Archive | Iraq Industry & Trade News

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

Poland gives another $270k for Iraqi Stabilization

Poland reaffirms commitment to Iraq's stabilization with additional US$270,000 contribution Iraq's post-ISIL stabilization efforts will continue to make a difference in the lives of the most vulnerable, as the Government of Poland reaffirmed its commitment with an additional inject of funding in the amount of 1.1 million Polish zloty (approximately US$ 270,000) towards UNDP's Funding […]

Pre-Qual to run Teaching Hospitals in Iraq

By John Lee. The Iraqi Ministry of Health has invited interested parties to pre-qualify for the management and operation of six teaching hospitals: Al Sadeq Teaching Hospital 492 beds/ Babel Al Hasan Al Mujtaba Teaching Hospital 492 beds/ Karbala Al Najaf Teaching Hospital 492 beds/ Najaf Al Hakeem Teaching Hospital 492 beds / Maysan Al […]

Sustainable Development of Food Industry in Iraq

UNIDO and Government of Japan Collaborate on Sustainable Development of the Food Industry by Building Iraqi Government Staff Capacity The United Nations Industrial Development Organization (UNIDO), in collaboration with the Ministry of Industry and Minerals, conducted the second training workshop on food safety and quality. This workshop was a significant component of the project "Emergency […]

Will Iraq succeed in quest to join WTO?

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq succeed in quest to join World Trade Organization? Iraq's 19-year-long push to join the World Trade Organization (WTO) is gathering pace. Baghdad initially submitted a request to join the international trade body […]

Capacity to Double at Iraqi Fertilizer Plant

By John Lee. AAA Holding Group (AHG) has announced a doubling of capacity at its fertilizer plant at Khor al Zubair, in Basra governorate. The new line, producing di-ammonium phosphate (DAP) fertilizer, will have a capacity of 500,000 tons per year, bringing total production at the plant to one million tons annually. Amet Selman, CEO […]

UK Trade with Iraq Up 57%

By John Lee. The UK's Department for Business and Trade has said that total trade in goods and services (exports plus imports) between the UK and Iraq was £1.2 billion [$1.5 billion] in the four quarters to the end of Q4 2022, an increase of 57.3% or £432 million in current prices from the four […]

Purchase Tariffs Reduced at 2 Iraqi Solar Projects

By John Lee. Iraq's Cabinet has this week approved an agreement between the Iraqi Ministry of Electricity and Al-Bilal Group, a limited general contracting company, which includes a reduction in the power purchase tariff for two solar power station projects in Karbala (300 MW) and Alexandria (Iskandariya) (225 MW). The agreement reduces the price from […]

Iran, Iraq to Open Joint Free Trade Zone

From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. An Iranian official unveiled plans to inaugurate a joint free trade zone with Iraq at the common border by March 2024. Secretary of Iran's Supreme Council of Free and […]

PM Sudani Initiative to Promote Private Sector

By John Lee. Iraqi Prime Minister Mohammad Shia Al-Sudani chaired a meeting this week to discuss the current state of the industrial sector in Iraq and the launch of a new industrial initiative to boost this sector. The meeting was attended by advisors and private sector representatives. The meeting discussed the initiative, which includes reviewing […]