Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Mohammed Koperly (LLB, PstgD, MCIArb), for Al Nesoor Law. One of the most significant worldwide developments during Covid-19 was the increase in consumer engagement in financial markets, many for the first time especially in Iraq. The coronavirus outbreak has acted as a catalyst for a digital revolution facilitated by financial technology (fintech). As Iraq […]
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq expands border crossings with Saudi Arabia to boost trade In the context of strengthening economic relations, Iraq and Saudi Arabia are diversifying their trade outlets, intending to increase […]
ZoodPay, the "Buy Now Pay Later" (BNPL) app, has announced that it has successfully completed a $38-million Series B fundraising. London based VC Sturgeon Capital, Zain Group's venture capital arm 'Zain Ventures', and other existing investors joined the funding round. Headquartered in Switzerland, the ZoodPay & ZoodMall app has already more than 8 million users […]
By John Lee. Erbil and Baghdad have reportedly reached a deal valued at 10 billion Iraqi dinars ($6.8 million) to sell chicken from Iraqi Kurdistan's Akre district to central and southern Iraq. More here. (Source: Kurdistan 24)
Free products always make our eyes sparkle. Especially when it comes to software services, no one wants to add another item to their long list of monthly subscriptions. It's the same with VPNs. With tons of free VPNs available on the web and millions of people using them every day, it's easy for you to […]
As a measure of confidence in the global and Iraqi economy, the Iraq Britain Business Council (IBBC) is seeing a marked upswing in quality and quantity of speakers at the Autumn Conference at the Address hotel, Dubai 22nd November. The topic, in line with COP26 and the new energy horizon, is one of sustainability. Not […]
By John Lee. Nineveh Criminal Court has sentenced the former director of Real Estate Registration and his assistants to ten years in prison for fraud relating to property belonging to Mosul Municipality Department. The court issued a sentence of temporary imprisonment for ten years in accordance with article (289) of Penal Code No.(111) of 1969 […]
By John Lee. Iraq has officially ratified the Paris Agreement on Climate Change. The Agreement will enter into force for Iraq on 1st December 2021. The Paris Agreement is an international treaty on climate change, adopted in 2015. It aims to keep the rise in mean global temperature to well below 2 degrees Celcius above […]
Empowering Women in Iraq for the Future of Work through Digital Reskilling A programme empowering women in Iraq for the future of work through digital reskilling is being conducted with the financial support of Japan's Hiroshima prefecture Government. The online training programme will be run for 6 weeks which will include self-paced online courses, webinars, […]
Following a successful investigation and conviction of four individuals for corruption at Unaoil, the UK's Serious Fraud Office (SFO) has recovered criminal gains of almost £100,000 from a former senior executive. The full amount must now be paid into the public purse within 28 days. Earlier this year, the SFO was praised by HM Crown […]
By Padraig O'Hannelly. Germany's new ambassador to Iraq has invited German companies to join an economic conference in Basra, which he is planning to arrange in Spring 2022, in cooperation with the Governor of Basra. H.E. Martin Jaeger said his first trip within Iraq following his appointment was to Basra, where he got the strong […]
Prime Minister Masrour Barzani on Wednesday launched Erbil's first-ever agriculture fair, for farming and animal products. The fair is supervised by the Iraqi ministry of agriculture and the Kurdistan Region ministry of agriculture and water resources. PM Barzani said the fair is an important step towards developing Iraq's agriculture. "This fair will be a starting […]
