Archive | Iraq Industry & Trade News

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

Iraq and Qatar sign Major Commercial Agreements

By John Lee. Iraq and Qatar have solidified their bilateral relations through the signing of several agreements and memorandums of cooperation. Prime Minister Mohamed Shia Al-Sudani and the Emir of Qatar oversaw the signing ceremony, emphasizing comprehensive cooperation in politics, economy, energy, and investment. A joint declaration of intent was signed, paving the way for […]

US Chamber of Commerce visits Iraqi Kurdistan

On Monday, June 19, 2023, Prime Minister Masror Barzani of the Kurdistan Regional Government (KRG) held a meeting with Steve Lutes, Vice President of Middle East Affairs at the US Chamber of Commerce. Accompanied by a delegation from the Chamber and Irvin Hicks, the US Consul General in the Kurdistan Region, the meeting aimed to […]

Rasmi Al Jabri Award presented to AAA Holding

The Iraq Britain Business Council (IBBC) has presented the Rasmi Al Jabri Award to Mr Amet Selman, the CEO of AAA Holdings Ltd. The Award is given annually by the IBBC to recognise achievement and performance by an Iraqi-owned business that exudes the standards of business excellence promoted by the late Mr Rasmi Al Jabri, the IBBC's […]

KRG PM receives Netherlands' Ambassador to Iraq

On Monday, June 19, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) held a meeting with Hans Sandee, the Ambassador of the Kingdom of the Netherlands to Iraq. Their discussions centred around the latest political developments in Iraq, with a specific focus on the Kurdistan Region's relationship with the Kingdom of the […]

UK 'Extremely Supportive' of KRG Digitalization

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. UK 'extremely supportive' of KRG digitalization process: Diplomat The United Kingdom is assisting in the Kurdistan Regional Government's (KRG) digitalization strategy and is "extremely supportive" of its transformation into a digital government, one of […]

US Business Delegation visits Iraq

By John Lee. Iraqi Prime Minister, Mohammed Shia Al-Sudani, met with a delegation from the Iraqi-American Business Council on Wednesday, led by the council's president, Steve Lutes, Deputy Vice President of the US Chamber of Commerce for Middle East Affairs. During the meeting, Prime Minister Al-Sudani stated that Iraq is qualified to be an attractive […]

China Deepens Influence In Iraq With Oil-For-Infrastructure Deals

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China Deepens Influence In Iraq With Oil-For-Infrastructure Deals A series of meetings occurred last week between senior members of the Iraqi and Chinese governments aimed at broadening and deepening the […]

KRG produces Electricity in Garmian from Flare Gas

By John Lee. The Kurdistan Regional Government (KRG) has taken a step towards reducing the environmental impact of waste gas and harnessing it to generate electricity from oil wells. One notable achievement is the Garmian power plant, a 165 MW station that utilises flare gas recovery from the Hasira oil wells to produce electricity. Completed […]

Video: Iraq Approves Record $153bn Budget

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq approves record $153bn budget aimed at creating jobs Iraq's parliament has approved a budget of 198.9 trillion dinars ($153bn) for 2023 that sets out record spending on a growing public wage bill […]

Iraq, Egypt sign 11 Agreements on Cooperation

By John Lee. The joint committee between Iraq and Egypt commenced its work in Cairo on Tuesday. The delegation from Iraq was headed by the Prime Minister, while the Egyptian side was led by Prime Minister Mustafa Madbouly. The meeting focused on bilateral relations between the two countries and discussed various common issues, emphasizing the […]

End Child Labour in Iraq

This year's World Day Against Child Labour links advancing social justice with tackling child labour, under the slogan 'Social Justice for All. End Child Labour!' Social Justice in the World of Work means promoting productive and freely chosen employment; enhancing measures of social protection; promoting social dialogue; and promoting fundamental principles and rights at work.  […]