
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Mohammed Makiya, has signed the Singapore Convention on Mediation (formally the United Nations Convention on International Settlement Agreements Resulting from Mediation). He stressed the importance of integrating international and local investment environment indicators. Dr. Haider Mohammed Makiya, the Chairman of the National […]
By John Lee. President of Iraq, Abdul Latif Jamal Rashid, welcomed four newly appointed ambassadors to Iraq at Salam Palace in Baghdad on Monday, April 29, 2024: Bahrain Ambassador Khalid Ahmed al-Mansour; Malta Ambassador George A. Said Zammit; Portugal Ambassador Fernando d'Orey; and Angola Ambassador Jose Martinez. Separate ceremonies were held earlier in the day […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In rare visit, Erdogan pushes for stronger Turkish stake in Iraq Despite the fanfare surrounding Turkish President Recep Tayyip Erdogan's tour of Baghdad and Erbil-his first in 13 years-ambiguities remain over longstanding grievances. A […]
