Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Positive Hiring Outlook in Iraq: MSelect releases extensive and upbeat Iraq employment outlook report for H1 2022 Iraq's first major employment outlook report has just been published by MSelect, a leading Iraqi staffing agency and member of IBBC. In a wide-ranging survey across multiple sectors, regions and company sizes, there is overwhelmingly bullish news on […]
By John Lee. The Council of Ministers of the Kurdistan Regional Government (KRG) has approved a draft bill concerning company registration. According to a statement from the KRG, the bill aims to streamline and simplify the process of registering new companies, with the aim of reducing bureaucracy and encouraging investment. (Source: KRG)
By John Lee. The Iraqi Cabinet has suspended of the requirement for import licenses for foodstuffs, consumables, and medicines until June 8, 2022. The move is intended to ease supply and reduce the upward pressure on prices. In a statement, the cabinet assured that it would maintain inspection and quality control procedures, health checks, and […]
By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet authorised the Ministry of Finance to negotiate and initialize a draft agreement for the avoidance of double taxation and the prevention of tax evasion on income and capital, between Iraq and Jordan, […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. New Iranian ambassador signals 'changed approach to Iraq' Iran has appointed Mohammad Kazem Aal-e Sadeq as its new ambassador to Baghdad, ending the 5-year tenure of Iraj Masjedi. Speaking on condition of anonymity, […]
Ministry of Labour and Social Affairs and UNDP partner to boost employment opportunities in Iraq A Memorandum of Understanding (MoU) has been signed between the Federal Ministry of Labour and Social Affairs (MoLSA) and the United Nations Development Programme (UNDP). The partnership will focus on promoting sustainable economic growth and boosting employment opportunities in Iraq. […]
By John Lee. Iran has reportedly named its new Ambassador to Iraq. According to both Tehran Times and Mehr News, Mohammad Kazem Al Sadeq will soon replace Iraj Masjedi as Iran's top diplomat in Baghdad. On Twitter, Fereshteh Sadeghi (@fresh_sadegh), says that Al Sadeq is from a family of clerics, is fluent in Arabic, and […]
By John Lee. UK-based Scanna MSC Ltd has won a contract with the United Nations Office for Project Services (UNOPS) for the supply of its XR-200 X-Ray Systems for the disposal of explosive ordnance in Iraq. According to the company's website, the XR200 is a "150 kV, battery powered, pulsed X-ray generator used in security and […]
By John Lee. Chinese automobile brand Exeed is reportedly planning to enter the Iraqi market later this year. According to Zawya, two of Iraq's leading car dealers are currently in talks with the automaker. The brand was introduced by China's Chery Automobile in 2018. (Source: Zawya)
By John Lee. Work has started on the construction of 40 new schools in Najaf, as part of the Chinese-funded plan to build 1,000 schools across the country. The schools will be built by the Power Construction Corporation of China (PowerChina). The Secretary-General of the Council of Ministers, the Minister of Education and the Governor […]
By John Lee. Dari Concepts LLC, Newark, Delaware, has been awarded a $10,026,228 firm-fixed-price contract for labor, materials and supplies to acquire, deliver and install security systems along the perimeter of the International Zone in Baghdad, Iraq. Bids were solicited via the internet with eight received. Work will be performed in Baghdad, Iraq, with an […]
By John Lee. The Turkish-based private jet charter company AirSada has won a contract to supply medical evacuation (medevac) services to Japan's JGC Corporation in Iraq. JGC is the main contractor for the major upgrading project at South Refineries Company's (SRC) Basra refinery. The contract with AirSada, which runs to September 2025, includes air ambulance […]
