Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
KRG Prime Minister Masrour Barzani received the United Kingdom's new Consul-General in Erbil, Rosey Cave on Thursday. The Prime Minister congratulated her on her appointment and wished her success in her duties and expressed the Kurdistan Region Government's full support for the new Consul in order to further promote the strong relationship between the UK […]
By John Lee. The Board of Directors of the Iraqi General Company for Exhibitions and Commercial Services, part of the Ministry of Trade, announced on Wednesday (25th January) a decision to terminate their contract with the German company TUV. In a statement, the Ministry said this move is aimed at reducing the burden on Iraqi […]
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. Protests in Iraq amid local currency devaluation, Central Bank changes Restrictions from the US Federal Reserve, corruption, and Iraq's lack of an electronic banking system have all led to the dinar's […]
By Jack Detsch, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. 'They Have to Balance': New Iraqi Leader Tilts the Scales Toward U.S. Mohammed al-Sudani's public support of U.S. troops reflects a behind-the-scenes shift - and the continued threat from […]
By Ali Mamouri for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Explainer: What is behind Iraq's Central Bank shuffle and what is next? The economic crisis in Iraq as a result of the ongoing rise in the value of the US dollar […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Dollar crisis shifts winds in Iraq as US confronts Iran Iraq is reemerging as a battleground for Iran and the US as deadlock remains over the 2015 Iran nuclear deal, and […]
From The Jerusalem Post. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Prosperity comes to Sunni provinces in Iraq Three major Sunni Muslim provinces in Iraq are witnessing great prosperity after their liberation from ISIS in 2017, with building projects underway. Click here to […]
By John Lee. On Monday, January 23, 2023, the President of the Republic of Iraq, Abdullatif Jamal Rashid met with the Head of the Iraq Britain Business Council (IBBC), Baroness Emma Nicholson alongside her delegation from British universities, at the Baghdad Palace. While speaking about Basra, Mosul, and Baghdad universities, His Excellency President Rashid said […]
By John Lee. On Sunday, Prime Minister Muhammad Shia Al-Sudani chaired a meeting with the Federation of Iraqi Chambers of Commerce to discuss the causes of the fluctuations in the Iraqi dinar exchange rate, and their impact on citizens. The meeting aimed to develop decisive solutions to stabilize the exchange rate and limit damage to […]
From Five One Invest. Re-published with permission by Iraq Business News. ECOSYSTEM OVERVIEW The Iraqi startup ecosystem started with a bang this year. In Q1 of 2022, we witnessed an unprecedented $10.5M investment round (Baly) and $5M (TipTop). The excitement revolved not only around investment value but also around the investor profile. Specifically, Baly's round […]
By John Lee. Chinese automobile brand Exeed has confirmed that it is entering the Iraqi market. After launching in several gulf states, the car-maker has said it is now ready to establish new dealerships in Iraq. The brand, which specialises in premium SUVs, was introduced by China's Chery Automobile in 2017. (Source: Exeed)
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi government struggles to control US dollar price The Iraqi economy is suffering from the US dollar's rise as a result of smuggling dollars outside of Iraq. Click here […]
