Archive | Iraq Industry & Trade News

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

KRG's New e-Procurement Portal Launched

KRG Prime Minister Masrour Barzani has welcomed the launch of the KRG's first e-procurement portal, introducing transparency and accountability to public tenders in ways that bring more efficiencies to public finances; support the emergence of small and medium businesses, and allow us to incubate new industries to accelerate our reform agenda. In a statement, the […]

Can Iraq's New Govt Reform the Corrupt System?

By Dr Renad Mansour and Hayder Al-Shakeri for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq's new government reform the corrupt system? Prime Minister Mohammed Shia al-Sudani must address politically sanctioned corruption head-on, or he risks falling into the same […]

KRG launches New Anti-Corruption Hotline

The Kurdistan Regional Government have officially launched a special hotline to receive complaints about corruption and wrongdoings committed by national and state institutions and officials. It is being led by the Kurdistan Region of Iraq's Commission of Integrity, an independent government body responsible for fighting corruption. The hotline was launched at an event in Erbil […]

Iraqi Innovators Launches First Event in London

In an effort to build an international community of supporters and allies for Iraq's startup sector, Iraqi Innovators held its first in-person event in London on 25th November 2022. The day began with a presentation by co-founders Amara Bandukada and Zahra Shah explaining the work of Iraqi Innovators and providing an overview of the Iraqi […]

General Dynamics wins new Iraq Defense Contract

By John Lee. General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded a $16,488,103 modification (P00004) to contract W56HZV-21-C-0072 for contractor logistics support for M1A1SA Abrams tanks and M88A1/A2 recovery vehicles. Work will be performed in Camp Taji, Iraq, with an estimated completion date of Dec. 31, 2023. (Source: US Dept of Defense)

Will Iraqi PM open Pandora's Box in Massive Corruption Case?

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' PM open Pandora's box in pursuit of massive corruption case? Iraq's prime minister has announced the recovery of some of the state funds embezzled in the multi-billion dollar corruption case which rocked the […]

Iran "signs $4bn Services Deal with Iraq"

By John Lee. Iran and Iraq have reportedly concluded a $4-billion contract under which Iran will supply technical and engineering services to Iraq. The report from Iran's state-run PressTV gave no details of the deal, but quoted Hamid Hosseini, Director of the Iranian Oil, Gas and Petrochemical Products Exporters' Association (OPEX), as saying: "In the […]

Iraq Trade Forum connecting Small Businesses

First Iraq National Trade Forum connects small businesses to growth opportunities As the country works to recover from an economic crisis, Iraq's agriculture and agri-food sectors have the potential to contribute to much-needed economic growth and diversification, job creation and enhanced sustainability and resilience - under the right conditions. This was the message from public […]

New KRG Law of Electronic Signatures and Transactions

Prime Minister Masrour Barzani's statement on the passage of the Law of Electronic Signatures and Transactions: I strongly welcome the Kurdistan Parliament's passage of the amended 'Electronic Signatures and Transactions' federal bill today. The passage of this important piece of legislation - a collaborative effort across the whole of government with support of global best […]