Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Basima Abdulrahman, Rania Baker and Ahmed Tabaqchali, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Economic Review: Iraq's Industrial Sector | Green Building | Ukraine […]
KRI's anti-corruption agenda strengthened under new agreement with Commission of Integrity The United Nations Development Programme (UNDP) and the Kurdistan Region of Iraq's (KRI) Commission of Integrity (CoI) have today renewed a Memorandum of Understanding (MoU) to strengthen KRI's legislative and strategic anti-corruption frameworks and to enhance, the investigative capacity of it in line with […]
By John Lee. Medicinal and pharmaceutical products was the biggest category of goods exported from the UK to Iraq in the four quarters to the end of Q4 2021. According to a report issued by the UK's Department of International Trade (DIT), the sector accounted for exports of £87.2 million, which was 24.2 percent of […]
By John Lee. The Brazilian Ambassador to Iraq has said that there are promising opportunities to enhance relations and economic development between the two countries. Pointing out that Brazil imports 80 percent of its fertilizer needs, Luis Evaldo Santos (pictured) told Al-Sabaah that Iraq can supply this commodity to Brazil, especially with its large stocks […]
The President and Chairman of the Trade Bank of Iraq (TBI) has said that he expects it will be "a number of years" before payment processing services such as Paypal and Stripe will be able to operate in Iraq. Responding to a question from Iraq Business News (IBN) at the Iraq Britain Business Council (IBBC)'s […]
Mobile phone operator Asiacell has selected UK-based MCP Insight to provide their anti-fraud and compliance monitoring solutions for Asiacell's Value Added Services and Direct Carrier Billing services. MCP will be working closely with IQ Services, the Carrier's internal Master Aggregator, who manage all merchants offering services on Asiacell's network. MCP's combined Scanner and Shield solutions […]
By John Lee. Iraq's Ministry of Industry has reportedly invited investors for its new Wasit Industrial City. The Director of Planning at the Industrial Cities Authority of the Ministry, Amal Hassan Al-Bazzouni, told Al-Sabaah news agency that the authority was keen to make the industrial city environmentally friendly. The development will cover an area of […]
By John Lee. US-based engineering company Kellogg Brown & Root (KBR) has agreed to a settlement of nearly $14 million to resolve allegations of fraud relating to its activities in Iraq. According to a statement from the US Department of Justice, the claims resolved by the settlement are allegations only and there has been no […]
By John Lee. The Iraq Britain Business Council (IBBC) has announced that Baghdad-based Etihad Law has joined the organisation as a new member. Etihad provides legal services to individuals and corporations, and provides financial services supporting small- and medium-sized projects. The firm was founded by Ahmed Al Hankawi and AbdulHadi Al Shimary. (Source: IBBC)
By John Lee. Saudi Arabia has approved a memorandum of understanding (MoU) with Iraq, under which Saudi Arabia would provide electricity to Iraq. The agreement was approved at meeting of the Saudi cabinet (pictured) on Tuesday, chaired by King Salman bin Abdulaziz Al Saud. According to the state-controlled Iraqi News Agency (INA), the routes of […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Kurdish female entrepreneurs overcome barriers to succeed Businesswomen say Iraq's Kurdistan Regional Government needs to work harder to create the conditions for entrepreneurs. Click here to read the full article.
By John Lee. The Iraqi government has decided hold an "electronic national population census" in the last quarter of next year. The decision was taken at a meeting of the country's Higher Population Council, which was chaired by Prime Minister Mustafa al-Kadhimi. (Source: Govt of Iraq)
