Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. According to a statement from the Ministry of Trade, the Private Sector Development Department will develop specialised training programmes for small and medium-sized enterprises (SMEs) and strengthen private sector participation, in line with a resolution of the Industrial Coordination Council. The meeting brought together representatives from: Ministry of Industry Ministry of Planning […]
By John Lee. Iraq's Council of Ministers has amended Decision No. 1008 of 2024, which concerns the construction of the Basra-Haditha pipeline. According to a statement from the Prime Minister's Office, the amendment permits the General Company for Iron and Steel, part of the Ministry of Industry and Minerals, to adopt an external manufacturing route […]
By John Lee. A committee has been formed in Jordan to oversee and expedite transit trade, with a particular focus on goods destined for Iraq. According to Jordan's state-run Petra news agency, the committee will submit operational reports every three days on the movement of goods from the Port of Aqaba to their final destinations, and […]
By John Lee. The General Directorate for Industrial Development (GDID), a division of the Ministry of Industry and Minerals, issued 124 provisional licences for new industrial projects in March 2025. The licences covered multiple industrial sectors and were distributed across several governorates: Baghdad: 30 licences Basra: 18 licences Nineveh: 18 licences Anbar: 10 licences Kirkuk: […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Three Car Manufacturing Plants to Be Established in Kurdistan Region The Kurdistan Regional Government (KRG) is moving forward with plans to establish three automobile manufacturing projects in the region, in partnership with Chinese companies, […]
By John Lee. Iraq's trade surplus with China narrowed sharply in 2025, as imports from China rose while oil export revenues declined, according to data published by the Ministry of Trade. The figures, compiled by the ministry's Directorate of External Economic Relations, show that Iraqi imports from China rose by 7.5 percent to approximately $17.02 […]
By John Lee. The Iraq Securities Commission (ISC) has become the first government body in Iraq to complete registration in the national electronic signature certification system, marking a significant step in the country's digital transformation agenda. The commission's chairman stated that the move aligns with government efforts to develop public services and strengthen electronic governance, […]
By John Lee. The United Arab Emirates (UAE) has imposed a travel ban on its nationals travelling to Iran, Lebanon and Iraq, citing current regional developments. UAE nationals already in those countries have been urged to return home immediately. Full statement from UAE Ministry of Foreign Affairs: In light of current regional developments, the Ministry […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Nearly 60% of Iraq's hotels, restaurants closed amid regional tensions Approximately "60 percent" of hotels and restaurants across Iraq have been forced to close following the weeks-long war of the United States and Israel […]
By John Lee. Earlier this week, Ali Al-Zaidi was tasked with forming a new government in Iraq, following a formal ceremony at Baghdad Palace. With a background in business rather than politics, many are hopeful that he will lead Iraq towards greater prosperity. The profiles below give some perspectives on Iraq's probable next Prime Minister: […]
By John Lee. The Kurdistan Investment Board has confirmed the formation of joint committees with the National Investment Commission (NIC) to develop cooperation in industrial sectors and support continued investment activity across Iraq. Mohammed Shukri, head of the Kurdistan Investment Board, told the state-run Iraqi News Agency (INA) that relations with the NIC are strong, […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Beyond Hormuz: Can Iraq's 'Development Road' become a strategic corridor? The disruption of maritime flows through the Strait of Hormuz has underscored a structural vulnerability at the heart of the global economy. For […]
