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, has reported a significant increase in the production of oil-well cement grades B and G at its Babylon [Babil] plant in February. According to the company, the plant produced 3,240 tonnes during February, a substantial rise compared […]
By John Lee. Iraq's General Directorate of Industrial Development, a division of the Ministry of Industry and Minerals, issued 124 preliminary licences for new industrial projects in March. The licences covered multiple industrial sectors and were distributed across several governorates. Baghdad led with 30 licences, followed by Basra and Nineveh with 18 each, and Anbar […]
By John Lee. Iraq's Council of Ministers has approved a scheme to supply private generator owners with gas oil at a subsidised price of IQD 200 per litre (approximately $0.15), down from IQD 400 per litre ($0.31), for the next three months. Under the scheme, operators will receive 40 litres per month for each KVA […]
By John Lee. A co-operation and transport agreement has been signed between Iraqi Airways and the Iraqi Football Association (IFA) to support national teams during international competitions. The agreement was signed by Iraqi Airways Director General Manaf Abdul Moneim Ajil and Iraqi Football Association President Captain Adnan Darjal, under the auspices of Transport Minister Wahab […]
By John Lee. Al Qaf Company has won a contract with the International Labour Organization (ILO) for: "Enhancing the Business Capacity of MSMEs through Non-Financial Services under the ILO PROSPECTS Project - Ninewa Phase II." Ref: rfx_4705_HQ. The contract value was not disclosed. According to ILO: "The International Labour Organization (ILO) is seeking qualified Business […]
By John Lee. The Slovak Agency for International Development Cooperation (SlovakAid, SAIDC) has launched the Call for Proposals for Small Grants for Lebanon and Iraq for 2026. Project proposals must be submitted both electronically and in hard copy: electronically by email to [email protected] in hard copy to the Embassy of the Slovak Republic in Beirut: […]
By John Lee. A number of new electronic forms have been added to the "Ur" government services portal, covering several of its internal departments. According to the Iraqi Cabinet, the new forms cover the following services: Survey on services provided by the Iraqi consulate (Department of Ceremonies) Assessment form for Iraq's competitiveness report on global […]
By John Lee. The Governor of the Central Bank of Iraq (CBI) has explicitly dismissed any plan to adjust the official dinar foreign exchange rate. According to a report from Iraqi News, Ali Mohsen Al-Alaq confirmed that the current monetary policy remains committed to maintaining the official rate of 130,000 IQD per 100 USD. The Governor […]
By John Lee. The 11th edition of the Najaf International Trade and Industry Fair has opened in Najaf province, with participation from more than 250 local and foreign companies across commercial, industrial, and services sectors. According to the Ministry of Trade, the fair runs from 13th to 23rd May 2026, open daily from 4pm to […]
By John Lee. The Iraqi Embassy in London has held a virtual meeting with the Iraq Britain Business Council (IBBC) to discuss strengthening economic and investment relations between the two countries. Ambassador Dr Salih Husain Ali Al-Tamimi led the meeting, which covered a range of topics including: Recent political developments in Iraq, including the forthcoming […]
By John Lee. Zain Iraq has announced a strategic partnership with 1001, a digital streaming platform operating in Iraq, to provide eligible subscribers with access to entertainment and sports content at no extra cost. Under the agreement, Zain customers on bundles of IQD 25,000 (approximately USD 19) or more will receive 1001's "FADSHI" package, giving […]
By John Lee. Iraq's Ministry of Electricity has agreed steps with Turkish company BKPS to reactivate a powership currently docked at Umm Qasr. Electricity Minister Ali Saadawi Wahib met with representatives of BKPS, an affiliate of Karpowership, ahead of peak summer demand. Powerships are self-contained, multi-fuel enabled floating power plants. (Source: Ministry of Electricity)
