Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The President of the Sustainable Technology Solutions division of KBR, Jay Ibrahim, met with Iraqi Prime Minister Mohammed Shia' al-Sudani during his visit to Texas. According to a statement from the Prime Minister's Office, the meeting focused on expanding cooperation in natural gas development, government efforts to reduce carbon emissions, and partnerships […]
By John Lee. The Iraqi Prime Minister has said that Iraq will set up an Office for Expatriate Affairs, linked to the Prime Minister's Office, to address the needs and issues raised by Iraqi communities abroad Mohammed Shia' al-Sudani made the announcement at a meeting of Iraqi expatriates in Houston, Texas, following his visit to […]
By John Lee. GE Vernova, the US-based company formed from the energy businesses of General Electric (GE), has announced a series of initiatives to boost electricity generation and supply in Iraq: Providing 3 additional gigawatts (GW) of power into the grid, "generated by highly efficient combined cycle power plants"; Five-year services and upgrade agreements to […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani received a delegation from Steller Energy in his residence in Washington, D.C. The delegation was led by the company's CEO, Mr. Peter Gibson. During the meeting, they discussed mechanisms of cooperation in the electricity sector and reviewed the progress of the company's projects being implemented in […]
By Ahmed Tabaqchali, Chief Strategist of Asia Frontier Capital (AFC) Iraq Fund, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A fistful of Dinars: demystifying Iraq's dollar auction The Central Bank of Iraq's (CBI) […]
By John Lee. During his visit to Washington DC this week, Iraqi Prime Minister Mohammed Shia Al-Sudani, presided over the signing of number of Memoranda of Understanding (MoU's) with American companies: Government Memoranda of Understanding: Memorandum of Understanding between the Ministry of Electricity and General Electric (GE) for the development of the energy sector. Memorandum […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani has received the President of the U.S. Wheat Council, Mr. Vince Peterson, and his accompanying delegation. They discussed future cooperation in supplying wheat to Iraq of the highest quality and at suitable prices, aiming to produce flour beyond the uses of the ration card. The government has […]
By John Lee. At a meeting on Monday between Iraq's Minister of Planning, Mohammed Tameem, and US Secretary of State Antony J. Blinken, Iraq renewed its commitment to joining the World Trade Organization (WTO) and to protect intellectual property rights. The United States has pledged support for a series of projects under the International Visitor […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani met with US President Joe Biden at the White House on Monday. In a joint statement after the meeting, the two highlighed a number of business-related points: Iraq's Financial and Banking Reform: President Biden and Prime Minister Sudani discussed Iraq's efforts to reform its financial and […]
The UK Integrated Security Fund (UKISF) for Iraq invites bids by 3 May 2024 for a programme to strengthen civil society organisations working on women, peace and security issues in the Federal and Kurdistan regions of Iraq. Overview In 2021, British Embassy Baghdad established the successful Women's Voices First programme, which runs until May 2024. […]
By John Lee. Iraq's Ministry of Agriculture has issued more details of the major contract it has signed with the Austrian company Bauer, a maker of irrigation equipment. A spokesperson told state-run Iraqi News Agency (INA): The Ministry announced a contract for 12,000 pivot sprinklers to be delivered this year. The value of the purchase […]
By John Lee. CEO World magazine has ranked Iraq 93rd out of 199 countries in its index of World's Best Countries To Invest In Or Do Business For 2024. This puts it behind neighbours such as Iran and Kuwait, but ahead of Jordan and Syria. Singapore, United Kingdom and Taiwan take the top three places. […]
