Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From the Iraq Britain Business Council (IBBC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IBBC Trade Mission Concludes Extensive Programme of Meetings in Baghdad The Iraq Britain Business Council (IBBC) has concluded a trade mission to Baghdad, bringing a 30-strong delegation of IBBC […]
By John Lee. Six memoranda of understanding (MoUs) were signed between Iraq and France at the Élysée Palace in Paris on Monday, covering defence, energy, aviation, and youth and innovation cooperation. The agreements were signed during a visit by Prime Minister Ali al-Zaidi and were witnessed by French President Emmanuel Macron. According to the Prime […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi PM Adviser Denies US Plans to Halt Dollar Shipments Iraqi PM adviser Mazhar Mohammed Saleh denied reports that Washington plans to halt dollar shipments if armed groups fail to disarm by Sept. 30. […]
By John Lee. Talks on cooperation in Iraq's transport sector have taken place between Transport Minister Wahab Salman Mohammed and a delegation from the Iraq Britain Business Council (IBBC), led by its president Baroness Emma Nicholson. The meeting, held on Sunday, covered outcomes from the delegation's visit the previous week to the General Company for […]
From the Iraq Britain Business Council (IBBC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IBBC visit Basrah with focus on Maritime, Chambers and member engagement. The IBBC Iraq team of Colin Findlay, Ali Mazhkour, Dr Ali Jawad visited Basra to convene IBBCs Maritime […]
By John Lee. Work is under way to accelerate construction of the Samawah solar power station in southern Iraq [Muthanna], to be built in two phases with a combined capacity of 750MW. The project is being carried out by Power Construction Corporation of China (PowerChina). According to Iraq's Ministry of Electricity, the first phase will […]
By John Lee. A delegation from the Iraq Britain Business Council (IBBC), led by Baroness Emma Nicholson, has met with Finance Minister Faleh Sari to discuss investment opportunities in Iraq and the potential for expanding economic partnerships between the two countries. The delegation included a number of Iraqi and British companies. According to the Ministry […]
By John Lee. A new agricultural pesticide factory has opened in the Karma Island area of Anbar province. The Al-Tariq factory is affiliated with the General Company for Pharmaceutical Industries and Medical Supplies in Samarra, and was developed in partnership with a private-sector Iraqi pharmaceutical company, with support from specialist international firms. The factory comprises […]
By John Lee. The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has appointed Thomas Jacobs as Division Director for the Levant, Iraq, and Yemen. He succeeds Khawaja Aftab Ahmed, who held the role for four years. Based in Amman, Jacobs will lead IFC's work across Jordan, Lebanon, Syria, Iraq, Yemen, […]
By John Lee. Construction is under way on the Bawanur Dam project in the Garmian District of the Kurdistan Region. The project is designed to strengthen water security, support agriculture and environmental protection, and generate electricity. Overseen by the Kurdistan Regional Government's (KRG) Ministry of Agriculture and Water Resources, the dam is an embankment structure […]
By John Lee. Plans to develop a national artificial intelligence (AI) infrastructure in Iraq have been discussed by the Communications and Media Commission (CMC) and an adviser to the Prime Minister. According to the CMC, Baligh Abu Kalal, head of the CMC, met with Dr Diya Al-Jumaili, adviser to the Prime Minister for AI affairs, […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq Drains $16bn from Reserves after Oil Revenues Slump Iraq's foreign-currency reserves fell by nearly $16 billion in four months this year as the government tapped […]
