Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Uber in Talks to Enter Iraqi Market

By John Lee. Uber is in discussions to enter the Iraqi market under its own brand. The company's Executive Director for the Middle East met with Transport Minister Wahab Salman Mohammed to explore the opportunity, discussing app-based transport services and knowledge exchange in the transport sector. The company's representative said that Iraq's improved security environment […]

Iraq signs Gas Flaring Deal with US Firm

By John Lee. A memorandum of understanding (MoU) has been signed between Iraq's General Company for Carbon Economics (GCCE) and US-based Morgan Hughes Energy (MHE), aimed at developing projects to capture and utilise low-pressure associated gas currently being flared at oil production sites across Iraq. The agreement was signed under the patronage of Minister of […]

KRG Deputy Minister "Calls Iraq's Development Road Project Unfair"

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG Deputy Minister Calls Iraq's Development Road Project Unfair KRG Deputy Minister Agrin Abdullah says Iraq's Development Road bypasses Kurdish areas, urging a railway via Kirkuk and Erbil before construction advances. Click here to […]

Foundation Stone Laid for Motorplex in Zakho

By John Lee. The foundation stone of Motorplex Iraq, described as the Kurdistan Region's largest integrated automotive project, has been laid in Zakho. The project is being developed by Harlem Group and Muhanad Group, with Kurdistan Region Prime Minister Masrour Barzani officiating at the ceremony. Spanning more than 225,000 square metres, the development is designed […]

Telecoms MoU Signed Between Iraq and Huawei

By John Lee. A memorandum of cooperation has been signed between the General Company for Telecommunications and Informatics and China's Huawei, aimed at strengthening strategic partnership, developing telecommunications and information technology infrastructure, and supporting digital transformation in Iraq. The agreement was concluded during a visit to China by Minister of Communications Mustafa Jabbar Sanad. (Source: […]

New AI Tutoring Platform for Iraqi Students

By Padraig O''Hannelly. A French-based Iraqi engineer has launched an interactive educational platform built on the official Iraqi curriculum. ManarWay offers an AI tutor, 3D virtual labs, and on-the-spot practice correction, and is designed to run on a student's smartphone without additional hardware. Key features of the platform include: Curriculum alignment: built on the official […]

New Automotive Hub Opens in Zakho

By John Lee. A new automotive centre has opened in Zakho in the Kurdistan Region of Iraq. The facility was developed by Harlem Group in partnership with Muhanad Group and spans close to 200,000 square metres. The centre covers vehicle reception and preparation, pre-delivery inspection (PDI), accessory fitting, vehicle care, spare-parts warehousing, body repair, quality […]

Turkish Business Delegation Visits Kurdistan Region

By John Lee. A business delegation from Türkiye, comprising business owners, entrepreneurs, and investors who are members of the Foreign Economic Relations Board (DEİK), has met with Kurdistan Region Prime Minister Masrour Barzani in Erbil. The meeting was also attended by Anıl Bora İnan, Ambassador of Türkiye to Iraq, and Erman Topçu, Consul General of […]

NIC Head Calls for Qatari Factories in Iraq

By John Lee. Talks on expanding investment between Iraq and Qatar took place at a meeting between National Investment Commission (NIC) chairman Adel Dakhil Muhammad al-Yasiri and Sheikh Faisal bin Qassim Al Thani, chairman of the Qatari Businessmen Association, held in the presence of Minister of Trade Mustafa Nizar Jumaa and a number of Qatari […]

First Automotive Plant Contract Signed in Kurdistan Region

By John Lee. An agreement has been signed to build an automotive manufacturing plant in Zakho, in Iraq's Kurdistan Region. The contract was signed between Harlem Group and China's Jetour International, marking what the companies describe as the first and largest domestic automotive manufacturing project in the Region, covering more than 1,000 dunams. The contract […]

Newbury Pharma gets Import Approvals for 19 Hospital Products in Iraq

By John Lee. Import approvals have been granted for 19 hospital products from the portfolio of Newbury Pharmaceuticals International in Iraq. The approvals were issued by the Ministry of Health to the Swedish company's local distribution partner, allowing the products to be imported and sold in the country ahead of full product registration. The approvals […]