Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iraq's Ministry of Planning, the Central Statistical Organization (CSO), together with the International Labour Organization (ILO) have launched a national Labour Force Survey, the first of its kind to be conducted in Iraq in the last decade. The survey presents estimates at the national, governorate, urban and rural levels and covers a broad array of […]
By John Lee. ZoodPay has announced that it has entered into a strategic partnership with Shopini, a leading Iraqi company in retail, e-commerce, shipping, supply chain, and food delivery. According to a statement, the company has one of the major online marketplaces in Iraq with over one million downloads, a network of offline stores in […]
By John Lee. Prime Minister Mustafa al-Kadhimi has announced that the Eid al-Adha holiday will begin on Saturday 9th July, and end on Thursday 14th July. Government institutions will resume work on Sunday 17th July. The Iraqi Stock Exchange will also close during this period. (Sources: General Secretariat for the Council of Ministers, ISX, Rabee)
By John Lee. Greek construction company Archirodon has filed a petition to enforce an arbitration award against the General Company for Ports of Iraq, the Iraqi Ministry of Transport, and the Republic of Iraq. According to Offshore Alert, the company is claiming $105 million relating to an arbitration award that was granted three years ago. […]
The United Nations set aside 27 June to annually celebrate the role that micro, small and medium enterprises play in the global economy, poverty reduction and the attainment of the 2030 Sustainable Development Goals. This year, UN agencies in Iraq share a statement to recognize MSMEs at the heart of any resilient recovery from the […]
From the Iraq Britain Business Council (IBBC): Please join IBBC webinar on The Privatization of Iraqi State-owned Enterprises, which will take place on July 6th from 1.00pm - 2.30pm UK time on Zoom. Please register for IBBC webinar here Professor Frank Gunter of Lehigh University joined by other Members of the IBBC Advisory Council has […]
By John Lee. Croatia's Koncar Group has signed an agreement worth EUR 65 million ($69 million) with Iraq's Ministry of Electricity for the revitalization of Haditha hydroelectric power station. Under the agreement, the company will carry out what it describes as "a partial revitalization of generation units, replace part of the MV and HV equipment, […]
Funding Facility for Stabilization 2021 Annual Report In 2021, the FFS completed 368 projects (3,060 since 2015) across all sectors of interventions and in the five liberated governorates of Anbar, Diyala, Kirkuk, Ninewa and Salah al-Din for a total value of US$ 164.5 million (US$ 826.2 million since 2015), generating over 3 million benefits (18.9 […]
From The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Economic Diversification and Energy Transition in Iraq and the Gulf Iraq is in the midst of an unprecedented economic crisis as it grapples with a volatile post-election political environment and […]
By Basima Abdulrahman, Rania Baker and Ahmed Tabaqchali, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Economic Review: Iraq's Industrial Sector | Green Building | Ukraine […]
KRI's anti-corruption agenda strengthened under new agreement with Commission of Integrity The United Nations Development Programme (UNDP) and the Kurdistan Region of Iraq's (KRI) Commission of Integrity (CoI) have today renewed a Memorandum of Understanding (MoU) to strengthen KRI's legislative and strategic anti-corruption frameworks and to enhance, the investigative capacity of it in line with […]
By John Lee. Medicinal and pharmaceutical products was the biggest category of goods exported from the UK to Iraq in the four quarters to the end of Q4 2021. According to a report issued by the UK's Department of International Trade (DIT), the sector accounted for exports of £87.2 million, which was 24.2 percent of […]
