Archive | Iraq Industry & Trade News

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

Austria interested in Iraq's Development Road Project?

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani received the Ambassador of Austria to Iraq, Mr. Andrea Nasi, on Tuesday, on the occasion of assuming his duties as the country's first resident ambassador in Baghdad in thirty years. According to a statement from the Prime Minister's office, discussions covered various aspects of bilateral relations between […]

Iraq Underscores need for Int'l Anti-Corruption Court

By Aram Mahmood, for 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. The Case of Iraq Underscores the Need of an International Anti-Corruption Court Given the inability-or unwillingness-of Iraqi institutions to adequately combat corruption, the need for […]

IBBC establishes Agritech Committee

The Iraq Britain Business Council (IBBC) is establishing an Agritech Committee under the Chairmanship of Dr Amet Selman (pictured), CEO of AAA Holding. For its first project the committee is looking into 'AI Driven Agriculture and Sustainable Use of Fertilisers'. Dr Selman will gather interested IBBC Members and external experts to draw up a plan […]

Women's Economic Empowerment in Iraq

From the French Research Center on Iraq (CFRI). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Women's economic empowerment in Iraq: a double-edged sword? Within the ongoing research project "The Condition of Life of Women in Iraq and the Kurdistan region", Dr Ana Cristina […]

$112m for Turkish Agri Complex at Umm Qasr Port

The International Finance Corporation (IFC), part of the World Bank Group, is supporting Sama Al-Manar and Manar FZCO, subsidiaries of Türkiye-based Tiryaki Agro, in developing a new state-of-the-art agro-industrial complex in Iraq's Umm Qasr Port, including a soybean crushing plant and warehouses, which will help bolster food security, create jobs, and diversify the country's economy […]

Iraq establishes National Company for Electronic Payment Systems

By John Lee. The Central Bank of Iraq (CBI) has decided to establish the "National Company for Electronic Payment Systems in Iraq," marking a qualitative development in the country's financial infrastructure. The new company will be responsible for efficiently developing, operating, and managing national electronic payment and settlement systems, introducing new elements to enhance the […]

Understanding Dust Explosions: The Role of the Hartmann Tube

From Ex-Machinery. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Hidden Danger of Combustible Dust Dust explosions, though less obvious than other hazards, pose significant risks in various environments. Such explosions occur when combustible dusts like sawdust or flour become airborne and […]

Iraq Seeks US Assistance in Tracing Funds from Pre-2003

By John Lee. Judge Haider Hanoun, the head of Iraq's Integrity Commission, has met with an American delegation to explore the possibility of a memorandum of understanding between Iraq's Asset Recovery Fund and the US Treasury. The meeting, held at the US Treasury headquarters, aimed to address Iraq's need for assistance in determining the fate […]

Iraqi Chamber of Commerce explores Collaboration with UK

By John Lee. A delegation from the Federation of Iraqi of Chambers of Commerce (FICC), led by Abdulrazzaq Al-Zuhairi, held a meeting with the Iraqi Ambassador to London, Mohammed Jafar Al-Sadr, at the Iraqi Embassy in London. The meeting, attended by Deputy Head of the State Council Dr. Abdul Latif Naif, Dr. Najib Shakir Mahmoud, […]

Azerbaijan to Share SME Experience with Iraq

By John Lee. A memorandum of understanding has been signed between the Small and Medium Enterprise Development Agency (KOBIA) of Azerbaijan and the Federation of Iraqi Industries, fostering collaboration in the provision of services to small and medium enterprises (SMEs). The agreement was formalized during the 3rd session of the Joint Commission for Economic, Scientific, […]

IBBC's Two-Day Conference Success: 'Building a Sustainable Future for Iraq'

From the Iraq Britain Business Council (IBBC): IBBC's two-day conference success 'Building a sustainable future for Iraq'. IBBC held an expanded two- day conference in Dubai to coincide with Cop 28 to focus on 'a sustainable future for Iraq', with one day dedicated to Education and Training and one for Business, Investment, and Energy. IBBC […]