Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Lebanese-based Comin Insurance Brokerage is reportedly planning to enter the Iraqi insurance market by the end of this year. Managing Director Roger Zaccar is quoted by Daily News Egypt as saying that both Iraq and Jordan will be added to its portfolio this year; The company was founded in 2017, and is […]
By John Lee. Iraq and Turkmenistan have reached a preliminary agreement to enhance cooperation in the gas sector, specifically concerning the importation of gas into Iraq. The Deputy Minister of Oil for Gas Affairs, Mr. Azat Saber, said that a high-level government delegation held meetings with gas sector officials in Turkmenistan. The two parties have […]
By John Lee. Mr. Ziyad Ali Fadel, the Minister of Electricity, welcomed the delegation from German Embassy in Iraq at the ministry's headquarters last week. The delegation included representatives from the German Export Credit Agency and the Executive Director of Siemens in Iraq. During the meeting, Minister Fadel highlighted the strategic partnerships and significant agreements […]
By John Lee. In response to this week's cabinet decision to remove subsidies on fertilisers and promote advanced irrigation techniques, a major Iraqi fertiliser manufacturer has said it will assist farmers during the transition to the new system. While supporting this government initiative to increase the yield of agricultural land, reduce the dependence on river […]
By John Lee. The Iraqi Cabinet has agreed a package of measures aimed at improving agricultural efficiency and food security. The decisons were made at this week's cabinet meeting, chaired by Prime Minister Muhammad Shia Al-Sudani, and include: Redirecting fertiliser subsidies towards modern irrigation techniques; Exempting compound fertilisers (e.g. DAP, MAP, NPK), foliar fertilisers, liquid […]
By Ezgi Akin for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey's FM tackles long-held disputes with Iraq in first official visit Hakan Fidan chose Iraq for his first official visit as Turkey's new foreign minister, but the visit appeared […]
By John Lee. Under the guidance of Iraq's Deputy Prime Minister for Energy and Minister of Oil, Mr. Hayan Abdul Ghani, Dhi Qar Oil Company (DQOC) has completed the trial operation of a gas power plant at the Al-Gharraf oil field in Dhi Qar province. This achievement aligns with the ministry's strategy to harness associated […]
By John Lee. The German company Siemens has signed a contract for the long-term maintenance of the generation units at the Al-Rumaila gas plant in Basra province. Iraqi Minister of Electricity, Engineer Ziad Ali Fadel, welcomed the company's CEO and its technical team, and emphasized the need to prepare a work plan for maintenance projects, […]
The establishment of AAA Holding Group's new fertiliser plant in Basra has been one of the most significant investments in Iraq in recent years, helping to diversify the country's industry away from oil. With a major new expansion now underway, Iraq Business News interviewed the company's CEO, Amet Selman, about his vision for the business. […]
From the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Bridging the U.S.-Iraq Business Gap On August 14, The Washington Institute held a virtual Policy Forum with Mais Abbas Abousy, Safwan Al-Amin, and Amer Aladhadh: Abousy is a […]
By John Lee. The Saudi Export Development Authority (SEDA), under the banner of "Made in Saudi Arabia, Exported to the World," has conducted a trade mission to Erbil, Iraq. The mission, held on August 15, 2023, featured the participation of 34 Saudi companies and 140 Iraqi companies across diverse sectors including construction materials, food products, […]
By John Lee. The Minister of Electricity presided over a significant meeting with a delegation from the UAE-based company Masdar. The company is planning solar power projects in Maysan, Thi Qar, Anbar, and Kirkuk. The minister highlighted the government's commitment to diversify energy sources and reduce reliance on gas and fossil fuels. He emphasized the […]
