Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
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, […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
By John Lee. PricewaterhouseCoopers (PwC) has published "Doing Business in Iraq 2024 - a Tax and Legal Guide". The guide is intended to provide an introduction to the taxation and legal aspects of doing business in Iraq, particularly from the perspective of the items an inbound investor will have in mind. Click here to download […]
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 […]
By John Lee. The International Maritime Organization (IMO) has said that Iraq is embracing the move to digitalize its maritime sector, with plans to establish a maritime single window for the major ports of Umm Qasr (North and South). A team of IMO experts completed a mission to Basra (30 June - 4 July) to […]
By John Lee. The Chairman of the Federation of Saudi Chambers, Hassan Al-Huwaizi, has met in Riyadh with the Chairman of the Iraqi-Saudi Parliamentary Friendship Committee, Sheikh Shaalan Al-Karim. According to a press release from the state-run Saudi Press Agency (SPA), the meeting explored investment and trade prospects and emphasized the importance of legislation that […]
