Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. SANY, a Chinese manufacturer of construction and heavy equipment, is now officially available in Iraq through a partnership with Khoshnaw. The company's product range includes excavators, wheel loaders, cranes, road machinery, and concrete equipment. SANY equipment is used in more than 180 countries worldwide Products will be distributed in Iraq and the […]
By John Lee. Authorities in Iraq's western Al-Anbar province have begun construction of the country's first fully privately owned cement plant, a project expected to produce one million tonnes of cement annually and create at least 5,000 jobs. According to Shafaq News, construction on the Ramadi Cement Plant is currently 27-30 percent complete. The facility […]
By Dr. Sura Mawfaq Maqsoud, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Geo-Economic Competition and Regional Balance: The Development Road and Iraq-Iran Railway Link as a Model Amid various international interactions, a number of major […]
By John Lee. The General Company for Automotive and Equipment Industries, part of the Ministry of Industry and Minerals, has announced a project to armour-plate vehicles of various types, in partnership with private sector company Dera Al-Alamiya [Global Shield]. According to the Ministry, the project covers the armouring and plating of all types of civilian […]
By John Lee. Iraq's Foreign Minister, Fuad Hussein, met on Monday with Syrian President Ahmad Al-Sharaa at the People's Palace in Damascus. Syrian Foreign Minister Asaad Hassan Al-Shaibani was also present. According to the Iraqi Ministry of Foreign Affairs, the talks covered bilateral relations and avenues for expanding joint cooperation across various fields. The two […]
From the UN Human Rights Office (OHCHR). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: UN Experts Alarmed by Trapped Australian Engineer Robert Pether's Deteriorating Health UN experts today [Monday] expressed grave concern over reports that Australian engineer Robert Pether, who has already […]
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Launches Landmark Asset Recovery Report to Strengthen Accountability and Recover Public Funds The United Nations Development Programme (UNDP), in collaboration with the Supreme Judicial Council and with the […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan trade topped $173 billion in seven years, customs revenue reached $6.8 billion The Kurdistan Region's border crossings handled more than 227 trillion Iraqi dinars (over $173 billion) in trade over the past seven […]
By Hadley Gamble, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US companies will be 'top priority' in Iraq, new PM says With his first trip to Washington only weeks away, Iraq's Prime Minister Ali Al Zaidi told The National […]
By Dr. Ali al-Rawi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Urgent Monetary and Fiscal Reforms Amid Iraq's Oil Export Crisis and the Inflation of Operational Expenditures Iraq is going through an economic phase that […]
By Bassam Raad, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Financial Transformations in Iraq (2014-2024): Money Supply Growth and Rising Domestic Debt Iraq's fiscal and monetary policy underwent significant changes over the past decade. Figures […]
By John Lee. The Ministry of Finance has held a meeting with representatives of Adam Smith International to discuss support for the transition towards programme and performance-based budgeting. The meeting examined cooperation mechanisms for training Iraqi financial staff and developing technical capabilities to support the gradual move from line-item budgeting to budgeting linked to government […]
