Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Rostom Aram, for Almas Group. Freight Under Pressure: How Regional Instability Is Reshaping Middle East Logistics The Middle East remains one of the world's most important logistics corridors, connecting production hubs in Asia with markets across Europe, Africa, and the wider region. However, periods of geopolitical tension continue to test the resilience of supply […]
By John Lee. State-owned Rafidain Bank has launched the 59th round of its "Leadership and Excellence" initiative to support small and medium-sized enterprises (SMEs). According to the bank, the new round allocates a total of IQD 1 billion (approximately $763,000) to 93 beneficiaries. The programme forms part of the entrepreneurship financing initiative supported by the Central […]
By John Lee. The World Bank has imposed a sanction of debarment with conditional release on the Turkish company Aktif Elektroteknik San ve Tic A.S. following findings of corrupt and fraudulent practices in Iraq. It said the company has been debarred for a minimum period of one year and three months. The firm may only be […]
By John Lee. Rana Fadwa Sameer Adeeb Al-Dabbagh has won a contract with the United Nations Development Programme (UNDP) for "Civil Society Empowerment Specialist." Ref: 10514918/UNDP-IRQ-01986. Contract value is stated as $73,158. (Source: UNGM)
By John Lee. Iraqi General Company for Exhibitions and Commercial Services has confirmed new dates for the 50th Baghdad International Fair, scheduled to take place from 23-29 January 2027. The company, which operates under the Ministry of Trade, said the new schedule replaces the previously planned dates of 1-7 February 2027. Director General Dr Mustafa […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Mounting regional confrontation chokes Iraq's energy lifelines Iraq is in crisis as a nationwide oil and gas production shutdown has put the future of the country's economy in flux. This comes […]
From Kapita Research. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's 2026 Customs Reset Iraq's main ports have been partially paralyzed since the start of 2026. The cause is not a physical blockade but the activation of a new digital customs system […]
By John Lee. The State Company for Construction Industries, part of Iraq's Ministry of Industry and Minerals, has announced the launch of production at the Baghdad Brick Plant following a comprehensive rehabilitation and modernisation programme carried out with private-sector participation. The plant's Turkish-origin production line has been upgraded with modern industrial technologies and converted to a […]
By John Lee. Iraq's Private Sector Development Council has held its second session to discuss current economic developments and measures to support economic and financial stability. The meeting was attended by representatives from several government institutions, including the Ministry of Planning, with Dr Sabah Jundi Mansour, Director of the Economic and Financial Policies Department, representing the […]
By John Lee. The Embassy of the Republic of Iraq has officially begun operating in Ashgabat, marking a new step in strengthening diplomatic relations between Iraq and Turkmenistan. The development was discussed during a meeting on 9th March 2026 at the Ministry of Foreign Affairs of Turkmenistan between Deputy Foreign Minister Serdar Muhammetdurdyyev and Jassim […]
By John Lee. The Central Bank of Iraq (CBI) has held an extraordinary board meeting to review recent economic and financial developments and assess macroeconomic indicators and future outlooks in light of regional and global changes. The board conducted a comprehensive review of conditions in the monetary and financial markets, including: Liquidity levels within the banking […]
By John Lee. The Ministry of Electricity has said the Iraq-Gulf electricity interconnection project will soon enter service with an initial capacity of 500MW. According to ministry spokesperson Ahmed Mousa Al-Abadi, the project is around 95 percent complete and is currently undergoing final operational procedures before the first phase becomes operational. The ministry also confirmed that […]
