Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. IEITI Annual Reports Continue but Changes in Form, Quality and Substance are Crucial and Needed Iraq Extractive Industry Transparency Initiative (IEITI) issued its 2018 annual report and, currently, is processing its combined […]
By John Lee. The Iraqi Cabinet has approved the Ministry of Electricity entering into a the contract for the construction of two solar energy projects in Karbala (300 megawatts) and Alexandria/Iskandariya (225 megawatts). The Ministry of Oil had previously announced the project in October, involving a consortium of companies led by the Norwegian Scatec, whose […]
By John Lee. Iraq and Syria have discussed a possible increase in trade between the two countries. Syria's state-controlled news agency SANA reports that Syrian Economy and Foreign Trade Minister, Dr. Mohammad Samer al-Khalil, met with the Chargé d'Affairs at the Iraqi Embassy in Damascus, Yassin Sharif al-Hujaimi, and discussed the facilitation of border crossings […]
By John Lee. Masdar (Abu Dhabi Future Energy Company) has revealed more details of its solar power projects in Iraq. In an interview with Project Finance International (PFI), the company's CFO, Niall Hannigan, said the engagement will see five solar PV schemes with a combined capacity of 1GW. This will comprise a 450MW scheme in […]
By John Lee. The Al-Furat General Company for Chemical Industries and Pesticides has rehabilitated its soda and chlorine factory, which had been inactive for 13 years. The company, which is part of the Ministry of Industry and Minerals, says the factory operates with environmentally friendly membrane cell technology, and contains four lines to produce four […]
Project launched to promote inclusive economic growth and job creation in Iraq A ceremony was held to formally launch the 'Strengthening the agriculture and agri-food value chain and improving trade policy' (SAAVI) project. The five-year project worth EUR 22.5 million is funded by the European Union and is being implemented by the International Trade Centre […]
By John Lee. Jordan and Iraq have signed a protocol for cooperation on geology and mining. Under the agreement, the two sides will exchange expertise in the field of research and exploration for mineral resources, evaluation and preparation for exploitation. The protocol was signed by the Jordanian Minister of Energy and Mineral Resources, Dr. Saleh […]
Sustainable Living in Iraq: A Milestone 1,000 SMEs Financed Through IOM's Enterprise Development Fund At the conclusion of Iraq's devastating conflict with the Islamic State in Iraq and the Levant (ISIL), small and medium enterprises (SMEs) found themselves without access to the finance necessary to rebuild in the wake of the war's large-scale destruction. In […]
By John Lee. UAE's Ducab Group has reportedly been awarded a contract to supply overhead conductors for a 288-Km Over-Head Line (OHL) as part of a GE Renewable Energy project in Iraq. According to Zawya, the contract involves the design, supply, installation, testing, and commissioning of a 400kV overhead transmission line from Jordan to the […]
Musab Alkateeb, the immediate past CEO of Siemens Iraq, has joined the the Iraq Britain Business Council (IBBC) advisory council after 20 years leading Siemens Iraq, Honeywell and championing government reform in Iraq. Musab is well known to IBBC members, to Iraq and the private sector and has a wealth of experience in the issues […]
By Mac Skelton and Abdulameer Mohsin Hussein, for the Konrad-Adenauer-Stiftung. Medicine Under Fire - How Corruption Erodes Healthcare in Iraq The April and July 2021 hospital fires in Nasiriya and Baghdad left hundreds dead, adding insult to injury for a medical system that had already buckled under the weight of the COVID-19 pandemic. Why did […]
