Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein has opened the new Iraqi embassy in Zagreb, in a step aimed at strengthening relations between Iraq and Croatia. The opening ceremony was attended by the Minister of Foreign and European Affairs of Croatia Dr. Gordan Grlić Radman, the Croatian Ambassador to Iraq […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani inaugurated two private sector pharmaceutical plants for antibiotics (cephalosporin) and immunosuppressive drugs on Saturday, as part of the government's pharmaceutical localization program, which is a priority in the government's agenda. The Prime Minister inspected the pharmaceutical plant operations, which rely on cutting-edge global technology from the […]
By John Lee. Iraq's Prime Minister, Mohammed S. Al-Sudani, held a meeting on Monday, with Mr. Ahmed ElSewedy, Chairman of Egypt's ElSewedy Group, and a group of Egyptian industrial and commercial company directors, with several of the Prime Minister's advisers. During the meeting, the Prime Minister emphasized the expanding economic cooperation between Iraq and Egypt, […]
By John Lee. Iraq's Minister of Electricity, Eng. Ziad Ali Fadel, has signed a significant agreement with Turkmenistan to secure gas supplies for Iraq's power stations. The deal, signed by Iraq's Minister of Electricity and Turkmenistan's Minister of State for Gas Affairs, Maksat Babayev, aims to diversify gas sources and ensure a steady fuel supply […]
By John Lee. Mr Irfan Siddiq OBE has been appointed as the United Kingdom's Ambassador to the Republic of Iraq in succession to Mr Stephen Hitchen who will be transferring to another Diplomatic Service appointment. Mr Siddiq will take up his appointment during March 2025. He is currently British High Commissioner to Cyprus, and has […]
By John Lee. Iraq's Minister of Trade, Atheer Daoud Al-Ghuraeri, hasannounced that Prime Minister Mohammed Shia Al-Sudani has approved the postponement of the 48th Baghdad International Fair. Originally scheduled from the 1st to the 7th of November 2024, the event will now take place in February 2025. A Ministry statement said the postponement comes in […]
By John Lee. Iraq's Minister of Electricity, Ziyad Ali Fadel, chaired a strategic meeting with representatives from the Turkish Union of Companies and Contractors to advance cooperation in the electricity sector, following the signing of a Memorandum of Understanding (MoU) during the Turkish president's visit to Iraq. The meeting focused on joint efforts to enhance […]
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Battal Al-Najm, has issued directives to begin the practical steps for exploring and investing in the country's abundant mineral resources. During a visit to the General Geological Survey Authority, the minister emphasized the need to streamline procedures, reduce bureaucracy, and engage the private sector […]
By Peter McMeekin, of Grain Brokers Australia, for Grain Central. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq suffers a wheat-surplus headache Historically a major wheat importer, Iraq is facing an unexpected surplus in 2024-25 after growers planted a record area on the […]
By John Lee. Makers of Baghdad, an innovation hub and maker space, has produced a report exploring the impact of financial technology on economic growth, inclusion, and innovation in Iraq. Mapping the Role of FinTech in Iraq finds that the financial landscape in Iraq is undergoing a significant transformation, largely driven by the rise of […]
By John Lee. The International Organization for Migration's (IOM) Iraq Mission has issued its Annual Report 2023. Established in 2003, it has over 1,600 staff, and sub-offices across all governorates, with main offices in Baghdad, Erbil, Mosul and Basra. Click here to download the full report in English Click here to download the full report […]
By John Lee. Iraq has opened a new embassy in the Irish capital, Dublin. In a separate meeting on Thursday with Irish President Michael D Higgins, Iraqi Foreign Minister Fuad Hussein called for the opening of a resident Irish Embassy in Baghdad to strengthen bilateral relations. Full statement from Iraq's Ministry of Foreign Affairs: Deputy […]
