Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Severe floods in Iraq leave several dead, adding to climate strains Iraq is contending with both heavy rains and increasing desertification. Click here to read the full article.
Government of Iraq and UNDP sign Memorandum of Understanding to boost the fight against corruption The Government of Iraq, represented by the Prime Minister's Office, and the United Nations Development Programme (UNDP) have reaffirmed their partnership and commitment to preventing and combating corruption in Iraq by signing a Memorandum of Understanding (MoU) designed to promote […]
By John Lee. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Ismail Al-Alaq, has met with a delegation from Iron Point Iconiq (IPI Partners), one of the largest data center owners in the world. Operating in 26 markets across the United States, Europe, and Asia, the company owns data centers serving the […]
Iraq to Pay Debts to Iran within 3-5 Months: Official The Chairman of the Iran-Iraq Joint Chamber of Commerce said the debt Iraq owes to Iran for import of energy will be paid within the next three to five months. "We have found several solutions to receive our debt from the Central Bank of Iraq, […]
By John Lee. The World Bank has said it predicts real GDP growth for Iraq of 2.8 percent this year and 4.4 percent in 2024, following an estimated growth of 7.9 percent in 2022. Iraq's growth is expected to lead the group of 'developing oil exporters' this year, partly sustained by growth in non-oil GDP […]
By Jessica Bahr for SBS News. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Robert was jailed in Iraq two years ago. His Australian family say they're at 'breaking point' Friday marked two years since Australian engineer Robert Pether was arbitrarily detained in Iraq, […]
By Michael Knights, Hamdi Malik and Crispin Smith, 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 Muhandis Company: Iraq's Khatam al-Anbia Similar to Iran's Revolutionary Guards, Iraqi "resistance" groups have long sought a company with […]
By John Lee. Iraq's General Company for Electric Power Production has signed a contract with the Chinese company Shanghai Electric for the construction of a combined-cycle power plant for the Mansouriya gas power station. According to the Ministry of Electricity, the deal is part of the Sino-Iraqi framework agreement and will be implemented on a […]
By Sajad Jiyad, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Mechanisms of Corruption in Iraq While it is well known that Iraq is entrenched in corruption and that the political elite are […]
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 […]
