Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Akeel Abbas, an Iraqi academic and journalist, and Shayan Talabany, an analyst at the Tony Blair Institute for Global Change, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Story Isn't Over The ideal vision for Iraq post-2003 did […]
By John Lee. The Iraqi Minister of Electricity, Ziyad Ali Fadel, held a meeting this week with the Saudi Export Development Authority (SEDA). Among the items discussed was the reconstruction of Baiji thermal and gas stations Nos. 1 and 2, and the possibility that these will be financed by the Saudi Export Fund. (Source: Ministry […]
By John Lee. Dubai's cloud-based POS and retail management software company Dukkantek has announced a strategic partnership with Lezzoo, a Y Combinator-backed superapp based in Iraq. This collaboration aims to transform Iraq's food and beverage (F&B) supply chain by creating an end-to-end digital ecosystem for small-to-large retailers, enabling them to scale their operations and operate […]
By John Lee. Dubai-based Value Added Distributor (VAD) Mindware has reportedly announced that it has extended its region of distribution with Dell Technologies to cover Jordan and Iraq. According to Trade Arabia, Toni Azzi, General Manager at Mindware Qatar, Africa and Levant, said: "Both locations are growing economies and with digital transformation initiatives taking place […]
By Reva Dhingra and Marsin Alshamary, for The Brookings Institution. The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Corruption is the forgotten legacy of the Iraq invasion Iraq's struggle with corruption can be traced back to occupation-era reconstruction policies and to Baathist-era patronage. The […]
Background Ranked the fifth most vulnerable country to climate change, Iraq's environmental and energy challenges directly affect its overall stability and prosperity. Working with the Government of Iraq, the private sector and affected communities, USAID is mitigating the impact of climate change by strengthening water management and governance systems, promoting renewable energy solutions, improving management […]
Iraq, at the crossroads of several trade routes in the Middle East, has become the 78th country to accede to the United Nations TIR Convention. Iraq's accession to the TIR Convention anchors its strategic role as a transit hub and supports the country's economic vision to expand its non-oil sectors. The TIR system will boost […]
Iraq Business News Expert Blogger, Ahmed Tabaqchali, has just published his thoughts on the 20-year anniversary of the US invasion of Iraq, for the Atlantic Council. Click here to read the full article.
By John Lee. Iraq and the Sultanate of Oman are finalising a memorandum of understanding (MoU) in the field of combating corruption. The Iraqi Integrity Commission's head, Judge Haider Hanoun, praised Oman's cooperation with the commission regarding extradition, including the arrest of fugitives by Omani authorities. Talks are underway to conclude the MoU to exchange […]
By John Lee. The United Nations (UN) Secretariat has awarded several Iraq-related contracts recently: Supply and installation of prefab unit offices for Ninewa Water Directorate and Mosul Municipality: Granted to Jibal Al-Madina co. for general contracts Ltd. Contract value $39,900; Rehabilitation of 26 Damaged Houses in Jafriyah Village, Sinjar District, Ninewa Governorate: Granted to Aswar Al-Hadhaba […]
By John Lee. The Saudi EXIM Bank has announced the signing of an agreement with Iraqi Islamic Bank for Investment and Development for a new, SAR75-million [$20 million] credit line. The new credit line is the latest addition to the broad portfolio of financial instruments that Saudi EXIM Bank provides to national financial institutions to […]
By John Lee. The Prime Minister of Iraq, Mohammed S. Al-Sudani, has approved the recommendations of a committee investigating corruption in the Umm Qasr port. The committee found that private companies operating at the General Company for Iraqi Ports were charging additional fees not approved by the Ministry of Transportation, leading to increased prices for […]
