Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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)
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 […]
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 […]
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 […]
By John Lee. Iraqi Prime Minister Mohammed Shia al-Sudani has announced that 183 billion Iraqi dinars (approx. $125 million) of the $2.5 billion stolen from the bank account of the tax authorities has been recovered. He said that businessman Noor Zuhair Jassim had admitted receiving about $1 billion of the funds, and that arrangement were […]
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 […]
By Patrick Clawson 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. Changing Population Patterns Will Reshape the Middle East Iraq is expected to explode in population, presumably increasing in geostrategic importance in the process. Click here […]
By John Lee. The United Nations (UN) has awarded several Iraq-related contracts recently: United Nations Secretariat: Development of Side Walkways for Streets in AlAsry Neighborhood-Baiji District, Salahddin Governorate: Granted to Aswar Al-Hadhaba General Trading, Contracting and Transportation Ltd. Contract value $97,100; United Nations Secretariat: Rehabilitation Al-Qosh Youth Center building in Al-Qosh Sub-District, Ninewa Governorate: Granted […]
By John Lee. Irish-based consultancy AARC has won a contract with the International Labour Organization (ILO) for the "Institutional Assessment of the Capacity to Implement the draft Social Security Laws for Workers in the Private Sector in Iraq." The contract value was not specified. AARC is also involved in Iraq's e-government project. (Source: UNGM)
From the Iraq Britain Business Council (IBBC): The IBBC Spring conference will take place in the City of London's Mansion House, at the core of the UK's and the international financial services industry. Previous Spring conferences at The Mansion House have been very well attended with strong delegations of Iraqi Government officials, both from Baghdad […]
Kurdistan Region's medicine market sees fundamental changes in pharmaceutical regulations The Kurdistan Regional Government's (KRG) Ninth Cabinet took effective measures to regulate the medicine market, making fundamental changes in its crackdown on illegal and counterfeit medications imported to the Kurdistan Region. The KRG in 2019 enhanced its efforts to regulate the medicine market and provide […]
Strengthening judicial integrity in Iraq: New Judicial Code of Conduct launched today The Higher Judicial Council (HJC) and the United Nations Development Programme (UNDP) in partnership with the European Union Delegation in Iraq has today launched a Code of Conduct for judges and prosecutors across Iraq. Recently adopted by the Higher Judicial Council, the Code […]
