Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Transparency International has said that Iraq's ranking has risen slightly in its global Corruption Perceptions Index (CPI) for 2021. From a total of 180 countries, Iraq came in at number 157; the previous year's position was 160th out of 180 countries. This result puts it on equal ranking with Honduras and Zimbabwe. […]
KRG Prime Minister Masrour Barzani on Sunday attended and supervised the Industrial Forum for Developing Market and Job Opportunities in Erbil. In his remarks to the Forum, Prime Minister Barzani noted that development in the Kurdistan Region was to the benefit of all of Iraq, and asked Iraqi politicians not to create obstacles to the […]
Kurdistan Region Economic Council discusses economic situation, rearranging income The Kurdistan Region Economic Council on Saturday held a meeting led by Prime Minister Masrour Barzani and attended by Deputy Prime Minister Qubad Talabani. In the meeting, the Council discussed a report from the committee previously formed by the Council and tasked with overseeing the process […]
By Robert Tollast and Mina Aldroubi, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's multibillion-dollar wheat import bill: how war in Ukraine affects the wider world The war in Ukraine, one of the world's major wheat producing regions, has […]
Rabee Securities is hosting a 3-day event at the Iraq Pavilion at EXPO 2020 to showcase Iraq's top technology startups. From 7-9 March, presentations will be given by Iraq's most promising entrepreneurs and interested parties will have the opportunity to meet them one-on-one. The lineup of startups scheduled to attend include Miswag, Iraq's largest ecommerce platform as […]
The Takween Accelerator is looking for potential investors to attend our Investor Bootcamp Program. This program is designed to provide an investor training bootcamp to high potential individuals to increase their interest and skills in investing in tech startups within KRI and Iraq. The goal of this program is to increase the number of startup […]
By Layal Shakir, for Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi central bank suggests halting business, financial dealings with Russia The Central Bank of Iraq (CBI) on Wednesday suggested halting business operations and financial dealings with Russia following America's far-reaching sanctions […]
IoT-Kids, an Iraqi-based online programming learning platform for children, has successfully secured five-figure investment from the leading ISP provider in Iraq - Earthlink Telecommunications, through the Iraqi Angel Investors Network (IAIN) member, Dr. Ala'a Jasim [Alaa J Mousa]. This investment included a matching grant of 20,000 dollars from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) […]
New partnership supports private sector development in Iraq's Kurdistan Region The United Nations Development Programme (UNDP) in Iraq and the Kurdistan Regional Government's Ministry of Planning (MoP) have today signed a new Memorandum of Understanding (MoU) that will boost the private sector by encouraging the growth of micro, small and medium enterprises (MSMEs). The MoU […]
From the Iraq Britain Business Council (IBBC): From 12th to 19th February 2022 Baroness Nicholson accompanied by IBBC Managing Director Christophe Michels visited Baghdad, Erbil and Dohuk. For their meetings they were joined on occasion by IBBC's Member Representative in Iraq, Mr Haider Al Shamaa, and by IBBC Executive Committee Member, Mr Sardar Al Bebany. […]
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has opened the Al-Kawthar Paper Factory in Karbala. The plant has a capacity of 250 tons of paper per day, which covers 17 percent of the Iraq's needs. It can also produce 150 tons per day of cartons, covering 15 percent […]
Among the fruits of the partnership between The Association of Municipalities and Towns of Slovenia and Basra governorate, is the Basra Business Incubator. The Basra Business Incubator was opened last December to help young people kick-start their projects and their future careers. The incubator -the first of its kind in the region- will serve as a […]
