Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Erbil and West Azerbaijan provinces sign MoU to increase trade The governors of Erbil and Iran's Kurdish-majority West Azerbaijan provinces met on Tuesday and signed a memorandum of understanding (MoU) to increase trade movement […]
The Board of Governors of China's Asian Infrastructure Investment Bank (AIIB) has approved the application of Iraq to join the Bank. Iraq becomes AIIB's 51st regional member, bringing the Bank's approved membership to 105 in total. As a multilateral development bank with the mission of financing infrastructure for tomorrow, AIIB aims to support its members […]
By John Lee. Iraq's General Customs Authority has announced the reopening of the Safwan/Abdali border crossing between Iraq and Kuwait. The crossing had previously been closed to help prevent the spread of COVID-19 (coronavirus). Designs were completed earlier this year for a redevelopment of the crossing. (Source: General Customs Authority)
Ministry of Labour and Social Affairs, and ILO launch activities to combat child labour in Iraq The Ministry of Labour and Social Affairs and the International Labour Organization (ILO) kicked off a series of activities that support a nation-wide campaign to tackle the worst forms of child labour in the country. The activities are part […]
Request for Statements of Interest: FY21 DRL Iraq Programs The U.S. Bureau of Democracy, Human Rights and Labor (DRL) has announced a Request for Statements of Interest (RSOI) outlining project concepts and capacity to manage programs in Iraq that will: strengthen effective governance; increase political participation and civic activism; promote fundamental freedoms; and support atrocity prevention, accountability, and […]
A message from the Iraqi Children Foundation (ICF): Dear friends of Iraqi children, Need a holiday gift idea for family, friends, employees? Need to increase your year-end tax-deductible donations? We can help! Make a gift in honor of someone special, and we will send you our two beautiful digital ICF Christmas cards, which you can share […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. IEITI Annual Reports Continue but Changes in Form, Quality and Substance are Crucial and Needed Iraq Extractive Industry Transparency Initiative (IEITI) issued its 2018 annual report and, currently, is processing its combined […]
By John Lee. The Iraqi Cabinet has approved the Ministry of Electricity entering into a the contract for the construction of two solar energy projects in Karbala (300 megawatts) and Alexandria/Iskandariya (225 megawatts). The Ministry of Oil had previously announced the project in October, involving a consortium of companies led by the Norwegian Scatec, whose […]
By John Lee. Iraq and Syria have discussed a possible increase in trade between the two countries. Syria's state-controlled news agency SANA reports that Syrian Economy and Foreign Trade Minister, Dr. Mohammad Samer al-Khalil, met with the Chargé d'Affairs at the Iraqi Embassy in Damascus, Yassin Sharif al-Hujaimi, and discussed the facilitation of border crossings […]
By John Lee. Masdar (Abu Dhabi Future Energy Company) has revealed more details of its solar power projects in Iraq. In an interview with Project Finance International (PFI), the company's CFO, Niall Hannigan, said the engagement will see five solar PV schemes with a combined capacity of 1GW. This will comprise a 450MW scheme in […]
By John Lee. The Al-Furat General Company for Chemical Industries and Pesticides has rehabilitated its soda and chlorine factory, which had been inactive for 13 years. The company, which is part of the Ministry of Industry and Minerals, says the factory operates with environmentally friendly membrane cell technology, and contains four lines to produce four […]
Project launched to promote inclusive economic growth and job creation in Iraq A ceremony was held to formally launch the 'Strengthening the agriculture and agri-food value chain and improving trade policy' (SAAVI) project. The five-year project worth EUR 22.5 million is funded by the European Union and is being implemented by the International Trade Centre […]
