Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq's Council of Ministers has authorised two senior officials to negotiate and sign agreements with Uzbekistan aimed at strengthening bilateral economic, trade, scientific, technical, and cultural cooperation. The Council authorised the Minister of Trade to negotiate and sign a joint cooperation agreement covering economic, trade, scientific, technical, and cultural affairs. Separately, the […]
By John Lee. The General Company for Hydraulic Industries, a subsidiary of the Ministry of Industry and Minerals, has announced its capability to design, manufacture and supply smart surveillance towers to government and private-sector clients. The company's director-general, Engineer Ahmed Jamil, said the towers feature high-precision thermal and night-vision monitoring systems, with direct connectivity to […]
From Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Investors back Iraq's long-term potential Iraq has been dragged into the Iran conflict and had its economic lifeline threatened by the disruption of oil exports through the Strait of […]
By John Lee. Iraq and Portugal have discussed the possible reopening of the Portuguese Embassy in Baghdad, along with broader efforts to strengthen bilateral relations, according to the Iraqi Ministry of Foreign Affairs. Foreign Minister Fuad Hussein spoke by telephone on Saturday with his Portuguese counterpart, Paulo Rangel. The two ministers discussed ways to develop […]
By John Lee. A 44,000-tonne shipment of American rice has arrived at the Jordanian port of Aqaba aboard the vessel Equinox Dream (pictured), according to Iraq's General Company for Food Commodities Trading. The company said the shipment arrived despite difficult maritime conditions stemming from regional security challenges affecting shipping in the area. Engineer Lama Hashim […]
By John Lee. A new supreme oversight body is to be established in Iraq to monitor government contracts and recover public funds, following a meeting chaired by Prime Minister Ali al-Zaidi on Saturday. The meeting was attended by the head of the Federal Board of Supreme Audit (FBSA), the head of the Federal Commission of […]
By John Lee. A Chinese cargo vessel has docked at Umm Qasr North Port on the first direct sailing from China via the Strait of Hormuz since the resumption of maritime navigation through the strait. According to the Ministry of Transport, the MV KSL Xinyang arrived on Monday carrying a mixed cargo of oil sector […]
By John Lee. The Mishraq Sulphur State Company, a subsidiary of Iraq's Ministry of Industry and Minerals, has signed a partnership agreement with a private Iraqi company to develop an integrated industrial project for refined sulphur production at the Al-Lazzaka 2 field [Al-Lazakah, Allizaqa] field [in Nineveh Governorate], with an initial production capacity of one […]
By John Lee. Iraq's Ministry of Finance has held talks with the European Bank for Reconstruction and Development (EBRD) on financial and technical cooperation and support for development priorities in Iraq. Finance Minister Falah Sari received EBRD Iraq Country Head Katarina Bjorlin Hansen on Sunday to discuss the outlook for collaboration. The minister said the […]
By John Lee. Tom Barrack, the United States Ambassador to Türkiye, has been appointed Special Presidential Envoy to both Syria and Iraq, while retaining his ambassadorial post in Ankara. The appointment was announced on Truth Social by President Donald Trump, who said Barrack would operate with the full backing of the US Department of State […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq imports $3B in plastic annually as ban, tax plan moves forward The Iraqi Ministry of Environment said late Friday that Iraq imports about $3 billion worth of plastic products annually and remains behind […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Anger and Opportunity in Karbala as Foreign Workers Slip into Labor Market Renowned for its annual pilgrimages, and home to the resting sites of several Shiite religious figures, Karbala has long been a […]
