Archive | Iraq Industry & Trade News

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

Iraqi Chamber in Geneva for Arab-Swiss Business Forum

By John Lee. The head of the Federation of Iraqi Chambers of Commerce, Amer al-Fahdawi, held a series of meetings on the sidelines of the Arab-Swiss Business Forum in Geneva, organised by the Arab-Swiss Chamber of Commerce and Industry. Al-Fahdawi met with the president of the Union of Arab Chambers, Samir Majoul, to discuss ways […]

Iraq and South Korea Eye Closer Economic Partnership

By John Lee. Iraq's Ministry of Trade has held talks with South Korea's Ambassador to Iraq, Lee Jun-il, on expanding bilateral trade, economic and investment cooperation. According to the Ministry of Trade, the meeting covered the current state of Iraq-South Korea relations and ways to develop them across economic and commercial sectors. Discussions also addressed […]

The Resilience Field Guide for Iraqi Businesses

From Kapita Research. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Resilience Field Guide for Iraqi Businesses This document serves as a strategic manual for navigating economic disruption, drawing on the practical lessons from Iraq's experience in early 2026. It features a […]

Crackdown on Electricity Theft: 55% of Power Stolen

By John Lee. A wide-scale campaign to remove illegal connections from the national electricity grid was launched on Saturday in Baghdad and across all governorates, according to the Iraqi Ministry of Electricity. The operation was conducted under the field supervision of Khalid Ghazai Attiya, Deputy Minister for Transmission and Distribution Affairs, with the participation of […]

Iraq PM Pledges $10bn Development Fund for Private Sector

By John Lee. Prime Minister Ali al-Zaidi on Saturday met with a group of businessmen, members of the Private Sector Development and Management Council, members of the Iraqi Economic Council, and a number of chairmen of private bank boards. The Finance Minister, the head of the Advisers Commission, the director of the Prime Minister's office, […]

New Partnership to Market Chinese Vehicles in Iraq

By John Lee. The General Company for Cars and Machinery Trade, an affiliate of Iraq's Ministry of Trade, has signed a partnership agreement with Laith Al-Obaidi Company for General Trade and Commercial Agencies to market Chinese Forthing vehicles in Iraq. According to the Ministry of Trade, the agreement covers the marketing of Forthing models across […]

IBBC Tech Forum: AI Futures for Employment and Training

From the Iraq Britain Business Council (IBBC): IBBC Tech forum outlines AI futures for employment and training AI is attracting global significance, and the IBBC Tech forum's 'Navigating AI and digital technology' webinar attracted a large audience of members and businesses to hear how AI affects macro-Infrastructure in Iraq, the implications for recruitment, skills and […]

AHK Iraq welcomes New Partners

By John Lee. The German Liaison Office for Commerce & Industry in Iraq (AHK Iraq) has announced three new corporate partners specialising in project management, engineering services, and industrial equipment. Omid Project Management (OPM Group) has joined as a Silver Partner. The company is an international project management consultancy and EPCM provider with expertise in: […]

Iraq joins Network of Corruption Prevention Authorities

By John Lee. Iraq has formally joined the Network of Corruption Prevention Authorities (NCPA), an international body that facilitates co-operation between anti-corruption agencies. According to the Federal Commission of Integrity, membership of the network will support the exchange of expertise and information with peer institutions, and help Iraq benefit from international best practices in corruption […]

Four Arrested Over $1.3m Diyala Electricity Fraud

By John Lee. Four senior officials at the Diyala Electricity Distribution Directorate have been arrested and referred to the courts over the theft and embezzlement of electrical materials worth approximately IQD 1.7 billion (USD 1.34 million). According to the Federal Commission of Integrity, a team from its Diyala office, under the direct supervision of Commission […]

EBRD Cuts Iraq GDP Growth Forecast

By John Lee. The European Bank for Reconstruction and Development (EBRD) has revised its forecast for Iraq's real GDP growth downward, projecting a contraction of 1.5 per cent for 2026, down from a February estimate of 3.6% growth for the year. According to the EBRD's June forecast, the figures for Iraq are as follows: 2024 […]