Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, signed a cooperation protocol with Ms. Nada Laiqa, Director General of the Syrian Investment Agency (SIA), on attracting foreign direct investment (FDI). Attended by representatives from the Ministries of Oil and Communications, the protocol discussed cooperation details between Baghdad and […]
On Monday, 10 June 2024, Masrour Barzani, the Prime Minister of the Kurdistan Regional Government (KRG), welcomed Erman Topçu, the newly appointed Consul General of Türkiye in the Kurdistan Region. Prime Minister Barzani congratulated Mr. Topçu on his new role and emphasized the importance of bilateral relations between the Kurdistan Region and Turkey, highlighting their […]
By John Lee. US-based Amentum Services has been awarded a $43,903,867 hybrid (cost-no-fee, cost-plus-fixed-fee and firm-fixed-price) contract to establish and start up two new regional logistics hubs in Iraq, and to provide advise and assist services. Bids were solicited via the internet with one received. Estimated completion date is 9th August, 2027. Amentum was created […]
By John Lee. Iraq's National Investment Commission (NIC) hosted the first technical meeting on the National Climate Investment Plan last week, in cooperation with the United Nations Development Programme (UNDP). Dr. Muna Al-Jabri, head of the technical team representing the NIC, affirmed that this meeting is a continuation of the plan's launch, which is part […]
By John Lee. The winners have been announced in the International Trade Centre (ITC)'s Agriculture Innovation Hackathon, held recently in Nineveh province. According to the organisers, Nineveh-based SMEs Nabu, BSF and Aero Plant stood out with their exceptional ideas for addressing the significant challenges of water scarcity and sustainable agriculture due to decreasing water levels […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, has met with the Lebanese Prime Minister, Mr. Najib Mikati. They discussed extending a fiber optic cable project from Iraq through Syria and Lebanon, emphasizing the importance of integration in vital and strategic projects among regional countries. Makiya stated that […]
By John Lee. Iraq's Council of Ministers (Cabinet) has imposed n additional 20 percent customs duty on imported steel rebar (10-32 mm) from all sources. The new rate is effective for four years starting October 3, 2024, and applies to tariff code 72142000. The Ministry of Industry and Minerals will monitor import increases compared to […]
By John Lee. A new study has provided a comprehensive Land Use and Land Cover (LULC) classification for the Kurdistan Region of Iraq based on remote sensing data. The study area covered a total area of 46465.1 km2. The results of the study show that the dominant LULC classes in Kurdistan Region are: grassland (13354,%28.7 […]
By Yomna Elshamy, for The Fish Site. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Insights into Iraqi aquaculture Despite the turbulent events that Iraq has witnessed over the past decades, there is still some hope for the country's tiny aquaculture sector, according to […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq to incorporate AI in education system: Advisor The Iraqi government is planning to incorporate artificial intelligence skills in the education system, and is set to open three AI clubs in the country to […]
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. The Kurdistan Regional Government's (KRG) Ministry of Agriculture and Water Resources, in collaboration with the United Nations Development Programme (UNDP) in Iraq and the United States Agency for International […]
By John Lee. USAID has issued a Complex Emergency Fact Sheet, as at 3rd June 2024. Situation at a Glance 2.5 MILLION People in Need of Humanitarian Assistance (WFP - March 2024) 140,184 Number of IDPs in Central and Southern Iraq Due to ClimateRelated Factors Since 2019 (IOM - May 2024) 1.1 MILLION Estimated Number […]
