Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Coordination Meeting on Industrial Strategies in Iraq

By John Lee. Minister of Industry and Minerals, Dr. Khaled Batal Al-Najm, led the fourth coordination meeting on industrial affairs on Thursday, January 4th. The meeting, attended by Dr. Hamoudi Abbas, the Prime Minister's Industry Affairs Advisor, and representatives from various ministries and organizations, discussed key agenda items. The session began with a review of […]

Iraqi Speaker courts Chinese Investment

By John Lee. In a meeting with the Chinese Ambassador to Iraq, Tsui Wei, and the economic trade advisor Shu Chun, Iraq's Acting Parliament Speaker, Mohsen Al-Mandalawi, discussed bilateral relations and ways to enhance cooperation across various sectors. Al-Mandalawi expressed full parliamentary support for facilitating the operations of reputable Chinese companies within Iraq. He called […]

Iraqi PM chairs meeting of Reconstruction and Investment Cmte

By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has led the fifth meeting of the High Committee for Reconstruction and Investment, at which several housing projects were approved in various provinces. During the meeting, authorization was granted to the Ministry of Construction, Housing, and Municipalities to negotiate with the executing company for the Housing […]

"Iran-Backed Company" to grow Palms on Saudi Border

By Dana Taib Menmy for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq grants investment rights to PMF-linked company for one million palm trees in Samawah Desert Iraqi and US scholars have raised questions about the project's feasibility, accusing the […]

Topographic Survey of Desert Area in Samawa

By John Lee. The United Nations (UN) Secretariat has awarded Al Sudoof for general Trading, designs, engineering consultation and digital mapping Ltd. a contract for "Conducting Topographic Survey for Selected Desert Area in Samawa, Al-Muthanna Governorate." The contract value is $47,742. (Source: UNGM)

Iraq Reveals Joint Projects with Saudi in Healthcare, Pharma

By John Lee. The Iraqi Health Ministry has announced new initiatives with Saudi Arabia, focusing on establishing health centers and pharmaceutical factories. Speaking to the state-run Iraqi News Agency (INA), Minister of Health Saleh Al-Hasnawi emphasized the significant development in Iraqi-Saudi relations, spanning political, economic, and service sectors. He said the two ministries are jointly […]

EY to Advise Iraq on Banking and Insurance Reforms

By John Lee. The Iraqi Cabinet has approved a series of contracts with UK-based professional services firm Ernst & Young (EY), aimed at reforming Iraq's banking and insurance sectors: The first contract involves a comprehensive study on the restructuring of the state-owned Rafidain Bank and Rasheed Bank, with recommendations and a roadmap expected within six […]

Electricity Shortages: Protesters Block Sulaimani-Erbil Road

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Protesters block Sulaimani-Erbil road over electricity shortages The residents of over a dozen villages in the Khalakan area blocked cargo trucks' access to the main Sulaimani-Erbil highway on Tuesday, decrying the amount of subsidized […]

UN Awards $3m Iraq Maintenance Contract

By John Lee. The Abnaa al Abduly Company has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for: "Provision of Facilities Maintenance/repair and Ground Maintenance Services Within UNAMI Premises at the UNAMI Diwan Compound, Tamimi Compound, Transport Workshop and UNITAD Villa in International Zone, Baghdad, Iraq" The contract is valued at […]